For its third fiscal quarter (ending October 31), G III Apparel Group Ltd (NASDAQ: GIII) has reported a -6% decline in E.P.S. from $2.79 a year ago to $2.62 in the current quarter. For the latest four quarters through October 31, E.P.S. were $3.87 compared to $-2.33 a year ago.
Recent Price Action
G III Apparel Group Ltd (NASDAQ: GIII) stock closed at $34.87 on 12/10/24 after a major increase of 10.4%. Moreover, exceptionally high trading volume at 260% of normal accompanied the advance. The stock has risen 11.1% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
G III Apparel Group has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. G III Apparel Group has a neutral Power Rating of 54 but a good Appreciation Score of 76, with the Positive Value Trend Rating the result.
Rating Review
In light of this new information and very positive price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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