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

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$41.76 -0.34 (-0.81 %)

(As of 11/16/2018 04:00 PM ET)

Previous Close$42.10

Today's Range$40.63 - $41.95

52-Week Range$25.54 - $51.20

Volume646,636 shs

Average Volume641,409 shs

Market Capitalization$2.02 billion

P/E Ratio26.10

Dividend YieldN/A

Beta0.35

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

Webwww.giii.com

Phone212-403-0500

Debt

Debt-to-Equity Ratio0.45

Current Ratio2.12

Quick Ratio0.99

Price-To-Earnings

Trailing P/E Ratio26.10

Forward P/E Ratio16.00

P/E Growth1.05

Sales & Book Value

Annual Sales$2.81 billion

Price / Sales0.73

Cash Flow$2.4307 per share

Price / Cash17.18

Book Value$22.83 per share

Price / Book1.83

Profitability

EPS (Most Recent Fiscal Year)$1.60

Net Income$62.12 million

Net Margins3.39%

Return on Equity10.67%

Return on Assets5.55%

Miscellaneous

Employees9,071

Outstanding Shares49,180,000

Market Cap$2.02 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?

G-III Apparel Group shares 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 market closes 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) issued its earnings results on Thursday, September, 6th. The textile maker reported $0.22 EPS for the quarter, beating the Zacks' consensus estimate of $0.03 by $0.19. The textile maker had revenue of $624.70 million for the quarter, compared to analysts' expectations of $590.16 million. G-III Apparel Group had a return on equity of 10.67% and a net margin of 3.39%. The company's quarterly revenue was up 16.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.15) 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 Tuesday, December 4th 2018. 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, September, 6th. The company provided earnings per share guidance of $2.52-2.62 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.37. The company issued revenue guidance of $3.06 billion, compared to the consensus revenue estimate of $2.99 billion.G-III Apparel Group also updated its Q3 guidance to $1.72-1.82 EPS.

What price target have analysts set for GIII?

10 equities research analysts have issued 12 month price targets for G-III Apparel Group's shares. Their forecasts range from $42.00 to $58.00. On average, they anticipate G-III Apparel Group's stock price to reach $50.10 in the next twelve months. This suggests a possible upside of 20.0% 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 coverage about GIII stock has been trending positive this week, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. G-III Apparel Group earned a daily sentiment score of 2.1 on InfoTrie's scale. They also assigned news articles about the textile maker a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the near term.

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

Some companies that are related to G-III Apparel Group include Gildan Activewear (GIL), Canada Goose (GOOS), Columbia Sportswear (COLM), Carter's (CRI), LI NING Co Ltd/ADR (LNNGY), Superior Group of Companies (SGC), Jerash Holdings (US) (JRSH), Centric Brands (CTRC), Sequential Brands Group (SQBG), Ever-Glory International Group (EVK), Differential Brands Group (DFBG) and Tandy Brands Accessories (TBACQ).

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 a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (12.23%), Dimensional Fund Advisors LP (8.31%), FMR LLC (6.59%), Columbus Circle Investors (2.83%), Channing Capital Management LLC (2.80%) and Standard Life Aberdeen plc (2.70%). 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 Columbus Circle Investors, Renaissance Technologies LLC, WS Management Lllp, Macquarie Group Ltd., GSA Capital Partners LLP, TIAA CREF Investment Management LLC, Channing Capital Management LLC and Laurion Capital Management LP. 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, Loomis Sayles & Co. L P, BlackRock Inc., Robeco Institutional Asset Management B.V. 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 $41.76.

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

G-III Apparel Group has a market capitalization of $2.02 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 ( )
Outperform Votes:		404 (Vote Outperform)
Underperform Votes:		325 (Vote Underperform)
Total Votes:		729

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 11/16/2018 by MarketBeat.com Staff