Investors sentiment decreased to 0.96 in Q2 2019. Its down 0.15, from 1.11 in 2019Q1. It dropped, as 40 investors sold G-III Apparel Group, Ltd. shares while 58 reduced holdings. 28 funds opened positions while 66 raised stakes. 47.24 million shares or 1.23% less from 47.83 million shares in 2019Q1 were reported.
Riverhead Cap Management Lc holds 0.01% of its portfolio in G-III Apparel Group, Ltd. (NASDAQ:GIII) for 5,131 shares. Cubist Systematic Strategies Limited Liability Com reported 0.03% in G-III Apparel Group, Ltd. (NASDAQ:GIII). Argent Mgmt Limited Liability has 0.15% invested in G-III Apparel Group, Ltd. (NASDAQ:GIII) for 134,470 shares. Swiss State Bank invested in 0% or 78,100 shares. Dimensional Fund Advisors Ltd Partnership holds 0.05% or 4.13M shares in its portfolio. Walleye Trading Ltd Liability stated it has 0.02% in G-III Apparel Group, Ltd. (NASDAQ:GIII). Pinebridge Limited Partnership holds 0.02% or 37,467 shares in its portfolio. Northern Tru holds 0% or 619,941 shares in its portfolio. Amer Gp invested in 0% or 33,492 shares. Great West Life Assurance Can holds 0% or 58,579 shares. Zacks Mngmt has 0.02% invested in G-III Apparel Group, Ltd. (NASDAQ:GIII). 23,894 were reported by Quantbot Technologies Lp. Ws Mgmt Lllp owns 0.6% invested in G-III Apparel Group, Ltd. (NASDAQ:GIII) for 316,117 shares. Moreover, Invesco has 0.02% invested in G-III Apparel Group, Ltd. (NASDAQ:GIII) for 2.46 million shares. Citigroup invested in 0% or 35,180 shares.
Since June 13, 2019, it had 2 insider purchases, and 0 insider sales for $2.09 million activity.
The stock of G-III Apparel Group, Ltd. (NASDAQ:GIII) is a huge mover today! The stock decreased 2.17% or $0.62 during the last trading session, reaching $27.89. About 2.22 million shares traded or 236.16% up from the average. G-III Apparel Group, Ltd. (NASDAQ:GIII) has declined 36.04% since December 4, 2018 and is downtrending. It has underperformed by 36.04% the S&P500.
The move comes after 9 months negative chart setup for the $1.33 billion company. It was reported on Dec, 4 by Barchart.com. We have $25.94 PT which if reached, will make NASDAQ:GIII worth $93.24 million less.
Analysts await G-III Apparel Group, Ltd. (NASDAQ:GIII) to report earnings on December, 5. They expect $1.95 EPS, up 3.72 % or $0.07 from last year’s $1.88 per share. GIII’s profit will be $93.13 million for 3.58 P/E if the $1.95 EPS becomes a reality. After $0.23 actual EPS reported by G-III Apparel Group, Ltd. for the previous quarter, Wall Street now forecasts 747.83 % EPS growth.
G-III Apparel Group, Ltd. (NASDAQ:GIII) Ratings Coverage
Among 7 analysts covering G-III Apparel Group (NASDAQ:GIII), 2 have Buy rating, 0 Sell and 5 Hold. Therefore 29% are positive. G-III Apparel Group has $4300 highest and $2000 lowest target. $27.67’s average target is -0.79% below currents $27.89 stock price. G-III Apparel Group had 11 analyst reports since June 6, 2019 according to SRatingsIntel. The rating was downgraded by Stifel Nicolaus to “Hold” on Thursday, August 29. The firm earned “Neutral” rating on Thursday, September 12 by Piper Jaffray. Telsey Advisory Group downgraded the shares of GIII in report on Tuesday, September 3 to “Market Perform” rating. B. Riley & Co maintained the shares of GIII in report on Friday, September 6 with “Buy” rating. The stock of G-III Apparel Group, Ltd. (NASDAQ:GIII) earned “Buy” rating by Needham on Tuesday, September 3. The firm has “Buy” rating by B. Riley & Co given on Monday, August 19. As per Wednesday, September 4, the company rating was downgraded by Bank of America.
More notable recent G-III Apparel Group, Ltd. (NASDAQ:GIII) news were published by: Nasdaq.com which released: “Pre-Market Earnings Report for March 21, 2019 : DRI, CAG, WOR, CMC, GIII, ATU, CSIQ – Nasdaq” on March 20, 2019, also Finance.Yahoo.com with their article: “3 Clothing-Industry CEOs Bet Big on Their Own Stocks – Yahoo Finance” published on September 10, 2019, Finance.Yahoo.com published: “Dave & Busterâ€™s Entertainment, Inc. (PLAY): Are Hedge Funds Right About This Stock? – Yahoo Finance” on October 28, 2019. More interesting news about G-III Apparel Group, Ltd. (NASDAQ:GIII) were released by: Seekingalpha.com and their article: “G-III Apparel +3.5% post Q2 mixed results, revised FY2020 outlook – Seeking Alpha” published on September 05, 2019 as well as Finance.Yahoo.com‘s news article titled: “Interested In G-III Apparel Group, Ltd. (NASDAQ:GIII)? Here’s What Its Recent Performance Looks Like – Yahoo Finance” with publication date: November 11, 2019.
G-III Apparel Group, Ltd. designs, manufactures, and markets menÂ’s and womenÂ’s apparel. The company has market cap of $1.33 billion. It operates in two divisions, Wholesale Operations and Retail Operations. It has a 9.83 P/E ratio. The companyÂ’s products include outerwear, dresses, sportswear, swimwear, womenÂ’s suits, and womenÂ’s performance wear; and womenÂ’s handbags, footwear, small leather goods, cold weather accessories, and luggage.
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