2 hours Ago By ABMN Staff
Shares of PVH Corp. ( NYSE:PVH – Get Free Report ) have been given an average rating of “Moderate Buy” by the fifteen brokerages that are currently covering the firm, MarketBeat.com reports.
Six analysts have rated the stock with a hold recommendation and nine have assigned a buy recommendation to the company. The average 12 month target price among analysts that have covered the stock in the last year is $123.80.
Several analysts have recently commented on the stock. Jefferies Financial Group decreased their price target on shares of PVH from $104.00 to $101.
00 and set a “hold” rating on the stock in a research note on Tuesday, January 28th. Barclays increased their price objective on PVH from $142.00 to $144.
00 and gave the company an “overweight” rating in a research report on Monday, December 9th. Telsey Advisory Group restated an “outperform” rating and set a $130.00 target price on shares of PVH in a research report on Wednesday, December 4th.
Morgan Stanley decreased their price target on PVH from $103.00 to $95.00 and set an “equal weight” rating on the stock in a report on Tuesday, January 21st.
Finally, Guggenheim boosted their price objective on PVH from $105.00 to $125.00 and gave the stock a “buy” rating in a report on Friday, December 6th.
View Our Latest Stock Analysis on PVH PVH Stock Down 3.6 % PVH ( NYSE:PVH – Get Free Report ) last posted its earnings results on Wednesday, December 4th. The textile maker reported $3.
03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.59 by $0.44.
PVH had a net margin of 8.13% and a return on equity of 13.66%.
The company had revenue of $2.26 billion during the quarter, compared to analysts’ expectations of $2.22 billion.
During the same quarter in the previous year, the company posted $2.90 earnings per share. PVH’s quarterly revenue was down 4.
6% compared to the same quarter last year. As a group, equities research analysts expect that PVH will post 11.67 earnings per share for the current fiscal year.
Insider Buying and Selling at PVH In other PVH news, EVP Mark D. Fischer sold 3,186 shares of PVH stock in a transaction dated Monday, December 30th. The stock was sold at an average price of $105.
50, for a total value of $336,123.00. Following the sale, the executive vice president now owns 23,103 shares of the company’s stock, valued at $2,437,366.
50. This trade represents a 12.12 % decrease in their position.
The transaction was disclosed in a document filed with the SEC, which is available through the SEC website . Insiders own 1.00% of the company’s stock.
Institutional Inflows and Outflows Hedge funds have recently added to or reduced their stakes in the business. Venturi Wealth Management LLC increased its stake in shares of PVH by 63.9% during the 3rd quarter.
Venturi Wealth Management LLC now owns 272 shares of the textile maker’s stock worth $27,000 after purchasing an additional 106 shares during the last quarter. UMB Bank n.a.
boosted its position in PVH by 78.5% during the fourth quarter. UMB Bank n.
a. now owns 282 shares of the textile maker’s stock worth $30,000 after purchasing an additional 124 shares during the period. Covestor Ltd raised its position in shares of PVH by 270.
6% in the third quarter. Covestor Ltd now owns 404 shares of the textile maker’s stock valued at $41,000 after purchasing an additional 295 shares during the period. Allspring Global Investments Holdings LLC boosted its holdings in shares of PVH by 116.
3% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 424 shares of the textile maker’s stock worth $43,000 after buying an additional 228 shares during the period. Finally, Allworth Financial LP acquired a new position in PVH in the 4th quarter valued at about $50,000.
Institutional investors own 97.25% of the company’s stock. About PVH ( Get Free Report PVH Corp.
operates as an apparel company in the United States and internationally. The company operates through Tommy Hilfiger North America, Tommy Hilfiger International, Calvin Klein North America, Calvin Klein International, and Heritage Brands Wholesale segments. It designs and markets men's, women's, and children's branded apparel, footwear and accessories, underwear, sleepwear, outerwear, home furnishings, luggage, dresses, suits and swimwear, activewear, sportswear, socks and accessories, outerwear, golf products, footwear, watches and jewelry, eyeglasses and non-ophthalmic sunglasses, jeans wear, performance apparel, intimate apparel, dress shirts, handbags, fragrance, small leather goods, and other related products; and men's and boy's tailored clothing products, duvets, pillows, mattress pads and toppers, and feather beds.
Featured Articles Receive News & Ratings for PVH Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PVH and related companies with MarketBeat.com's FREE daily email newsletter ..
