eBay Stock Forecast: Competitive as Ever in the World of E-commerce

The article was written by Whitney Su, a Financial Analyst at I Know First.


  • eBay delivered an EPS of $0.67 for Q1 2019, up 26% versus prior year, and it is the fourth consecutive quarter of double-digit EPS expansion. This value is expected to grow with eBay’s plan of share repurchases.
  • eBay's expansion into Japanese and Indian markets will target more users.
  • With a focus on improving the platform’s user-friendliness, eBay is sure to maintain its user base and attract more.
  • I give eBay a bullish long-term forecast given the points above. eBay adjusted its EPS and revenue output for the year given strong Q1 2019 performance. eBay is currently priced at 39.02.

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Winning Stock Forecast: GIII returns 97.89% as eCommerce has nothing on GIII

“Strong brands, great product and execution, and diversified distribution continue to be our winning formula. We know how critical it is for G-III to continue to be a supplier of choice that understands the marketplace, the trends, and the consumers’ shopping habits regardless of where the transaction occurs, whether in the store or online.”

– GIII Chairman and Chief Executive Officer, Morris Goldfarb

(Source: Wikimedia Commons)

GIII Apparel Group (NASDAQ: GIII) designs, manufactures and markets a range of apparel products. The company sells apparels under its own brands as well as through retailers. GIII had a very strong year with a 97.89% gain between July 18 2017 and July 18 2018. Its stock price increased from $25.53 to $46.98, peaking at $49.02 on Jun 8 2018. Exponential growth mainly came in the second quarter.

GIII is a prime example of a company that overcame the challenges posed by the increasing popularity of online shopping. In 2017, its stock prices largely stagnated because of traffic declines and margin pressures. To regain its competitive advantage, the company re-pivoted to lower the operating cost of retail businesses and increase products offerings for its new acquisitions: DKNY and Donna Karan. EPS increased by over 200% and free cash flow increased by 9.3M.

For DKNY and Donna Karan, GIII developed wholesale launches and expanded categories with expected strong results. In the second quarter of 2018, the company almost doubled its revenue to reach 1.02B. Many cold snaps in winter also helped drive sales in outerwear among key brands such as Calvin Klein, DKNY, Donna Karan, Tommy Hilfiger and Karl Lagerfeld.

Over the fiscal year, GIII’s market share in women’s apparel and accessories gradually increased in dominance among North American department stores. Calvin Klein performed the best with $1 billion in annual net sales from all categories. Tommy Hilfiger doubled in net sales to reach $275 million and Karl Lagerfeld Paris doubled in sales too. Strong brands, unique products and diversified distribution contributed to GIII’s winning strategy.

I Know First’s forecast has been bullish for GIII and it continues to prove to be correct. On July 17, 2017, the algorithm gave a forecast with a signal of 257.70 and predictability of 0.66 over a 1-year time horizon. In accordance with the algorithm, the stock had a return of 97.89% while the S&P 500 had a return of 13.74% during the same period.

I Know First Algorithm Success With GIII

Go here to read how to interpret this diagram.

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Algorithmic traders utilize these daily forecasts by the I Know First market prediction system as a tool to enhance portfolio performance, verify their own analysis and act on market opportunities faster. This forecast was sent to current I Know First subscribers.

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