Telsey Advisory Group Issues Pessimistic Forecast for Guess? (NYSE:GES) Stock Price

Guess? (NYSE:GES) had its price objective cut by research analysts at Telsey Advisory Group from $21.00 to $18.00 in a research report issued to clients and investors on Wednesday, MarketBeat.com reports. The brokerage presently has a “market perform” rating on the stock. Telsey Advisory Group’s target price points to a potential upside of 9.82% from the stock’s current price. Telsey Advisory Group also issued estimates for Guess?’s Q2 2026 earnings at $0.42 EPS.

Separately, UBS Group cut their price target on shares of Guess? from $24.00 to $22.00 and set a “neutral” rating on the stock in a report on Friday, August 30th. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $25.00.

Guess? Stock Down 5.4 %

GES stock opened at $16.39 on Wednesday. The business has a 50 day moving average of $18.19 and a 200 day moving average of $20.71. The firm has a market cap of $842.81 million, a PE ratio of 6.61 and a beta of 1.94. Guess? has a twelve month low of $15.24 and a twelve month high of $33.50. The company has a quick ratio of 0.76, a current ratio of 1.47 and a debt-to-equity ratio of 1.01.

Guess? (NYSE:GES) last issued its quarterly earnings results on Tuesday, November 26th. The company reported $0.34 earnings per share for the quarter, missing the consensus estimate of $0.37 by ($0.03). The company had revenue of $738.52 million for the quarter, compared to the consensus estimate of $747.36 million. Guess? had a net margin of 6.05% and a return on equity of 24.18%. Guess?’s 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, research analysts forecast that Guess? will post 2.63 EPS for the current fiscal year.

Institutional Trading of Guess?

A number of large investors have recently made changes to their positions in GES. Pacer Advisors Inc. bought a new position in Guess? during the second quarter valued at approximately $82,286,000. Vanguard Group Inc. lifted its holdings in shares of Guess? by 15.7% during the 1st quarter. Vanguard Group Inc. now owns 3,879,570 shares of the company’s stock valued at $122,090,000 after buying an additional 525,064 shares during the period. Hennessy Advisors Inc. boosted its stake in shares of Guess? by 41.6% in the 2nd quarter. Hennessy Advisors Inc. now owns 1,615,800 shares of the company’s stock worth $32,962,000 after buying an additional 474,700 shares during the last quarter. LSV Asset Management boosted its stake in shares of Guess? by 0.6% in the 2nd quarter. LSV Asset Management now owns 1,454,320 shares of the company’s stock worth $29,668,000 after buying an additional 9,100 shares during the last quarter. Finally, Millennium Management LLC grew its holdings in shares of Guess? by 2,180.2% in the second quarter. Millennium Management LLC now owns 1,370,131 shares of the company’s stock worth $27,951,000 after acquiring an additional 1,310,042 shares during the period. 61.74% of the stock is currently owned by institutional investors.

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.