Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Guess? (NYSE:GES) Stock Price

News headlines about Guess? (NYSE:GES) have trended somewhat positive on Saturday, Accern Sentiment Analysis reports. Accern ranks the sentiment of press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Guess? earned a news impact score of 0.16 on Accern’s scale. Accern also assigned news articles about the company an impact score of 45.4788131208244 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

These are some of the media headlines that may have impacted Accern Sentiment Analysis’s analysis:

GES has been the subject of several recent research reports. Jefferies Group LLC restated a “hold” rating and issued a $11.00 price objective on shares of Guess? in a report on Friday, July 14th. Zacks Investment Research upgraded Guess? from a “sell” rating to a “hold” rating in a report on Monday, May 22nd. FBR & Co initiated coverage on Guess? in a report on Tuesday, July 11th. They issued an “outperform” rating and a $16.00 price objective for the company. BidaskClub upgraded Guess? from a “hold” rating to a “buy” rating in a report on Friday, June 30th. Finally, Cowen and Company set a $11.00 price objective on Guess? and gave the company a “hold” rating in a report on Friday, July 28th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and two have given a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $12.89.

Guess? (GES) traded up 0.95% during trading on Friday, reaching $12.80. The company’s stock had a trading volume of 1,231,557 shares. The stock has a 50 day moving average price of $12.86 and a 200 day moving average price of $11.94. The stock has a market capitalization of $1.07 billion, a PE ratio of 41.03 and a beta of 0.42. Guess? has a 1-year low of $9.56 and a 1-year high of $18.68.

Guess? (NYSE:GES) last released its quarterly earnings results on Wednesday, May 24th. The company reported ($0.24) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.32) by $0.08. The firm had revenue of $458.60 million for the quarter, compared to the consensus estimate of $449.22 million. Guess? had a return on equity of 3.67% and a net margin of 1.20%. The firm’s quarterly revenue was up 2.2% compared to the same quarter last year. During the same quarter last year, the business posted ($0.23) EPS. Analysts anticipate that Guess? will post $0.40 earnings per share for the current fiscal year.

In other news, CEO Amigo Victor Herrero purchased 3,274 shares of the company’s stock in a transaction that occurred on Monday, June 26th. The shares were purchased at an average price of $11.70 per share, for a total transaction of $38,305.80. Following the purchase, the chief executive officer now directly owns 392,848 shares of the company’s stock, valued at approximately $4,596,321.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 29.60% of the company’s stock.

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About Guess?

Guess?, Inc designs, markets, distributes and licenses a lifestyle collections of apparel and accessories for men, women and children. The Company operates through five segments: Americas Retail, Europe, Asia, Americas Wholesale 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.

Insider Buying and Selling by Quarter for Guess? (NYSE:GES)

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