Guess? (GES) Soars 26.3%: Is Further Upside Left in the Stock?

Group 1 - Guess? (GES) shares increased by 26.3% to $16.85, with a significant trading volume, contrasting with a 0.5% loss over the past four weeks [1][2] - The stock's rally is attributed to a $1.4 billion take-private deal with Authentic Brands Group, which will own 51% of Guess?'s intellectual property, while Rolling Stockholders retain 49% and operational control [2] - The upcoming quarterly earnings for Guess? are projected at $0.14 per share, reflecting a year-over-year decline of 66.7%, with revenues expected to reach $757.14 million, a 3.4% increase from the previous year [2] Group 2 - The consensus EPS estimate for Guess? has remained unchanged over the last 30 days, indicating that stock price movements may not sustain without earnings estimate revisions [4] - Guess? holds a Zacks Rank of 3 (Hold), similar to G-III Apparel Group (GIII), which closed at $25.85, down 0.8% in the last trading session [4] - G-III Apparel's consensus EPS estimate is $0.1, representing an 80.8% decline from the previous year, and it also holds a Zacks Rank of 3 (Hold) [5]