Does Earnings Surprise History Hold Any Clue for Guess? Stock Forecast, Price & News (NYSE:GES)

Earnings results for Guess? Stock Forecast, Price & News (NYSE:GES)

Guess?, Inc. is estimated to report earnings on 08/26/2020. The upcoming earnings date is derived from an algorithm based on a company’s historical reporting dates. Our vendor, Zacks Investment Research, might revise this date in the future, once the company announces the actual earnings date. According to Zacks Investment Research, based on 4 analysts’ forecasts, the consensus EPS forecast for the quarter is $-0.61. The reported EPS for the same quarter last year was $0.38.

Guess? last released its earnings results on June 10th, 2020. The reported ($1.81) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.88) by $0.93. The business had revenue of $260.25 million for the quarter, compared to analyst estimates of $318.13 million. Guess? has generated $1.45 earnings per share over the last year. Guess? has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Wednesday, August 26th, 2020 based off prior year’s report dates.

Analyst Opinion on Guess? Stock Forecast, Price & News (NYSE:GES)

6 Wall Street analysts have issued ratings and price targets for Guess? in the last 12 months. Their average twelve-month price target is $16.00, predicting that the stock has a possible upside of 34.12%. The high price target for GES is $22.00 and the low price target for GES is $8.00. There are currently 3 hold ratings and 3 buy ratings for the stock, resulting in a consensus rating of “Buy.”

Guess? has received a consensus rating of Buy. The company’s average rating score is 2.50, and is based on 3 buy ratings, 3 hold ratings, and no sell ratings. According to analysts’ consensus price target of $16.00, Guess? has a forecasted upside of 34.1% from its current price of $11.93. Guess? has only been the subject of 2 research reports in the past 90 days.

Dividend Strength: Guess? Stock Forecast, Price & News (NYSE:GES)

Guess? does not currently pay a dividend. Guess? does not have a long track record of dividend growth.

Insiders buying/selling: Guess? Stock Forecast, Price & News (NYSE:GES)

In the past three months, Guess? insiders have bought more of their company’s stock than they have sold. Specifically, they have bought $1,017,000.00 in company stock and sold $0.00 in company stock. 38.50% of the stock of Guess? is held by insiders. A high percentage of insider ownership can be a sign of company health. 67.79% of the stock of Guess? is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Guess? Stock Forecast, Price & News (NYSE:GES

Earnings for Guess? are expected to grow in the coming year, from ($1.31) to $1.20 per share. The P/E ratio of Guess? is -17.29, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Guess? is -17.29, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Guess? has a P/B Ratio of 1.18. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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