Out of these analysts, one contributor sees the stock price hitting high of $125 within the year while the most bearish target sees the stock at $78. The company’s revenue was up 3.7% compared to the same quarter previous year. (NYSE:PVH) has a 1.6 rating. The heightened volatility saw the trading volume jump to 12,94,191 shares. The stock has a market capitalization of $8.80 billion and a PE ratio of 13.04. PVH Corp. The company’s 50-day moving average price is $99.90 and its 200-day moving average price is $92.55.
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PVH Corp. (NYSE:PVH) last announced its earnings results on Wednesday, August 24th.
Back on 8/26/2015 the company’s estimated EPS value was $1.28 and it reported $1.37 earnings per share (EPS) for the quarter ended on 7/2015. The firm had revenue of $1.92 billion for the quarter, compared to analysts’ expectations of $1.90 billion. During the same quarter in the previous year, the company posted $1.37 EPS.
PVH Corp. has set its Q2 guidance at $1.25-1.30 EPS and its FY17 guidance at $6.45-6.55 EPS.Individual that are interested in registering for the company’s earnings conference call can do so using this link.
The business also recently declared a quarterly dividend, which will be paid on Thursday, September 15th. This represents a $0.15 dividend on an annualized basis and a yield of 0.14%.
For the current quarter ending in November, PVH expects its per-share earnings to range from $2.35 to $2.40. Ameriprise Financial Inc. boosted its stake in shares of PVH Corp.by 79.8% in the fourth quarter. “PVH Corp., formerly known as Phillips-Van Heusen Corporation, is headquartered in New York, New York”. Sentry Investment Management LLC now owns 2,981 shares of the company’s stock worth $295,000 after buying an additional 1,212 shares during the period.
Based on the latest public information, the firm is slated to next report earnings on or around 2016-08-24.
PVH Corp has 80,856,000 shares now held by shareholders which now trade around the 107.22 mark which totals PVH Corp’s market capitalisation to 8.67B United States dollars. In a research note issued to clients and investors on 26 August, UBS reconfirmed their “Buy” rating on shares of PVH. Zacks Investment Research upgraded PVH Corp. from a “hold” rating to a “buy” rating and set a $106.00 price target for the company in a research report on Tuesday, July 5th.
Last week, Deutsche Bank upped its price target on shares to $117 from $110 and maintained its “buy” rating ahead of the quarterly report. It implies if stock price makes a movement of over $-2.28, it will record a new 52-week high.
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In other PVH Corp. news, Director Geraldine Penny Mcintyre purchased 1,000 shares of PVH Corp. stock in a transaction dated Wednesday, June 15th. About 744,071 shares traded hands or 0.84% up from the average. Following the acquisition, the director now directly owns 2,193 shares in the company, valued at $213,751.71. The transaction was disclosed in a filing with the SEC, which is available at this link.
