PVH Corp. (NYSE:PVH) Given Consensus Recommendation of “Moderate Buy” by Analysts

PVH Corp. (NYSE:PVH) has received a consensus recommendation of “Moderate Buy” from the fifteen analysts that are currently covering the firm, MarketBeat Ratings reports. Seven research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The average twelve-month target price among brokers that have covered the stock in the last year is $118.07.

Several equities research analysts have recently commented on PVH shares. Guggenheim boosted their price objective on PVH from $105.00 to $125.00 and gave the company a “buy” rating in a report on Friday, December 6th. Telsey Advisory Group restated an “outperform” rating and set a $130.00 price target on shares of PVH in a research note on Wednesday, December 4th. StockNews.com lowered shares of PVH from a “buy” rating to a “hold” rating in a research note on Thursday, February 6th. JPMorgan Chase & Co. lowered shares of PVH from an “overweight” rating to a “neutral” rating and lowered their target price for the stock from $149.00 to $113.00 in a report on Friday, January 24th. Finally, Jefferies Financial Group dropped their price objective on PVH from $104.00 to $101.00 and set a “hold” rating on the stock in a research note on Tuesday, January 28th.

Insiders Place Their Bets

In other news, EVP Mark D. Fischer sold 3,186 shares of the stock in a transaction on Monday, December 30th. The stock was sold at an average price of $105.50, for a total transaction of $336,123.00. Following the completion of the transaction, the executive vice president now owns 23,103 shares in the company, valued at approximately $2,437,366.50. This represents a 12.12 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 1.00% of the company’s stock.

Institutional Investors Weigh In On PVH

Institutional investors 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% in the third quarter. Venturi Wealth Management LLC now owns 272 shares of the textile maker’s stock worth $27,000 after purchasing an additional 106 shares in the last quarter. UMB Bank n.a. boosted its holdings in PVH by 78.5% in the 4th quarter. UMB Bank n.a. now owns 282 shares of the textile maker’s stock worth $30,000 after buying an additional 124 shares during the period. GAMMA Investing LLC grew its stake in PVH by 36.0% in the 4th quarter. GAMMA Investing LLC now owns 487 shares of the textile maker’s stock valued at $52,000 after buying an additional 129 shares in the last quarter. Treasurer of the State of North Carolina raised its holdings in PVH by 0.6% during the 4th quarter. Treasurer of the State of North Carolina now owns 24,386 shares of the textile maker’s stock valued at $2,579,000 after acquiring an additional 150 shares during the period. Finally, Envestnet Asset Management Inc. lifted its position in shares of PVH by 0.5% during the fourth quarter. Envestnet Asset Management Inc. now owns 30,711 shares of the textile maker’s stock worth $3,248,000 after acquiring an additional 152 shares in the last quarter. 97.25% of the stock is owned by hedge funds and other institutional investors.

PVH Price Performance

PVH stock opened at $71.24 on Thursday. The stock has a market capitalization of $3.96 billion, a price-to-earnings ratio of 5.80, a PEG ratio of 0.77 and a beta of 2.10. PVH has a 52-week low of $68.80 and a 52-week high of $141.15. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.69 and a current ratio of 1.29. The stock’s 50 day moving average price is $89.08 and its two-hundred day moving average price is $96.76.

PVH (NYSE:PVH) last posted its quarterly earnings results on Wednesday, December 4th. The textile maker reported $3.03 EPS for the quarter, topping analysts’ consensus estimates of $2.59 by $0.44. The business had revenue of $2.26 billion during the quarter, compared to analysts’ expectations of $2.22 billion. PVH had a net margin of 8.13% and a return on equity of 13.66%. The business’s quarterly revenue was down 4.6% on a year-over-year basis. During the same period last year, the company posted $2.90 earnings per share. On average, equities analysts predict that PVH will post 11.67 earnings per share for the current year.

PVH Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 26th. Shareholders of record on Wednesday, March 5th will be issued a dividend of $0.0375 per share. This represents a $0.15 annualized dividend and a yield of 0.21%. The ex-dividend date of this dividend is Wednesday, March 5th. PVH’s dividend payout ratio (DPR) is 1.22%.

PVH Company Profile

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.