PVH (PVH) to Release Earnings on Monday

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

PVH Trading Down 3.0 %

PVH opened at $64.59 on Friday. The stock has a market cap of $3.59 billion, a PE ratio of 5.26, a PEG ratio of 0.77 and a beta of 2.10. The business has a 50 day moving average of $76.92 and a 200-day moving average of $92.92. PVH has a 52 week low of $62.94 and a 52 week high of $141.15. The company has a quick ratio of 0.69, a current ratio of 1.29 and a debt-to-equity ratio of 0.31.

PVH Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 26th. Stockholders of record on Wednesday, March 5th were issued a dividend of $0.0375 per share. This represents a $0.15 dividend on an annualized basis and a dividend yield of 0.23%. The ex-dividend date of this dividend was Wednesday, March 5th. PVH’s dividend payout ratio (DPR) is presently 1.22%.

Analyst Ratings Changes

Several research firms recently weighed in on PVH. Telsey Advisory Group cut their price target on PVH from $130.00 to $90.00 and set an “outperform” rating on the stock in a research note on Tuesday. Jefferies Financial Group cut their target price on PVH from $104.00 to $101.00 and set a “hold” rating on the stock in a research note on Tuesday, January 28th. JPMorgan Chase & Co. lowered PVH from an “overweight” rating to a “neutral” rating and lowered their price target for the stock from $149.00 to $113.00 in a research report on Friday, January 24th. Guggenheim raised their price objective on shares of PVH from $105.00 to $125.00 and gave the company a “buy” rating in a research note on Friday, December 6th. Finally, The Goldman Sachs Group dropped their target price on shares of PVH from $128.00 to $109.00 and set a “buy” rating on the stock in a research note on Tuesday, March 4th. Eight research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, PVH currently has an average rating of “Moderate Buy” and a consensus target price of $112.27.

Insider Activity

In other news, EVP Mark D. Fischer sold 3,186 shares of the business’s stock in a transaction on Monday, December 30th. The shares were sold at an average price of $105.50, for a total transaction of $336,123.00. Following the completion of the sale, the executive vice president now owns 23,103 shares of the company’s stock, valued at $2,437,366.50. The trade was a 12.12 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 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.