Are Things Looking Up For Guess Inc. (NYSE: GES)?

After Hours

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. Yahoo Finance discussed the stock recently as it posted Guess?, Inc. Board Authorizes New $200 Million Share Repurchase Program.

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Stocks Info

The company is listed on the NYSE and operates within the Apparel Retail industry segment. The current market capitalization of Guess Inc. is $1.67B. A total of 1.98 million shares were traded on the day, compared to an average of 1.06M shares.

In the most recent transaction, MARCIANO MAURICE sold 600,000 shares of GES for 23.55 per share on Dec 21 ’23. After the transaction, the 10% Owner now owns 1,200,000 company shares. In a previous transaction on Dec 21 ’23, MARCIANO PAUL sold 300,000 shares at 23.55 per share. GES shares that Chief Creative Officer owns now total 4,325,109.

Among the insiders who sold shares, MARCIANO PAUL disposed of 150,000 shares on Dec 04 ’23 at a per-share price of $22.52. This resulted in the Chief Creative Officer holding 1,081,700 shares of GES after the transaction. In another insider transaction, MARCIANO PAUL sold 150,000 shares at $22.71 per share on Dec 01 ’23. Company shares held by the Chief Creative Officer now total 1,231,700.

Dividend

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Guess Inc. pays an annual dividend of $0.90, resulting in a dividend yield of 2.89%, and it has a price to earnings (P/E) ratio of 10.24. GES’s most recent ex-dividend date was 4/16/2024 when it declared a $0.30 quarterly dividend that was paid in cash on 5/3/2024. Previously, the company paid the dividend on 12/22/2023 with an ex-dividend date of 12/5/2023. The GES stock dividend was $0.30 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, GES has a high of $33.50 and a low of $17.21.

As of this writing, GES has an earnings estimate of -$0.39 per share for the current quarter. EPS was calculated based on a consensus of 4 estimates, with a high estimate of -$0.37 per share and a lower estimate of -$0.41. The company reported an EPS of $0.49 in the last quarter, which was -19.70% lower than expectations of $0.61.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. GES’s latest balance sheet shows that the firm has $415.56M in Cash & Short Term Investments as of fiscal 2022. There were $1.15B in debt and $817.87M in liabilities at the time. Its Book Value Per Share was $12.92, while its Total Shareholder’s Equity was $663.14M.

Analysts Opinion

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. 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 3.80.

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