Quarterly Metrics: Quick and Current Ratios for G-III Apparel Group Ltd (GIII)

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As of close of business last night, G-III Apparel Group Ltd’s stock clocked out at $33.67, down -1.23% from its previous closing price of $34.09. In other words, the price has decreased by -$1.23 from its previous closing price. On the day, 0.61 million shares were traded. GIII stock price reached its highest trading level at $34.74 during the session, while it also had its lowest trading level at $33.2.

Ratios:

To gain a deeper understanding of GIII’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.11 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.87. 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:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 1477665152 and an Enterprise Value of 1601255936. As of this moment, G-III’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.81, and their Forward P/E ratio for the next fiscal year is 8.17. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.48 while its Price-to-Book (P/B) ratio in mrq is 0.90. Its current Enterprise Value per Revenue stands at 0.519 whereas that against EBITDA is 4.89.

Stock Price History:

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 7.00%, while the 200-Day Moving Average is calculated to be 17.04%.

Shares Statistics:

It appears that GIII traded 455.09K shares on average per day over the past three months and 656330 shares per day over the past ten days. A total of 43.88M shares are outstanding, with a floating share count of 38.00M. Insiders hold about 13.42% of the company’s shares, while institutions hold 99.60% stake in the company. Shares short for GIII as of 1731628800 were 4265298 with a Short Ratio of 9.49, compared to 1728950400 on 4186198. Therefore, it implies a Short% of Shares Outstanding of 4265298 and a Short% of Float of 15.049999999999999.

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