G-III Apparel Group, Ltd. (NASDAQ:GIII – Free Report) – Equities research analysts at Telsey Advisory Group upped their FY2025 EPS estimates for G-III Apparel Group in a research report issued on Wednesday, December 11th. Telsey Advisory Group analyst D. Telsey now expects that the textile maker will post earnings per share of $4.16 for the year, up from their previous forecast of $4.01. Telsey Advisory Group currently has a “Market Perform” rating and a $32.00 price target on the stock. The consensus estimate for G-III Apparel Group’s current full-year earnings is $4.15 per share. Telsey Advisory Group also issued estimates for G-III Apparel Group’s Q4 2025 earnings at $0.97 EPS, Q1 2026 earnings at $0.09 EPS, Q2 2026 earnings at $0.54 EPS and FY2026 earnings at $4.21 EPS.
Other research analysts have also issued reports about the stock. KeyCorp raised their price objective on shares of G-III Apparel Group from $34.00 to $40.00 and gave the stock an “overweight” rating in a report on Wednesday. Barclays increased their price objective on shares of G-III Apparel Group from $27.00 to $29.00 and gave the company an “underweight” rating in a report on Wednesday. StockNews.com raised shares of G-III Apparel Group from a “hold” rating to a “buy” rating in a research note on Monday, December 2nd. Finally, Guggenheim increased their target price on G-III Apparel Group from $36.00 to $38.00 and gave the company a “buy” rating in a report on Wednesday. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $32.17.
G-III Apparel Group Trading Up 4.2 %
GIII opened at $36.10 on Friday. The firm’s 50 day moving average is $31.09 and its 200-day moving average is $28.81. The firm has a market capitalization of $1.58 billion, a P/E ratio of 9.48 and a beta of 2.14. G-III Apparel Group has a 52-week low of $20.66 and a 52-week high of $36.18. The company has a quick ratio of 1.80, a current ratio of 2.63 and a debt-to-equity ratio of 0.13.
G-III Apparel Group (NASDAQ:GIII – Get Free Report) last announced its quarterly earnings data on Tuesday, December 10th. The textile maker reported $2.59 earnings per share for the quarter, topping the consensus estimate of $2.26 by $0.33. G-III Apparel Group had a net margin of 5.59% and a return on equity of 11.66%. The business had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.10 billion. During the same period in the prior year, the firm posted $2.78 EPS. The company’s revenue was up 1.9% on a year-over-year basis.
Insider Activity
In related news, CEO Morris Goldfarb sold 67,014 shares of the business’s stock in a transaction that occurred on Thursday, September 26th. The stock was sold at an average price of $30.30, for a total transaction of $2,030,524.20. Following the transaction, the chief executive officer now directly owns 3,923,071 shares of the company’s stock, valued at approximately $118,869,051.30. The trade was a 1.68 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 12.40% of the company’s stock.
Institutional Trading of G-III Apparel Group
Several hedge funds and other institutional investors have recently bought and sold shares of the business. Dimensional Fund Advisors LP lifted its stake in G-III Apparel Group by 4.7% in the 2nd quarter. Dimensional Fund Advisors LP now owns 3,376,310 shares of the textile maker’s stock valued at $91,396,000 after purchasing an additional 151,425 shares during the last quarter. American Century Companies Inc. boosted its holdings in G-III Apparel Group by 15.6% during the second quarter. American Century Companies Inc. now owns 1,147,175 shares of the textile maker’s stock worth $31,054,000 after purchasing an additional 155,079 shares during the last quarter. Charles Schwab Investment Management Inc. increased its position in G-III Apparel Group by 0.6% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,036,158 shares of the textile maker’s stock worth $31,624,000 after buying an additional 6,598 shares during the last quarter. Geode Capital Management LLC grew its position in shares of G-III Apparel Group by 1.2% in the third quarter. Geode Capital Management LLC now owns 977,331 shares of the textile maker’s stock valued at $29,833,000 after purchasing an additional 11,196 shares in the last quarter. Finally, LSV Asset Management lifted its holdings in shares of G-III Apparel Group by 0.6% in the second quarter. LSV Asset Management now owns 851,683 shares of the textile maker’s stock worth $23,055,000 after buying an additional 5,200 shares in the last quarter. Institutional investors and hedge funds own 92.13% of the company’s stock.
About G-III Apparel Group
G-III Apparel Group, Ltd. designs, sources, and markets women's and men's apparel in the United States and internationally. The company operates through two segments, Wholesale Operations and Retail Operations. Its products include outerwear, dresses, sportswear, swimwear, women's suits, and women's performance wear; and women's handbags, footwear, small leather goods, cold weather accessories, and luggage.
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