Shares of Guess?, Inc. (NYSE:GES) have been assigned a consensus recommendation of “Hold” from the eleven research firms that are covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $14.74.
A number of research firms have weighed in on GES. Zacks Investment Research downgraded Guess? from a “hold” rating to a “sell” rating in a report on Tuesday, January 23rd. Cowen reiterated a “hold” rating and set a $17.00 target price on shares of Guess? in a report on Wednesday, November 22nd. Finally, B. Riley began coverage on Guess? in a report on Friday, December 22nd. They set a “neutral” rating and a $17.00 target price on the stock.
Guess? (GES) traded up $0.07 on Wednesday, reaching $15.54. The company’s stock had a trading volume of 727,878 shares, compared to its average volume of 1,651,391. The company has a market cap of $1,272.78, a price-to-earnings ratio of 32.23, a price-to-earnings-growth ratio of 1.04 and a beta of 0.42. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.58 and a quick ratio of 1.36. Guess? has a fifty-two week low of $9.56 and a fifty-two week high of $19.62.
In related news, Director Kay Isaacson-Leibowitz sold 4,000 shares of the company’s stock in a transaction that occurred on Wednesday, December 20th. The stock was sold at an average price of $17.73, for a total value of $70,920.00. Following the sale, the director now owns 38,433 shares in the company, valued at approximately $681,417.09. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 29.60% of the company’s stock.
Several institutional investors have recently bought and sold shares of the stock. MetLife Investment Advisors LLC purchased a new stake in shares of Guess? in the 4th quarter worth approximately $515,000. Castleark Management LLC grew its stake in shares of Guess? by 14.2% in the 4th quarter. Castleark Management LLC now owns 815,875 shares of the company’s stock worth $13,772,000 after buying an additional 101,195 shares during the last quarter. Macquarie Group Ltd. grew its stake in shares of Guess? by 114.4% in the 4th quarter. Macquarie Group Ltd. now owns 222,539 shares of the company’s stock worth $3,756,000 after buying an additional 118,739 shares during the last quarter. Jane Street Group LLC grew its stake in shares of Guess? by 96.6% in the 4th quarter. Jane Street Group LLC now owns 25,168 shares of the company’s stock worth $425,000 after buying an additional 12,368 shares during the last quarter. Finally, Millennium Management LLC purchased a new stake in shares of Guess? in the 4th quarter worth approximately $1,124,000. Institutional investors own 83.59% of the company’s stock.
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Guess?, Inc designs, markets, distributes and licenses a lifestyle collections of apparel and accessories for men, women and children. The Company operates through five segments: Americas Retail, Europe, Asia, Americas Wholesale and Licensing. The Americas Retail segment includes the Company’s retail and e-commerce operations in North and Central America and its retail operations in South America.
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