Price Action To Observe: Will Guess?, Inc. Go Down Anytime Soon?

Price Action To Observe: Will Guess?, Inc. Go Down Anytime Soon?

The stock of Guess?, Inc. (NYSE:GES) is a huge mover today! About 779,870 shares traded hands. Guess?, Inc. (NYSE:GES) has declined 14.23% since April 8, 2016 and is downtrending. It has underperformed by 19.88% the S&P500.
The move comes after 6 months positive chart setup for the $1.34 billion company. It was reported on Nov, 10 by Barchart.com. We have $18.84 PT which if reached, will make NYSE:GES worth $321.60M more.

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 stock of Guess?, Inc. (NYSE:GES) earned “Neutral” rating by Mizuho on Thursday, May 26. The rating was maintained by Mizuho with “Buy” on Wednesday, November 25. As per Thursday, August 27, the company rating was maintained by Mizuho. As per Thursday, March 17, the company rating was maintained by Topeka Capital Markets. As per Thursday, August 25, the company rating was maintained by Jefferies. The rating was maintained by Topeka Capital Markets with “Hold” on Thursday, August 27. The firm has “Buy” rating by Standpoint Research given on Wednesday, May 25. The stock of Guess?, Inc. (NYSE:GES) has “Neutral” rating given on Thursday, November 19 by Mizuho. The stock has “Hold” rating given by Standpoint Research on Tuesday, October 13. The firm has “Underweight” rating given on Tuesday, July 19 by PiperJaffray.

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.
Qs Investors Limited Company last reported 1,882 shares in the company. Gam Ag holds 179,960 shares or 0.04% of its portfolio. Systematic Financial Mngmt Ltd Partnership holds 0.05% or 257,723 shares in its portfolio. Sei, a Pennsylvania-based fund reported 9,587 shares. Commonwealth Equity Ser, a Massachusetts-based fund reported 19,807 shares. Old Mutual Glob (Uk) Limited, a United Kingdom-based fund reported 16,789 shares. Bnp Paribas Arbitrage Sa has invested 0% of its portfolio in Guess?, Inc. (NYSE:GES). Hbk Invs L P, a Texas-based fund reported 12,545 shares. Aperio Gp Ltd Llc, a California-based fund reported 14,435 shares. Moreover, Ladenburg Thalmann Fin has 0% invested in Guess?, Inc. (NYSE:GES) for 205 shares. Prudential Financial has 39,846 shares for 0% of their US portfolio. The Washington-based Parametric Port Limited Liability Company has invested 0.01% in Guess?, Inc. (NYSE:GES). Blackrock Fund Advisors accumulated 6.54 million shares or 0.02% of the stock. Sg Americas Secs Ltd Liability Corporation holds 0% of its portfolio in Guess?, Inc. (NYSE:GES) for 24,842 shares. Hsbc Holding Public Limited Co accumulated 20,291 shares or 0% of the stock.

Insider Transactions: Since July 15, 2016, the stock had 1 insider buy, and 1 sale for $29,788 net activity. 2,177 shares with value of $32,372 were bought by Herrero Amigo Victor on Monday, September 26. $62,160 worth of Guess?, Inc. (NYSE:GES) shares were sold by CHIDONI ANTHONY.

Another recent and important Guess?, Inc. (NYSE:GES) news was published by Fool.com which published an article titled: “Why Guess?, Inc. Stock Fell 12.1% in September” on October 12, 2016.

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.

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