G-III Apparel Group (NASDAQ:GIII) will be posting its quarterly earnings results before the market opens on Thursday, March 21st. Analysts expect G-III Apparel Group to post earnings of $0.44 per share for the quarter.
NASDAQ GIII opened at $35.70 on Friday. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.55 and a current ratio of 2.54. G-III Apparel Group has a twelve month low of $25.43 and a twelve month high of $51.20. The company has a market cap of $1.77 billion, a P/E ratio of 22.31, a PEG ratio of 0.58 and a beta of 0.97.
Several equities research analysts recently weighed in on the company. KeyCorp restated a “buy” rating on shares of G-III Apparel Group in a research report on Sunday, December 9th. BidaskClub downgraded G-III Apparel Group from a “strong-buy” rating to a “buy” rating in a report on Saturday, December 8th. Zacks Investment Research downgraded G-III Apparel Group from a “hold” rating to a “sell” rating in a report on Thursday, February 28th. Bank of America started coverage on G-III Apparel Group in a report on Friday, March 1st. They issued a “buy” rating and a $45.00 target price on the stock. Finally, Barclays reissued a “hold” rating and issued a $43.00 target price on shares of G-III Apparel Group in a report on Friday, December 7th. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and eleven have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $45.83.
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About G-III Apparel Group
G-III Apparel Group, Ltd. designs, manufactures, and markets women's and men's apparel in the United States and internationally. The company operates in two segments, Wholesale Operations and Retail Operations. Its products include outerwear, dresses, sportswear, swimwear, women's suits, and women's performance wear; and women's handbags, footwear, small leather goods, cold weather accessories, and luggage.
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