G-III Apparel Group Ltd [GIII] stock is trading at $36.10, up 4.18%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The GIII shares have gain 14.89% over the last week, with a monthly amount glided 16.98%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
G-III Apparel Group Ltd [NASDAQ: GIII] stock has seen the most recent analyst activity on December 11, 2024, when Telsey Advisory Group reiterated its Market Perform rating and also boosted its price target to $38 from $32. Previously, Guggenheim started tracking the stock with Buy rating on October 09, 2024, and set its price target to $36. On September 06, 2024, Telsey Advisory Group reiterated its Market Perform rating and revised its price target to $32 on the stock. Telsey Advisory Group reiterated its Market Perform rating and decreased its price target to $29 on March 15, 2024. Barclays downgraded its rating to a Underweight and reduced its price target to $23 on March 04, 2024. Wells Fargo downgraded its rating to Underweight for this stock on January 16, 2024, and downed its price target to $24. In a note dated December 02, 2022, Telsey Advisory Group reiterated an Market Perform rating on this stock and revised its target price from $22 to $14.
G-III Apparel Group Ltd [GIII] stock has fluctuated between $20.66 and $35.68 over the past year. Currently, Wall Street analysts expect the stock to reach $36 within the next 12 months. G-III Apparel Group Ltd [NASDAQ: GIII] shares were valued at $36.10 at the most recent close of the market. An investor can expect a potential drop of -0.28% based on the average GIII price forecast.
Analyzing the GIII fundamentals
G-III Apparel Group Ltd [NASDAQ:GIII] reported sales of 3.11B for the trailing twelve months, which represents a growth of 1.84%. Gross Profit Margin for this corporation currently stands at 0.39% with Operating Profit Margin at 0.09%, Pretax Profit Margin comes in at 0.08%, and Net Profit Margin reading is 0.06%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.11 and Total Capital is 0.13. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.32.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 34.97 points at the first support level, and at 33.85 for the second support level. However, for the 1st resistance point, the stock is sitting at 36.70, and for the 2nd resistance point, it is at 37.31.
Ratios To Look Out For
For context, G-III Apparel Group Ltd’s Current Ratio is 2.63. As well, the Quick Ratio is 1.75, while the Cash Ratio is 0.17. Considering the valuation of this stock, the price to sales ratio is 0.53, the price to book ratio is 0.96 and price to earnings (TTM) ratio is 9.44.
Transactions by insiders
Recent insider trading involved GOLDFARB MORRIS, CEO, that happened on Sep 24 ’24 when 100000.0 shares were sold. CEO, GOLDFARB MORRIS completed a deal on Sep 26 ’24 to sell 67014.0 shares. Meanwhile, Officer MORRIS GOLDFARB & ARLENE GOLDF bought 67014.0 shares on Sep 26 ’24.
