Breaking Down G-III Apparel Group: 7 Analysts Share Their Views

In the latest quarter, 7 analysts provided ratings for G-III Apparel Group GIII, showcasing a mix of bullish and bearish perspectives.

The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.

In the assessment of 12-month price targets, analysts unveil insights for G-III Apparel Group, presenting an average target of $28.43, a high estimate of $32.00, and a low estimate of $24.00. This upward trend is apparent, with the current average reflecting a 15.57% increase from the previous average price target of $24.60.

Deciphering Analyst Ratings: An In-Depth Analysis

An in-depth analysis of recent analyst actions unveils how financial experts perceive G-III Apparel Group. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to G-III Apparel Group. This insight gives a snapshot of analysts' perspectives on the current state of the company.
• Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of G-III Apparel Group compared to the broader market.
• Price Targets: Analysts predict movements in price targets, offering estimates for G-III Apparel Group's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.

Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into G-III Apparel Group's market standing. Stay informed and make well-considered decisions with our Ratings Table.

Stay up to date on G-III Apparel Group analyst ratings.

If you are interested in following small-cap stock news and performance you can start by tracking it here.

Discovering G-III Apparel Group: A Closer Look

G-III Apparel Group Ltd is a textile company. It makes a wide range of apparel, footwear, and accessories that it sells under its own brands, licensed brands, and private-label brands. G-III has a substantial portfolio for licensed and proprietary brands, anchored by five global power brands: DKNY, Donna Karan, Calvin Klein, Tommy Hilfiger, and Karl Lagerfeld. The company has two reportable operations: Wholesale Operations and Retail Operations. The Wholesale operations segment includes sales of products under brands licensed by us from third parties, as well as sales of products under its own brands and private label brands. The retail operations segment consists primarily of Wilsons Leather, G.H. Bass, and DKNY retail stores. It derives most of its revenues from Wholesale operations.

G-III Apparel Group's Economic Impact: An Analysis

Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.

Revenue Challenges: G-III Apparel Group's revenue growth over 3 months faced difficulties. As of 31 October, 2023, the company experienced a decline of approximately -1.04%. This indicates a decrease in top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Consumer Discretionary sector.

Net Margin: G-III Apparel Group's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 11.96%, the company showcases strong profitability and effective cost management.

Return on Equity (ROE): G-III Apparel Group's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 8.85%, the company showcases efficient use of equity capital and strong financial health.

Return on Assets (ROA): G-III Apparel Group's ROA excels beyond industry benchmarks, reaching 4.72%. This signifies efficient management of assets and strong financial health.

Debt Management: G-III Apparel Group's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.47.

What Are Analyst Ratings?

Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.

Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.

This article was generated by Benzinga's automated content engine and reviewed by an editor.