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


The leading market experts have placed a mean price target of $51.14 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 $2.58 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 $44.53, and stock is trading $-1.32 points away or -2.96% from its 50-day moving average of $44.53. Further it is trading $-2.34 or -5.15% away its 200-day moving average of $45.55. G-III Apparel Group, LTD. (NASDAQ:GIII) 52-week high is $71.18 and the 52-week low is $36.14.

This explains if the stock moves $-27.97, it will post a 52-week high. In event of +19.56% 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 18.29.

The stock last ended the trading session at $43.21 and registered a market cap of $1.97B. 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 1.22.

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