Guess’ (NYSE:GES – Get Rating) issued its quarterly earnings data on Tuesday. The company reported $1.74 EPS for the quarter, topping the consensus estimate of $1.30 by $0.44, Briefing.com reports. Guess’ had a net margin of 4.58% and a return on equity of 27.89%. The firm had revenue of $817.78 million for the quarter, compared to analyst estimates of $772.00 million. During the same period in the prior year, the business posted $1.14 EPS. The business’s revenue for the quarter was up 2.2% compared to the same quarter last year.
Guess’ Trading Down 5.2 %
Shares of Guess’ stock opened at $20.16 on Thursday. Guess’ has a 1 year low of $14.27 and a 1 year high of $24.66. The company has a debt-to-equity ratio of 2.15, a quick ratio of 0.79 and a current ratio of 1.57. The company has a market capitalization of $1.10 billion, a P/E ratio of 10.90 and a beta of 1.87. The company’s fifty day moving average is $22.11 and its two-hundred day moving average is $19.40.
Guess’ Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 14th. Shareholders of record on Wednesday, March 29th will be given a dividend of $0.225 per share. This represents a $0.90 annualized dividend and a yield of 4.46%. The ex-dividend date of this dividend is Tuesday, March 28th. Guess”s payout ratio is currently 48.65%.
Institutional Inflows and Outflows
Analyst Upgrades and Downgrades
A number of equities research analysts have issued reports on the stock. StockNews.com assumed coverage on shares of Guess’ in a report on Thursday. They set a “hold” rating on the stock. Telsey Advisory Group reiterated a “market perform” rating and set a $23.00 target price on shares of Guess’ in a report on Wednesday. Finally, TheStreet upgraded shares of Guess’ from a “c” rating to a “b” rating in a report on Tuesday.
Guess?, Inc engages in designing, marketing, distributing and licensing of contemporary apparel and accessories for men, women and children that reflect the American lifestyle and European fashion sensibilities. It operates through the following segments: Americas Retail, Americas Wholesale, Europe, Asia, and Licensing.
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