Guess Inc. (NYSE: GES) has a price-to-earnings ratio of 11.51x that is above its average ratio. Additionally, the 36-month beta value for GES is 1.99. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 3 rating it as “hold,” and 0 rating it as “sell.”
The public float for GES is 27.07M and currently, short sellers hold a 26.22% ratio of that float. The average trading volume of GES on April 02, 2024 was 1.03M shares.
GES) stock’s latest price update
Guess Inc. (NYSE: GES) has experienced a rise in its stock price by 6.13 compared to its previous closing price of 31.47. However, the company has seen a gain of 9.19% in its stock price over the last five trading days. Schwab Network reported 2024-04-01 that Guess? (GES) board authorized a $200M share repurchase program. Guess? is to repurchase 326,429 shares for $10.3M.
GES’s Market Performance
Guess Inc. (GES) has experienced a 9.19% rise in stock performance for the past week, with a 31.60% rise in the past month, and a 42.74% rise in the past quarter. The volatility ratio for the week is 3.38%, and the volatility levels for the past 30 days are at 2.82% for GES. The simple moving average for the last 20 days is 23.30% for GES’s stock, with a simple moving average of 48.33% for the last 200 days.
Analysts’ Opinion of GES
Many brokerage firms have already submitted their reports for GES stocks, with Telsey Advisory Group repeating the rating for GES by listing it as a “Market Perform.” The predicted price for GES in the upcoming period, according to Telsey Advisory Group is $30 based on the research report published on March 21, 2024 of the current year 2024.
Jefferies, on the other hand, stated in their research note that they expect to see GES reach a price target of $24, previously predicting the price at $25. The rating they have provided for GES stocks is “Hold” according to the report published on January 04th, 2024.
B. Riley Securities gave a rating of “Buy” to GES, setting the target price at $31 in the report published on September 12th of the previous year.
GES Trading at 33.68% from the 50-Day Moving Average
After a stumble in the market that brought GES to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 2.71% of gains for the given period.
Volatility was left at 2.82%, however, over the last 30 days, the volatility rate increased by 3.38%, as shares surge +31.81% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +49.37% upper at present.
During the last 5 trading sessions, GES rose by +9.19%, which changed the moving average for the period of 200-days by +59.50% in comparison to the 20-day moving average, which settled at $27.49. In addition, Guess Inc. saw 44.84% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at GES starting from MARCIANO MAURICE, who sale 600,000 shares at the price of $23.55 back on Dec 21 ’23. After this action, MARCIANO MAURICE now owns 1,200,000 shares of Guess Inc., valued at $14,131,440 using the latest closing price.
MARCIANO PAUL, the Chief Creative Officer of Guess Inc., sale 300,000 shares at $23.55 during a trade that took place back on Dec 21 ’23, which means that MARCIANO PAUL is holding 4,325,109 shares at $7,065,540 based on the most recent closing price.
Stock Fundamentals for GES
Current profitability levels for the company are sitting at:
- 0.09 for the present operating margin
- 0.44 for the gross margin
The net margin for Guess Inc. stands at 0.07. The total capital return value is set at 0.14. Equity return is now at value 32.30, with 7.85 for asset returns.
Based on Guess Inc. (GES), the company’s capital structure generated 0.48 points at debt to capital in total, while cash flow to debt ratio is standing at 0.37. The debt to equity ratio resting at 0.91. The interest coverage ratio of the stock is 11.44.
Currently, EBITDA for the company is 329.85 million with net debt to EBITDA at 3.08. When we switch over and look at the enterprise to sales, we see a ratio of 0.93. The receivables turnover for the company is 8.82for trailing twelve months and the total asset turnover is 1.07. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.55.
Conclusion
In conclusion, Guess Inc. (GES) has seen better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
