The stock of Guess Inc. (NYSE: GES) has increased by 0.27 when compared to last closing price of 25.69.Despite this, the company has seen a gain of 1.82% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-19 that Guess (GES) reported earnings 30 days ago. What’s next for the stock?
Is It Worth Investing in Guess Inc. (NYSE: GES) Right Now?
Guess Inc. (NYSE: GES) has a higher price-to-earnings ratio of 8.47x compared to its average ratio, The 36-month beta value for GES is at 2.00. Analysts have varying views on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 3 as “hold,” and 0 as “sell.”
The public float for GES is 27.24M, and currently, shorts hold a 27.73% of that float. The average trading volume for GES on April 23, 2024 was 1.37M shares.
GES’s Market Performance
GES’s stock has seen a 1.82% increase for the week, with a -10.44% drop in the past month and a 22.23% gain in the past quarter. The volatility ratio for the week is 2.41%, and the volatility levels for the past 30 days are at 3.22% for Guess Inc. The simple moving average for the past 20 days is -5.50% for GES’s stock, with a 20.85% simple moving average for the past 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 4.06% 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 unable to rebound, for now settling with -16.27% of loss for the given period.
Volatility was left at 3.22%, however, over the last 30 days, the volatility rate increased by 2.41%, as shares sank -15.79% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +11.85% upper at present.
During the last 5 trading sessions, GES fell by -6.50%, which changed the moving average for the period of 200-days by +33.33% in comparison to the 20-day moving average, which settled at $28.99. In addition, Guess Inc. saw 21.64% 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 ALBERINI CARLOS, who sale 138,203 shares at the price of $30.53 back on Apr 08 ’24. After this action, ALBERINI CARLOS now owns 1,131,575 shares of Guess Inc., valued at $4,219,338 using the latest closing price.
ALBERINI CARLOS, the CEO and Director of Guess Inc., sale 211,797 shares at $30.32 during a trade that took place back on Apr 05 ’24, which means that ALBERINI CARLOS is holding 1,269,778 shares at $6,421,685 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 32.08, with 7.80 for asset returns.
Based on Guess Inc. (GES), the company’s capital structure generated 0.47 points at debt to capital in total, while cash flow to debt ratio is standing at 0.54. The debt to equity ratio resting at 0.89. The interest coverage ratio of the stock is 11.52.
Currently, EBITDA for the company is 325.46 million with net debt to EBITDA at 2.88. When we switch over and look at the enterprise to sales, we see a ratio of 0.78. 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 had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
