G III Apparel Group Ltd (NASDAQ: GIII) has reported earnings for its fourth fiscal quarter (ending January 31) of $1.11 versus $0.63 for the same period a year ago — an increase of 76%. This result exceeded the consensus estimate of $0.97 by $0.14. For the latest four quarters through January 31, E.P.S. were $4.35 versus $3.84 for the same period a year ago — an increase of 13%.
Recent Price Action
On 3/13/25, G III Apparel Group Ltd (NASDAQ: GIII) stock enjoyed a large increase of 3.0%, closing at $26.10. Moreover, exceptionally high trading volume at 340% of normal accompanied the advance. Relative to the market the stock has been strong over the last nine months and has risen 1.7% during the last week.
Current PriceTarget Research Rating
G III Apparel Group has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. G III Apparel Group has a good Power Rating of 75 and a good Appreciation Score of 80, leading to the Highest Value Trend Rating.
Rating Review
In light of this encouraging new earnings information and positive market action we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.
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