A new trading day began on Friday, with G-III Apparel Group Ltd (NASDAQ: GIII) stock price up 1.05% from the previous day of trading, before settling in for the closing price of $30.59. GIII’s price has ranged from $20.66 to $36.18 over the past 52 weeks.
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During the last 5-year period, the sales growth of Consumer Cyclical Sector giant was 3.01%. Meanwhile, its annual earnings per share averaged 2.79%. With a float of $38.00 million, this company’s outstanding shares have now reached $43.88 million.
Let’s determine the extent of company efficiency that accounts for 4600 employees. In terms of profitability, gross margin is 39.2%, operating margin of 8.96%, and the pretax margin is 7.8%.
G-III Apparel Group Ltd (GIII) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Apparel Manufacturing Industry. The insider ownership of G-III Apparel Group Ltd is 13.42%, while institutional ownership is 99.68%. The most recent insider transaction that took place on Sep 24 ’24, was worth 3,159,000. In this transaction CEO of this company sold 100,000 shares at a rate of $31.59, taking the stock ownership to the 3,990,085 shares. Before that another transaction happened on Sep 26 ’24, when Company’s CEO sold 67,014 for $30.30, making the entire transaction worth $2,030,524. This insider now owns 3,923,071 shares in total.
G-III Apparel Group Ltd (GIII) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.08 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 2.79% per share during the next fiscal year.
G-III Apparel Group Ltd (NASDAQ: GIII) Trading Performance Indicators
Here are G-III Apparel Group Ltd’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.75. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.44. Likewise, its price to free cash flow for the trailing twelve months is 4.47.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.82, a number that is poised to hit 0.96 in the next quarter and is forecasted to reach 4.13 in one year’s time.
Technical Analysis of G-III Apparel Group Ltd (GIII)
Looking closely at G-III Apparel Group Ltd (NASDAQ: GIII), its last 5-days average volume was 0.38 million, which is a jump from its year-to-date volume of 0.35 million. As of the previous 9 days, the stock’s Stochastic %D was 45.45%. Additionally, its Average True Range was 1.22.
During the past 100 days, G-III Apparel Group Ltd’s (GIII) raw stochastic average was set at 53.57%, which indicates a significant increase from 42.40% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.93% in the past 14 days, which was lower than the 48.86% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $31.81, while its 200-day Moving Average is $29.11. However, in the short run, G-III Apparel Group Ltd’s stock first resistance to watch stands at $31.25. Second resistance stands at $31.59. The third major resistance level sits at $31.96. If the price goes on to break the first support level at $30.55, it is likely to go to the next support level at $30.18. Now, if the price goes above the second support level, the third support stands at $29.84.
G-III Apparel Group Ltd (NASDAQ: GIII) Key Stats
With a market capitalization of 1.36 billion, the company has a total of 43,887K Shares Outstanding. Currently, annual sales are 3,098 M while annual income is 176,170 K. The company’s previous quarter sales were 1,087 M while its latest quarter income was 114,770 K.
