Guess? (NYSE:GES) Hits New 1-Year Low – Should You Sell?

Guess?, Inc. (NYSE:GES) reached a new 52-week low during trading on Monday . The company traded as low as $12.38 and last traded at $12.39, with a volume of 7337 shares. The stock had previously closed at $12.91.

Analysts Set New Price Targets

A number of research firms have recently commented on GES. 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. UBS Group lowered their price target on Guess? from $18.00 to $16.00 and set a “neutral” rating on the stock in a report on Wednesday, November 27th. Four research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $25.00.

Guess? Stock Performance

The business has a fifty day simple moving average of $14.48 and a two-hundred day simple moving average of $17.95. The company has a quick ratio of 0.74, a current ratio of 1.54 and a debt-to-equity ratio of 1.18. The company has a market cap of $632.19 million, a P/E ratio of 10.32 and a beta of 1.88.

Guess? (NYSE:GES) last posted its earnings results on Tuesday, November 26th. The company reported $0.34 earnings per share for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.03). Guess? had a net margin of 3.19% and a return on equity of 23.29%. The firm had revenue of $738.52 million during the quarter, compared to the consensus estimate 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% compared to the same quarter last year. On average, sell-side analysts anticipate that Guess?, Inc. will post 1.92 EPS for the current year.

Guess? Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 27th. Shareholders of record on Wednesday, December 11th were issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 9.77%. The ex-dividend date of this dividend was Wednesday, December 11th. Guess?’s dividend payout ratio is 100.84%.

Institutional Trading of Guess?

A number of hedge funds and other institutional investors have recently bought and sold shares of GES. Foundry Partners LLC raised its stake in Guess? by 41.7% during the 3rd quarter. Foundry Partners LLC now owns 266,779 shares of the company’s stock valued at $5,370,000 after purchasing an additional 78,451 shares during the period. Charles Schwab Investment Management Inc. raised its stake in Guess? by 4.7% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,215,395 shares of the company’s stock valued at $24,466,000 after purchasing an additional 54,990 shares during the period. Empowered Funds LLC raised its stake in Guess? by 52.9% during the 3rd quarter. Empowered Funds LLC now owns 251,166 shares of the company’s stock valued at $5,056,000 after purchasing an additional 86,940 shares during the period. Dynamic Technology Lab Private Ltd raised its stake in Guess? by 139.7% during the 3rd quarter. Dynamic Technology Lab Private Ltd now owns 62,265 shares of the company’s stock valued at $1,253,000 after purchasing an additional 36,287 shares during the period. Finally, Sanctuary Advisors LLC raised its stake in Guess? by 8,708.5% during the 3rd quarter. Sanctuary Advisors LLC now owns 691,030 shares of the company’s stock valued at $13,910,000 after purchasing an additional 683,185 shares during the period. Hedge funds and other institutional investors own 61.74% of the company’s stock.

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.