Telsey Advisory Group Lowers Guess? (NYSE:GES) Price Target to $18.00

Guess? (NYSE:GESFree Report) had its price objective trimmed by Telsey Advisory Group from $21.00 to $18.00 in a research note issued to investors on Wednesday morning, MarketBeat.com reports. The brokerage currently has a market perform rating on the stock. Telsey Advisory Group also issued estimates for Guess?’s Q2 2026 earnings at $0.42 EPS.

Separately, UBS Group dropped their price target on Guess? from $24.00 to $22.00 and set a “neutral” rating for the company in a research report on Friday, August 30th. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $25.00.

Read Our Latest Stock Analysis on Guess?

Guess? Price Performance

Shares of NYSE GES opened at $16.46 on Wednesday. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.76 and a current ratio of 1.54. The firm has a fifty day moving average of $18.14 and a 200 day moving average of $20.59. The firm has a market cap of $846.37 million, a PE ratio of 13.83 and a beta of 1.94. Guess? has a one year low of $15.24 and a one year high of $33.50.

Guess? (NYSE:GESGet Free Report) last posted its quarterly earnings data on Tuesday, November 26th. The company reported $0.34 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.37 by ($0.03). Guess? had a return on equity of 23.68% and a net margin of 3.19%. The firm had revenue of $738.52 million during the quarter, compared to analyst estimates of $747.36 million. During the same quarter in the previous year, the firm posted $0.49 earnings per share. The company’s quarterly revenue was up 13.4% on a year-over-year basis. As a group, research analysts predict that Guess? will post 1.93 EPS for the current fiscal year.

Guess? Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, December 27th. Stockholders of record on Wednesday, December 11th will be issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 7.29%. The ex-dividend date of this dividend is Wednesday, December 11th. Guess?’s dividend payout ratio is currently 100.84%.

Institutional Trading of Guess?

Large investors have recently added to or reduced their stakes in the stock. SummerHaven Investment Management LLC boosted its position in shares of Guess? by 1.7% during the 2nd quarter. SummerHaven Investment Management LLC now owns 38,433 shares of the company’s stock valued at $784,000 after acquiring an additional 642 shares during the last quarter. Quest Partners LLC grew its stake in shares of Guess? by 186.2% in the 2nd quarter. Quest Partners LLC now owns 1,305 shares of the company’s stock valued at $27,000 after buying an additional 849 shares during the period. Price T Rowe Associates Inc. MD increased its holdings in shares of Guess? by 4.8% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 23,315 shares of the company’s stock worth $734,000 after buying an additional 1,076 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of Guess? by 11.5% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 16,627 shares of the company’s stock worth $334,000 after buying an additional 1,720 shares during the last quarter. Finally, 1620 Investment Advisors Inc. raised its position in shares of Guess? by 8.9% during the 2nd quarter. 1620 Investment Advisors Inc. now owns 21,510 shares of the company’s stock valued at $439,000 after buying an additional 1,753 shares during the period. 61.74% of the stock is currently owned by hedge funds and other institutional investors.

About Guess?

(Get Free Report)

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.

Read More

Receive News & Ratings for Guess? Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Guess? and related companies with MarketBeat.com's FREE daily email newsletter.