Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The price of G-III Apparel Group Ltd. (NASDAQ: GIII) closed at $26.83 in the last session, up 2.64% from day before closing price of $26.14. In other words, the price has increased by $2.64 from its previous closing price. On the day, 0.73 million shares were traded. GIII stock price reached its highest trading level at $27.4298 during the session, while it also had its lowest trading level at $26.65.
Ratios:
We take a closer look at GIII’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.37 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.03. For the most recent quarter (mrq), Quick Ratio is recorded 2.62 and its Current Ratio is at 3.79. In the meantime, Its Debt-to-Equity ratio is 0.43 whereas as Long-Term Debt/Eq ratio is at 0.38.
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 March 15, 2024, Reiterated its Market Perform rating but revised its target price to $29 from $30 previously.
On March 04, 2024, Barclays Downgraded its rating to Underweight which previously was Equal Weight and also lowered its target price recommendation from $30 to $23.
Wells Fargo Downgraded its Equal Weight to Underweight on January 16, 2024, whereas the target price for the stock was revised from $30 to $24.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Dec 15 ’23 when NACKMAN NEAL sold 31,762 shares for $35.29 per share. The transaction valued at 1,120,881 led to the insider holds 55,977 shares of the business.
POMERANTZ LAURA H sold 10,904 shares of GIII for $263,986 on Oct 16 ’23. The Director now owns 20,166 shares after completing the transaction at $24.21 per share. On Sep 11 ’23, another insider, FELLER ALAN, who serves as the Director of the company, sold 10,000 shares for $24.04 each. As a result, the insider received 240,400 and left with 29,357 shares of the company.
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 1207025408 and an Enterprise Value of 1346867456. As of this moment, G-III’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.00, and their Forward P/E ratio for the next fiscal year is 7.41. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.39 while its Price-to-Book (P/B) ratio in mrq is 0.79. Its current Enterprise Value per Revenue stands at 0.434 whereas that against EBITDA is 4.235.
Stock Price History:
The Beta on a monthly basis for GIII is 2.23, which has changed by 0.32756066 over the last 52 weeks, in comparison to a change of 0.23951602 over the same period for the S&P500. Over the past 52 weeks, GIII has reached a high of $35.68, while it has fallen to a 52-week low of $18.47. The 50-Day Moving Average of the stock is -3.66%, while the 200-Day Moving Average is calculated to be -6.44%.
Shares Statistics:
According to the various share statistics, GIII traded on average about 595.01K shares per day over the past 3-months and 657180 shares per day over the past 10 days. A total of 45.73M shares are outstanding, with a floating share count of 38.90M. Insiders hold about 13.54% of the company’s shares, while institutions hold 100.47% stake in the company. Shares short for GIII as of 1718323200 were 3861389 with a Short Ratio of 5.89, compared to 1715731200 on 4235904. Therefore, it implies a Short% of Shares Outstanding of 3861389 and a Short% of Float of 13.120000000000001.
