Movado Group (MOV) to Release Quarterly Earnings on Tuesday

Movado Group (NYSE:MOV) is anticipated to announce its earnings results before the market opens on Tuesday, March 25th. Analysts expect the company to announce earnings of $0.39 per share and revenue of $180.62 million for the quarter.

Movado Group Stock Performance

Movado Group stock opened at $18.13 on Tuesday. The company has a market cap of $401.34 million, a P/E ratio of 17.43 and a beta of 0.96. The firm’s 50-day moving average is $19.18 and its 200-day moving average is $19.49. Movado Group has a 1 year low of $17.24 and a 1 year high of $28.26.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the stock. BWS Financial assumed coverage on shares of Movado Group in a research note on Thursday, January 2nd. They issued a “buy” rating and a $31.50 price objective on the stock. StockNews.com cut shares of Movado Group from a “buy” rating to a “hold” rating in a research note on Tuesday, March 4th.

Movado Group Company Profile

Movado Group, Inc designs, sources, markets, and distributes watches in the United States and internationally. The company operates in two segments, Watch and Accessory Brands, and Company Stores. The company offers its watches under the Movado, Concord, Ebel, Olivia Burton, and MVMT brands, as well as licensed brands comprising Coach, Tommy Hilfiger, HUGO BOSS, Lacoste, and Calvin Klein.