Guess Inc. (NYSE: GES) is 36.47% higher on its value in year-to-date trading and has touched a low of $17.21 and a high of $32.22 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The GES stock was last observed hovering at around $31.20 in the last trading session, with the day’s gains setting it 0.27%.
Currently trading at $31.47, the stock is 17.49% and 26.88% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.65 million and changing 0.87% at the moment leaves the stock 40.09% off its SMA200. GES registered 69.74% gain for a year compared to 6-month gain of 50.07%. The firm has a 50-day simple moving average (SMA 50) of $1.00 and a 200-day simple moving average (SMA200) of $10.06.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a 25.83% loss in the last 1 month and extending the period to 3 months gives it a 33.07%, and is 0.48% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.57% over the week and 2.75% over the month.
Guess Inc. (GES) has around 12500 employees, a market worth around $1.69B and $2.78B in sales. Current P/E ratio is 10.84 and Fwd P/E is 9.85. Profit margin for the company is 7.09%. Distance from 52-week low is 82.86% and -2.33% from its 52-week high. The company has generated returns on investments over the last 12 months (12.36%).
Guess Inc. quarterly earnings per share for the current quarter are estimated at -$0.39 with sales reaching $576.57M over the same period.The EPS is expected to shrink by -7.55% this year, but quarterly earnings will post 12.40% year-over-year.
Guess Inc. (GES) Top Institutional Holders
261 institutions hold shares in Guess Inc. (GES), with institutional investors hold 132.40% of the company’s shares. The shares outstanding are 54.61M, and float is at 27.07M with Short Float at 26.22%. Institutions hold 67.81% of the Float.
The top institutional shareholder in the company is Blackrock Inc. with over 5.02 million shares valued at $97.64 million. The investor’s holdings represent 9.37% of the GES Shares outstanding. As of Jun 29, 2023, the second largest holder is Vanguard Group Inc with 3.68 million shares valued at $71.56 million to account for 6.87% of the shares outstanding. The other top investors are Dimensional Fund Advisors LP which holds 3.44 million shares representing 6.41% and valued at over $66.84 million, while State Street Corporation holds 2.80% of the shares totaling 1.5 million with a market value of $29.17 million.
Guess Inc. (GES) Insider Activity
The most recent transaction is an insider sale by MARCIANO MAURICE,the company’s10% Owner. SEC filings show that MARCIANO MAURICE sold 600,000 shares of the company’s common stock on Dec 21 ’23 at a price of $23.55 per share for a total of $14.13 million. Following the sale, the insider now owns 1.2 million shares.
Guess Inc. disclosed in a document filed with the SEC on Dec 21 ’23 that MARCIANO PAUL (Chief Creative Officer) sold a total of 300,000 shares of the company’s common stock. The trade occurred on Dec 21 ’23 and was made at $23.55 per share for $7.07 million. Following the transaction, the insider now directly holds 4.33 million shares of the GES stock.
Still, SEC filings show that on Dec 04 ’23, MARCIANO PAUL (Chief Creative Officer) disposed off 150,000 shares at an average price of $22.52 for $3.38 million. The insider now directly holds 1,081,700 shares of Guess Inc. (GES).
