Stock To Watch: G-III Apparel Group, LTD. (NASDAQ:GIII)


The leading market experts have placed a mean price target of $53.13 on G-III Apparel Group, LTD. (NASDAQ:GIII) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $2.02 a share for the upcoming quarter and $2.59 for the current fiscal. Technical View The technical analysis of G-III Apparel Group, LTD. plainly substantiates that the 50-day moving average of G-III Apparel Group, LTD. is $42.21, and stock is hovering 5.72 or +13.54% distant from $42.21. It is noted that the 200-day MA is $45.69, and G-III Apparel Group, LTD. stock is $2.24 or +4.91% off from this point. G-III Apparel Group, LTD. (NASDAQ:GIII) 52-week high is $73.93 and the 52-week low is $36.14. This explains if the stock moves $-26.00, it will post a 52-week high. In event of $+32.62% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of G-III Apparel Group, LTD., shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, G-III Apparel Group, LTD. (NASDAQ:GIII) ratio came in at 20.29. The stock last ended the trading session at $47.93 and registered a market cap of $2.18B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. G-III Apparel Group, LTD. (NASDAQ:GIII) PEG ratio is at 1.30.

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