Is Guess?, Inc. (GES) the Best 52-Week Low Dividend Stock To Consider?

Deciding What the Best 52-Week Low Dividend Stock To Consider

With so many great options on the market, investors may want to consider Guess?, Inc. (GES). This article will analyze GES' financials, recent news, and analyst ratings to decide if it is the best 52-week low dividend stock to consider.

GES Financials

Guess?, Inc. is a global lifestyle brand that designs, markets, distributes, and licenses apparel, accessories, and home products. The company operates over 1,000 retail stores in the Americas, Europe, and Asia. As of March 31, 2023, GES had the following financial highlights: * Annual revenue of $2.2 billion * Net income of $126.6 million * Diluted earnings per share of $1.82 * Cash and cash equivalents of $226.2 million * Total debt of $427.3 million GES has a strong financial position, with healthy revenue and earnings growth. The company also has a solid balance sheet, with a sufficient amount of cash to cover its operations and a manageable level of debt.

Recent News

In recent months, there have been a number of positive developments for GES. Firstly, the company reported strong first-quarter results in May 2023, with revenue and earnings that exceeded analysts' expectations. Additionally, the company announced that it plans to expand its retail presence in China. Despite the positive news, GES shares have declined in recent months due to the broad market sell-off. However, the company's fundamentals remain solid, and its shares are now trading at a significant discount to their intrinsic value.

Analyst Ratings

Analysts are bullish on GES stock. The average analyst rating is "buy," and the average price target is $25.00. This implies a potential upside of over 30% from the current price.

Conclusion

GES is a quality company with a solid financial position and a promising long-term growth outlook. The company's recent share price decline presents an attractive buying opportunity. With a strong track record and a favorable outlook, GES is well-positioned to deliver value to shareholders over the long term.