Alert: New Earnings Report (3/20/24)-Guess ? Inc. (NYSE: GES).

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Guess ? Inc. (NYSE: GES) has reported E.P.S. of $2.15 for its fourth fiscal quarter (ending January 31) versus $1.75 for the same period a year ago. For the latest four quarters through January 31, E.P.S. were $3.67 compared to $2.62 a year ago.

Recent Price Action

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Guess ? Inc. (NYSE: GES) stock enjoyed a large increase of 3.1% on 3/20/24. The stock closed at $25.95. Moreover, exceptionally high trading volume at 201% of normal accompanied the advance. The stock has risen 2.3% during the last week and has been exceptionally strong relative to the market over the last nine months.

Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, GES is expected to continue to be a major Value Builder.

Guess ? has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Guess ? has a neutral Appreciation Score of 58 but a good Power Rating of 80, leading to the Positive Value Trend Rating.

Rating Review

In light of this new information and positive market action we are reviewing our current Overall Rating of B. This review will be completed in the next several days.

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