In the latest trading session,, 0.54 million G-III Apparel Group Ltd (NASDAQ:GIII) shares changed hands as the company’s beta touched 1.46. With the company’s most recent per share price at $22.43 changed hands at -$0.08 or -0.33% at last look, the market valuation stands at $971.28M. GIII’s current price is a discount, trading about -61.3% off its 52-week high of $36.18. The share price had its 52-week low at $20.66, which suggests the last value was 7.89% up since then.
Analysts gave the G-III Apparel Group Ltd (GIII) stock a consensus recommendation rating of Hold, calculated at a mean rating of 3.00. If we narrow down to specifics, the data shows that 1 out of 6 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 3 recommended GIII as a Hold, 2 felt it is a Buy and 0 rated the stock as Underweight. G-III Apparel Group Ltd’s EPS for the current quarter is expected to be 0.11.
G-III Apparel Group Ltd (NASDAQ:GIII) trade information
Instantly GIII was in red as seen in intraday trades today. With action -21.83%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -31.22%, with the 5-day performance at -21.83% in the red. However, in the 30-day time frame, G-III Apparel Group Ltd (NASDAQ:GIII) is -16.13% down.
The consensus price target for the stock as assigned by Wall Street analysts is 23, meaning bulls need an upside of 2.48% from its recent market value. According to analyst projections, GIII’s forecast low is 13 with 36 as the target high. To hit the forecast high, the stock’s price needs a -60.5% plunge from its current level, while the stock would need to tank 42.04% for it to hit the projected low.
G-III Apparel Group Ltd (GIII) estimates and forecasts
Year-over-year growth is forecast to reach -2.08% down from the last financial year.
Consensus estimates given by 2 financial analysts project the company’s revenue in the current quarter to hit an average of 570.1M. 2 analysts are of the opinion that G-III Apparel Group Ltd’s revenue for the current quarter will be 1.1B. The company’s revenue for the corresponding quarters a year ago was 644.75M and 1.09B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -11.58%. The estimates for the next quarter sales put growth at 1.56%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 7.37%. The 2025 estimates are for G-III Apparel Group Ltd earnings to decrease by -33.28%, but the outlook for the next 5-year period is at -10.32% per year.
GIII Dividends
G-III Apparel Group Ltd is expected to release its next quarterly earnings report in July.
PACER ADVISORS, INC. holds the second largest percentage of outstanding shares, with 11.8169% or 5.27 million shares worth $142.57 million as of 2024-06-30.
Among Mutual Funds, the top two as of Jan 31, 2025 were Pacer Funds Trust-Pacer US Small Cap Cash Cows ETF and iShares Trust-iShares Core S&P Small-Cap ETF . With 2.65 shares estimated at $59.42 million under it, the former controlled 6.03% of total outstanding shares. On the other hand, iShares Trust-iShares Core S&P Small-Cap ETF held about 5.35% of the shares, roughly 2.35 shares worth around $52.64 million.
