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NASDAQ:GIII

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

G-III Apparel Group logo
$28.56 -0.68 (-2.33%)
(As of 11/20/2024 ET)

About G-III Apparel Group Stock (NASDAQ:GIII)

Key Stats

Today's Range
$28.54
$29.29
50-Day Range
$28.49
$33.38
52-Week Range
$20.66
$35.68
Volume
469,031 shs
Average Volume
565,744 shs
Market Capitalization
$1.25 billion
P/E Ratio
7.14
Dividend Yield
N/A
Price Target
$30.00
Consensus Rating
Hold

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.

G-III Apparel Group Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
29th Percentile Overall Score

GIII MarketRank™: 

G-III Apparel Group scored higher than 29% of companies evaluated by MarketBeat, and ranked 246th out of 288 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • 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.

  • Read more about G-III Apparel Group's stock forecast and price target.
  • 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 7.14, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.33.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of G-III Apparel Group is 7.14, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 18.92.

  • Price to Book Value per Share Ratio

    G-III Apparel Group has a P/B Ratio of 0.84. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about G-III Apparel Group's valuation and earnings.
  • Percentage of Shares Shorted

    11.06% 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 8.5.
  • Change versus previous month

    Short interest in G-III Apparel Group has recently increased by 0.24%, indicating that investor sentiment is decreasing.
  • 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.

  • Percentage of Shares Shorted

    11.06% 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 8.5.
  • Change versus previous month

    Short interest in G-III Apparel Group has recently increased by 0.24%, indicating that investor sentiment is decreasing.
  • News Sentiment

    G-III Apparel Group has a news sentiment score of 0.89. 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 0.63 average news sentiment score of Consumer Discretionary companies.
  • News Coverage This Week

    MarketBeat has tracked 1 news article for G-III Apparel Group this week, compared to 3 articles on an average week.
  • 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.

  • Read more about G-III Apparel Group's insider trading history.
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GIII Stock News Headlines

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GIII Stock Analysis - Frequently Asked Questions

G-III Apparel Group's stock was trading at $33.98 at the beginning of the year. Since then, GIII stock has decreased by 16.0% and is now trading at $28.56.
View the best growth stocks for 2024 here
.

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

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

Top institutional investors of G-III Apparel Group 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
.

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.

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
11/20/2024
Next Earnings (Estimated)
12/03/2024
Fiscal Year End
1/31/2025

Industry, Sector and Symbol

Industry
Apparel, finished products from fabrics & similar materials
Sub-Industry
Apparel Accessories & Luxury Goods
Current Symbol
NASDAQ:GIII
CUSIP
36237H10
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
+5.0%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
6 Analysts

Profitability

Net Income
$176.17 million
Pretax Margin
8.29%

Debt

Sales & Book Value

Annual Sales
$3.10 billion
Cash Flow
$4.48 per share
Book Value
$33.90 per share

Miscellaneous

Free Float
38,443,000
Market Cap
$1.25 billion
Optionable
Optionable
Beta
2.19

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This page (NASDAQ:GIII) was last updated on 11/21/2024 by MarketBeat.com Staff
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