G III Story

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GIII -- USA Stock  

USD 27.55  0.44  1.57%

Macroaxis News
By Vlad Skutelnik  
Macroaxis Story
Today's article will concentrate on G III. We will analyze why G III investors may still consider a stake in the business. G III Apparel is currently traded for 11.99. The entity has historical hype elasticity of 0.02. The average price elasticity to hype of competition is about 0.01. The firm is forecasted to increase in value after the next press release, with the price going to jump to 12.22. The current volatility of headline impact on the company stock price is is way over 100 percent making price predictions on social media along less reliable. The price rise on the next news is estimated to be 0.41%, whereas the daily expected return is currently at -0.11%. Given the investment horizon of 30 days, the next forecasted announcement will be in about 10 days.
Published over three months ago
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Should I hold on to my G III (NASDAQ:GIII) position?
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. G III has an asset utilization ratio of 247.45 percent. This implies that the company is making $2.47 for each dollar of assets. An increasing asset utilization means that G III Apparel is more efficient with each dollar of assets it utilizes for everyday operations. The company has Profit Margin (PM) of 3.16 %, which can signify that it executes well on its competitive strategies and has good control over its expenditures. This is normal as compared to the sector avarege. Similarly, it shows Operating Margin (OM) of 6.21 %, which suggests for every 100 dollars of sales, it generated a net operating income of 0.06.
The successful prediction of G III stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as G III Apparel, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of G III based on G III hews, social hype, general headline patterns, and widely used predictive technical indicators. We also calculate exposure to G III's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to G III's related companies.

Use Technical Analysis to project G III expected Price

G III technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Overlap Analysis
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Forecast Models
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Price Shifting
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Volatility Indicators
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Value Movement
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A focus of G III technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of G III trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

What do experts say?

Stock analysis is a method for investors and traders to make buying and selling decisions. By studying and evaluating past and current data, investors and traders attempt to gain an edge in the markets by making informed decisions. It is good to see analyst projects for G III, but it might be worth checking our own buy vs. sell analysis

Acquisition by Johnson Robert L 4 of 7097 shares of G III subject to Rule 16b-3

Legal trades by G III insiders are very common, as founders, directors, or employees of any publicly traded firm often have stock or stock options. These trades are made public in the United States through the filing of Form 4 of the Securities and Exchange Commission. Below entry was recorded recently and is publicly available as an insider trade:
G III insider trading alert for grant of common stock par value $.01 per share by Johnson Robert L 4, the corporate stakeholder, on 25th of September 2020. This event was filed by G Iii Apparel Group Ltd with SEC on 2020-09-25. Statement of changes in beneficial ownership - SEC Form 4 [view details]   
Note, although insider trading is legal, in the United States, Canada, Australia, and Germany, for mandatory reporting purposes, corporate insiders are defined as a company's officers, directors, and any beneficial owners of more than 10% of a class of the company's equity securities.

Breaking down the case for G III

G III price drop over the last few months may raise some interest from stockholders. The stock closed today at a share price of 11.99 on 981,040 in trading volume. The company directors and management were not very successful in positioning the entity resources to exploit market volatility in August. However, diversifying your holdings with G III Apparel or similar stocks can still protect your portfolio during high-volatility market scenarios. The stock standard deviation of daily returns for 30 days investing horizon is currently 5.47. The very high volatility is mostly attributed to the latest market swings and not very good earnings reports from some of the G III Apparel partners.
 2017 2018 2019 2020 (projected)
Consolidated Income62.12 M138.07 M143.84 M122.56 M
Direct Expenses1.75 B1.97 B2.04 B1.62 B

Cost of Revenue Breakdown

G III Cost of Revenue is increasing over the last several years with slightly volatile swings. Cost of Revenue is predicted to flatten to about 1.8 B. Cost of Revenue usually refers to the aggregate cost of goods produced and sold and services rendered during the reporting period. G III Cost of Revenue is most likely to increase significantly in the upcoming years. The last year's value of Cost of Revenue was reported at 2.04 Billion
2013
2014
2015
2016
2017
2018
2019
2020
20131.13 Billion
20141.36 Billion
20151.51 Billion
20161.55 Billion
20171.75 Billion
20181.97 Billion
20192.04 Billion
20201.83 Billion

Will G III drop impact its fundamentals?

Current Risk Adjusted Performance is up to -0.07. Price may drop again. G III Apparel exhibits very low volatility with skewness of 0.34 and kurtosis of -0.26. However, we advise investors to further study G III Apparel technical indicators to make sure all market info is available and is reliable.

The Current Takeaway on G III Investment

While some firms in the apparel retail industry are either recovering or due for a correction, G III may not be performing as strong as the other in terms of long-term growth potentials. While some stockholders may not share our view we believe that the current risk-reward utility is not appealing enough to do any trading. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to G III.

About Contributor

Vlad Skutelnik is a Macroaxis Contributor. Vlad covers stocks, funds, cryptocurrencies, and ETFs that are traded in North America, focusing primarily on fundamentals, valuation and market volatility. He has many years of experience in fintech, predictive investment analytics, and risk management. View Profile
This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Vlad Skutelnik do not own shares of G III Apparel. Please refer to our Terms of Use for any information regarding our disclosure principles.

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