Do stock traders buy a large volume of guesswork? Call options (NYSE: GES)

Guess ?, Inc. (NYSE: GES) was the target of unusually heavy options trading activity on Monday. Equity investors acquired 110,139 call options on the company. This represents an increase of approximately 5,663% over the typical volume of 1,911 call options.

GES has been the subject of a number of recent research reports. Zacks Investment Research Improved Guess Stocks? from a “hold” rating to a “strong buy” rating and set a price target of $ 29.00 for the company in a report released Thursday, November 25. Telsey Advisory Group lowered its price target on Guess shares? from $ 33.00 to $ 27.00 and established a “market performance” rating for the company in a report released Thursday, August 26.

NYSE: GES shares traded up $ 0.93 at midday Monday, reaching $ 24.43. 70,281 shares of the company were traded, for an average volume of 820,935. The company has a leverage ratio of 0.55, a current ratio of 1.77 and a rapid ratio of 1.17. The company has a market cap of $ 1.59 billion, a price-to-earnings ratio of 9.44 and a beta of 2.13. The company’s 50-day simple moving average is $ 21.81 and its 200-day simple moving average is $ 23.61. To guess? has a one-year minimum of $ 17.66 and a one-year maximum of $ 31.12.

To guess? (NYSE: GES) last released its quarterly results on Tuesday, November 23. The company reported EPS of $ 0.62 for the quarter, beating Thomson Reuters’ consensus estimate of $ 0.46 of $ 0.16. To guess? had a net margin of 7.10% and a return on equity of 33.33%. The company posted revenue of $ 643.07 million in the quarter, compared to analysts’ expectations of $ 611.30 million. In the same quarter of last year, the company posted EPS of $ 0.58. The company’s revenue increased 13.0% compared to the same quarter last year. On average, research analysts predict Guess? will post earnings per share of 2.97 for the current fiscal year.

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Knightscope, Inc., a developer of advanced physical security technologies focused on improving security operations in the United States, has begun offering up to $ 40 million of Class A common stock, with the shares to be listed immediately after the close of NASDAQ under the ticker symbol “KSCP.”

To guess? announced that its board of directors authorized a share buyback plan on Wednesday, August 25 that allows the company to repurchase $ 200.00 million of outstanding shares. This buyback authorization allows the company to buy back up to 12.8% of its shares through market purchases. Stock repurchase plans are often a sign that company management believes its shares are undervalued.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 24. Shareholders of record on Wednesday, December 8 will receive a dividend of $ 0.225. This represents a dividend of $ 0.90 on an annualized basis and a dividend yield of 3.68%. This is a positive change from Guess? ‘Previous quarterly dividend of $ 0.11. The ex-dividend date is Tuesday, December 7. Guess’s dividend payout ratio (DPR)? is currently 17.24%.

Several institutional investors and hedge funds have recently changed their positions in the company. Balyasny Asset Management LLC increased its holdings of Guess shares? 20.3% in the 3rd quarter. Balyasny Asset Management LLC now owns 316,807 shares of the company valued at $ 6,656,000 after purchasing an additional 53,464 shares during the last quarter. Twinbeech Capital LP has acquired a new stake in Guess? during the 3rd quarter valued at $ 1,008,000. Two Sigma Advisers LP increased its stake in Guess? of 103.1% in the 3rd quarter. Two Sigma Advisers LP now owns 567,402 shares of the company valued at $ 11,921,000 after acquiring an additional 288,000 shares during the last quarter. Two Sigma Investments LP increased its stake in Guess? of 53.2% in the 3rd quarter. Two Sigma Investments LP now owns 567,252 shares of the company valued at $ 11,918,000 after acquiring an additional 196,991 shares during the last quarter. Finally, Voloridge Investment Management LLC increased its stake in Guess? of 83.1% in the 3rd quarter. Voloridge Investment Management LLC now owns 334,940 shares of the company valued at $ 7,037,000 after acquiring an additional 151,981 shares during the last quarter. Institutional investors and hedge funds hold 63.64% of the company’s shares.

To guess? Company Profile

Guess ?, Inc engages in the design, marketing, distribution and licensing of contemporary clothing and accessories for men, women and children that reflect the American lifestyle and European fashion sensibilities. It operates through the following segments: Americas Retail, Americas Wholesale, Europe, Asia and Licensing.

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