FMP

FMP

Guess (NYSE:GES) Stock Update: Neutral Rating and Market Performance

  • Guess (NYSE:GES) receives a Neutral rating from UBS but holds a Zacks Rank of #2 (Buy), suggesting potential market outperformance in the short term.
  • The stock price of Guess shows minimal change, currently at $17.07, with a slight increase of $0.01 or about 0.06%.
  • Guess has a market capitalization of approximately $890.2 million, reflecting its total market value based on the current stock price and outstanding shares.

Guess (NYSE:GES) is a well-known brand in the fashion industry, specializing in clothing and accessories. It operates within the Consumer Discretionary sector, which includes companies that produce goods and services that are not essential but are desired by consumers. This sector is currently ranked #12 in the Zacks Sector Rank, which evaluates sectors based on earnings estimates and revisions.

UBS recently updated its rating for Guess to Neutral, advising investors to hold the stock. At the time of this announcement, the stock was priced at $17.06. Despite this neutral stance, the Zacks Rank system has given Guess a rank of #2 (Buy), indicating an expectation for the company to outperform the market in the short term, over the next one to three months.

The stock price for Guess is currently $17.07, showing a slight increase of $0.01, or about 0.06%. Today, the stock has seen a low of $17.03 and a high of $17.08. Over the past year, Guess has experienced a high of $17.43 and a low of $8.48, reflecting some volatility in its stock price.

Guess has a market capitalization of approximately $890.2 million, which is a measure of the company's total market value. This figure is calculated by multiplying the current stock price by the total number of outstanding shares. Today's trading volume for Guess on the NYSE is 163,250 shares, indicating the level of investor interest and activity in the stock.