Guess' - GES Stock Forecast, Price & News

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Guess' in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" GES shares.
View GES analyst ratings or view top-rated stocks.

2 Wall Street research analysts have issued 12-month target prices for Guess''s stock. Their GES share price forecasts range from $23.00 to $29.00. On average, they expect the company's share price to reach $26.00 in the next year. This suggests a possible upside of 75.8% from the stock's current price.
View analysts price targets for GES or view top-rated stocks among Wall Street analysts.

Guess''s stock was trading at $23.68 at the beginning of the year. Since then, GES shares have decreased by 37.5% and is now trading at $14.79.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 22nd 2022.
View our GES earnings forecast.

Guess', Inc. (NYSE:GES) issued its quarterly earnings results on Wednesday, August, 24th. The company reported $0.39 earnings per share for the quarter, missing analysts' consensus estimates of $0.41 by $0.02. The business had revenue of $643 million for the quarter, compared to analyst estimates of $629.52 million. Guess' had a net margin of 4.86% and a trailing twelve-month return on equity of 28.40%. The firm's revenue was up 2.2% compared to the same quarter last year. During the same period last year, the business posted $0.96 EPS.

Guess' declared a quarterly dividend on Wednesday, August 24th. Investors of record on Wednesday, September 7th will be given a dividend of $0.225 per share on Friday, September 23rd. This represents a $0.90 dividend on an annualized basis and a yield of 6.09%. The ex-dividend date is Tuesday, September 6th.
Read our dividend analysis for GES.

Guess' (NYSE:GES) pays an annual dividend of $0.90 per share and currently has a dividend yield of 5.81%. GES has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 45.92%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GES will have a dividend payout ratio of 28.13% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for GES.

Guess' declared that its board has approved a share buyback program on Monday, March 21st 2022, which authorizes the company to buyback $175,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to repurchase up to 12.4% of its stock through open market purchases. Stock buyback programs are typically a sign that the company's board believes its shares are undervalued.

Guess' updated its FY 2023 earnings guidance on Tuesday, September, 20th. The company provided EPS guidance of $2.65-$2.65 for the period, compared to the consensus earnings per share estimate of $2.60. The company issued revenue guidance of $2.63 billion-$2.63 billion, compared to the consensus revenue estimate of $2.67 billion.

82 employees have rated Guess' Chief Executive Officer Carlos Alberini on Glassdoor.com. Carlos Alberini has an approval rating of 69% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Guess' investors own include Coty (COTY), CVS Health (CVS), Energy Transfer (ET), AT&T (T), Ford Motor (F), Intel (INTC), Carnival Co. & (CCL), Micron Technology (MU), American Airlines Group (AAL) and Invesco Mortgage Capital (IVR).

Guess' trades on the New York Stock Exchange (NYSE) under the ticker symbol "GES."

Shares of GES stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of GES stock can currently be purchased for approximately $14.79.

Guess' (NYSE:GES) has a market capitalization of $805.17 million and generates $2.59 billion in revenue each year. The company earns $171.36 million in net income (profit) each year or $1.96 on an earnings per share basis.

The company employs 12,500 workers across the globe.

Guess''s mailing address is 1444 SOUTH ALAMEDA STREET, LOS ANGELES CA, 90021. The official website for the company is www.guess.com. The company can be reached via phone at (213) 765-3100, via email at ir@guess.com, or via fax at 302-636-5454.