PVH Corp. (NYSE:PVH) finished Friday with a subtraction of -$1.79 to close at $83.98, a downside of -2.09 percent. An average of 775,600 shares of common stock have been traded in the last five days. There was a fall of -$2.65 in the past week, and it reached a new high 16 times over the past 12 months. The last 20 days have seen an average of 686,450 shares traded, while the 50-day average volume stands at 935,188.
PVH stock has decreased by -8.97% in the last month. The company shares reached their 1-month lowest point of $83.32 on 08/09/23. With the stock rallying to its 52-week high on 02/02/23, shares of the company touched a low of $43.49 and a high of $94.51 in 52 weeks. It has reached a new high 15 times so far this year and achieved 18.97% or $13.39 in price. In spite of this, the price is down -11.14% from the 52-week high.
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Insider Transactions
PVH stock investors should be aware that PVH Corp. (PVH) stock had its last reported insider trading activity 213 days ago on Jan 11. In this transaction, the insider spent $140,292. EVP & Controller, HOLMES JAMES, disposed of 4,417 shares at a price of $74.68 on Dec 09. The insider now owns more than $329,852 worth of shares.
Valuation Metrics
PVH Corp. (PVH) has a trailing price-to-earnings (P/E) ratio of 26.62. The stock’s beta is 2.08. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.58, the price-to-book (PB) ratio at 1.03.
The company has a payout ratio of 4.70%. The company’s most recent quarterly dividend payment was $0.0375 a share, without any change from last year. Its latest decrease dividend $0.0005 reported on Wednesday November 2 2022.
Financial Health
The quick ratio of PVH Corp. for the three months ended April 29 was 0.70, and the current ratio was 1.40, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.43 and a total debt to equity ratio of 0.45 for the quarter ending April 29. PVH Corp.’s EBITDA margin for the year ending April 29 is 13.32%, while its operating margin for the same period stands at 5.10%. Its gross profit as reported stood at $5.12 billion compared to revenue of $9.02 billion.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, PVH Corp.’s return on assets was 1.70%.
Earnings Surprise
For the three-month period that ended April 29, PVH Corp. had $2.19 billion in total debt. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of $136.0 million in the quarter, while revenues of $138.7 million were grew 2.13%. The analyst consensus anticipated PVH Corp.’s latest quarter earnings to come in at $1.93 per share, but it turned out to be $2.14, a 10.90% surprise. For the quarter, EBITDA amounted to $271.1 million. Shareholders own equity worth $62.72 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at PVH Corp. (PVH) price momentum. RSI 9-day as of the close on 11 August was 39.66%, suggesting the stock is Neutral, with historical volatility in this time frame at 21.45%.
As of today, PVH’s price is $85.26 -3.06% or -$2.65 from its 5-day moving average. PVH is currently trading -4.78% lower than its 20-day SMA and +15.82% higher than its 100-day SMA. However, the stock’s current price level is -2.37% below the SMA50 and +71.21% above the SMA200.
The stochastic %K and %D were 23.93% and 25.20%, respectively, and the average true range (ATR) was 2.56. With the 14-day stochastic at 10.23% and the average true range at 2.60, the RSI (14) stands at 43.96%. The stock has reached -1.24 on the 9-day MACD Oscillator while the 14-day reading was at -1.57.
Analyst Ratings
Barclays upgraded PVH Corp. (NYSE: PVH) to a an Overweight rating in its most recent analyst report. Previously, the stock was rated as an Equal weight. The consensus rating for PVH Corp. (PVH) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell PVH, while 9 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 3 analysts, while 5 others rate it as a “buy”.
What is PVH’s price target for the next 12 months?
Analysts predict a range of price targets between $75.00 and $122.00, with a median target of $94.00. Taking a look at these predictions, the average price target given by analysts for PVH Corp. (PVH) stock is $97.47.
