G-III Apparel Group Ltd (NASDAQ: GIII) on Monday, plunged -5.31% from the previous trading day, before settling in for the closing price of $25.60. Within the past 52 weeks, GIII’s price has moved between $20.66 and $36.18.
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It was noted that within the last five years, the titan of the Consumer Cyclical sector saw sales topped by 2.99%. The company achieved an average annual earnings per share of -4.40%. With a float of $37.69 million, this company’s outstanding shares have now reached $43.89 million.
The extent of productivity of a business whose workforce counts for 4600 workers is very important to gauge. In terms of profitability, gross margin is 40.11%, operating margin of 9.35%, and the pretax margin is 8.54%.
G-III Apparel Group Ltd (GIII) Insider and Institutional Ownership
Observing investor behavior towards Apparel Manufacturing industry stocks is more important than anything else. The insider ownership of G-III Apparel Group Ltd is 14.11%, while institutional ownership is 100.43%. 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) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.46 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -4.40% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -5.89% during the next five years compared to 7.37% growth over the previous five years of trading.
G-III Apparel Group Ltd (NASDAQ: GIII) Trading Performance Indicators
G-III Apparel Group Ltd (GIII) is currently performing well based on its current performance indicators. A quick ratio of 1.68 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.33. Likewise, its price to free cash flow for the trailing twelve months is 3.87.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.28, a number that is poised to hit 0.10 in the next quarter and is forecasted to reach 4.02 in one year’s time.
Technical Analysis of G-III Apparel Group Ltd (GIII)
The latest stats from [G-III Apparel Group Ltd, GIII] show that its last 5-days average volume of 0.9 million was superior to 0.57 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 18.74%. Additionally, its Average True Range was 1.44.
During the past 100 days, G-III Apparel Group Ltd’s (GIII) raw stochastic average was set at 3.79%, which indicates a significant decrease from 10.62% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 53.04% in the past 14 days, which was higher than the 40.42% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $27.96, while its 200-day Moving Average is $29.13. Now, the first resistance to watch is $25.46. This is followed by the second major resistance level at $26.67. The third major resistance level sits at $27.52. If the price goes on to break the first support level at $23.40, it is likely to go to the next support level at $22.55. The third support level lies at $21.34 if the price breaches the second support level.
G-III Apparel Group Ltd (NASDAQ: GIII) Key Stats
Market capitalization of the company is 1.06 billion based on 43,883K outstanding shares. Right now, sales total 3,181 M and income totals 193,570 K. The company made 839,530 K in profit during its latest quarter, and 48,780 K in sales during its previous quarter.
