PVH (NYSE: PVH) has recently received a number of price target changes and ratings updates:

  • 11/27/2019 – PVH had its price target raised by analysts at Royal Bank of Canada from $95.00 to $110.00. They now have an “outperform” rating on the stock.
  • 11/27/2019 – PVH had its price target raised by analysts at Telsey Advisory Group from $100.00 to $115.00. They now have an “outperform” rating on the stock.
  • 11/27/2019 – PVH had its “hold” rating reaffirmed by analysts at Barclays PLC. They now have a $98.00 price target on the stock, down previously from $100.00.
  • 11/27/2019 – PVH had its price target raised by analysts at DA Davidson from $105.00 to $115.00. They now have a “buy” rating on the stock.
  • 11/26/2019 – PVH had its price target raised by analysts at Bank of America Corp from $93.00 to $111.00. They now have a “buy” rating on the stock.
  • 11/19/2019 – PVH had its “buy” rating reaffirmed by analysts at Guggenheim. They now have a $125.00 price target on the stock.
  • 11/12/2019 – PVH is now covered by analysts at Barclays PLC. They set an “equal weight” rating and a $100.00 price target on the stock.
  • 11/4/2019 – PVH was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. They now have a $95.00 price target on the stock. According to Zacks, “Shares of PVH Corp have outperformed the industry in the past three months, driven by a robust earnings surprise history. Its earnings have surpassed the Zacks Consensus Estimate for 21 straight quarters, when it reported second-quarter fiscal 2019. In addition, PVH Corp’s Tommy Hilfiger brand is witnessing momentum and market share gains for the last few quarters, which is likely to continue ahead. Moreover, the company’s efforts to revive its Calvin Klein business are likely to bear fruits in the near term. However, PVH Corp had trimmed guidance for fiscal 2019 due to impacts from the protests in Hong Kong coupled with anticipations of a volatile macro retail landscape and US-China trade tensions. Also, soft Heritage Brands segment due to a highly promotional retail backdrop and adverse currency translations remain headwinds.”
  • 11/1/2019 – PVH was downgraded by analysts at ValuEngine from a “hold” rating to a “sell” rating.
  • 10/28/2019 – PVH was downgraded by analysts at JPMorgan Chase & Co. from an “overweight” rating to a “neutral” rating. They now have a $93.00 price target on the stock.

PVH stock opened at $96.73 on Tuesday. The company has a quick ratio of 0.71, a current ratio of 1.40 and a debt-to-equity ratio of 0.71. The company has a market capitalization of $7.19 billion, a P/E ratio of 10.08, a PEG ratio of 1.01 and a beta of 1.49. The stock’s 50 day moving average is $94.17 and its 200 day moving average is $88.99. PVH Corp has a twelve month low of $67.41 and a twelve month high of $134.24.

PVH (NYSE:PVH) last posted its quarterly earnings results on Monday, November 25th. The textile maker reported $3.10 earnings per share for the quarter, topping the consensus estimate of $2.99 by $0.11. The company had revenue of $2.59 billion for the quarter, compared to the consensus estimate of $2.54 billion. PVH had a return on equity of 12.17% and a net margin of 6.57%. The firm’s quarterly revenue was up 2.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $3.21 EPS. As a group, equities analysts expect that PVH Corp will post 9.46 EPS for the current year.

The business also recently declared a dividend, which will be paid on Thursday, December 19th. Investors of record on Wednesday, November 27th will be paid a $0.0375 dividend. The ex-dividend date is Tuesday, November 26th. PVH’s payout ratio is currently 1.56%.

In related news, Director Henry Nasella purchased 6,250 shares of the business’s stock in a transaction that occurred on Wednesday, September 4th. The shares were bought at an average price of $80.37 per share, for a total transaction of $502,312.50. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 1.20% of the company’s stock.

A number of institutional investors and hedge funds have recently modified their holdings of the business. Advisor Partners LLC boosted its stake in PVH by 3.2% during the 3rd quarter. Advisor Partners LLC now owns 4,595 shares of the textile maker’s stock valued at $405,000 after purchasing an additional 143 shares during the last quarter. Robecosam AG lifted its holdings in shares of PVH by 7.9% during the 2nd quarter. Robecosam AG now owns 2,050 shares of the textile maker’s stock valued at $191,000 after buying an additional 150 shares during the period. Coastal Investment Advisors Inc. lifted its holdings in shares of PVH by 10.0% during the 3rd quarter. Coastal Investment Advisors Inc. now owns 2,149 shares of the textile maker’s stock valued at $190,000 after buying an additional 195 shares during the period. AlphaMark Advisors LLC lifted its holdings in shares of PVH by 0.6% during the 3rd quarter. AlphaMark Advisors LLC now owns 31,231 shares of the textile maker’s stock valued at $2,756,000 after buying an additional 195 shares during the period. Finally, Janney Montgomery Scott LLC lifted its holdings in shares of PVH by 2.2% during the 2nd quarter. Janney Montgomery Scott LLC now owns 9,271 shares of the textile maker’s stock valued at $877,000 after buying an additional 198 shares during the period. Institutional investors and hedge funds own 96.49% of the company’s stock.

PVH Corp. operates as an apparel company in North America and internationally. The company operates through six segments: Calvin Klein North America, Calvin Klein International, Tommy Hilfiger North America, Tommy Hilfiger International, Heritage Brands Wholesale, and Heritage Brands Retail. It designs, markets, and retails men's and women's apparel and accessories, including branded dress shirts, dresses, suits, neckwear, sportswear, jeans wear, performance and intimate apparel, underwear, swimwear, swim products, handbags, luggage products, footwear, golf apparel, sleepwear and loungewear, fragrances, cosmetics, skincare products and toiletries, socks and tights, jewelry, watches, outerwear, small leather goods, and furnishings, as well as other related products.

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