Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
The closing price of G-III Apparel Group Ltd (NASDAQ: GIII) was $26.10 for the day, up 3.00% from the previous closing price of $25.34. In other words, the price has increased by $3.00 from its previous closing price. On the day, 1.65 million shares were traded. GIII stock price reached its highest trading level at $30.2489 during the session, while it also had its lowest trading level at $25.99.
Ratios:
Our analysis of GIII’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.94 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.77. For the most recent quarter (mrq), Quick Ratio is recorded 1.75 and its Current Ratio is at 2.63. In the meantime, Its Debt-to-Equity ratio is 0.32 whereas as Long-Term Debt/Eq ratio is at 0.28.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Telsey Advisory Group on December 11, 2024, Reiterated its Market Perform rating but revised its target price to $38 from $32 previously.
On October 09, 2024, Guggenheim started tracking the stock assigning a Buy rating and target price of $36.
Telsey Advisory Group reiterated its Market Perform rating for the stock on September 06, 2024, while the target price for the stock was revised from $29 to $32.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Sep 24 ’24 when GOLDFARB MORRIS sold 100,000 shares for $31.59 per share. The transaction valued at 3,159,000 led to the insider holds 3,990,085 shares of the business.
GOLDFARB MORRIS sold 67,014 shares of GIII for $2,030,524 on Sep 26 ’24. The CEO now owns 3,923,071 shares after completing the transaction at $30.30 per share. On Sep 26 ’24, another insider, MORRIS GOLDFARB & ARLENE GOLDF, who serves as the Officer of the company, bought 67,014 shares for $30.29 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GIII now has a Market Capitalization of 1145442944 and an Enterprise Value of 1533891200. As of this moment, G-III’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.83, and their Forward P/E ratio for the next fiscal year is 6.52. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.37 while its Price-to-Book (P/B) ratio in mrq is 0.69. Its current Enterprise Value per Revenue stands at 0.494 whereas that against EBITDA is 5.058.
Stock Price History:
The Beta on a monthly basis for GIII is 1.67, which has changed by -0.0034364462 over the last 52 weeks, in comparison to a change of 0.07903516 over the same period for the S&P500. Over the past 52 weeks, GIII has reached a high of $36.18, while it has fallen to a 52-week low of $20.66. The 50-Day Moving Average of the stock is -11.97%, while the 200-Day Moving Average is calculated to be -10.84%.
Shares Statistics:
GIII traded an average of 507.88K shares per day over the past three months and 711330 shares per day over the past ten days. A total of 43.88M shares are outstanding, with a floating share count of 38.18M. Insiders hold about 13.00% of the company’s shares, while institutions hold 100.55% stake in the company. Shares short for GIII as of 1740700800 were 5299075 with a Short Ratio of 10.43, compared to 1738281600 on 4555889. Therefore, it implies a Short% of Shares Outstanding of 5299075 and a Short% of Float of 18.7.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
