NASDAQ:GIII - G-III Apparel Group Stock Price, News, & Analysis

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$32.85 -2.06 (-5.90 %)
(As of 12/9/2018 04:00 PM ET)
Previous Close$32.85
Today's Range$32.83 - $37.20
52-Week Range$30.36 - $51.20
Volume1.41 million shs
Average Volume803,757 shs
Market Capitalization$1.62 billion
P/E Ratio20.53
Dividend YieldN/A
Beta0.33
G-III Apparel Group, Ltd. designs, manufactures, and markets women's and men's apparel in the United States and internationally. The company operates in 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 brand names, including DKNY, Donna Karan, Andrew Marc, Marc New York, Vilebrequin, G.H. Bass, Black Rivet, Wilsons, Eliza J, Jessica Howard, G-III Sports by Carl Banks, and G-III for Her; and licensed brands, such as Calvin Klein, Tommy Hilfiger, Karl Lagerfeld Paris, Guess?, Kenneth Cole, Cole Haan, Levi's, Vince Camuto, Ivanka Trump, Kensie, and Dockers. It has licenses with the National Football League, Major League Baseball, National Basketball Association, National Hockey League, Touch by Alyssa Milano, Hands High, Collegiate Licensing Company, and Starter, as well as approximately 150 U.S. colleges and universities. The company offers its products to department, specialty, and mass merchant retail stores. As of January 31, 2018, it operated 367 leased retail stores, which included 165 Wilsons Leather stores, 139 G.H. Bass stores, 51 DKNY stores, 8 Karl Lagerfeld Paris stores, and 4 Calvin Klein Performance stores. The company also operates Wilsons Leather, G.H. Bass, and DKNY branded online stores. G-III Apparel Group, Ltd. was founded in 1956 and is based in New York, New York.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Apparel, finished products from fabrics & similar materials
Sub-IndustryApparel Accessories & Luxury Goods
SectorConsumer Discretionary
Current SymbolNASDAQ:GIII
Previous Symbol
CUSIP36237H10
Phone212-403-0500

Debt

Debt-to-Equity Ratio0.45
Current Ratio2.12
Quick Ratio0.99

Price-To-Earnings

Trailing P/E Ratio20.53
Forward P/E Ratio11.90
P/E Growth0.8

Sales & Book Value

Annual Sales$2.81 billion
Price / Sales0.58
Cash Flow$2.3908 per share
Price / Cash Flow13.74
Book Value$22.83 per share
Price / Book1.44

Profitability

EPS (Most Recent Fiscal Year)$1.60
Net Income$62.12 million
Net Margins3.75%
Return on Equity11.83%
Return on Assets6.28%

Miscellaneous

Employees9,071
Outstanding Shares49,180,000
Market Cap$1.62 billion
OptionableOptionable

G-III Apparel Group (NASDAQ:GIII) Frequently Asked Questions

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

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

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

Shares of G-III Apparel Group 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 distributed to shareholders after the closing bell on Friday, May 1st 2015. An investor that had 100 shares of G-III Apparel Group stock prior to the split would have 200 shares after the split.

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

G-III Apparel Group, Ltd. (NASDAQ:GIII) released its earnings results on Thursday, December, 6th. The textile maker reported $1.88 EPS for the quarter, beating the Zacks' consensus estimate of $1.81 by $0.07. The textile maker had revenue of $1.07 billion for the quarter, compared to analyst estimates of $1.08 billion. G-III Apparel Group had a net margin of 3.75% and a return on equity of 11.83%. The firm's quarterly revenue was up 4.7% on a year-over-year basis. During the same period in the previous year, the company posted $1.67 EPS. View G-III Apparel Group's Earnings History.

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

G-III Apparel Group is scheduled to release their next quarterly earnings announcement on Thursday, March 28th 2019. View Earnings Estimates for G-III Apparel Group.

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

G-III Apparel Group updated its FY19 earnings guidance on Thursday, December, 6th. The company provided earnings per share guidance of $2.67-2.77 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.61. The company issued revenue guidance of $3.08 billion, compared to the consensus revenue estimate of $3.06 billion.G-III Apparel Group also updated its FY 2019 guidance to $2.67-2.77 EPS.

What price target have analysts set for GIII?

10 Wall Street analysts have issued 12-month target prices for G-III Apparel Group's shares. Their forecasts range from $42.00 to $52.00. On average, they expect G-III Apparel Group's share price to reach $47.10 in the next twelve months. This suggests a possible upside of 43.4% from the stock's current price. View Analyst Price Targets for G-III Apparel Group.

What is the consensus analysts' recommendation for G-III Apparel Group?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for G-III Apparel Group in the last year. There are currently 2 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for G-III Apparel Group.

What are Wall Street analysts saying about G-III Apparel Group stock?

Here are some recent quotes from research analysts about G-III Apparel Group stock:
  • 1. According to Zacks Investment Research, "G-III Apparel outpaced the industry in the past year backed by its robust surprise trend powered by strategic initiatives. The company’s focus on acquisitions and partnerships along with efforts to build e-commerce and expand international operations bodes well. Further, the growing DKNY and Donna Karan brands are encouraging. The company is optimistic about the DKNY brand’s potential for international growth, while it also sees significant opportunity for product licensees. It is on track to improve retail operations by returning the Bass and Wilsons brands to profitability. Also, better-than-expected second-quarter fiscal 2019 results along with solid view instilled momentum in the stock. Notably, this was the third straight quarter of positive sales surprise and sixth consecutive earnings beat. Moreover, the improvement in gross margin is commendable. However, stiff competition and foreign exchange fluctuations remain woes." (11/13/2018)
  • 2. Piper Jaffray Companies analysts commented, "We are adjusting our MarQ rev/ EPS from $576M/$0.22 to $580M/$0.24, F18E from $2.5B/$1.20 to $2.5B/ $1.24, and F19E from $2.6B/$1.48 to $2.6B/$1.52 with modestly better revenue and GM slightly offset by higher share count. Reiterating our Buy and raising PT to $21, ~16.9x our F18E EPS." (2/1/2018)

Has G-III Apparel Group been receiving favorable news coverage?

News stories about GIII stock have trended somewhat positive on Sunday, InfoTrie reports. The research firm identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. G-III Apparel Group earned a daily sentiment score of 0.8 on InfoTrie's scale. They also gave news headlines about the textile maker a news buzz of 1.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the immediate future.

Who are some of G-III Apparel Group's key competitors?

Who are G-III Apparel Group's key executives?

G-III Apparel Group's management team includes the folowing people:
  • Mr. Morris Goldfarb, Chairman & CEO (Age 67)
  • Mr. Sammy Aaron, Vice Chairman & Pres (Age 59)
  • Mr. Neal S. Nackman, CFO & Treasurer (Age 58)
  • Mr. Wayne S. Miller, COO & Sec. (Age 60)
  • Mr. Jeffrey Goldfarb, Exec. VP, Director of Strategic Planning & Director (Age 41)

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

G-III Apparel Group's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (12.23%), Vanguard Group Inc. (8.84%), Dimensional Fund Advisors LP (8.31%), FMR LLC (6.59%), Columbus Circle Investors (2.83%) and Channing Capital Management LLC (2.80%). Company insiders that own G-III Apparel Group stock include Alan Feller, Bokhorst Willem Van, George John Davidson, Jeffrey David Goldfarb, Laura H Pomerantz, Morris Goldfarb, Sammy Aaron and Wayne S Miller. View Institutional Ownership Trends for G-III Apparel Group.

Which major investors are selling G-III Apparel Group stock?

GIII stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Columbus Circle Investors, Renaissance Technologies LLC, Penn Capital Management Co. Inc., WS Management Lllp, Macquarie Group Ltd., GSA Capital Partners LLP and TIAA CREF Investment Management LLC. Company insiders that have sold G-III Apparel Group company stock in the last year include Alan Feller, Bokhorst Willem Van, Jeffrey David Goldfarb, Laura H Pomerantz, Morris Goldfarb, Sammy Aaron and Wayne S Miller. View Insider Buying and Selling for G-III Apparel Group.

Which major investors are buying G-III Apparel Group stock?

GIII stock was bought by a variety of institutional investors in the last quarter, including Rothschild & Co. Asset Management US Inc., FMR LLC, Jennison Associates LLC, Copper Rock Capital Partners LLC, Vanguard Group Inc., Loomis Sayles & Co. L P, BlackRock Inc. and Robeco Institutional Asset Management B.V.. Company insiders that have bought G-III Apparel Group stock in the last two years include George John Davidson and Morris Goldfarb. View Insider Buying and Selling for G-III Apparel Group.

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

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

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

One share of GIII stock can currently be purchased for approximately $32.85.

How big of a company is G-III Apparel Group?

G-III Apparel Group has a market capitalization of $1.62 billion and generates $2.81 billion in revenue each year. The textile maker earns $62.12 million in net income (profit) each year or $1.60 on an earnings per share basis. G-III Apparel Group employs 9,071 workers across the globe.

What is G-III Apparel Group's official website?

The official website for G-III Apparel Group is http://www.giii.com.

How can I contact G-III Apparel Group?

G-III Apparel Group's mailing address is 512 SEVENTH AVE, NEW YORK NY, 10018. The textile maker can be reached via phone at 212-403-0500.


MarketBeat Community Rating for G-III Apparel Group (NASDAQ GIII)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  413 (Vote Outperform)
Underperform Votes:  332 (Vote Underperform)
Total Votes:  745
MarketBeat's community ratings are surveys of what our community members think about G-III Apparel Group and other stocks. Vote "Outperform" if you believe GIII will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GIII will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/9/2018 by MarketBeat.com Staff

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