Momentum Stock Watch: Guess’ Inc. (GES)

Company Profile:

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. As of February 1, 2020, the company directly operated 1,169 retail stores in the Americas, Europe, and Asia. Its partner’s distributors operated an additional 560 retail stores worldwide. The company also offers its products through its retail websites. Guess’, Inc. was founded in 1981 and is headquartered in Los Angeles, California.

Recent News:

The company topped 2Q revenue of $399 million. For its second quarter ended August 1, 2020, the Company recorded GAAP net loss of $20.4 million, compared to GAAP net earnings of $25.3 million for the second quarter of 2019.

For the six months ended August 1, 2020, the Company recorded GAAP net loss of $178.0 million, compared to GAAP net earnings of $3.9 million for the six months ended August 3, 2019.

 

Fundamental Analysis:

Ninestocks analyzes several different financial aspects: Growth, Profitability, solvency and efficiency.

Growth – Measures the growth of both the company’s income statement and cash flow.

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Profitability – Measures the historical price movement of the stock.

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Solvency – Measures the solvency of the company based on several ratios.

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Efficiency – Measures the strength and historic growth of a company’s return on invested capital.

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Conclusion:

GES’s strengths can be seen in its better growth, better profitability and better efficiency compared with its peers. Its revunue has increased over recent years. Technical indicators signal the bullish signs, as there is a bullish crossover in Stochastic oscillator, the MACD is trying to cross back up and the RSI stands at 54.32 with positive bias. We rate Guess Inc. (GES) a STRONG BUY.

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