G Iii Apparel Group Stock Today
| GIII Stock | USD 28.56 0.68 2.33% |
Performance3 of 100
| Odds Of DistressLess than 9
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G III is trading at 28.56 as of the 21st of November 2024. This is a 2.33 percent decrease since the beginning of the trading day. The stock's open price was 29.24. G III has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for G III Apparel Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 22nd of October 2024 and ending today, the 21st of November 2024. Click here to learn more.
Business Domain Consumer Durables & Apparel | IPO Date 14th of December 1989 | Category Consumer Cyclical | Classification Consumer Discretionary |
G-III Apparel Group, Ltd. designs, sources, and markets womens and mens apparel in the United States and internationally. G-III Apparel Group, Ltd. was founded in 1956 and is headquartered in New York, New York. G-III Apparel operates under Apparel Manufacturing classification in the United States and is traded on NASDAQ Exchange. The company has 43.88 M outstanding shares of which 4.2 M shares are currently shorted by private and institutional investors with about 10.71 trading days to cover. More on G III Apparel Group
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GIII Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| Vice Chairman of the Board | Sammy Aaron | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Apparel (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Apparel, Accessories & Luxury Goods, Consumer Durables & Apparel, Consumer Discretionary, SP Small-Cap 600, NASDAQ Composite, NASDAQ Composite Total, Apparel, Consumer Discretionary, Textiles, Apparel & Luxury Goods, Apparel Manufacturing, Consumer Cyclical (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsG III can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand G III's financial leverage. It provides some insight into what part of G III's total assets is financed by creditors.
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G III Apparel Group (GIII) is traded on NASDAQ Exchange in USA. It is located in 512 Seventh Avenue, New York, NY, United States, 10018 and employs 3,500 people. G III is listed under Apparel, Accessories & Luxury Goods category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.25 B. G III Apparel conducts business under Textiles, Apparel & Luxury Goods sector and is part of Consumer Discretionary industry. The entity has 43.88 M outstanding shares of which 4.2 M shares are currently shorted by private and institutional investors with about 10.71 trading days to cover.
G III Apparel Group currently holds about 150.98 M in cash with 587.58 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.18.
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Ownership AllocationThe majority of G III Apparel outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in G III to benefit from reduced commissions. Hence, third-party entities are subject to a different set of regulations than regular investors in G III Apparel Group. Please pay attention to any change in the institutional holdings of G III Apparel as this could imply that something significant has changed or is about to change at the company.
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GIII Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Amvescap Plc. | 2024-06-30 | 839.1 K | |
| Lsv Asset Management | 2024-09-30 | 811.6 K | |
| Prudential Financial Inc | 2024-09-30 | 752.7 K | |
| Bragg Financial Advisors Inc | 2024-06-30 | 511.1 K | |
| Bridgeway Capital Management, Llc | 2024-06-30 | 445.1 K | |
| Goldman Sachs Group Inc | 2024-06-30 | 434.8 K | |
| Northern Trust Corp | 2024-09-30 | 427.7 K | |
| Bank Of America Corp | 2024-06-30 | 406.2 K | |
| D. E. Shaw & Co Lp | 2024-06-30 | 380.2 K | |
| Blackrock Inc | 2024-06-30 | 7.7 M | |
| Pacer Advisors, Inc. | 2024-06-30 | 5.3 M |
G III Historical Income Statement
GIII Stock Against Markets
G III Corporate Executives
Elected by the shareholders, the G III's board of directors comprises two types of representatives: G III inside directors who are chosen from within the company, and outside directors, selected externally and held independent of GIII. The board's role is to monitor G III's management team and ensure that shareholders' interests are well served. G III's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, G III's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Neal Nackman | CFO, Principal Accounting Officer and Treasurer | Profile | |
| Wayne Miller | COO and Secretary | Profile |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in G III Apparel Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Apparel, Accessories & Luxury Goods space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of G III. If investors know GIII will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about G III listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.514 | Earnings Share 3.98 | Revenue Per Share 68.024 | Quarterly Revenue Growth (0.02) | Return On Assets 0.0696 |
The market value of G III Apparel is measured differently than its book value, which is the value of GIII that is recorded on the company's balance sheet. Investors also form their own opinion of G III's value that differs from its market value or its book value, called intrinsic value, which is G III's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because G III's market value can be influenced by many factors that don't directly affect G III's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between G III's value and its price as these two are different measures arrived at by different means. Investors typically determine if G III is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, G III's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.