Guess Inc. (NYSE: GES) is -15.61% lower on its value in year-to-date trading and has touched a low of $17.80 and a high of $30.76 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The GES stock was last observed hovering at around $17.81 in the last trading session, with the day’s gains setting it 0.06%.
Currently trading at $17.87, the stock is -7.19% and -9.67% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.75 million and changing 0.34% at the moment leaves the stock -20.95% off its SMA200. GES registered -10.37% loss for a year compared to 6-month loss of -30.41%. The firm has a 50-day simple moving average (SMA 50) of $19.7822 and a 200-day simple moving average (SMA200) of $23.2969.
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The stock witnessed a -6.24% gain in the last 1 month and extending the period to 3 months gives it a -24.18%, and is -9.79% down 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 2.84% over the week and 2.48% over the month.
Guess Inc. (GES) has around 12000 employees, a market worth around $918.88M and $2.87B in sales. Current P/E ratio is 6.82 and Fwd P/E is 6.35. Profit margin for the company is 5.96%. Distance from 52-week low is 0.42% and -41.91% from its 52-week high. The company has generated returns on investments over the last 12 months (10.25%).
Guess Inc. quarterly earnings per share for the current quarter are estimated at 0.37 with sales reaching $748.29M over the same period.The EPS is expected to shrink by -20.06% this year, but quarterly earnings will post 10.00% year-over-year.
274.0 institutions hold shares in Guess Inc. (GES), with institutional investors hold 136.38% of the company’s shares. The shares outstanding are 53.01M, and float is at 31.06M with Short Float at 28.29%. Institutions hold 79.47% of the Float.
The top institutional shareholder in the company is PACER ADVISORS, INC. with over 4.03 million shares valued at $82.29 million. The investor’s holdings represent 7.6239 of the GES Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 3.59 million shares valued at $73.32 million to account for 6.793 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 3.22 million shares representing 6.0766 and valued at over $65.59 million, while VANGUARD GROUP INC holds 5.9501 of the shares totaling 3.15 million with a market value of $64.22 million.
Guess Inc. (GES) Insider Activity
The most recent transaction is an insider sale by ALBERINI CARLOS, the company’s CEO and Director. SEC filings show that ALBERINI CARLOS sold 211,797 shares of the company’s common stock on Apr 05 ’24 at a price of $30.32 per share for a total of $6.42 million. Following the sale, the insider now owns 1.27 million shares.
Guess Inc. disclosed in a document filed with the SEC on Apr 08 ’24 that ALBERINI CARLOS (CEO and Director) sold a total of 138,203 shares of the company’s common stock. The trade occurred on Apr 08 ’24 and was made at $30.53 per share for $4.22 million. Following the transaction, the insider now directly holds 1.13 million shares of the GES stock.
Still, SEC filings show that on Dec 21 ’23, MARCIANO PAUL (Chief Creative Officer) disposed off 300,000 shares at an average price of $23.55 for $7.07 million. The insider now directly holds 4,325,109 shares of Guess Inc. (GES).
