A share price of G-III Apparel Group Ltd [GIII] is currently trading at $26.57, up 3.55%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The GIII shares have gain 0.72% over the last week, with a monthly amount drifted -12.19%, and not seem to be holding up well over a long-time horizon.
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 experienced fluctuations in its stock price throughout the past year between $20.66 and $36.18. 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 $26.57 at the most recent close of the market. An investor can expect a potential return of 35.49% based on the average GIII price forecast.
Analyzing the GIII fundamentals
Trailing Twelve Months sales for G-III Apparel Group Ltd [NASDAQ:GIII] were 3.11B which represents 1.84% growth. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.32.
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 25.70 points at the first support level, and at 24.84 for the second support level. However, for the 1st resistance point, the stock is sitting at 27.13, and for the 2nd resistance point, it is at 27.70.
Ratios To Look Out For
To put it in perspective, the Current Ratio for G-III Apparel Group Ltd [NASDAQ:GIII] is 2.63. Further, the Quick Ratio stands at 1.75, while the Cash Ratio is 0.17. Considering the valuation of this stock, the price to sales ratio is 0.38, the price to book ratio is 0.71 and price to earnings (TTM) ratio is 6.95.
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.
