G-III Apparel Group (GIII) Stock Price, News & Analysis

Company Overview

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. The company markets apparel and other products under the proprietary brands, including DKNY, Donna Karan, Karl Lagerfeld, Karl Lagerfeld Paris, Vilebrequin, G.H. Bass, Eliza J, Jessica Howard, Andrew Marc, Marc New York, Wilsons Leather, Sonia Rykiel, and G-III Sports by Carl Banks; and licensed brands, such as Calvin Klein, Tommy Hilfiger, Levi's, Guess?, Kenneth Cole, Cole Haan, Vince Camuto, Margaritaville, and Dockers. It has licenses with the National Football League, National Basketball Association, Major League Baseball, and National Hockey League, as well as approximately 150 U.S. colleges and universities. The company offers its products to department, specialty, and mass merchant retail stores. It also sells its products online. G-III Apparel Group, Ltd. was founded in 1956 and is based in New York, New York.

Key Stats

• Today's Range: $30.89 to $31.71
• 50-Day Range: $28.49 to $33.38
• 52-Week Range: $20.66 to $35.68
• Volume: 226,467 shs
• Average Volume: 559,008 shs
• Market Capitalization: $1.38 billion
• P/E Ratio: 7.86
• Dividend Yield: N/A
• Price Target: $30.00
• Consensus Rating: Hold

G-III Apparel Group Stock Analysis - MarketRank™

G-III Apparel Group scored higher than 35% of companies evaluated by MarketBeat, and ranked 232nd out of 282 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

G-III Apparel Group has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 2 buy ratings, 2 hold ratings, and 2 sell ratings.

Amount of Analyst Coverage

G-III Apparel Group has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 2.49%

Earnings Growth

Earnings for G-III Apparel Group are expected to grow by 2.49% in the coming year, from $4.01 to $4.11 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of G-III Apparel Group is 7.87, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.07.

Price to Earnings Ratio vs. Sector

The P/E ratio of G-III Apparel Group is 7.87, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 14.54.

Price to Book Value per Share Ratio

G-III Apparel Group has a P/B Ratio of 0.93. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

11.25% of the float of G-III Apparel Group has been sold short.

Short Interest Ratio / Days to Cover

G-III Apparel Group has a short interest ratio ("days to cover") of 8.6.

Change versus previous month

Short interest in G-III Apparel Group has recently increased by 1.67%, indicating that investor sentiment is decreasing.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

G-III Apparel Group does not currently pay a dividend.

Dividend Growth

G-III Apparel Group does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

11.25% of the float of G-III Apparel Group has been sold short.

Short Interest Ratio / Days to Cover

G-III Apparel Group has a short interest ratio ("days to cover") of 8.6.

Change versus previous month

Short interest in G-III Apparel Group has recently increased by 1.67%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: 1.25

News Sentiment

G-III Apparel Group has a news sentiment score of 1.25. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.83 average news sentiment score of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for G-III Apparel Group this week, compared to 3 articles on an average week.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, G-III Apparel Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $5,189,524.00 in company stock.

Percentage Held by Insiders

12.40% of the stock of G-III Apparel Group is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

92.13% of the stock of G-III Apparel Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

GIII Stock Analysis - Frequently Asked Questions

How have GIII shares performed this year?

G-III Apparel Group's stock was trading at $33.98 at the beginning of 2024. Since then, GIII stock has decreased by 7.4% and is now trading at $31.48.
View the best growth stocks for 2024 here.

How were G-III Apparel Group's earnings last quarter?

G-III Apparel Group, Ltd. (NASDAQ:GIII) issued its quarterly earnings data on Thursday, September, 5th. The textile maker reported $0.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.25. The company's revenue for the quarter was down 2.3% compared to the same quarter last year.

When did G-III Apparel Group's stock split?

G-III Apparel Group's stock split on Monday, May 4th 2015. The 2-1 split was announced on Tuesday, April 7th 2015. The newly issued shares were distributed to shareholders after the market closes on Friday, May 1st 2015. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

Who are G-III Apparel Group's major shareholders?

G-III Apparel Group's top institutional shareholders include Pacer Advisors Inc. (11.14%), State Street Corp (3.65%), Charles Schwab Investment Management Inc. (2.36%) and Geode Capital Management LLC (2.23%). Insiders that own company stock include Morris Goldfarb, Jeffrey David Goldfarb, Sammy Aaron, Neal Nackman, Amigo Victor Herrero, Alan Feller and Laura H Pomerantz.
View institutional ownership trends.

How do I buy shares of G-III Apparel Group?

Shares of GIII stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of G-III Apparel Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that G-III Apparel Group investors own include NVIDIA (NVDA), Humana (HUM), Broadcom (AVGO), Meta Platforms (META), Arista Networks (ANET), American Water Works (AWK) and ServiceNow (NOW).

Company Calendar

• Last Earnings: 9/05/2024
• Today: 12/03/2024
• Next Earnings (Estimated): 12/03/2024
• Fiscal Year End: 1/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Consumer Discretionary
• Industry: Apparel, finished products from fabrics & similar materials
• Sub-Industry: Apparel Accessories & Luxury Goods
• Current Symbol: NASDAQ:GIII
• CUSIP: 36237H10
• CIK: 821002
• Web: www.giii.com
• Phone: (212) 403-0500
• Fax: 212-403-0551
• Employees: 4,600
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $30.00
• High Stock Price Target: $36.00
• Low Stock Price Target: $23.00
• Potential Upside/Downside: -5.1%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 6 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $4.00
• Trailing P/E Ratio: 7.90
• Forward P/E Ratio: 7.88
• P/E Growth: N/A
• Net Income: $176.17 million
• Net Margins: 6.04%
• Pretax Margin: 8.29%
• Return on Equity: 12.81%
• Return on Assets: 7.29%

Debt

• Debt-to-Equity Ratio: 0.27
• Current Ratio: 2.92
• Quick Ratio: 1.80

Sales & Book Value

• Annual Sales: $3.09 billion
• Price / Sales: 0.45
• Cash Flow: $5.07 per share
• Price / Cash Flow: 6.23
• Book Value: $33.90 per share
• Price / Book: 0.93

Miscellaneous

• Outstanding Shares: 43,885,000
• Free Float: 38,443,000
• Market Cap: $1.39 billion
• Optionable: Optionable
• Beta: 2.14