Standpoint Research Starts Guess (GES) at Buy; Attractive Expansion Plan
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Price: $30.33 +1.03%
Rating Summary:
1 Buy, 8 Hold, 4 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 21 | Down: 24 | New: 29
Rating Summary:
1 Buy, 8 Hold, 4 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 21 | Down: 24 | New: 29
Trade GES Now!
Standpoint Research initiates coverage on Guess (NYSE: GES) with a Buy. PT range $35-40.
Analyst, Ronnie Moas, said, " I ran 330 high paying dividend stocks through my 155-variable computer model and Guess GES ranked # 8 out of 330 names. The stock also passes fundamental and subjective overlays. Had I used a cut-off point above 3.0% GES would not have been included in the queue/run. I did indeed use a 3.0% yield as a cut-off point and GES barely made it with its $0.20 quarterly dividend and share price below $27...What I like here, in addition to the fact that it scores so well on my model, is that this company will increase its store count by 35% in the next five years...hopefully revenues, margins and EPS will increase by close to that rate."
NOTE - GES forecasts 45% increase in store count over next 5 years. Standpoint analyst, Ronnie Moas, sees at least 35%
For an analyst ratings summary and ratings history on Guess click here. For more ratings news on Guess click here.
Shares of Guess closed at $26.58 yesterday, with a 52 week range of $25.98-$45.73.
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Analyst, Ronnie Moas, said, " I ran 330 high paying dividend stocks through my 155-variable computer model and Guess GES ranked # 8 out of 330 names. The stock also passes fundamental and subjective overlays. Had I used a cut-off point above 3.0% GES would not have been included in the queue/run. I did indeed use a 3.0% yield as a cut-off point and GES barely made it with its $0.20 quarterly dividend and share price below $27...What I like here, in addition to the fact that it scores so well on my model, is that this company will increase its store count by 35% in the next five years...hopefully revenues, margins and EPS will increase by close to that rate."
NOTE - GES forecasts 45% increase in store count over next 5 years. Standpoint analyst, Ronnie Moas, sees at least 35%
For an analyst ratings summary and ratings history on Guess click here. For more ratings news on Guess click here.
Shares of Guess closed at $26.58 yesterday, with a 52 week range of $25.98-$45.73.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
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