G-III Apparel Group (NASDAQ:GIII) Given New $32.00 Price Target at Telsey Advisory Group

Posted by on Sep 3rd, 2026

G-III Apparel Group (NASDAQ:GIII – Get Free Report) had its price objective cut by investment analysts at Telsey Advisory Group from $38.00 to $32.00 in a research note issued on Thursday, Briefing.com reports. The firm presently has a “market perform” rating on the textile maker’s stock. Telsey Advisory Group’s price objective suggests a potential upside of 12.40% from the company’s current price.

Other equities analysts have also recently issued research reports about the stock. BTIG Research boosted their price objective on shares of G-III Apparel Group from $34.00 to $40.00 and gave the company a “buy” rating in a research report on Friday, June 5th. Wall Street Zen lowered shares of G-III Apparel Group from a “buy” rating to a “hold” rating in a report on Saturday, August 15th. KeyCorp reissued an “overweight” rating and issued a $40.00 target price (up from $35.00) on shares of G-III Apparel Group in a research note on Monday, June 8th. Weiss Ratings upgraded G-III Apparel Group from a “hold (c)” rating to a “buy (b-)” rating in a report on Tuesday, June 9th. Finally, Zacks Research lowered G-III Apparel Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 14th. Three equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $31.80.

Read Our Latest Analysis on G-III Apparel Group

G-III Apparel Group Stock Down 11.5%

Shares of NASDAQ GIII opened at $28.47 on Thursday. G-III Apparel Group has a 52 week low of $24.61 and a 52 week high of $37.54. The firm’s fifty day moving average is $34.38 and its 200 day moving average is $31.88. The company has a market cap of $1.20 billion, a price-to-earnings ratio of 10.06 and a beta of 1.27.

G-III Apparel Group (NASDAQ:GIII – Get Free Report) last posted its quarterly earnings results on Wednesday, September 2nd. The textile maker reported $0.26 EPS for the quarter, beating analysts’ consensus estimates of $0.23 by $0.03. The company had revenue of $554.09 million during the quarter, compared to analyst estimates of $570.37 million. G-III Apparel Group had a net margin of 4.34% and a return on equity of 5.59%. The firm’s revenue was down 9.7% compared to the same quarter last year. During the same period in the prior year, the business posted $0.25 EPS. G-III Apparel Group has set its Q3 2027 guidance at 1.350-1.450 EPS and its FY 2027 guidance at 2.200-2.300 EPS. Equities research analysts anticipate that G-III Apparel Group will post 2.24 earnings per share for the current year.

Institutional Investors Weigh In On G-III Apparel Group

Large investors have recently modified their holdings of the stock. Illinois Municipal Retirement Fund increased its position in shares of G-III Apparel Group by 2.5% during the first quarter. Illinois Municipal Retirement Fund now owns 19,758 shares of the textile maker’s stock valued at $547,000 after buying an additional 482 shares during the period. The Manufacturers Life Insurance Company boosted its position in G-III Apparel Group by 3.1% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 19,407 shares of the textile maker’s stock valued at $435,000 after acquiring an additional 592 shares in the last quarter. Nykredit A S purchased a new position in shares of G-III Apparel Group during the 2nd quarter worth approximately $33,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of G-III Apparel Group by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 23,228 shares of the textile maker’s stock worth $635,000 after acquiring an additional 1,018 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of G-III Apparel Group by 1.6% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 68,437 shares of the textile maker’s stock worth $1,982,000 after acquiring an additional 1,094 shares in the last quarter. Institutional investors own 92.13% of the company’s stock.

Key Headlines Impacting G-III Apparel Group

Here are the key news stories impacting G-III Apparel Group this week:

  • Positive Sentiment: G-III reported second-quarter fiscal 2027 GAAP EPS of $0.46, up from $0.25 a year earlier and above the approximately $0.23 analyst consensus. Non-GAAP EPS was $0.26, also slightly ahead of estimates. G-III fiscal 2027 second-quarter results
  • Positive Sentiment: Gross margin expanded 440 basis points to 45.2%, helped by pricing actions and a greater mix of higher-margin owned brands. Management said its go-forward portfolio grew at a high-single-digit rate.
  • Positive Sentiment: G-III and WHP Global completed the acquisition of Marc Jacobs from LVMH. The company views the brand as a major long-term growth opportunity and is targeting approximately $1 billion in annual revenue from the business. Marc Jacobs acquisition completion
  • Neutral Sentiment: Fiscal 2027 non-GAAP EPS guidance was set at $2.20–$2.30, broadly in line with the $2.23 consensus. However, the outlook excludes Marc Jacobs, which management expects to be slightly dilutive during fiscal 2027 before becoming accretive later.
  • Positive Sentiment: G-III ended the quarter with $529.2 million in cash, up from $301.8 million, while inventory declined 13% year over year. The company also returned $12.2 million through share repurchases and dividends.
  • Negative Sentiment: Second-quarter sales fell 10% year over year to $554.1 million, missing the $570.4 million consensus. Fiscal 2027 sales are expected to be approximately $2.71 billion, down from $2.96 billion, partly reflecting the loss of about $460 million in Calvin Klein and Tommy Hilfiger product sales.
  • Negative Sentiment: Third-quarter EPS guidance of $1.35–$1.45 is well below the $1.73 consensus, while projected revenue of roughly $870 million trails the $897.8 million estimate. The company also expects third-quarter sales and earnings to decline from the prior year, making the near-term outlook the primary pressure on GIII.

About G-III Apparel Group

(Get Free Report)

G-III Apparel Group, Ltd. is a global fashion company engaged in the design, sourcing, marketing and distribution of women’s and men’s apparel, outerwear, footwear, handbags and fashion accessories. Founded in 1956 and headquartered in New York City, the company has grown from an importer of ladies’ apparel into a diversified apparel business with a portfolio of owned and licensed brands.

The company’s product offerings span a broad spectrum of price points and styles, including formal and casual outerwear, sportswear, performance wear and contemporary fashion.

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Analyst Recommendations for G-III Apparel Group (NASDAQ:GIII)

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