Guess’ (NYSE:GES) Releases Earnings Results

Guess’ (NYSE:GES – Get Rating) announced its quarterly earnings data on Tuesday. The company reported $1.74 EPS for the quarter, beating analysts’ consensus estimates of $1.30 by $0.44, Briefing.com reports. Guess’ had a net margin of 4.58% and a return on equity of 27.89%. The company had revenue of $817.78 million for the quarter, compared to the consensus estimate of $772.00 million. During the same period in the prior year, the firm posted $1.14 EPS. The company’s quarterly revenue was up 2.2% compared to the same quarter last year.

Guess’ Stock Performance

NYSE:GES traded down $0.24 during trading hours on Thursday, reaching $19.92. 165,010 shares of the company’s stock were exchanged, compared to its average volume of 609,225. The firm has a market capitalization of $1.08 billion, a price-to-earnings ratio of 10.90 and a beta of 1.87. The company has a 50-day moving average of $22.11 and a 200 day moving average of $19.40. The company has a quick ratio of 0.79, a current ratio of 1.57 and a debt-to-equity ratio of 2.15. Guess’ has a 1-year low of $14.27 and a 1-year high of $24.66.

Guess’ Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 14th. Investors of record on Wednesday, March 29th will be paid a dividend of $0.225 per share. This represents a $0.90 dividend on an annualized basis and a yield of 4.52%. The ex-dividend date is Tuesday, March 28th. Guess”s dividend payout ratio is currently 48.65%.

Wall Street Analyst Weigh In

GES has been the topic of a number of recent analyst reports. TheStreet raised shares of Guess’ from a “c” rating to a “b” rating in a research report on Tuesday. Telsey Advisory Group reaffirmed a “market perform” rating and issued a $23.00 target price on shares of Guess’ in a research report on Wednesday. Finally, StockNews.com initiated coverage on shares of Guess’ in a research report on Thursday. They issued a “hold” rating on the stock.

Institutional Trading of Guess’

A number of large investors have recently bought and sold shares of the business. Vanguard Group Inc. boosted its stake in Guess’ by 4.2% during the 1st quarter. Vanguard Group Inc. now owns 4,555,857 shares of the company’s stock worth $99,546,000 after purchasing an additional 184,983 shares during the period. Dimensional Fund Advisors LP lifted its stake in shares of Guess’ by 1.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 3,970,545 shares of the company’s stock worth $86,760,000 after acquiring an additional 50,371 shares during the period. Arrowstreet Capital Limited Partnership lifted its stake in shares of Guess’ by 158.6% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,170,608 shares of the company’s stock worth $24,220,000 after acquiring an additional 717,977 shares during the period. Charles Schwab Investment Management Inc. lifted its stake in shares of Guess’ by 3.5% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 589,343 shares of the company’s stock worth $12,878,000 after acquiring an additional 19,787 shares during the period. Finally, Two Sigma Investments LP lifted its stake in shares of Guess’ by 56.6% in the 4th quarter. Two Sigma Investments LP now owns 485,937 shares of the company’s stock worth $10,054,000 after acquiring an additional 175,627 shares during the period. Institutional investors and hedge funds own 58.81% of the company’s stock.

Guess’ Company Profile

(Get Rating)

Guess?, Inc engages in designing, marketing, distributing and licensing of contemporary apparel and accessories for men, women and children that reflect the American lifestyle and European fashion sensibilities. It operates through the following segments: Americas Retail, Americas Wholesale, Europe, Asia, and Licensing.