Guess? (NYSE:GES) Reaches New 12-Month Low - Time to Sell?

Guess?, Inc. (NYSE:GES - Get Free Report) shares reached a new 52-week low during trading on Tuesday . The stock traded as low as $11.94 and last traded at $12.04, with a volume of 47362 shares changing hands. The stock had previously closed at $12.11.

Wall Street Analysts Forecast Growth

GES has been the subject of several analyst reports. Telsey Advisory Group cut their price target on Guess? from $21.00 to $18.00 and set a "market perform" rating for the company in a research note on Wednesday, November 27th. UBS Group reduced their price target on shares of Guess? from $18.00 to $16.00 and set a "neutral" rating for the company in a research report on Wednesday, November 27th. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to MarketBeat.com, Guess? has a consensus rating of "Hold" and a consensus target price of $25.00.

Guess? Stock Performance

The company has a market capitalization of $635.79 million, a price-to-earnings ratio of 10.39 and a beta of 1.88. The stock has a fifty day moving average price of $13.64 and a two-hundred day moving average price of $17.34. The company has a quick ratio of 0.74, a current ratio of 1.54 and a debt-to-equity ratio of 1.18.

Guess? (NYSE:GES - Get Free Report) last released 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). Guess? had a return on equity of 23.29% and a net margin of 3.19%. The firm had revenue of $738.52 million during the quarter, compared to analysts' expectations of $747.36 million. During the same period in the previous year, the firm posted $0.49 earnings per share. The firm's revenue was up 13.4% on a year-over-year basis. As a group, analysts forecast that Guess?, Inc. will post 1.92 EPS for the current fiscal year.

Guess? Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, December 27th. Investors of record on Wednesday, December 11th were given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 9.71%. The ex-dividend date of this dividend was Wednesday, December 11th. Guess?'s dividend payout ratio (DPR) is 100.84%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Quarry LP lifted its holdings in shares of Guess? by 216.9% during the 3rd quarter. Quarry LP now owns 3,359 shares of the company's stock valued at $68,000 after acquiring an additional 2,299 shares in the last quarter. EMC Capital Management grew its position in shares of Guess? by 158.0% during the fourth quarter. EMC Capital Management now owns 9,908 shares of the company's stock worth $139,000 after buying an additional 6,068 shares in the last quarter. Sanctuary Advisors LLC acquired a new position in Guess? during the 2nd quarter worth $160,000. Jump Financial LLC acquired a new position in Guess? in the fourth quarter worth about $191,000. Finally, Amundi grew its position in shares of Guess? by 109.6% in the 4th quarter. Amundi now owns 14,291 shares of the company's stock worth $193,000 after acquiring an additional 7,472 shares in the last quarter. Institutional investors and hedge funds own 61.74% of the company's stock.

About Guess?

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.