G-III Apparel Group (GIII) Set to Announce Quarterly Earnings on Monday

G-III Apparel Group (NASDAQ:GIII) is scheduled to issue its quarterly earnings data before the market opens on Monday, March 26th. Analysts expect the company to announce earnings of $0.16 per share for the quarter.

G-III Apparel Group stock opened at $37.12 on Monday. The company has a quick ratio of 1.91, a current ratio of 3.52 and a debt-to-equity ratio of 0.66. G-III Apparel Group has a 12 month low of $18.00 and a 12 month high of $40.96. The company has a market cap of $1,821.89, a P/E ratio of 31.46, a price-to-earnings-growth ratio of 1.22 and a beta of 0.26.

GIII has been the subject of a number of research reports. KeyCorp reissued a “buy” rating and issued a $45.00 price target on shares of G-III Apparel Group in a research note on Thursday, January 11th. Piper Jaffray Companies reissued a “buy” rating on shares of G-III Apparel Group in a research note on Wednesday, January 10th. BidaskClub raised shares of G-III Apparel Group from a “hold” rating to a “buy” rating in a research note on Friday, December 22nd. Zacks Investment Research raised shares of G-III Apparel Group from a “hold” rating to a “buy” rating and set a $40.00 price target for the company in a research note on Friday, March 9th. Finally, Cowen set a $32.00 price target on shares of G-III Apparel Group and gave the stock a “hold” rating in a research note on Thursday, November 30th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and seven have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $35.45.

In other news, Director Bokhorst Willem Van sold 7,518 shares of the business’s stock in a transaction that occurred on Wednesday, December 27th. The shares were sold at an average price of $37.51, for a total value of $282,000.18. Following the completion of the sale, the director now directly owns 48,667 shares in the company, valued at approximately $1,825,499.17. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 9.60% of the company’s stock.

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G-III Apparel Group Company Profile

G-III Apparel Group, Ltd. designs, manufactures and markets a range of apparel products. The Company operates through two segments: wholesale operations and retail operations. Its apparel products include outerwear, dresses, sportswear, swimwear, women’s suits and women’s performance wear, as well as women’s handbags, footwear, small leather goods, cold weather accessories and luggage.

Earnings History for G-III Apparel Group (NASDAQ:GIII)

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