Investors focused on the Consumer Discretionary space have likely heard of G-III Apparel Group, LTD. (GIII - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? A quick glance at the company's year-to-date performance in comparison to the rest of the Consumer Discretionary sector should help us answer this question.
G-III Apparel Group, LTD. is a member of the Consumer Discretionary sector. This group includes 246 individual stocks and currently holds a Zacks Sector Rank of #6. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. GIII is currently sporting a Zacks Rank of #1 (Strong Buy).
Within the past quarter, the Zacks Consensus Estimate for GIII's full-year earnings has moved 5.65% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Our latest available data shows that GIII has returned about 47.33% since the start of the calendar year. At the same time, Consumer Discretionary stocks have gained an average of 17.84%. This means that G-III Apparel Group, LTD. is outperforming the sector as a whole this year.
Looking more specifically, GIII belongs to the Textile - Apparel industry, a group that includes 21 individual stocks and currently sits at #80 in the Zacks Industry Rank. This group has gained an average of 26.43% so far this year, so GIII is performing better in this area.
Investors in the Consumer Discretionary sector will want to keep a close eye on GIII as it attempts to continue its solid performance.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Investors focused on the Consumer Discretionary space have likely heard of G-III Apparel Group, LTD. (GIII - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? A quick glance at the company's year-to-date performance in comparison to the rest of the Consumer Discretionary sector should help us answer this question.
G-III Apparel Group, LTD. is a member of the Consumer Discretionary sector. This group includes 246 individual stocks and currently holds a Zacks Sector Rank of #6. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. GIII is currently sporting a Zacks Rank of #1 (Strong Buy).
Within the past quarter, the Zacks Consensus Estimate for GIII's full-year earnings has moved 5.65% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Our latest available data shows that GIII has returned about 47.33% since the start of the calendar year. At the same time, Consumer Discretionary stocks have gained an average of 17.84%. This means that G-III Apparel Group, LTD. is outperforming the sector as a whole this year.
Looking more specifically, GIII belongs to the Textile - Apparel industry, a group that includes 21 individual stocks and currently sits at #80 in the Zacks Industry Rank. This group has gained an average of 26.43% so far this year, so GIII is performing better in this area.
Investors in the Consumer Discretionary sector will want to keep a close eye on GIII as it attempts to continue its solid performance.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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