Home Sectors Consumer Cyclical Present Valuation: G-III Apparel Group (NASDAQ: GIII)

Present Valuation: G-III Apparel Group (NASDAQ: GIII)

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G-III Apparel Group trades as part of the manufacturing apparel and furniture industry and trades as part of the consumer cyclical sector. The company CEO is Morris Goldfarb. G-III Apparel Group designs, manufactures and markets apparel, including outerwear, dresses, sportswear, swimwear, women’s suits and women’s performance wear, as well as footwear, luggage and women handbags, small leather goods and cold weather accessories.

Previous Intraday Trading Performance:

The GIII stock showed a previous change of -6.71% with an open at 43.76 and a close of 40.76. It reached an intraday high of 43.90 and a low of 39.27.

SeekingAlpha:  Notable earnings before Thursday’s open

Liquidity:

The stock has a market cap of $2.0b with 49.2m shares outstanding, of which the float is 43.4m shares. Trading volume reached 1,400,417 shares compared to its average volume of 699,947 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, G-III Apparel Group shares returned 2.85% and in the past 30 trading days it returned 12.72%. Over three months, it changed -7.49%. In one year it has changed 18.83% and within that year its 52-week high was 51.20 and its 52-week low was 32.06. GIII stock is 27.14% above its 52 Week Low.

Our calculations show a 200 day moving average of 41.37 and a 50 day moving average of 40.62. Currently GIII stock is trading -1.48% below its 200 day moving average and may be a good opportunity to buy, but should check other indicators to confirm a buy signal.

Business Wire:  G-III Apparel Group Announces Date Change For Third Quarter Fiscal Year 2019 Results Due to Stock Markets Closing

Earnings:

The last annual fiscal EPS for the company was reported at 1.24 that ended on 31st of January 2018, which according to the previous close, that is a PE of 32.87. Based on 6 analyst estimates, the consensus EPS for the next quarter is 1.54. The TTM EPS is 1.18, which comes to a TTM PE of 34.54. Historically, the PE high was 32.87 and the PE low was 9.90. If the stock reached its PE low, that would represent a price of 11.68, which is a decrease of -71.34%.

The following are the last four quarter reported earnings per share:
07-31-2018:  0.22
04-30-2018:  0.22
01-31-2018:  0.26
10-31-2017:  1.67

Base on our calculations, the intrinsic value per share is 65.96, which means it is possibly undervalued and has a margin of safety of 38.20%

Indicators to Watch:

Based on the latest filings, there is 172.40% of institutional ownership. Short-interest is 0, which is 0.00% of shares outstanding. The short-interest ratio or days-to-cover ratio is 0.00.

The current calculated beta is 0.25

Business Wire:  G-III Apparel Group Announces Date Change For Third Quarter Fiscal Year 2019 Results Due to Stock Markets Closing

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 9.64%, return on assets is 4.75%, profit margin is 0.87%, price-to-sales is 1.10 and price-to-book is 1.84.

Company Scores:

All scores are out of six:
 4  :Valuation Score
 2  :Past Performance Score
 4  :Financial Strength Score
 3  :Future Growth Score
 0  :Dividend Score
 3  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.

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