Brokers Issue Forecasts for Guess?’s Q2 Earnings (NYSE:GES)

Guess?, Inc. (NYSE:GESFree Report) – Investment analysts at Telsey Advisory Group dropped their Q2 2026 EPS estimates for shares of Guess? in a research note issued to investors on Wednesday, November 27th. Telsey Advisory Group analyst D. Telsey now expects that the company will earn $0.42 per share for the quarter, down from their previous estimate of $0.44. Telsey Advisory Group has a “Market Perform” rating and a $18.00 price target on the stock. The consensus estimate for Guess?’s current full-year earnings is $2.63 per share.

Separately, UBS Group cut their price objective on shares of Guess? from $18.00 to $16.00 and set a “neutral” rating for the company in a report on Wednesday. Four analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $25.00.

View Our Latest Stock Report on Guess?

Guess? Trading Down 5.4 %

Guess? stock opened at $16.39 on Thursday. The firm has a 50 day moving average of $18.26 and a 200 day moving average of $20.74. The firm has a market capitalization of $842.81 million, a price-to-earnings ratio of 6.61 and a beta of 1.94. Guess? has a 12-month low of $15.24 and a 12-month high of $33.50. The company has a current ratio of 1.47, a quick ratio of 0.76 and a debt-to-equity ratio of 1.01.

Guess? (NYSE:GESGet Free Report) last released its earnings results 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). The firm had revenue of $738.52 million during the quarter, compared to analysts’ expectations of $747.36 million. Guess? had a return on equity of 24.18% and a net margin of 6.05%. The company’s revenue was up 13.4% compared to the same quarter last year. During the same period in the prior year, the company posted $0.49 earnings per share.

Institutional Investors Weigh In On Guess?

A number of institutional investors have recently added to or reduced their stakes in GES. Vanguard Group Inc. grew its holdings in 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 in the last quarter. Quadrature Capital Ltd bought a new position in shares of Guess? during the 1st quarter valued at approximately $352,000. Price T Rowe Associates Inc. MD boosted its position in shares of Guess? by 4.8% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 23,315 shares of the company’s stock valued at $734,000 after acquiring an additional 1,076 shares during the last quarter. Comerica Bank boosted its position in shares of Guess? by 73.8% during the 1st quarter. Comerica Bank now owns 21,886 shares of the company’s stock valued at $689,000 after acquiring an additional 9,294 shares during the last quarter. Finally, Virtu Financial LLC bought a new position in shares of Guess? during the 1st quarter valued at approximately $717,000. 61.74% of the stock is owned by hedge funds and other institutional investors.

Guess? Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 27th. Shareholders of record on Wednesday, December 11th will be issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 7.32%. The ex-dividend date is Wednesday, December 11th. Guess?’s dividend payout ratio (DPR) is currently 48.39%.

About Guess?

(Get Free Report)

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.

See Also

Earnings History and Estimates for Guess? (NYSE:GES)

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