Equities analysts expect Guess?, Inc. (NYSE:GES) to post $539.45 million in sales for the current fiscal quarter, according to Zacks Investment Research. Two analysts have made estimates for Guess?’s earnings, with the lowest sales estimate coming in at $538.89 million and the highest estimate coming in at $540.00 million. Guess? posted sales of $521.29 million during the same quarter last year, which suggests a positive year over year growth rate of 3.5%. The firm is scheduled to announce its next earnings report on Wednesday, May 29th.

On average, analysts expect that Guess? will report full year sales of $2.74 billion for the current year. For the next fiscal year, analysts forecast that the firm will report sales of $2.93 billion, with estimates ranging from $2.93 billion to $2.94 billion. Zacks Investment Research’s sales calculations are a mean average based on a survey of analysts that follow Guess?.

Guess? (NYSE:GES) last issued its quarterly earnings results on Wednesday, March 20th. The company reported $0.70 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.75 by ($0.05). The company had revenue of $837.00 million during the quarter, compared to analysts’ expectations of $831.15 million. Guess? had a return on equity of 9.39% and a net margin of 0.54%. Guess?’s quarterly revenue was up 5.7% compared to the same quarter last year. During the same period last year, the firm posted $0.62 earnings per share.

A number of analysts have weighed in on GES shares. Jefferies Financial Group set a $24.00 price objective on Guess? and gave the stock a “buy” rating in a research report on Thursday, March 21st. ValuEngine upgraded Guess? from a “hold” rating to a “buy” rating in a report on Friday, February 8th. Finally, Zacks Investment Research cut Guess? from a “hold” rating to a “sell” rating in a report on Tuesday, January 29th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $24.67.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Norges Bank bought a new position in Guess? in the 4th quarter worth approximately $22,055,000. Marshall Wace LLP purchased a new stake in shares of Guess? during the third quarter worth about $6,852,000. Bessemer Group Inc. increased its position in shares of Guess? by 41.8% during the fourth quarter. Bessemer Group Inc. now owns 764,463 shares of the company’s stock worth $15,878,000 after acquiring an additional 225,201 shares during the last quarter. BlackRock Inc. increased its position in shares of Guess? by 2.5% during the fourth quarter. BlackRock Inc. now owns 8,317,868 shares of the company’s stock worth $172,762,000 after acquiring an additional 201,200 shares during the last quarter. Finally, Putnam Investments LLC purchased a new stake in shares of Guess? during the third quarter worth about $2,460,000. 70.62% of the stock is currently owned by institutional investors and hedge funds.

Guess? stock traded down $0.68 during mid-day trading on Friday, reaching $17.49. 77,738 shares of the company were exchanged, compared to its average volume of 1,833,291. Guess? has a twelve month low of $17.99 and a twelve month high of $26.95. The company has a current ratio of 2.00, a quick ratio of 1.14 and a debt-to-equity ratio of 0.04. The stock has a market capitalization of $1.49 billion, a price-to-earnings ratio of 18.13, a PEG ratio of 0.88 and a beta of 0.21.

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 18th. Stockholders of record on Wednesday, April 3rd will be paid a dividend of $0.225 per share. The ex-dividend date is Tuesday, April 2nd. This represents a $0.90 annualized dividend and a dividend yield of 5.15%. Guess?’s dividend payout ratio (DPR) is currently 91.84%.

Guess? Company Profile

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, knitwear, and intimate apparel.

Further Reading: Growth and Income Funds

Get a free copy of the Zacks research report on Guess? (GES)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for Guess? (NYSE:GES)

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.