Telsey Advisory analyst Dana Telsey maintained a Hold rating on Guess?, Inc. (GES – Research Report) today and set a price target of $23.00. The company’s shares closed yesterday at $25.37.
Telsey covers the Consumer Cyclical sector, focusing on stocks such as American Eagle, Wolverine World Wide, and Birkenstock Holding plc. According to TipRanks, Telsey has an average return of 2.4% and a 43.48% success rate on recommended stocks.
Currently, the analyst consensus on Guess?, Inc. is a Hold with an average price target of $26.50, implying a 4.45% upside from current levels. In a report released on March 12, UBS also maintained a Hold rating on the stock with a $26.00 price target.
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GES market cap is currently $1.36B and has a P/E ratio of 9.79.
Based on the recent corporate insider activity of 27 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of GES in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Guess?, Inc. (GES) Company Description:
Guess?, Inc. engages in designing, marketing, distributing and licensing of contemporary apparel and accessories for men, women and children that reflect the American lifestyle and European fashion sensibilities. It operates through the following segments: Americas Retail, Americas Wholesale, Europe, Asia, and Licensing. The Americas Retail segment includes the Company’s retail and e-Commerce operations in North and Central America and its retail operations in South America. The Americas Wholesale segment consists of the Company’s wholesale operations in the Americas. The Europe segment comprises the Company’s retail, e-commerce and wholesale operations in Europe and the Middle East. The Asia segment refers to the Company’s retail, e-commerce and wholesale operations in Asia and the Pacific. The Licensing segment includes the worldwide licensing operations of the Company. The company was founded by Paul Marciano and Maurice Marciano in 1981 and is headquartered in Los Angeles, CA.
Read More on GES:
- Guess options imply 3.6% move in share price post-earnings
- Guess price target raised to $33 from $31 at B. Riley
- Guess deal for rag & bone part of take-private effort, Puck says
- Guess and WHP Global to acquire rag & bone, Guess to contribute $56.5M
- Guess?, Inc. Partners with WHP to Acquire Rag & Bone
