Guess?, Inc. on Focus After Bearish Options Activity

 Guess?, Inc. on Focus After Bearish Options Activity

In today’s session Guess?, Inc. (GES) recorded an unusually high (361) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the March, 2017 put, expecting serious GES decrease. With 361 contracts traded and 424 open interest for the Mar, 17 contract, it seems this is a quite bearish bet. The option with symbol: GES170317P00010000 closed last at: $0.15 or 40% down. About 150,704 shares traded hands. Guess?, Inc. (NYSE:GES) has declined 34.64% since March 9, 2016 and is downtrending. It has underperformed by 42.06% the S&P500.

Guess?, Inc. (NYSE:GES) Ratings Coverage

Out of 9 analysts covering Guess? (NYSE:GES), 2 rate it a “Buy”, 1 “Sell”, while 6 “Hold”. This means 22% are positive. Guess? has been the topic of 17 analyst reports since August 15, 2015 according to StockzIntelligence Inc. The company was maintained on Wednesday, November 25 by Mizuho. The firm earned “Hold” rating on Thursday, August 25 by Jefferies. As per Tuesday, July 19, the company rating was downgraded by PiperJaffray. The firm has “Neutral” rating by Mizuho given on Tuesday, October 13. The firm has “Hold” rating by Miller Tabek given on Friday, May 27. The stock of Guess?, Inc. (NYSE:GES) has “Neutral” rating given on Thursday, November 19 by Mizuho. The company was downgraded on Tuesday, October 13 by Standpoint Research. The rating was maintained by Cowen & Co with “Market Perform” on Thursday, March 17. Topeka Capital Markets maintained the shares of GES in a report on Thursday, March 17 with “Hold” rating. The firm has “Hold” rating given on Thursday, August 27 by Topeka Capital Markets.

According to Zacks Investment Research, “Guess, Inc. designs, markets, distributes and licenses one of the world’s leading lifestyle collections of casual apparel, accessories and related consumer products. The lines include full collections of denim and cotton clothing, including jeans, pants, overalls, skirts, dresses, shorts, blouses, shirts, jackets and knitwear. In addition, it has granted licenses to manufacture and distribute a broad range of products that complement its apparel lines, including clothing for infants and children, activewear, footwear, eyewear, watches, and home products.”

Insitutional Activity: The institutional sentiment decreased to 0.94 in Q2 2016. Its down 0.11, from 1.05 in 2016Q1. The ratio turned negative, as 26 funds sold all Guess?, Inc. shares owned while 60 reduced positions. 23 funds bought stakes while 58 increased positions. They now own 65.26 million shares or 8.05% less from 70.97 million shares in 2016Q1.
Global X Management owns 295,833 shares or 0.23% of their US portfolio. Victory Mgmt accumulated 0% or 15,417 shares. Cipher Capital Ltd Partnership holds 0.06% or 58,593 shares in its portfolio. Citadel Advisors Limited Liability Com has invested 0% of its portfolio in Guess?, Inc. (NYSE:GES). Old Mutual (Uk) holds 0% of its portfolio in Guess?, Inc. (NYSE:GES) for 16,789 shares. The United Kingdom-based Oldfield Ltd Liability Partnership has invested 0.04% in Guess?, Inc. (NYSE:GES). Westport Res Management Inc reported 500 shares or 0% of all its holdings. Natl Bank Of America Corporation De has 163,968 shares for 0% of their US portfolio. Fdx accumulated 0.01% or 20,227 shares. State Street Corporation has invested 0.01% of its portfolio in Guess?, Inc. (NYSE:GES). Suntrust Banks reported 160,446 shares or 0.01% of all its holdings. Us National Bank De has 214 shares for 0% of their US portfolio. Virginia Retirement Et Al accumulated 27,000 shares or 0.01% of the stock. South Dakota Inv Council has 112,600 shares for 0.04% of their US portfolio. Moreover, Engineers Gate Manager Ltd Partnership has 0.05% invested in Guess?, Inc. (NYSE:GES) for 44,700 shares.

Insider Transactions: Since April 18, 2016, the stock had 2 buys, and 1 sale for $11,859 net activity. Another trade for 1,031 shares valued at $17,929 was made by Herrero Amigo Victor on Monday, April 18. Shares for $62,160 were sold by CHIDONI ANTHONY on Friday, July 15.

Guess?, Inc. designs, markets, distributes and licenses a lifestyle collection of apparel and accessories for men, women and children. The company has a market cap of $1.21 billion. The Firm operates through five divisions: Americas Retail, which includes its retail and e-commerce activities in North and Central America and its retail activities in South America; Europe, which includes its wholesale, retail and e-commerce activities in Europe and the Middle East; Asia, which includes its retail, e-commerce and wholesale activities in Asia; Americas Wholesale, which includes its wholesale activities in the Americas, and Licensing, which includes licensing activities of the Company across the world. It has a 18.23 P/E ratio. The Company’s product lines include a range of clothing, including jeans, pants, skirts, dresses, shorts, blouses, shirts, jackets, knitwear and intimate apparel.

GES Company Profile

Guess?, Inc., incorporated on August 3, 1993, designs, markets, distributes and licenses a lifestyle collection of apparel and accessories for men, women and children. The Firm operates through five divisions: Americas Retail, Europe, Asia, Americas Wholesale and Licensing. The Company’s product lines include a range of clothing, including jeans, pants, skirts, dresses, shorts, blouses, shirts, jackets, knitwear and intimate apparel. The Company’s apparel is marketed under various trademarks, including 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, GUESS by MARCIANO and Gc. It also grants licenses to manufacture and distribute a range of products, including eyewear, watches, handbags, footwear, kids’ and infants’ apparel, outerwear, swimwear, fragrance, jewelry and other fashion accessories.

More notable recent Guess?, Inc. (NYSE:GES) news were published by: Fool.com which released: “Why Guess?, Inc. Stock Fell 12.1% in September” on October 12, 2016, also Wsj.com with their article: “Guess Inc. Raises Lower End of Earnings Forecast” published on August 24, 2016, Fool.com published: “Why Guess?, Inc. Stock Popped Today” on August 25, 2016. More interesting news about Guess?, Inc. (NYSE:GES) were released by: Wsj.com and their article: “Guess Inc. Reports First-Quarter Loss” published on May 25, 2016 as well as Fool.com‘s news article titled: “Why Guess? Inc. Stock Fell 12.1% in March” with publication date: April 07, 2016.

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