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Sunday, December 3, 2023

Analyst Expects Guess Inc. (NYSE: GES) To Make Big Moves

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for Guess Inc. (GES) shows that investor sentiment remained same, with the stock’s consolidated last price to $24.00. The Guess Inc. has recorded 138,320 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed Guess?, Inc. to Webcast Conference Call on Third Quarter Fiscal 2024 Financial Results.

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Stocks Info

As a NYSE listed company, GES falls under the Consumer Cyclical sector while operating within the Apparel Retail industry segment. At the end of the last regular session, the stock closed at $24.00 and fluctuated between $24.26 as its day high and $23.47 as its day low. The current market capitalization of Guess Inc. is $1.29B. A total of 1.72 million shares were traded on the day, compared to an average of 1.03M shares.

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, GES has seen 0 BUY and 2 SELL insider trades, representing the acquisition of 0 and the disposition of 16,769 shares. Over the last 12 months, there were 12 BUYs and 10 SELLs from insiders. Insiders purchased 857,080 shares during that period but sold 225,516.

In the most recent transaction, Weinswig Deborah sold 6,896 shares of GES for 23.03 per share on Sep 08. After the transaction, the Director now owns 19,173 company shares. In a previous transaction on Jun 07, Weinswig Deborah sold 20,000 shares at 20.67 per share. GES shares that Director owns now total 26,069.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Guess Inc. pays an annual dividend of $1.15, resulting in a dividend yield of 4.81%, and it has a price to earnings (P/E) ratio of 11.24. GES’s most recent ex-dividend date was 9/5/2023 when it declared a $0.30 quarterly dividend that was paid in cash on 9/22/2023. Previously, the company paid the dividend on 6/23/2023 with an ex-dividend date of 6/6/2023. The GES stock dividend was $0.30 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for GES in the last 3 months, the mean price target is $27.30 with high estimates of $32.50 and low estimates of $22.00. In terms of 52-week highs and lows, GES has a high of $24.84 and a low of $17.21.

As of this writing, GES has an earnings estimate of $0.62 per share for the current quarter. EPS was calculated based on a consensus of 5 estimates, with a high estimate of $0.64 per share and a lower estimate of $0.59. The company reported an EPS of -$0.07 in the last quarter, which was 75.00% higher than expectations of -$0.28.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for GES is Buy with a score of 4.20.

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