Guess (NYSE:GES) announced a quarterly dividend on Thursday, May 30th, AnalystRatingsNetwork.com reports. Investors of record on Wednesday, June 12th will be paid a dividend of $0.20 per share on Friday, June 28th. This represents a $0.80 annualized dividend and a dividend yield of 2.73%.
A number of research firms have also recently commented on GES. Analysts at Standpoint Research downgraded shares of Guess from a “buy” rating to a “hold” rating in a research note to investors on Thursday, May 23rd. On the ratings front, analysts at TheStreet upgraded shares of Guess from a “hold” rating to a “buy” rating in a research note to investors on Tuesday, May 21st. Finally, analysts at Wedbush downgraded shares of Guess from an “outperform” rating to a “neutral” rating in a research note to investors on Thursday, May 9th. They now have a $27.00 price target on the stock.
Two analysts have rated the stock with a sell rating, six have issued a hold rating and four have given a buy rating to the stock. Guess presently has a consensus rating of “Hold” and an average target price of $28.60.
Guess (NYSE: GES) traded up 0.65% on Thursday, hitting $29.35. Guess has a 1-year low of $22.48 and a 1-year high of $34.10. The stock’s 50-day moving average is currently $27.83. The company has a market cap of $2.504 billion and a price-to-earnings ratio of 14.22.
Guess (NYSE: GES) last announced its earnings results on Thursday, May 30th. The company reported $0.14 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.08 by $0.06. The company had revenue of $548.90 million for the quarter, compared to the consensus estimate of $548.98 million. During the same quarter last year, the company posted $0.30 earnings per share. Guess’s revenue was down 5.2% compared to the same quarter last year. Guess has set its Q2 guidance at $0.34-0.38 EPS and its FY14 guidance at $1.70-1.90 EPS. On average, analysts predict that Guess will post $1.79 earnings per share for the current fiscal year.
Guess?, Inc. (NYSE: GES) designs, markets, distributes and licenses apparel and accessories for men, women and children.
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