Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The price of G-III Apparel Group Ltd (NASDAQ: GIII) closed at $26.69 in the last session, down -1.29% from day before closing price of $27.04. In other words, the price has decreased by -$1.29 from its previous closing price. On the day, 0.83 million shares were traded.
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 11.19 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.86. 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:
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 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:
As of this moment, G-III’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.98, and their Forward P/E ratio for the next fiscal year is 6.47. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.38 while its Price-to-Book (P/B) ratio in mrq is 0.71.
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 -14.95%, while the 200-Day Moving Average is calculated to be -9.14%.
Shares Statistics:
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 99.80% stake in the company.
