PVH (PVH) Expected to Announce Earnings on Monday

PVH (NYSE:PVH) is expected to announce its earnings results before the market opens on Monday, March 31st. Analysts expect the company to announce earnings of $3.19 per share and revenue of $2.34 billion for the quarter.

PVH Stock Down 3.0 %

Shares of PVH stock opened at $64.59 on Friday. The company has a market capitalization of $3.59 billion, a price-to-earnings ratio of 5.26, a PEG ratio of 0.77 and a beta of 2.10. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.29 and a quick ratio of 0.69. The company’s fifty day moving average price is $76.92 and its 200-day moving average price is $92.92. PVH has a one year low of $62.94 and a one year high of $141.15.

PVH Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 26th. Stockholders of record on Wednesday, March 5th were given a $0.0375 dividend. The ex-dividend date of this dividend was Wednesday, March 5th. This represents a $0.15 annualized dividend and a dividend yield of 0.23%. PVH’s payout ratio is 1.22%.

Analysts Set New Price Targets

A number of research firms recently commented on PVH. UBS Group lowered their price target on PVH from $172.00 to $160.00 and set a “buy” rating on the stock in a report on Wednesday, March 19th. The Goldman Sachs Group lowered their target price on shares of PVH from $128.00 to $109.00 and set a “buy” rating on the stock in a report on Tuesday, March 4th. Telsey Advisory Group dropped their target price on shares of PVH from $130.00 to $90.00 and set an “outperform” rating for the company in a research report on Tuesday. Citigroup reduced their price target on shares of PVH from $123.00 to $72.00 and set a “neutral” rating on the stock in a report on Tuesday. Finally, Wells Fargo & Company downgraded shares of PVH from an “overweight” rating to an “equal weight” rating and dropped their price objective for the company from $130.00 to $105.00 in a report on Monday, February 3rd. Eight analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $112.27.

Insider Activity

In related 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 completion of the sale, the executive vice president now directly owns 23,103 shares in the company, valued at $2,437,366.50. The trade was a 12.12 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 1.00% of the company’s stock.

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.