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PFE   43.59 (-0.39%)
PYPL   83.23 (+1.09%)
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NASDAQ:GIII

G-III Apparel Group - GIII Stock Forecast, Price & News

$16.53
-0.04 (-0.24%)
(As of 02/7/2023 12:00 AM ET)
Add
Compare
Today's Range
$16.18
$16.62
50-Day Range
$11.97
$21.63
52-Week Range
$11.60
$31.70
Volume
477,546 shs
Average Volume
603,486 shs
Market Capitalization
$785.01 million
P/E Ratio
4.59
Dividend Yield
N/A
Price Target
$19.13

G-III Apparel Group MarketRank™ Forecast

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
15.7% Upside
$19.13 Price Target
Short Interest
Healthy
6.50% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.96mentions of G-III Apparel Group in the last 14 days
Based on 4 Articles This Week
Insider Trading
Acquiring Shares
$3.51 M Bought Last Quarter
Proj. Earnings Growth
14.33%
From $2.93 to $3.35 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.20 out of 5 stars

Consumer Discretionary Sector

7th out of 267 stocks

Apparel, Finished Products From Fabrics & Similar Materials Industry

2nd out of 13 stocks

GIII stock logo

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

G-III Apparel Group Ltd. engages in the designing, sourcing, and marketing of women's apparel. The firm's product range includes outerwear, dresses, sportswear, swimwear, women's suits and performance wear, as well as handbags, footwear, small leather goods, cold weather accessories, and luggage. It operates through the Wholesale and Retail segments. The Wholesale segment includes sales of products under the company's owned, licensed, and private label brands, as well as sales related to the Vilebrequin business. The Retail segment consists primarily of direct sales to consumers through company-operated stores, DKNY and Karl Lagerfeld Paris stores, as well as the digital channels for DKNY, Donna Karan, Karl Lagerfeld Paris, G.H Bass, Andrew Marc, and Wilsons Leather. The company was founded by Aron Goldfarb in 1956 and is headquartered in New York, NY.

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GIII Stock News Headlines

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The next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…
Is G-III Apparel (GIII) a Smart Long-Term Buy?
A gold storm is coming…
“We are in the early stages of a mania – the calm before the storm.”...
Bear of the Day: GIII Apparel (GIII)
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GIII G-III Apparel Group, Ltd.
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Is G-III Apparel Group A Value Trap?
G-III Apparel Group: Q2 Earnings Insights
G-III Apparel Group (GIII) Misses Q2 Earnings Estimates
See More Headlines
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GIII Company Calendar

Last Earnings
11/30/2022
Today
2/07/2023
Next Earnings (Estimated)
3/16/2023
Fiscal Year End
1/31/2024

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
3,600
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$19.13
High Stock Price Forecast
$37.00
Low Stock Price Forecast
$13.00
Forecasted Upside/Downside
+15.7%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
8 Analysts

Profitability

Net Income
$200.59 million
Pretax Margin
7.25%

Debt

Sales & Book Value

Annual Sales
$2.77 billion
Cash Flow
$4.57 per share
Book Value
$31.29 per share

Miscellaneous

Free Float
42,930,000
Market Cap
$785.01 million
Optionable
Optionable
Beta
2.64

Social Links


Key Executives

  • Morris Goldfarb
    Chairman & Chief Executive Officer
  • Sammy Aaron
    Vice Chairman & President
  • Neal S. Nackman
    Chief Financial Officer & Treasurer
  • Jeffrey David Goldfarb
    Director, EVP & Director-Strategic Planning
  • Mike Brady
    Senior Vice President-Finance













GIII Stock - Frequently Asked Questions

Should I buy or sell G-III Apparel Group stock right now?

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for G-III Apparel Group in the last year. There are currently 6 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" GIII shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GIII, but not buy additional shares or sell existing shares.
View GIII analyst ratings
or view top-rated stocks.

What is G-III Apparel Group's stock price forecast for 2023?

8 brokerages have issued 1-year price targets for G-III Apparel Group's stock. Their GIII share price forecasts range from $13.00 to $37.00. On average, they anticipate the company's share price to reach $19.13 in the next twelve months. This suggests a possible upside of 15.7% from the stock's current price.
View analysts price targets for GIII
or view top-rated stocks among Wall Street analysts.

How have GIII shares performed in 2023?

G-III Apparel Group's stock was trading at $13.71 at the beginning of the year. Since then, GIII stock has increased by 20.6% and is now trading at $16.53.
View the best growth stocks for 2023 here
.

Are investors shorting G-III Apparel Group?

G-III Apparel Group saw a decrease in short interest in January. As of January 15th, there was short interest totaling 2,680,000 shares, a decrease of 13.3% from the December 31st total of 3,090,000 shares. Based on an average daily volume of 1,180,000 shares, the days-to-cover ratio is presently 2.3 days. Approximately 6.5% of the company's stock are sold short.
View G-III Apparel Group's Short Interest
.

When is G-III Apparel Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, March 16th 2023.
View our GIII earnings forecast
.

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

G-III Apparel Group, Ltd. (NASDAQ:GIII) released its earnings results on Wednesday, November, 30th. The textile maker reported $1.35 earnings per share for the quarter, missing analysts' consensus estimates of $1.85 by $0.50. The textile maker earned $1.08 billion during the quarter, compared to analysts' expectations of $1.07 billion. G-III Apparel Group had a net margin of 5.66% and a trailing twelve-month return on equity of 10.70%.

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 created shares were issued 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.

What guidance has G-III Apparel Group issued on next quarter's earnings?

G-III Apparel Group issued an update on its FY 2023 earnings guidance on Saturday, December, 31st. The company provided earnings per share (EPS) guidance of $2.90-$3.00 for the period, compared to the consensus earnings per share estimate of $3.58. The company issued revenue guidance of $3.15 billion-$3.15 billion, compared to the consensus revenue estimate of $3.12 billion.

What is Morris Goldfarb's approval rating as G-III Apparel Group's CEO?

116 employees have rated G-III Apparel Group Chief Executive Officer Morris Goldfarb on Glassdoor.com. Morris Goldfarb has an approval rating of 63% among the company's employees. This puts Morris Goldfarb in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. 53.0% of employees surveyed would recommend working at G-III Apparel Group to a friend.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other G-III Apparel Group investors own include Bank of America (BAC), Ciena (CIEN), Energy Transfer (ET), Boston Scientific (BSX), Advanced Micro Devices (AMD), Alibaba Group (BABA), Carnival Co. & (CCL), Gilead Sciences (GILD) and Intelsat (I).

What is G-III Apparel Group's stock symbol?

G-III Apparel Group trades on the NASDAQ under the ticker symbol "GIII."

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

G-III Apparel Group's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Ziegler Capital Management LLC (0.57%), Scout Investments Inc. (0.57%), Towerview LLC (0.44%), Assenagon Asset Management S.A. (0.36%), New York State Common Retirement Fund (0.19%) and New York State Teachers Retirement System (0.09%). Insiders that own company stock include Alan Feller, Amigo Victor Herrero, Jeffrey David Goldfarb, Laura H Pomerantz, Morris Goldfarb, Neal Nackman, Sammy Aaron, Thomas Brosig and Wayne S Miller.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is G-III Apparel Group's stock price today?

One share of GIII stock can currently be purchased for approximately $16.53.

How much money does G-III Apparel Group make?

G-III Apparel Group (NASDAQ:GIII) has a market capitalization of $785.01 million and generates $2.77 billion in revenue each year. The textile maker earns $200.59 million in net income (profit) each year or $3.60 on an earnings per share basis.

How many employees does G-III Apparel Group have?

The company employs 3,600 workers across the globe.

How can I contact G-III Apparel Group?

G-III Apparel Group's mailing address is 512 SEVENTH AVE, NEW YORK NY, 10018. The official website for the company is www.giii.com. The textile maker can be reached via phone at (212) 403-0500 or via fax at 212-403-0551.

This page (NASDAQ:GIII) was last updated on 2/7/2023 by MarketBeat.com Staff