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Surging Earnings Estimates Signal Good News for Guess (GES)
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Guess’, Inc. (GES - Free Report) designs, markets, distributes, and licenses lifestyle collections of apparel and accessories that could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well.
These positive earnings estimate revisions suggest that analysts are becoming more optimistic on GES’s earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames over the past four weeks, suggesting that Guess could be a solid choice for investors.
Current Quarter Estimates for GES
In the past 60 days, one of the estimate has gone higher for Guess while none have even gone lower in the same time period. The trend has been pretty favorable too, with estimates increasing from 50 cents a share 60 days ago, to 53 cents today, a move of 6%.
Current Year Estimates for GES
Meanwhile, Guess current year figures are also looking quite promising, with two estimates moving higher in the past two months, compared to none lower. The consensus estimate trend has also seen a boost for this time frame, increasing from 60 cents per share 60 days ago to 62 cents per share today, an increase of 3.3%.
The stock has also started to move higher lately, adding 13.5% over the past four weeks, suggesting that investors are starting to take note of this impressive story. So, investors may want to consider this Zacks Rank #2 (Buy) stock to profit in the near future. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Looking for Stocks with Skyrocketing Upside?
Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.
Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.
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Surging Earnings Estimates Signal Good News for Guess (GES)
Guess’, Inc. (GES - Free Report) designs, markets, distributes, and licenses lifestyle collections of apparel and accessories that could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well.
These positive earnings estimate revisions suggest that analysts are becoming more optimistic on GES’s earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames over the past four weeks, suggesting that Guess could be a solid choice for investors.
Current Quarter Estimates for GES
In the past 60 days, one of the estimate has gone higher for Guess while none have even gone lower in the same time period. The trend has been pretty favorable too, with estimates increasing from 50 cents a share 60 days ago, to 53 cents today, a move of 6%.
Current Year Estimates for GES
Meanwhile, Guess current year figures are also looking quite promising, with two estimates moving higher in the past two months, compared to none lower. The consensus estimate trend has also seen a boost for this time frame, increasing from 60 cents per share 60 days ago to 62 cents per share today, an increase of 3.3%.
Guess, Inc. Price and Consensus
Guess?, Inc. Price and Consensus | Guess?, Inc. Quote
Bottom Line
The stock has also started to move higher lately, adding 13.5% over the past four weeks, suggesting that investors are starting to take note of this impressive story. So, investors may want to consider this Zacks Rank #2 (Buy) stock to profit in the near future. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Looking for Stocks with Skyrocketing Upside?
Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.
Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.
See the pot trades we're targeting>>