Forecast Of The Day: Guess Licensing Revenue
What?
Guess (NYSE:GES) Licensing Revenue rose from around $83 million in 2019 to about $86 million in 2020. Trefis expects the metric to expand to around $87 million in 2021 and rise to over $91 million by 2023.
Why?
- Can Guess Stock Reverse Its Poor Run This Year With Its Fiscal Q2 Results?
- Up 14% This Year, Why Is Guess Stock Outperforming?
- Flat Since The Beginning of 2023, What’s Next For Guess Stock?
- Is Guess Stock A Buy At $21?
- What To Expect From Guess’ Stock Post Q2?
- Can Guess Stock Return To Pre-Inflation Shock Highs?
Licensing business model is the primary method that Guess uses to enter new markets and we believe this will be a growth driver as the company expands its presence in Brazil, Japan, and India.
So What?
We think GES stock remains undervalued at current levels of about $23 per share. We value the stock at around $31, about 35% ahead of the current market price.
See Our Complete Analysis For Guess Stock
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| Returns | Feb 2022 MTD [1] |
2022 YTD [1] |
2017-22 Total [2] |
| GES Return | 0% | -3% | 90% |
| S&P 500 Return | 0% | -5% | 102% |
| Trefis MS Portfolio Return | 0% | -9% | 257% |
[1] Month-to-date and year-to-date as of 2/1/2022
[2] Cumulative total returns since the end of 2016