As of right now, Guess’ Inc. [GES] is trading at $18.80, up 8.23%. An important factor to consider is whether the stock is rising or falling in short-term value. The GES shares have gain 1.08% over the last week, with a monthly amount drifted -1.42%, and not seem to be holding up well over a long-time horizon.
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On 24, May 2023, Guess?, Inc. Reports Fiscal Year 2024 First Quarter Results. In a post published today on Yahoo Finance, First Quarter Fiscal 2024 Results:Revenues Decreased 4% in U.S. Dollars to $570 Million and Decreased 2% in Constant CurrencyDelivered Operating Margin of (0.2%); Adjusted Operating Margin of 0.3%GAAP Loss per Share of $0.22 and Adjusted Loss per Share of $0.07.
From an analyst’s perspective:
Through the last year, Guess’ Inc.’s stock price ranged from $14.27 to $24.15. Currently, Wall Street analysts expect the stock to reach $24.00 within the next 12 months. Guess’ Inc. [NYSE: GES] shares were valued at $18.80 at the most recent close of the market. An investor can expect a potential return of 27.66% based on the average GES price forecast.
Analyzing the GES fundamentals
For Guess’ Inc., (GES), the latest quarter sales were 817.78 billion, which represents an 2.20% increase. Gross Margin for this corporation currently stands at +42.14% with Operating Margin at +9.13%, Pretax Margin comes in at +7.37%, and Net Margin reading is +5.51%. To continue investigating profitability, this company’s Return on Assets is posted at 5.95, Equity is 25.62, Total Capital is 13.90, and Invested Capital is 9.99. Taking a look at the Principal structure of this organization reveals enduring liabilities to the total capital at 67.97 and enduring liabilities to the whole assets at 46.74.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 18.00 points at the first support level, and at 17.20 for the second support level. However, for the 1st resistance point, the stock is sitting at 19.62, and for the 2nd resistance point, it is at 20.45.
Guess’ Inc. [GES] reported earnings per share of $1.74 for its fiscal quarter that ended on 1/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $1.3/share, meaning a difference of $0.44 and a surprise factor of 33.80%. By comparison, the stated earnings for the previous quarter ended on 10/30/2022 were $0.44 per share as compared to estimates of $0.55 per share, a difference of -$0.11 representing a surprise of -20.00%.
Ratios To Look Out For
It is important to note that Guess’ Inc. [NYSE:GES] has a current ratio of 1.60. On the other hand, the Quick Ratio is 0.92, and the Cash Ratio is 0.36. Considering the valuation of this stock, the price to sales ratio is 0.59, the price to book ratio is 2.33 and the P/E (TTM) ratio is 8.37.
Transactions by insiders
The next item on our agenda is insider trading, which has seen 4 insider purchases totaling 720,281 shares and 2 insider sales totaling 77,972 shares over the past 3 months. Recent insider trading involved CHIDONI ANTHONY, Director, that happened on Sep 19 when 10000.0 shares were sold.