Earnings results for Guess? Stock Forecast, Price & News (NYSE:GES)
Guess?, Inc. is expected* to report earnings on 09/02/2020 before market open. The report will be for the fiscal Quarter ending Jul 2020. 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 quarterly earnings results on June 10th, 2020. The reported ($1.81) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.88) by $0.93. The firm 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 confirmed that its next quarterly earnings report will be published on Wednesday, September 2nd, 2020.
Analyst Opinion on Guess? Stock Forecast, Price & News (NYSE:GES)
5 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 33.22%. The high price target for GES is $22.00 and the low price target for GES is $8.00. There are currently 2 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 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings. According to analysts’ consensus price target of $16.00, Guess? has a forecasted upside of 33.2% from its current price of $12.01. 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. 66.61% 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 -17.41, 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 -17.41, 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 1.19. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.
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