A new trading day began on Friday, with Guess Inc. (NYSE: GES) stock price down -4.19% from the previous day of trading, before settling in for the closing price of $19.81. GES’s price has ranged from $18.52 to $30.76 over the past 52 weeks.
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Annual sales at Consumer Cyclical sector company grew by 3.56% over the past five years. Meanwhile, its annual earnings per share averaged -20.06%. With a float of $25.78 million, this company’s outstanding shares have now reached $53.01 million.
Let’s look at the performance matrix of the company that is accounted for 12000 employees. In terms of profitability, gross margin is 44.12%, operating margin of 7.76%, and the pretax margin is 7.2%.
Guess Inc. (GES) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Apparel Retail Industry. The insider ownership of Guess Inc. is 49.87%, while institutional ownership is 77.94%. The most recent insider transaction that took place on Apr 05 ’24, was worth 6,421,685. In this transaction CEO and Director of this company sold 211,797 shares at a rate of $30.32, taking the stock ownership to the 1,269,778 shares. Before that another transaction happened on Apr 08 ’24, when Company’s CEO and Director sold 138,203 for $30.53, making the entire transaction worth $4,219,338. This insider now owns 1,131,575 shares in total.
Guess Inc. (GES) Performance Highlights and Predictions
In its latest quarterly report, released on 7/31/2024, the company reported earnings of 0.49 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.98 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -20.06% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 4.40% during the next five years compared to 79.99% growth over the previous five years of trading.
Guess Inc. (NYSE: GES) Trading Performance Indicators
Here are Guess Inc.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.76. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.34. Likewise, its price to free cash flow for the trailing twelve months is 4.36.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.62, a number that is poised to hit 0.37 in the next quarter and is forecasted to reach 2.82 in one year’s time.
Technical Analysis of Guess Inc. (GES)
Guess Inc. (NYSE: GES) saw its 5-day average volume 0.62 million, a negative change from its year-to-date volume of 1.15 million. As of the previous 9 days, the stock’s Stochastic %D was 57.95%. Additionally, its Average True Range was 0.58.
During the past 100 days, Guess Inc.’s (GES) raw stochastic average was set at 7.52%, which indicates a significant decrease from 17.19% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.25% in the past 14 days, which was higher than the 34.10% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $20.08, while its 200-day Moving Average is $23.39. Nevertheless, the first resistance level for the watch stands at $19.63 in the near term. At $20.28, the stock is likely to face the second major resistance level. The third major resistance level sits at $20.65. If the price goes on to break the first support level at $18.61, it is likely to go to the next support level at $18.24. Assuming the price breaks the second support level, the third support level stands at $17.59.
Guess Inc. (NYSE: GES) Key Stats
With a market capitalization of 975.95 million, the company has a total of 53,526K Shares Outstanding. Currently, annual sales are 2,777 M while annual income is 198,200 K. The company’s previous quarter sales were 732,560 K while its latest quarter income was -10,600 K.
