Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for Guess ? Inc. (NYSE: GES) improved recently. GES’ current Value Trend Rating is B and the prior Rating was C. Details supporting this higher rating are included in our next report.
Recent Price Action
On 4/12/24, Guess ? Inc. (NYSE: GES) stock declined modestly by -1.8%, closing at $27.59. Moreover, trading volume in this decline was unusually high at 156% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -10.9% during the last week.
Current PriceTarget Research Rating
GES’ future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Guess ? has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Guess ? has a neutral Appreciation Score of 58 but a good Power Rating of 76, producing the Positive Value Trend Rating.
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