The stock of PVH Corp. (NYSE:PVH) increased by $1.93 on Wednesday to $82.75, up 2.39 percent. The last five days have seen an average of 1,173,635 shares of common stock traded. 15 times new highs were reached in the current year, with a gain of $11.54. The average number of shares traded over the last 20 days was 818,919, while the average volume over the last 50 days totaled 796,137.
PVH stock dropped -6.37% since last month. On 08/25/23, the company’s shares reached a one-month low of $77.74. The stock touched a high of $94.51 on 02/02/23, after rallying from a low of $43.49 in 52 weeks. The price of PVH stock has risen by 17.23% or $11.54 this year, reaching a new high 15 times. Still, the stock price is down -12.44% 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 231 days ago on Jan 11. On Jan 11, EVP, General Counsel & Sec. FISCHER MARK D sold 1,732 shares at $81.00 each. This transaction resulted in the insider making $140,292. On Dec 09, HOLMES JAMES sold 4,417 shares at a price of US$74.68. After the transaction, the insider now owns 15,420 shares. Chief Executive Officer Larsson Stefan had earlier bought 18,540 shares on Sep 06 for $53.94 a share. The transaction was completed for $1,000,000.
Valuation Metrics
PVH Corp. (PVH) has a trailing price-to-earnings (P/E) ratio of 26.23. Beta for the stock is 2.09. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 0.58, the price-to-book (PB) ratio of 1.01.
Company paid $0.0375 per share in dividends, remained unchanged from $0.0375 last year. A $0.0005 dividend decrease was reported on Wednesday November 2 2022.
Financial Health
For the three months ended July 30, PVH Corp.’s quick ratio was 0.70, while its current ratio was 1.40, indicating its inability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending July 30 is 0.43, and the total debt to equity ratio is 0.45. As far as profitability goes, gross margin for the trailing twelve months is 56.70% percent. PVH Corp.’s EBITDA margin for the year ended July 30 was 13.32%, whereas its operating margin stood at 5.10% for the same period. Based on annual data, it had gross profit of $5.12 billion and revenue of $9.02 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. PVH’s return on assets (ROA) during the last 12 months has been 1.70%. There was a 3.80% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 4.00%.
Earnings Surprise
According to PVH Corp.’s quarterly financial report for the quarter that ended July 30. A lower net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $2.16 billion, while revenues rose by 1.63% to $2.49 billion. It was predicted that PVH Corp.’s quarterly earnings would be $1.98, but it ended up being $1.76, beating the consensus by 12.50%. EBITDA was $271.1 million for the quarter. At the end of PVH Corp.’s most recent quarter ended July 30, its liabilities totaled 6.36 billion, while its total debt was $3.79 billion. Equity owned by shareholders amounts to $62.72 million.
Technical Picture
Here’s a quick look at PVH Corp.’s (PVH) price momentum from a technical perspective. As of 29 August, the RSI 9-day stood at 52.15%, suggesting the stock is Neutral, with a 25.43% historical volatility rate.
The stochastic %K and %D were 29.96% and 15.45% respectively, while the average true range (ATR) was 2.45. Based on the 14-day stochastic reading of 55.99%, the RSI (14) reading is 48.07%. On the 9-day MACD Oscillator, the stock is at 0.20, and the 14-day reading is at -0.60.
Analyst Ratings
In its most recent analyst report, Barclays raised its rating on PVH Corp. (NYSE: PVH) to an Overweight. Prior to this, analysts firm rated the stock as an Equal weight. Analysts have assigned PVH Corp. (PVH) an Overweight rating. PVH is a stock that is recommended for selling by 0 brokerage firms, while 9 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 4 rates it overweight and 5 others recommend it as a buy.
What is PVH’s price target for the next 12 months?
The current consensus forecast for the stock is between $75.00 and $122.00, with a median target price of $94.00. In analyzing these forecasts, the average price target given by analysts for PVH Corp. (PVH) is $97.25.
