PVH (PVH) Expected to Announce Quarterly Earnings on Monday

PVH (NYSE:PVH) is expected to be issuing its quarterly earnings data 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 Performance

PVH stock opened at $65.00 on Monday. The stock has a market capitalization of $3.62 billion, a PE ratio of 5.29, a price-to-earnings-growth ratio of 0.77 and a beta of 2.10. PVH has a 12-month low of $62.94 and a 12-month high of $141.15. The company has a current ratio of 1.29, a quick ratio of 0.69 and a debt-to-equity ratio of 0.31. The stock’s 50 day simple moving average is $79.85 and its 200 day simple moving average is $93.90.

PVH Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 26th. Investors of record on Wednesday, March 5th will be given a $0.0375 dividend. The ex-dividend date is Wednesday, March 5th. This represents a $0.15 annualized dividend and a yield of 0.23%. PVH’s dividend payout ratio (DPR) is presently 1.22%.

Wall Street Analysts Forecast Growth

PVH has been the topic of several analyst reports. The Goldman Sachs Group lowered their price objective on PVH from $128.00 to $109.00 and set a “buy” rating on the stock in a research report on Tuesday, March 4th. StockNews.com cut PVH from a “buy” rating to a “hold” rating in a report on Thursday, February 6th. Jefferies Financial Group lowered their price target on PVH from $104.00 to $101.00 and set a “hold” rating on the stock in a report on Tuesday, January 28th. Telsey Advisory Group reissued an “outperform” rating and set a $130.00 price target on shares of PVH in a report on Wednesday, December 4th. Finally, Morgan Stanley lowered their price target on PVH from $103.00 to $95.00 and set an “equal weight” rating on the stock in a report on Tuesday, January 21st. Eight research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $118.13.

Insider Buying and Selling at PVH

In other PVH news, EVP Mark D. Fischer sold 3,186 shares of the firm’s stock in a transaction dated Monday, December 30th. The stock was sold at an average price of $105.50, for a total transaction of $336,123.00. Following the sale, the executive vice president now directly owns 23,103 shares of the company’s stock, valued at $2,437,366.50. This trade represents a 12.12 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, 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.