Guess’ (NYSE:GES – Get Rating) posted its earnings results on Tuesday. The company reported $1.74 earnings per share for the quarter, beating analysts’ consensus estimates of $1.30 by $0.44, Briefing.com reports. Guess’ had a return on equity of 27.89% and a net margin of 4.58%. The company had revenue of $817.78 million for the quarter, compared to analyst estimates of $772.00 million. During the same quarter last year, the company earned $1.14 earnings per share. The company’s revenue for the quarter was up 2.2% on a year-over-year basis.
Guess’ Stock Performance
Shares of GES stock traded down $0.10 during trading hours on Thursday, hitting $20.06. 224,370 shares of the company were exchanged, compared to its average volume of 610,034. The company has a current ratio of 1.57, a quick ratio of 0.79 and a debt-to-equity ratio of 2.15. The firm has a fifty day simple moving average of $22.11 and a 200 day simple moving average of $19.40. Guess’ has a 52-week low of $14.27 and a 52-week high of $24.66. The stock has a market capitalization of $1.09 billion, a price-to-earnings ratio of 10.90 and a beta of 1.87.
Guess’ Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 14th. Shareholders of record on Wednesday, March 29th will be given a $0.225 dividend. This represents a $0.90 annualized dividend and a yield of 4.49%. The ex-dividend date is Tuesday, March 28th. Guess”s dividend payout ratio is 48.65%.
Institutional Trading of Guess’
Analyst Upgrades and Downgrades
Several equities analysts have weighed in on GES shares. TheStreet upgraded Guess’ from a “c” rating to a “b” rating in a research note on Tuesday. Telsey Advisory Group restated a “market perform” rating and set a $23.00 price target on shares of Guess’ in a report on Wednesday. Finally, StockNews.com initiated coverage on shares of Guess’ in a research note on Thursday. They issued a “hold” rating for the company.
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.
- Get a free copy of the StockNews.com research report on Guess’ (GES)
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