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Guess stock hits 52-week low at $15.42 amid market challenges

Published 28/11/2024, 01:32 am
GES
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In a challenging market environment, Guess? Inc . (NYSE:GES) stock has touched a 52-week low, dipping to $15.42. The fashion retailer, known for its denim and accessories, has faced a tough year, with its stock price reflecting a significant downturn. Over the past year, Guess? Inc. has seen its value decrease by 12.88%, a notable decline that has investors and analysts closely watching the company's performance and potential strategies for recovery. The 52-week low serves as a critical point of focus for the company as it navigates through the current retail landscape, marked by shifting consumer trends and economic headwinds.

In other recent news, Guess Inc. reported a 13% increase in Q3 revenue, reaching $739 million, largely attributed to the acquisition of the Rag and Bone brand. However, the company experienced challenges in North American and Asian retail markets, marked by decreased store traffic and changing consumer spending patterns. Telsey Advisory Group adjusted its price target for Guess Inc, reducing it to $18.00 from the previous $21.00, while maintaining a Market Perform rating on the stock. The firm's decision followed Guess's third-quarter performance, which saw disappointing sales figures. The new price target of $18.00 is based on a 7.7x multiple on the two-year forward earnings per share (EPS) estimate of $2.34. Guess revised its full-year revenue guidance to 7-8% growth and adjusted EPS outlook to $1.85-$2.00. The company's strategic initiatives include significant marketing investments and the expansion of the Rag and Bone brand. Despite a mixed regional performance and cautious expectations, CEO Carlos Alberini expressed confidence in the company's long-term growth and the potential of new brand initiatives. These are some of the recent developments in the company's performance.

InvestingPro Insights

Despite Guess? Inc. (GES) hitting a 52-week low, recent InvestingPro data reveals some intriguing aspects of the company's financial health. As of the last twelve months ending Q2 2025, Guess? reported a revenue of $2.87 billion, with a solid revenue growth of 6.75%. This growth trajectory is particularly noteworthy given the challenging retail environment.

InvestingPro Tips highlight that Guess? is trading at a low P/E ratio of 5.39, which is particularly attractive relative to its near-term earnings growth. This suggests that the stock might be undervalued at its current price. Additionally, the company boasts a high shareholder yield and has maintained dividend payments for 18 consecutive years, demonstrating a commitment to returning value to shareholders even in tough times.

The company's dividend yield stands at an impressive 6.92%, which could be appealing to income-focused investors. However, it's worth noting that the stock has taken a significant hit over the last six months, with a total return of -26.76%, aligning with the article's mention of the company's challenging year.

For investors seeking a more comprehensive analysis, InvestingPro offers 13 additional tips for Guess?, providing a deeper dive into the company's financial position and market performance.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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