Guess? (NYSE:GES) Issues FY25 Earnings Guidance

Guess? (NYSE:GES) updated its FY25 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of $2.56-3.00 for the period, compared to the consensus estimate of $2.97. The company issued revenue guidance of $3.096-3.151 billion, compared to the consensus revenue estimate of $2.84 billion. Guess? also updated its FY 2025 guidance to 2.560-3.000 EPS.

Guess? Stock Performance

Shares of GES stock opened at $30.58 on Friday. The firm has a market capitalization of $1.64 billion, a PE ratio of 10.54 and a beta of 1.96. The company has a 50 day moving average price of $24.39 and a 200-day moving average price of $23.10. Guess? has a 52 week low of $17.21 and a 52 week high of $32.22. The company has a quick ratio of 0.80, a current ratio of 1.55 and a debt-to-equity ratio of 0.53.

Guess? (NYSE:GES) last announced its earnings results on Wednesday, March 20th. The company reported $2.01 earnings per share for the quarter, beating analysts’ consensus estimates of $1.55 by $0.46. The business had revenue of $891.05 million during the quarter, compared to analyst estimates of $855.54 million. Guess? had a net margin of 7.14% and a return on equity of 30.68%. The company’s quarterly revenue was up 9.0% compared to the same quarter last year. During the same period in the previous year, the business earned $1.74 EPS. As a group, equities research analysts expect that Guess? will post 2.82 earnings per share for the current year.

Guess? Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 3rd. Stockholders of record on Wednesday, April 17th will be given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 3.92%. The ex-dividend date of this dividend is Tuesday, April 16th. Guess?’s payout ratio is currently 41.38%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on GES shares. Telsey Advisory Group boosted their price objective on shares of Guess? from $23.00 to $30.00 and gave the company a market perform rating in a research report on Thursday. Jefferies Financial Group boosted their price target on Guess? from $24.00 to $29.00 and gave the company a hold rating in a report on Thursday. B. Riley reaffirmed a buy rating and set a $33.00 price objective (up from $31.00) on shares of Guess? in a research report on Wednesday, February 21st. Finally, StockNews.com raised shares of Guess? from a hold rating to a buy rating in a report on Friday. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of Moderate Buy and an average price target of $28.50.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Guggenheim Capital LLC bought a new stake in shares of Guess? in the first quarter worth about $201,000. ExodusPoint Capital Management LP purchased a new stake in Guess? during the second quarter valued at $199,000. Tower Research Capital LLC TRC raised its position in shares of Guess? by 236.3% during the 2nd quarter. Tower Research Capital LLC TRC now owns 9,441 shares of the company’s stock valued at $184,000 after buying an additional 6,634 shares in the last quarter. Teachers Retirement System of The State of Kentucky purchased a new position in Guess? in the third quarter worth about $164,000. Finally, Quantbot Technologies LP increased its stake in Guess? by 288.8% during the first quarter. Quantbot Technologies LP now owns 6,396 shares of the company’s stock worth $139,000 after acquiring an additional 4,751 shares during the last quarter. 61.74% of the stock is currently owned by institutional investors.

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, activewear, knitwear, and intimate apparel.