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GIII
Stock ticker: NASDAQ
AS OF
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Capitalization
1.3B

GIII G-III Apparel Group Ltd Forecast, Technical & Fundamental Analysis

a manufacturer of outerwear and sportswear

Technical Analysis# Of IndicatorsAvg. Odds
   
   
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A.I.Advisor
a Summary for GIII with price predictions
07:00 PM EST Nov 27, 2023

GIII's MACD Histogram crosses above signal line

The Moving Average Convergence Divergence (MACD) for GIII turned positive on November 14, 2023. Looking at past instances where GIII's MACD turned positive, the stock continued to rise in of 41 cases over the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on November 01, 2023. You may want to consider a long position or call options on GIII as a result. In of 84 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where GIII advanced for three days, in of 304 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 259 cases where GIII Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The 10-day RSI Indicator for GIII moved out of overbought territory on November 08, 2023. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 30 similar instances where the indicator moved out of overbought territory. In of the 30 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 9 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where GIII declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

GIII broke above its upper Bollinger Band on November 02, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. GIII’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.938) is normal, around the industry mean (3.029). P/E Ratio (4.241) is within average values for comparable stocks, (26.713). GIII's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (1.732). Dividend Yield (0.000) settles around the average of (0.041) among similar stocks. P/S Ratio (0.413) is also within normal values, averaging (1.731).

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. GIII’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 81, placing this stock worse than average.

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Nike (NYSE:NKE), Skechers USA (NYSE:SKX), VF Corp (NYSE:VFC), G-III Apparel Group Ltd (NASDAQ:GIII), Canada Goose Holdings (NYSE:GOOS), Lakeland Industries (NASDAQ:LAKE).

Industry description

Apparel/footwear might be slightly more ‘cyclical’ in the largely non-cyclical category of non-durables. While digital giants like Amazon have been rapidly expanding their presence, traditional clothing/footwear retailers have also been bulking up their online presence in recent years, to milk the burgeoning trend of online shopping among consumers across the globe. The apparel and footwear retail market was valued at around $ 360 billion in 2018, and this figure was expected to reach about $386 billion by 2020 (according to a Statista report). NIKE, Inc, V.F. Corporation and Under Armour, Inc. are some of the companies with the largest U.S. stock market caps in this segment.

Market Cap

The average market capitalization across the Apparel/Footwear Industry is 5.98B. The market cap for tickers in the group ranges from 1.66K to 164.31B. NKE holds the highest valuation in this group at 164.31B. The lowest valued company is SQBGQ at 1.66K.

High and low price notable news

The average weekly price growth across all stocks in the Apparel/Footwear Industry was 1%. For the same Industry, the average monthly price growth was 7%, and the average quarterly price growth was -1%. TALN experienced the highest price growth at 25%, while IFABF experienced the biggest fall at -18%.

Volume

The average weekly volume growth across all stocks in the Apparel/Footwear Industry was 38%. For the same stocks of the Industry, the average monthly volume growth was -21% and the average quarterly volume growth was -8%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 48
P/E Growth Rating: 59
Price Growth Rating: 49
SMR Rating: 62
Profit Risk Rating: 80
Seasonality Score: 6 (-100 ... +100)
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A.I. Advisor
published Earnings

GIII is expected to report earnings to rise 412.50% to $2.05 per share on December 06

G-III Apparel Group Ltd GIII Stock Earnings Reports
Q4'23
Est.
$2.05
Q3'23
Beat
by $0.40
Q2'23
Beat
by $0.23
Q1'23
Missed
by $0.01
Q4'22
Missed
by $0.46
The last earnings report on September 07 showed earnings per share of 40 cents, beating the estimate of 0 cents. With 87.34K shares outstanding, the current market capitalization sits at 1.30B.
A.I. Advisor
published General Information

General Information

a manufacturer of outerwear and sportswear

Industry ApparelFootwear

Profile
Fundamentals
Details
Industry
Apparel Or Footwear
Address
512 Seventh Avenue
Phone
+1 212 403-0500
Employees
4700
Web
https://www.g-iii.com
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GIII and

Correlation & Price change

A.I.dvisor indicates that over the last year, GIII has been loosely correlated with DBI. These tickers have moved in lockstep 62% of the time. This A.I.-generated data suggests there is some statistical probability that if GIII jumps, then DBI could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To GIII
1D Price
Change %
GIII100%
+1.66%
DBI - GIII
62%
Loosely correlated
+2.60%
CAL - GIII
46%
Loosely correlated
+1.89%
SHOO - GIII
30%
Poorly correlated
-0.16%
FORD - GIII
28%
Poorly correlated
+3.33%
OXM - GIII
28%
Poorly correlated
-1.67%
More

Groups containing GIII

Correlation & Price change

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To GIII
1D Price
Change %
GIII100%
+1.66%
outerwear
(undefined stocks)
51%
Loosely correlated
+1.55%
clothing
(undefined stocks)
39%
Loosely correlated
+1.24%
footwear
(undefined stocks)
38%
Loosely correlated
+1.37%
apparel
(undefined stocks)
38%
Loosely correlated
+1.17%
shoes
(undefined stocks)
36%
Loosely correlated
+1.97%
More