There’s No Getting Around G-III Apparel Group Ltd (NASDAQ: GIII) Success

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

Stocks Info

GIII belongs to the Consumer Cyclical sector of the NASDAQ while operating in the Apparel Manufacturing industry. The current market capitalization of G-III Apparel Group Ltd is $1.23B. A total of 0.51 million shares were traded on the day, compared to an average of 595.88K shares.

In the most recent transaction, GOLDFARB MORRIS sold 100,000 shares of GIII for 31.59 per share on Sep 24 ’24. After the transaction, the CEO now owns 3,990,085 company shares. In a previous transaction on Sep 26 ’24, GOLDFARB MORRIS sold 67,014 shares at 30.30 per share. GIII shares that CEO owns now total 3,923,071.

Among the insiders who bought shares, MORRIS GOLDFARB & ARLENE GOLDF acquired of 67,014 shares on Sep 26 ’24 at a per-share price of $30.29. In another insider transaction, MORRIS GOLDFARB& ARLENE GOLDFA bought 100,000 shares at $31.59 per share on Sep 24 ’24.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, GIII has a high of $36.18 and a low of $20.66.

As of this writing, GIII has an earnings estimate of $0.11 per share for the current quarter. EPS was calculated based on a consensus of 4.0 estimates, with a high estimate of $0.15 per share and a lower estimate of $0.08.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. GIII’s latest balance sheet shows that the firm has $465.98M in Cash & Short Term Investments as of fiscal 2022. There were $705.21M in debt and $510.81M in liabilities at the time. Its Book Value Per Share was $38.27, while its Total Shareholder’s Equity was $1.52B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for GIII is Buy with a score of 3.40.

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