Guess? found using ticker (GES) have now 4 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 35 and 23 calculating the mean target price we have 29.25. Given that the stocks previous close was at 18.92 this indicates there is a potential upside of 54.6%. The day 50 moving average is 18.81 and the 200 day moving average is 21.23. The market cap for the company is $986m. Company Website: https://www.guess.com
The potential market cap would be $1,525m based on the market concensus.
Guess? 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. It also grants licenses to design, manufacture, and distribute various products that complement its apparel lines, such as eyewear, watches, handbags, footwear, kids’ and infants’ apparel, outerwear, fragrance, jewelry, and other fashion accessories, as well as to wholesale partners to operate and sell products through licensed retail stores. The company markets its products under the GUESS, GUESS?, GUESS U.S.A., GUESS Jeans, GUESS? and Triangle Design, MARCIANO, Question Mark and Triangle Design, a stylized G and a stylized M, GUESS Kids, Baby GUESS, YES, G by GUESS, GUESS by MARCIANO, and Gc brand names. It sells its products through direct-to-consumer, wholesale, and licensing distribution channels. As of January 29, 2022, the company directly operated 1,068 retail stores in the Americas, Europe, and Asia. Its partner’s distributors operated an additional 563 retail stores worldwide. The company also offers its products through its retail websites. Guess? was founded in 1981 and is headquartered in Los Angeles, California.
