A number of research firms have changed their ratings and price targets for G-III Apparel Group (NASDAQ: GIII):

  • 9/14/2016 – G-III Apparel Group was downgraded by analysts at TheStreet from a “buy” rating to a “hold” rating.
  • 9/1/2016 – G-III Apparel Group had its “buy” rating reaffirmed by analysts at Brean Capital. They now have a $41.00 price target on the stock.
  • 8/31/2016 – G-III Apparel Group was downgraded by analysts at Stifel Nicolaus from a “hold” rating to a “sell” rating. They now have a $28.00 price target on the stock.
  • 8/31/2016 – G-III Apparel Group had its price target lowered by analysts at Telsey Advisory Group from $45.00 to $37.00. They now have a “market perform” rating on the stock.
  • 8/30/2016 – G-III Apparel Group had its price target lowered by analysts at Piper Jaffray Cos. from $48.00 to $31.00. They now have a “neutral” rating on the stock.
  • 8/26/2016 – G-III Apparel Group was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “G-III Apparel Group, Ltd. designs, manufactures, imports & markets an extensive range of leather & non-leather apparel including coats, jackets, pants, skirts & other sportswear items. “
  • 7/26/2016 – G-III Apparel Group was downgraded by analysts at Telsey Advisory Group from an “outperform” rating to a “market perform” rating. They now have a $45.00 price target on the stock, down previously from $54.00.
  • 7/26/2016 – G-III Apparel Group was downgraded by analysts at Cowen and Company from an “outperform” rating to a “market perform” rating. They now have a $43.00 price target on the stock.
  • 7/26/2016 – G-III Apparel Group had its “buy” rating reaffirmed by analysts at Brean Capital. They now have a $51.00 price target on the stock.
  • 7/26/2016 – G-III Apparel Group was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “G-III Apparel Group, Ltd. designs, manufactures, imports & markets an extensive range of leather & non-leather apparel including coats, jackets, pants, skirts & other sportswear items. “
  • 7/25/2016 – G-III Apparel Group was downgraded by analysts at Piper Jaffray Cos. from an “overweight” rating to a “neutral” rating. They now have a $48.00 price target on the stock.

G-III Apparel Group Ltd. (NASDAQ:GIII) traded up 2.61% during trading on Wednesday, hitting $30.29. The stock had a trading volume of 522,391 shares. G-III Apparel Group Ltd. has a one year low of $28.77 and a one year high of $69.26. The stock’s 50-day moving average is $37.10 and its 200 day moving average is $43.13. The firm has a market cap of $1.39 billion, a price-to-earnings ratio of 14.73 and a beta of 0.92.

G-III Apparel Group (NASDAQ:GIII) last issued its quarterly earnings data on Tuesday, August 30th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by $0.21. The firm had revenue of $442.30 million for the quarter, compared to analyst estimates of $484.85 million. G-III Apparel Group had a return on equity of 10.91% and a net margin of 4.13%. The business’s revenue for the quarter was down 6.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.27 earnings per share. Equities analysts anticipate that G-III Apparel Group Ltd. will post $2.14 earnings per share for the current year.

G-III Apparel Group, Ltd. (G-III) designs, manufactures and markets a range of apparel products. The Company operates through two segments: wholesale operations, which consists of its licensed products and non-licensed products, and includes sales of products under brands licensed by the Company from third parties, as well as sales of products under its own brands and private label brands, and retail operations, which consists of the Wilsons Leather and G.H.

5 Day Chart for NASDAQ:GIII

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