Telsey Advisory Group Reiterates "Market Perform" Rating for Guess? (NYSE:GES)

Key Points

• Telsey Advisory Group has reiterated a "Market Perform" rating for Guess? (NYSE: GES) and set a price objective of $16.75, indicating a potential downside of 0.62% from the current price.
• UBS Group raised their target price on Guess? from $12.00 to $13.00, also giving the company a "neutral" rating, while consensus suggests a target price of $14.88.
• Guess? surpassed earnings expectations with a reported $0.26 EPS for the last quarter, significantly exceeding analysts' estimates and reflecting a 5.5% increase in quarterly revenue compared to the previous year.

Telsey Advisory Group restated their market perform rating on shares of Guess? (NYSE:GES - Free Report) in a research note released on Thursday,Benzinga reports. Telsey Advisory Group currently has a $16.75 price objective on the stock. Telsey Advisory Group also issued estimates for Guess?'s Q3 2026 earnings at $0.29 EPS, Q4 2026 earnings at $1.44 EPS, FY2026 earnings at $1.58 EPS, Q1 2027 earnings at ($0.59) EPS, Q2 2027 earnings at $0.27 EPS, Q3 2027 earnings at $0.40 EPS, Q4 2027 earnings at $1.63 EPS and FY2027 earnings at $1.71 EPS.

Separately, UBS Group lifted their price target on shares of Guess? from $12.00 to $13.00 and gave the company a "neutral" rating in a research report on Tuesday, August 19th. Three investment analysts have rated the stock with a Hold rating, According to data from MarketBeat, Guess? currently has an average rating of "Hold" and a consensus price target of $16.75.

Guess? Stock Performance

GES stock traded down $0.07 during trading hours on Thursday, hitting $16.83. 980,060 shares of the stock were exchanged, compared to its average volume of 1,500,554. The company has a current ratio of 1.52, a quick ratio of 0.76 and a debt-to-equity ratio of 1.22. The firm has a market capitalization of $875.24 million, a P/E ratio of 105.16 and a beta of 1.24. The company has a 50-day simple moving average of $13.63 and a two-hundred day simple moving average of $11.99. Guess? has a 12 month low of $8.48 and a 12 month high of $21.26.

Guess? (NYSE:GES - Get Free Report) last released its quarterly earnings results on Wednesday, August 27th. The company reported $0.26 EPS for the quarter, beating the consensus estimate of $0.16 by $0.10. Guess? had a net margin of 1.01% and a return on equity of 16.86%. The business had revenue of $772.94 million for the quarter, compared to the consensus estimate of $758.72 million. During the same period in the prior year, the company posted $0.42 earnings per share. Guess?'s revenue was up 5.5% compared to the same quarter last year. On average, analysts forecast that Guess? will post 1.92 earnings per share for the current fiscal year.

Guess? Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 26th. Shareholders of record on Wednesday, September 10th will be paid a $0.225 dividend. This represents a $0.90 annualized dividend and a yield of 5.3%. The ex-dividend date is Wednesday, September 10th. Guess?'s dividend payout ratio is presently 750.00%.

Institutional Investors Weigh In On Guess?

Hedge funds have recently made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in Guess? during the second quarter valued at approximately $11,727,000. Millennium Management LLC increased its holdings in Guess? by 160.2% in the 4th quarter. Millennium Management LLC now owns 1,159,249 shares of the company's stock worth $16,299,000 after buying an additional 713,666 shares during the period. Senvest Management LLC acquired a new stake in Guess? during the 2nd quarter valued at approximately $8,251,000. Carolina Wealth Advisors LLC acquired a new stake in Guess? during the 1st quarter valued at approximately $5,834,000. Finally, Slotnik Capital LLC acquired a new stake in Guess? during the 1st quarter valued at approximately $3,257,000. 61.74% of the stock is currently owned by hedge funds and other institutional investors.

Guess? Company Profile

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.