$1.53 EPS Expected for G-III Apparel Group, Ltd. (GIII)

November 23, 2017 - By Adrian Mccoy

 $1.53 EPS Expected for G III Apparel Group, Ltd. (GIII)
Investors sentiment decreased to 1.11 in 2017 Q2. Its down 0.17, from 1.28 in 2017Q1. It fall, as 32 investors sold G-III Apparel Group, Ltd. shares while 42 reduced holdings. 28 funds opened positions while 54 raised stakes. 46.99 million shares or 1.62% more from 46.25 million shares in 2017Q1 were reported.
Congress Asset Mgmt Ma owns 34,901 shares. Ls Inv Advsrs Limited Liability has 1,689 shares for 0% of their portfolio. American Int has 32,491 shares for 0% of their portfolio. Jpmorgan Chase & Company has 53,339 shares. Intrust Bancorp Na has 0.13% invested in G-III Apparel Group, Ltd. (NASDAQ:GIII). Mason Street Advsrs Limited Com stated it has 10,798 shares. Moreover, Fifth Third Bank has 0% invested in G-III Apparel Group, Ltd. (NASDAQ:GIII) for 204 shares. Rhumbline Advisers accumulated 88,067 shares or 0.01% of the stock. Panagora Asset has 411 shares. Pacad Investment Limited holds 0.08% or 22,110 shares. 64,541 were accumulated by Pub Employees Retirement Systems Of Ohio. Illinois-based Hightower Advsr Limited Liability Company has invested 0% in G-III Apparel Group, Ltd. (NASDAQ:GIII). Ws Mgmt Lllp owns 1.49 million shares. Tiaa Cref Invest Ltd stated it has 0% of its portfolio in G-III Apparel Group, Ltd. (NASDAQ:GIII). Legal General Group Public Ltd Company holds 81,951 shares.

Since June 8, 2017, it had 0 buys, and 1 sale for $24,470 activity.

Analysts await G-III Apparel Group, Ltd. (NASDAQ:GIII) to report earnings on December, 7. They expect $1.53 earnings per share, up 2.00 % or $0.03 from last year’s $1.5 per share. GIII’s profit will be $74.74M for 4.42 P/E if the $1.53 EPS becomes a reality. After $-0.15 actual earnings per share reported by G-III Apparel Group, Ltd. for the previous quarter, Wall Street now forecasts -1,120.00 % EPS growth. The stock increased 0.07% or $0.02 on November 22, reaching $27.02. About shares traded. G-III Apparel Group, Ltd. (NASDAQ:GIII) has declined 47.99% since November 23, 2016 and is downtrending. It has underperformed by 64.69% the S&P500.

G-III Apparel Group, Ltd. (NASDAQ:GIII) Ratings Coverage

Among 13 analysts covering G-III Apparel Group (NASDAQ:GIII), 9 have Buy rating, 1 Sell and 3 Hold. Therefore 69% are positive. G-III Apparel Group had 50 analyst reports since August 4, 2015 according to SRatingsIntel. Standpoint Research upgraded the shares of GIII in report on Tuesday, October 4 to “Buy” rating. The firm earned “Buy” rating on Thursday, August 31 by Buckingham Research. As per Tuesday, July 26, the company rating was downgraded by Telsey Advisory Group. Brean Capital upgraded the shares of GIII in report on Wednesday, August 12 to “Buy” rating. The company was maintained on Thursday, September 3 by Telsey Advisory Group. Brean Capital reinitiated the stock with “Buy” rating in Tuesday, June 21 report. The stock of G-III Apparel Group, Ltd. (NASDAQ:GIII) has “Market Perform” rating given on Wednesday, August 31 by Telsey Advisory Group. The rating was maintained by Stifel Nicolaus on Friday, January 6 with “Hold”. The company was maintained on Friday, January 6 by Telsey Advisory Group. The rating was upgraded by Telsey Advisory Group to “Outperform” on Tuesday, January 5.

G-III Apparel Group, Ltd. designs, manufactures and markets a range of apparel products. The company has market cap of $1.32 billion. The Firm operates through two divisions: wholesale activities and retail operations. It has a 38.77 P/E ratio. The Company’s apparel products include outerwear, dresses, sportswear, swimwear, women’s suits and women’s performance wear, as well as women’s handbags, footwear, small leather goods, cold weather accessories and luggage.

More notable recent G-III Apparel Group, Ltd. (NASDAQ:GIII) news were published by: Investorplace.com which released: “Trade of the Day: G-III Apparel Group, Ltd. (NASDAQ:GIII)” on March 24, 2017, also Fool.com with their article: “Why G-III Apparel Group Ltd. Shares Jumped as Much as 13% Today” published on September 06, 2017, Seekingalpha.com published: “Here Is Why You Should Care About G-III Apparel Group Ltd.” on December 15, 2016. More interesting news about G-III Apparel Group, Ltd. (NASDAQ:GIII) were released by: Fool.com and their article: “Why Shares of G-III Apparel Group, Ltd. Are Down Today” published on March 27, 2017 as well as Seekingalpha.com‘s news article titled: “G-III Apparel: Stabilization Has Been Confirmed” with publication date: June 08, 2017.

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