Guess? (NYSE:GES) Sets New 52-Week Low – Should You Sell?

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

Analyst Ratings Changes

Several analysts have recently issued reports on GES shares. UBS Group decreased their price objective on Guess? from $18.00 to $16.00 and set a “neutral” rating on the stock in a report on Wednesday, November 27th. Telsey Advisory Group cut their target price on Guess? from $21.00 to $18.00 and set a “market perform” rating on the stock in a research note on Wednesday, November 27th. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $25.00.

Guess? Trading Down 0.9 %

The company has a current ratio of 1.54, a quick ratio of 0.74 and a debt-to-equity ratio of 1.18. The firm has a market cap of $617.78 million, a price-to-earnings ratio of 10.09 and a beta of 1.88. The company has a fifty day moving average price of $13.92 and a 200-day moving average price of $17.49.

Guess? (NYSE:GES) last announced its quarterly earnings data on Tuesday, November 26th. The company reported $0.34 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.37 by ($0.03). Guess? had a net margin of 3.19% and a return on equity of 23.29%. The business had revenue of $738.52 million for the quarter, compared to analysts’ expectations of $747.36 million. During the same period in the prior year, the company posted $0.49 EPS. The firm’s revenue was up 13.4% on a year-over-year basis. As a group, research analysts expect that Guess?, Inc. will post 1.92 EPS for the current year.

Guess? Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, December 27th. Investors of record on Wednesday, December 11th were given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 10.00%. The ex-dividend date was Wednesday, December 11th. Guess?’s dividend payout ratio (DPR) is 100.84%.

Institutional Investors Weigh In On Guess?

A number of institutional investors have recently added to or reduced their stakes in the business. Foundry Partners LLC lifted its position in shares of Guess? by 41.7% in the third quarter. Foundry Partners LLC now owns 266,779 shares of the company’s stock valued at $5,370,000 after acquiring an additional 78,451 shares in the last quarter. KBC Group NV acquired a new position in shares of Guess? in the fourth quarter valued at approximately $2,349,000. Charles Schwab Investment Management Inc. boosted its position in Guess? by 4.7% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,215,395 shares of the company’s stock worth $24,466,000 after acquiring an additional 54,990 shares during the last quarter. Empowered Funds LLC grew its stake in Guess? by 52.9% in the 3rd quarter. Empowered Funds LLC now owns 251,166 shares of the company’s stock worth $5,056,000 after acquiring an additional 86,940 shares during the period. Finally, Dynamic Technology Lab Private Ltd raised its holdings in Guess? by 139.7% in the 3rd quarter. Dynamic Technology Lab Private Ltd now owns 62,265 shares of the company’s stock valued at $1,253,000 after acquiring an additional 36,287 shares during the last quarter. Hedge funds and other institutional investors own 61.74% of the company’s stock.

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.