- Alberto Toni is set to become the new CFO of Guess?, Inc., bringing a wealth of experience in leadership roles.
- Wall Street analysts forecast a substantial upside for Guess? Inc's stock, with an average price target implying a 59.36% increase.
- GuruFocus projects a significant 141.14% upside based on their GF Value estimate.
Alberto Toni is poised to make a significant impact at Guess?, Inc. (GES, Financial) as he steps into the role of Chief Financial Officer following the company's next quarterly report in mid-June. Toni's impressive background includes leadership positions at Flos B&B Italia and Bata SA. He will be taking over from Dennis Secor, who will remain with the company in the capacity of Executive Vice President until September, ensuring a smooth transition.
Wall Street Analysts Forecast for Guess? Inc (GES, Financial)
According to the latest insights from Wall Street analysts, the one-year price targets for Guess? Inc (GES, Financial) present a promising outlook. With estimates ranging from a high of $23.00 to a low of $12.00, the average target price stands at $16.00. This average target suggests a potential upside of 59.36% from the current stock price of $10.04. Investors can explore more detailed projection data on the Guess? Inc (GES) Forecast page.
Meanwhile, the collective recommendation from three brokerage firms places Guess? Inc's (GES, Financial) stock in a "Hold" position, with an average rating of 2.7 on a scale of 1 to 5. This scale ranges from 1, denoting a Strong Buy, to 5, indicating a Sell.
GuruFocus GF Value Estimate
In addition to Wall Street's optimistic forecasts, GuruFocus presents a compelling valuation perspective through its GF Value estimate. The estimated GF Value for Guess? Inc (GES, Financial) over the next year is set at $24.21, suggesting a remarkable 141.14% upside from the current price of $10.04. The GF Value is derived from historical multiples and projected business growth, providing a robust measure of the stock's fair trading value. For more comprehensive insights, investors are encouraged to visit the Guess? Inc (GES) Summary page.
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