Guess? found using ticker (GES) now have 4 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 46 and 23 with a mean TP of 34.25. With the stocks previous close at 17.37 this would indicate that there is a potential upside of 97.2%. The 50 day moving average now sits at 21.65 and the 200 moving average now moves to 22.8. The company has a market cap of $1,188m. You can visit the company’s website by visiting: https://www.guess.com
The potential market cap would be $2,343m 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 ludes 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.
