G-III Apparel Group Ltd (NASDAQ: GIII) kicked off on Tuesday, down -3.50% from the previous trading day, before settling in for the closing price of $28.02. Over the past 52 weeks, GIII has traded in a range of $20.66-$36.18.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Cyclical sector was 3.07%. While this was happening, its average annual earnings per share was recorded 2.79%. With a float of $38.18 million, this company’s outstanding shares have now reached $43.88 million.
Considering the fact that the conglomerate employs 4600 people, you should pay attention to its efficiency factor. 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) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Apparel Manufacturing Industry. The insider ownership of G-III Apparel Group Ltd is 13.00%, while institutional ownership is 99.80%. 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) Earnings and Forecasts
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. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -1.18% during the next five years compared to 6.42% growth over the previous five years of trading.
G-III Apparel Group Ltd (NASDAQ: GIII) Trading Performance Indicators
Take a look at G-III Apparel Group Ltd’s (GIII) current performance indicators. Last quarter, 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 0.38. Likewise, its price to free cash flow for the trailing twelve months is 3.91.
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)
Compared to the last year’s volume of 0.4 million, its volume of 0.49 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 2.83%. Additionally, its Average True Range was 1.15.
During the past 100 days, G-III Apparel Group Ltd’s (GIII) raw stochastic average was set at 0.54%, which indicates a significant decrease from 1.32% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 26.88% in the past 14 days, which was lower than the 37.13% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $31.55, while its 200-day Moving Average is $29.38. Nevertheless, the first resistance level for the watch stands at $29.10 in the near term. At $31.15, the stock is likely to face the second major resistance level. The third major resistance level sits at $32.21. If the price goes on to break the first support level at $25.99, it is likely to go to the next support level at $24.93. Should the price break the second support level, the third support level stands at $22.88.
G-III Apparel Group Ltd (NASDAQ: GIII) Key Stats
The company with the Market Capitalisation of 1.19 billion has total of 43,887K Shares Outstanding. Its annual sales at the moment are 3,098 M in contrast with the sum of 176,170 K annual income. Company’s last quarter sales were recorded 1,087 M and last quarter income was 114,770 K.
