Guess? (NYSE:GES) Shares Gap Up After 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).

Guess?, Inc. (NYSE:GES - Get Free Report)'s stock price gapped up prior to trading on Wednesday after UBS Group raised their price target on the stock from $12.00 to $13.00. The stock had previously closed at $13.34, but opened at $16.77. UBS Group currently has a neutral rating on the stock. Guess? shares last traded at $16.77, with a volume of 7,062,985 shares changing hands.

Separately, Telsey Advisory Group reaffirmed a "market perform" rating and set a $13.00 price objective on shares of Guess? in a research report on Monday, June 2nd. Two analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company has an average rating of "Hold" and an average target price of $13.00.

Hedge Funds Weigh In On Guess?

Institutional investors have recently bought and sold shares of the business. GAMMA Investing LLC lifted its stake in Guess? by 713.0% during the 1st quarter. GAMMA Investing LLC now owns 2,317 shares of the company's stock valued at $26,000 after acquiring an additional 2,032 shares during the period. Parallel Advisors LLC raised its holdings in shares of Guess? by 9,137.0% during the first quarter. Parallel Advisors LLC now owns 2,494 shares of the company's stock worth $28,000 after purchasing an additional 2,467 shares during the last quarter. Whittier Trust Co. of Nevada Inc. lifted its position in Guess? by 507.5% during the first quarter. Whittier Trust Co. of Nevada Inc. now owns 3,900 shares of the company's stock valued at $43,000 after purchasing an additional 3,258 shares during the period. CWM LLC lifted its position in Guess? by 3,085.0% during the first quarter. CWM LLC now owns 4,236 shares of the company's stock valued at $47,000 after purchasing an additional 4,103 shares during the period. Finally, US Bancorp DE boosted its holdings in Guess? by 4,168.7% in the first quarter. US Bancorp DE now owns 4,226 shares of the company's stock valued at $47,000 after purchasing an additional 4,127 shares during the last quarter. 61.74% of the stock is owned by hedge funds and other institutional investors.

Guess? Price Performance

The firm has a 50-day simple moving average of $12.82 and a two-hundred day simple moving average of $11.74. The company has a market capitalization of $872.07 million, a price-to-earnings ratio of -69.85 and a beta of 1.24. The company has a current ratio of 1.57, a quick ratio of 0.76 and a debt-to-equity ratio of 1.08.

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

Guess? Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, July 3rd. Investors of record on Wednesday, June 18th were paid a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 7.2%. The ex-dividend date 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.

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