Are Things Looking Up For G-III Apparel Group Ltd (NASDAQ: GIII)?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

Stocks Info

The company is listed on the NASDAQ and operates within the Apparel Manufacturing industry segment. The current market capitalization of G-III Apparel Group Ltd is $1.11B. A total of 0.68 million shares were traded on the day, compared to an average of 505.74K 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.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, GIII has a high of $36.18 and a low of $20.66.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on 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 $37.57, while its Total Shareholder’s Equity was $1.52B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. 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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