Standpoint Research Starts Guess (GES) at Buy; Attractive Expansion Plan
Tweet
Share
E-mailGet Alerts GES Hot Sheet
Price: $16.81 --0%
Rating Summary:
4 Buy, 9 Hold, 5 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
4 Buy, 9 Hold, 5 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Join SI Premium – FREE
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.
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.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Genco rejects Diana Shipping bid, calls offer below NAV
- Macquarie favors BSL, RWC, REH in Australian earnings season
- Diana Shipping withdraws bid to acquire Genco Shipping
Create E-mail Alert Related Categories
New CoverageRelated Entities
Dividend, Standpoint ResearchSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
