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Stock impact report

Assessing G-III Apparel Group (GIII) Valuation After Earnings Beat And Upgraded Guidance [Yahoo! Finance]

G-III Apparel Group, LTD. (GIII) 
Last g-iii apparel group, ltd. earnings: 3/19 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.g-iii.com
Company Research Source: Yahoo! Finance
See our latest analysis for G-III Apparel Group. The recent earnings per share beat and higher full year earnings outlook have arrived after a mixed stretch, with a 90 day share price return of 16.64% and a 1 year total shareholder return decline of 4.60%. The 3 year total shareholder return of 92.27% points to much stronger earlier momentum compared with the more modest moves around the current US$29.86 share price. If this earnings update has you looking beyond apparel, it could be a good time to scan other consumer names through fast growing stocks with high insider ownership for fresh ideas. So with earnings guidance moving up, the share price still below the analyst price target, and recent returns mixed, is G-III trading at a discount, or has the market already priced in the next leg of growth? At a last close of US$29.86, G-III trades on a P/E of 8.5x, which currently sits well below both the wider US market and its Luxury peers. The P/E ratio compares the share pric Show less Read more
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