Guess? (NYSE:GES) Shares Gap Up on Analyst Upgrade

Key Points

• Guess?, Inc. shares surged after UBS Group upgraded their price target from $12.00 to $13.00, resulting in the stock opening at $16.77 compared to a previous close of $13.34.
• Institutional investors have significantly increased their stakes in Guess?, with GAMMA Investing LLC and Parallel Advisors LLC raising their holdings by over 700% and 9,000%, respectively, during the first quarter.
• The company reported a quarterly revenue of $647.80 million, exceeding analyst estimates, and posted a net margin of 0.47%, despite an earnings per share of ($0.44).

Shares of Guess?, Inc. (NYSE:GES - Get Free Report) gapped up prior to trading on Wednesday after Telsey Advisory Group raised their price target on the stock from $13.00 to $16.75. The stock had previously closed at $13.34, but opened at $16.77. Telsey Advisory Group currently has a market perform rating on the stock. Guess? shares last traded at $16.77, with a volume of 7,062,985 shares traded.

Separately, UBS Group lifted their target price on Guess? from $12.00 to $13.00 and gave the stock a "neutral" rating in a report on Tuesday, August 19th. Two analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, Guess? has an average rating of "Hold" and a consensus target price of $14.88.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Caxton Associates LLP purchased a new position in shares of Guess? during the second quarter valued at approximately $1,769,000. Public Sector Pension Investment Board boosted its position in shares of Guess? by 8.7% during the second quarter. Public Sector Pension Investment Board now owns 93,971 shares of the company's stock valued at $1,136,000 after buying an additional 7,483 shares during the period. Corient Private Wealth LLC purchased a new position in shares of Guess? during the second quarter valued at approximately $205,000. Vident Advisory LLC purchased a new position in shares of Guess? during the second quarter valued at approximately $461,000. Finally, BNP Paribas Financial Markets boosted its position in shares of Guess? by 5.1% during the second quarter. BNP Paribas Financial Markets now owns 809,839 shares of the company's stock valued at $9,791,000 after buying an additional 39,344 shares during the period. Hedge funds and other institutional investors own 61.74% of the company's stock.

Guess? Stock Up 0.0%

The company has a 50-day simple moving average of $13.12 and a 200-day simple moving average of $11.83. The firm has a market cap of $876.28 million, a PE ratio of -70.18 and a beta of 1.24. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.57 and a quick ratio of 0.76.

Guess? (NYSE:GES - Get Free Report) last announced its earnings results on Thursday, June 5th. The company reported ($0.44) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.70) by $0.26. Guess? had a return on equity of 18.25% and a net margin of 0.47%.The business had revenue of $647.80 million during the quarter, compared to analyst estimates of $630.61 million. During the same quarter in the previous year, the business earned ($0.27) earnings per share. The company's revenue for the quarter was up 9.4% compared to the same quarter last year. Guess? has set its FY 2026 guidance at 1.320-1.640 EPS. Q2 2026 guidance at 0.110-0.210 EPS. Analysts expect that Guess?, Inc. will post 1.92 earnings per share for the current fiscal year.

Guess? Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, July 3rd. Stockholders of record on Wednesday, June 18th were paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 7.1%. The ex-dividend date of this dividend was Wednesday, June 18th. Guess?'s payout ratio is currently -500.00%.

About Guess?

Guess?, Inc designs, markets, distributes, and licenses lifestyle collections of apparel and accessories for men, women, and children. It operates through five segments: Americas Retail, Americas Wholesale, Europe, Asia, and Licensing. The company's clothing collection includes jeans, pants, skirts, dresses, shorts, blouses, shirts, jackets, activewear, knitwear, and intimate apparel.