Guess? (GES) to Release Quarterly Earnings on Wednesday

Guess? (NYSE:GES) is anticipated to release its earnings data before the market opens on Wednesday, March 19th. Analysts expect Guess? to post earnings of $1.44 per share and revenue of $919.92 million for the quarter.

Guess? Trading Up 4.7 %

Shares of GES opened at $9.71 on Monday. Guess? has a 1-year low of $9.24 and a 1-year high of $33.50. The company has a 50-day moving average of $12.11 and a 200 day moving average of $15.63. The firm has a market capitalization of $499.44 million, a price-to-earnings ratio of 8.16 and a beta of 1.87. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.54 and a quick ratio of 0.74.

Analyst Ratings Changes

A number of brokerages recently weighed in on GES. Telsey Advisory Group decreased their price objective on shares of Guess? from $21.00 to $18.00 and set a “market perform” rating for the company in a report on Wednesday, November 27th. UBS Group reduced their price target on shares of Guess? from $15.00 to $12.00 and set a “neutral” rating for the company in a report on Tuesday, March 11th. Four investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $24.00.

About Guess?

Guess?, Inc designs, markets, distributes, and licenses lifestyle collections of apparel and accessories for men, women, and children. It operates through five segments: Americas Retail, Americas Wholesale, Europe, Asia, and Licensing. The company’s clothing collection includes jeans, pants, skirts, dresses, shorts, blouses, shirts, jackets, activewear, knitwear, and intimate apparel.