G-III Apparel (GIII) Gains 35.3% in a Year: How to Play Ahead?
G-III Apparel (GIII) ZACKS·2024-07-09 14:10
GIII's operational prowess has also helped it outperform the broader Zacks Consumer Discretionary sector and the S&P 500's respective growth of 1.5% and 27.8%. With such strong momentum, the stock appears poised to surpass its 52-week high of $35.66. From a valuation perspective, G-III Apparel's shares present an attractive opportunity, trading at a discount relative to historical and industry benchmarks. With a forward 12-month price-to-earnings ratio of 7.19, below the five-year median of 7.72 and the ind ...