Guess? with ticker code (GES) now have 4 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 46 and 27 and has a mean target at 35.25. Given that the stocks previous close was at 22.01 this would imply there is a potential upside of 60.2%. The day 50 moving average is 22.81 and the 200 moving average now moves to 24.01. The market cap for the company is $1,429m. Visit the company website at: https://www.guess.com
The potential market cap would be $2,289m 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, 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 certain wholesale partners to operate and sell products through licensed retail stores. The company markets its products under 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 (GbG), GUESS by MARCIANO, and Gc brand names. It sells its products through direct-to-consumer, wholesale, and licensing distribution channels. As of January 30, 2021, the company directly operated 1,046 retail stores in the Americas, Europe, and Asia. Its partner’s distributors operated an additional 524 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.
