Guess? (NYSE:GES) Reaches New 1-Year Low - Here's Why

Guess?, Inc. (NYSE:GES - Get Free Report)'s share price hit a new 52-week low on Wednesday . The stock traded as low as $13.29 and last traded at $13.32, with a volume of 77592 shares trading hands. The stock had previously closed at $13.79.

Analysts Set New Price Targets

Several equities research analysts have commented on the stock. Telsey Advisory Group dropped their price target on shares of Guess? from $21.00 to $18.00 and set a "market perform" rating on the stock in a research report on Wednesday, November 27th. UBS Group dropped their target price on shares of Guess? from $18.00 to $16.00 and set a "neutral" rating on the stock in a report on Wednesday, November 27th. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $25.00.

Guess? Price Performance

The stock has a 50-day moving average of $15.87 and a two-hundred day moving average of $18.97. The firm has a market cap of $697.24 million, a price-to-earnings ratio of 11.39 and a beta of 1.90. The company has a current ratio of 1.54, a quick ratio of 0.74 and a debt-to-equity ratio of 1.18.

Guess? (NYSE:GES - Get Free Report) last announced its earnings results on Tuesday, November 26th. The company reported $0.34 EPS for the quarter, missing the consensus estimate of $0.37 by ($0.03). The firm had revenue of $738.52 million during the quarter, compared to analyst estimates of $747.36 million. Guess? had a return on equity of 23.29% and a net margin of 3.19%. The business's quarterly revenue was up 13.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.49 earnings per share. On average, analysts anticipate that Guess?, Inc. will post 1.92 EPS for the current year.

Guess? Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, December 27th. Stockholders of record on Wednesday, December 11th were given a $0.30 dividend. The ex-dividend date was Wednesday, December 11th. This represents a $1.20 annualized dividend and a dividend yield of 8.86%. Guess?'s dividend payout ratio (DPR) is presently 100.84%.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in GES. Sanctuary Advisors LLC lifted its holdings in shares of Guess? by 8,708.5% during the 3rd quarter. Sanctuary Advisors LLC now owns 691,030 shares of the company's stock valued at $13,910,000 after buying an additional 683,185 shares during the last quarter. Geode Capital Management LLC lifted its stake in Guess? by 6.8% in the third quarter. Geode Capital Management LLC now owns 311,496 shares of the company's stock valued at $6,274,000 after acquiring an additional 19,750 shares during the last quarter. Quarry LP lifted its stake in Guess? by 216.9% in the third quarter. Quarry LP now owns 3,359 shares of the company's stock valued at $68,000 after acquiring an additional 2,299 shares during the last quarter. BNP Paribas Financial Markets grew its position in Guess? by 2.2% in the third quarter. BNP Paribas Financial Markets now owns 939,594 shares of the company's stock worth $18,914,000 after acquiring an additional 20,054 shares in the last quarter. Finally, Quantbot Technologies LP increased its stake in shares of Guess? by 4.0% during the 3rd quarter. Quantbot Technologies LP now owns 112,139 shares of the company's stock worth $2,257,000 after purchasing an additional 4,284 shares during the last quarter. Institutional investors and hedge funds own 61.74% of the company's stock.

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.