Guess (GES) Gets a Buy Rating from B.Riley FBR

In a report released yesterday, Susan Anderson from B.Riley FBR reiterated a Buy rating on Guess (GES), with a price target of $29. The company’s shares closed yesterday at $19.31.

Anderson said:

“Guess?, Inc. (GES) reported 4Q adjusted EPS of $0.70 vs. B. Riley FBR/consensus estimate of $0.76/$0.75, driven by America’s Wholesale revenues of +19.2% (+21.9% constant currency), Europe revenues of +4.1% (+10.0% constant currency), and Asia revenues of +21.7% (+25.8% constant currency). America’s retail posted another strong quarter with +6% comps (vs. B. Riley FBR/consensus estimates of +2.0%/+1.5%), marking the fourth straight quarter of positive SSS. Adjusted operating margin expanded +13 bps to 9.2% (vs. B. Riley FBR/consensus estimates of +150 bps/+135 bps), driven by +30 bps impact of foreign currency. The EPS miss was helped by a $0.03 foreign currency impact. GM decreased –60 bps vs. our estimate/consensus of +105 bps/+119 bps.”

According to, Anderson is a 3-star analyst with an average return of 1.1% and a 44.6% success rate. Anderson covers the Services sector, focusing on stocks such as Ascena Retail Group, Abercrombie Fitch, and Children’s Place.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Guess with a $26.50 average price target, which is a 37.2% upside from current levels. In a report released yesterday, Jefferies also maintained a Buy rating on the stock with a $24 price target.

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Guess’ market cap is currently $1.56B and has a P/E ratio of 128.73. The company has a Price to Book ratio of 1.91.

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Guess?, Inc. engages in designing, marketing, distributing and licensing of contemporary apparel and accessories for men, women and children that reflect the American lifestyle and European fashion sensibilities. It operates through the following segments: Americas Retail, Americas Wholesale, Europe, Asia, and Licensing.

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