Telsey Advisory Group Predicts GIII FY2025 Earnings

G-III Apparel Group, Ltd. (NASDAQ:GIII - Free Report) - Equities research analysts at Telsey Advisory Group lifted their FY2025 earnings estimates for G-III Apparel Group in a research note issued on Wednesday, December 11th. Telsey Advisory Group analyst D. Telsey now expects that the textile maker will earn $4.16 per share for the year, up from their previous estimate of $4.01. Telsey Advisory Group currently has a "Market Perform" rating and a $32.00 price target on the stock. The consensus estimate for G-III Apparel Group's current full-year earnings is $4.15 per share. Telsey Advisory Group also issued estimates for G-III Apparel Group's Q4 2025 earnings at $0.97 EPS, Q1 2026 earnings at $0.09 EPS, Q2 2026 earnings at $0.54 EPS and FY2026 earnings at $4.21 EPS.

G-III Apparel Group (NASDAQ:GIII - Get Free Report) last posted its quarterly earnings results on Tuesday, December 10th. The textile maker reported $2.59 earnings per share for the quarter, topping analysts' consensus estimates of $2.26 by $0.33. The company had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.10 billion. G-III Apparel Group had a net margin of 5.59% and a return on equity of 11.66%. G-III Apparel Group's revenue was up 1.9% on a year-over-year basis. During the same quarter last year, the firm posted $2.78 earnings per share.

Several other equities research analysts have also issued reports on the stock. StockNews.com raised shares of G-III Apparel Group from a "hold" rating to a "buy" rating in a research report on Monday, December 2nd. Barclays increased their target price on G-III Apparel Group from $27.00 to $29.00 and gave the company an "underweight" rating in a report on Wednesday. KeyCorp increased their price objective on G-III Apparel Group from $34.00 to $40.00 and gave the stock an "overweight" rating in a report on Wednesday. Finally, Guggenheim increased their price objective on G-III Apparel Group from $36.00 to $38.00 and gave the stock a "buy" rating in a report on Wednesday. Two analysts have rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the stock. According to MarketBeat, G-III Apparel Group has an average rating of "Hold" and a consensus price target of $32.17.

G-III Apparel Group Trading Up 3.3 %

Shares of G-III Apparel Group stock traded up $1.16 during trading hours on Friday, hitting $35.81. The company's stock had a trading volume of 258,955 shares, compared to its average volume of 560,440. G-III Apparel Group has a 1-year low of $20.66 and a 1-year high of $35.86. The business has a fifty day moving average of $30.97 and a 200 day moving average of $28.77. The company has a market capitalization of $1.57 billion, a PE ratio of 9.09 and a beta of 2.14. The company has a quick ratio of 1.80, a current ratio of 2.63 and a debt-to-equity ratio of 0.13.

Insiders Place Their Bets

In other news, CEO Morris Goldfarb sold 100,000 shares of the firm's stock in a transaction dated Tuesday, September 24th. The stock was sold at an average price of $31.59, for a total value of $3,159,000.00. Following the sale, the chief executive officer now directly owns 3,990,085 shares of the company's stock, valued at approximately $126,046,785.15. This trade represents a 2.44 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 12.40% of the company's stock.

Institutional Investors Weigh In On G-III Apparel Group

Several hedge funds and other institutional investors have recently made changes to their positions in GIII. F M Investments LLC acquired a new stake in shares of G-III Apparel Group in the second quarter valued at about $6,796,000. Marshall Wace LLP raised its stake in shares of G-III Apparel Group by 142.8% in the second quarter. Marshall Wace LLP now owns 351,918 shares of the textile maker's stock valued at $9,526,000 after acquiring an additional 206,993 shares during the last quarter. Barclays PLC raised its stake in shares of G-III Apparel Group by 236.4% in the third quarter. Barclays PLC now owns 282,661 shares of the textile maker's stock valued at $8,627,000 after acquiring an additional 198,647 shares during the last quarter. Jane Street Group LLC raised its stake in shares of G-III Apparel Group by 269.9% in the third quarter. Jane Street Group LLC now owns 251,146 shares of the textile maker's stock valued at $7,665,000 after acquiring an additional 183,246 shares during the last quarter. Finally, American Century Companies Inc. raised its stake in shares of G-III Apparel Group by 15.6% in the second quarter. American Century Companies Inc. now owns 1,147,175 shares of the textile maker's stock valued at $31,054,000 after acquiring an additional 155,079 shares during the last quarter. 92.13% of the stock is owned by institutional investors and hedge funds.

About G-III Apparel Group

G-III Apparel Group, Ltd. designs, sources, and markets women's and men's apparel in the United States and internationally. The company operates through two segments, Wholesale Operations and Retail Operations. Its products include outerwear, dresses, sportswear, swimwear, women's suits, and women's performance wear; and women's handbags, footwear, small leather goods, cold weather accessories, and luggage.