Telsey Advisory Group Has Weak Outlook for GIII Q2 Earnings

G-III Apparel Group, Ltd. (NASDAQ:GIII) – Equities research analysts at Telsey Advisory Group cut their Q2 2026 earnings per share estimates for G-III Apparel Group in a research note issued on Monday, June 9th. Telsey Advisory Group analyst D. Telsey now anticipates that the textile maker will post earnings per share of $0.10 for the quarter, down from their previous forecast of $0.54. Telsey Advisory Group has a “Market Perform” rating and a $27.00 price objective on the stock. The consensus estimate for G-III Apparel Group’s current full-year earnings is $4.16 per share. Telsey Advisory Group also issued estimates for G-III Apparel Group’s Q3 2026 earnings at $1.80 EPS, Q4 2026 earnings at $0.80 EPS, FY2026 earnings at $2.88 EPS, Q2 2027 earnings at $0.08 EPS and FY2027 earnings at $3.50 EPS.

Other research analysts have also issued reports about the stock. UBS Group lowered their target price on shares of G-III Apparel Group from $29.00 to $26.00 and set a “neutral” rating on the stock in a research note on Monday. Wall Street Zen upgraded shares of G-III Apparel Group from a “buy” rating to a “strong-buy” rating in a report on Saturday, May 31st. KeyCorp dropped their price objective on G-III Apparel Group from $40.00 to $30.00 and set an “overweight” rating on the stock in a research note on Monday. Finally, Barclays decreased their target price on G-III Apparel Group from $21.00 to $18.00 and set an “underweight” rating for the company in a research note on Monday. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, two have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, G-III Apparel Group presently has an average rating of “Moderate Buy” and an average price target of $27.80.

G-III Apparel Group Trading Down 2.4%

Shares of GIII stock opened at $21.25 on Wednesday. G-III Apparel Group has a 12 month low of $20.66 and a 12 month high of $36.18. The company has a market cap of $932.51 million, a PE ratio of 5.58 and a beta of 1.48. The company has a quick ratio of 1.75, a current ratio of 2.63 and a debt-to-equity ratio of 0.13. The business’s 50 day moving average is $25.82 and its two-hundred day moving average is $28.54.

G-III Apparel Group (NASDAQ:GIII) last issued its quarterly earnings data on Friday, June 6th. The textile maker reported $0.19 earnings per share for the quarter, beating analysts’ consensus estimates of $0.13 by $0.06. G-III Apparel Group had a return on equity of 11.66% and a net margin of 5.59%. The business had revenue of $583.61 million for the quarter, compared to the consensus estimate of $579.48 million. During the same period last year, the business earned $0.12 EPS. The firm’s revenue was down 4.3% compared to the same quarter last year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in GIII. Caitong International Asset Management Co. Ltd lifted its stake in shares of G-III Apparel Group by 5,154.5% in the first quarter. Caitong International Asset Management Co. Ltd now owns 1,156 shares of the textile maker’s stock valued at $32,000 after buying an additional 1,134 shares during the period. AlphaQuest LLC bought a new stake in shares of G-III Apparel Group in the 4th quarter worth approximately $49,000. Smartleaf Asset Management LLC grew its holdings in shares of G-III Apparel Group by 249.9% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,977 shares of the textile maker’s stock worth $64,000 after purchasing an additional 1,412 shares in the last quarter. Public Employees Retirement System of Ohio acquired a new stake in shares of G-III Apparel Group during the 4th quarter worth approximately $68,000. Finally, Strs Ohio bought a new stake in shares of G-III Apparel Group during the first quarter valued at approximately $77,000. Institutional investors own 92.13% of the company’s stock.

G-III Apparel Group Company Profile

G-III Apparel Group, Ltd. designs, sources, and markets women's and men's apparel in the United States and internationally. The company operates through two segments, Wholesale Operations and Retail Operations. Its products include outerwear, dresses, sportswear, swimwear, women's suits, and women's performance wear; and women's handbags, footwear, small leather goods, cold weather accessories, and luggage.