Guess stock (NYSE: GES), a retailer that designs, markets, distributes, and licenses apparel and accessories for men, women, and children, has declined 7% in the last twenty-one trading days (one month). In comparison, the broader S&P500 index increased 4% over the same period. The company’s stock has been trading lower on concerns over the rising prices of cotton and higher overall manufacturing costs in Asian nations like Vietnam and China. In addition, the global supply chain environment is also really challenged right now which continued to negatively impact the company.
Now, is GES stock poised to grow? Based on our machine learning analysis of trends in the stock price over the last ten years, there is a 56% chance of a rise in GES stock over the next month (twenty-one trading days). See our analysis on GES Stock Chance Of Rise for more details. And if you are considering GES’ stock as an investment option over a longer time frame, you can also explore the Guess Revenues dashboard.
[1] Returns of 0.1% or higher during five-day period in 1268 times out of 2516; Stock rose in the next five days in 607 of these 1268 instances
[2] Returns of -4.8% or lower during ten-day period in 596 times out of 2516; Stock rose in the next ten days in 334 of these 596 instances
[3] Returns of -7.4% or lower during twenty-one-day period in 593 times out of 2516; Stock rose in the next twenty-one days in 333 of these 593 instances
There are several stocks in S&P500 that look like a Better Bet Than GES stock.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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