Brokerages Set Guess?, Inc. (NYSE:GES) Price Target at $31.25

Guess?, Inc. (NYSE:GES - Get Free Report) has received an average rating of "Hold" from the four research firms that are presently covering the firm, MarketBeat Ratings reports. Three analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average 12-month price target among analysts that have covered the stock in the last year is $30.25.

A number of equities research analysts recently weighed in on the stock. Telsey Advisory Group restated a "market perform" rating and issued a $26.00 target price on shares of Guess? in a report on Tuesday. UBS Group lowered their target price on shares of Guess? from $32.00 to $29.00 and set a "neutral" rating on the stock in a report on Thursday, May 23rd. Finally, StockNews.com lowered shares of Guess? from a "buy" rating to a "hold" rating in a report on Monday, June 3rd.

Guess? Stock Down 2.2 %

Shares of NYSE GES traded down $0.47 during trading on Tuesday, hitting $20.96. 859,961 shares of the company traded hands, compared to its average volume of 1,231,998. The company has a debt-to-equity ratio of 0.92, a quick ratio of 0.85 and a current ratio of 1.57. Guess? has a fifty-two week low of $17.92 and a fifty-two week high of $33.50. The firm has a market capitalization of $1.12 billion, a price-to-earnings ratio of 6.39 and a beta of 1.91. The business's fifty day moving average is $21.92 and its 200 day moving average is $24.61.

Guess? (NYSE:GES - Get Free Report) last posted its earnings results on Thursday, May 30th. The company reported ($0.27) earnings per share for the quarter, topping analysts' consensus estimates of ($0.40) by $0.13. Guess? had a net margin of 7.97% and a return on equity of 26.92%. The company had revenue of $591.90 million for the quarter, compared to analyst estimates of $574.64 million. During the same quarter in the prior year, the business posted ($0.07) EPS. The firm's revenue was up 3.9% compared to the same quarter last year. Equities research analysts predict that Guess? will post 2.88 earnings per share for the current fiscal year.

Guess? Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Wednesday, June 12th were given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 5.73%. The ex-dividend date was Wednesday, June 12th. Guess?'s dividend payout ratio is currently 35.82%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Quest Partners LLC grew its position in shares of Guess? by 186.2% during the 2nd quarter. Quest Partners LLC now owns 1,305 shares of the company's stock valued at $27,000 after acquiring an additional 849 shares during the period. Headlands Technologies LLC bought a new position in Guess? in the 1st quarter worth approximately $60,000. Nisa Investment Advisors LLC boosted its holdings in Guess? by 405.6% in the 4th quarter. Nisa Investment Advisors LLC now owns 2,867 shares of the company's stock worth $66,000 after buying an additional 2,300 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in Guess? by 19.3% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,838 shares of the company's stock worth $135,000 after buying an additional 944 shares during the period. Finally, Janney Montgomery Scott LLC bought a new position in Guess? in the 1st quarter worth approximately $208,000. 61.74% of the stock is owned by institutional investors.

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.