The Hourly View for PVH
Currently, PVH’s price is down $-0.03 (-0.05%) from the hour prior. This move is a reversal from the hour prior, which saw price move up. Regarding the trend, note that the strongest trend exists on the 100 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.
PVH’s Technical Outlook on the Daily Chart
At the time of this writing, PVH’s price is up $2.04 (2.49%) from the day prior. The daily chart shows that PVH has seen 2 straight up days. If you’re a trend trader, consider that the strongest clear trend on the daily chart exists on the 20 day timeframe. The moving averages on the daily timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment — meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend. The chart below shows PVH’s price action over the past 90 days.
For PVH News Traders
News traders keeping an eye on PVH may find value in this recent story:
PVH (NYSE:PVH) releases its next round of earnings this Wednesday, December 02. Get the latest predictions in Benzinga’s essential guide to the company’s Q3 earnings report.Net Income, Earnings, And Earnings Per Share Earnings and especially earnings per share (EPS) are useful measures of a company’s profitability. Total earnings, which is also referred to as net income, equals total revenue minus total expenses. EPS equals to net income divided by the number of shares outstanding.Earnings And Revenue Analysts predict PVH will report earnings of $0.18 per share on revenue of $1.99 billion. In the same quarter last year, PVH reported EPS of $3.1 on revenue of $2.59 billion.What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter? Analysts who cover this company will publish forward-looking estimates of its revenue and EPS each quarter. Averaging together every EPS and revenue prediction that each analyst makes about a company in a quarter yields the “consensus estimates.” A company posting earnings or revenue above or below the consensus estimate is known as an “earnings surprise” and may move the stock by a considerable margin.View more earnings on PVHIf the company were to post earnings in line with the consensus estimate when it reports Wednesday, EPS would be down 94.19%. Revenue would be down 23.11% from the year-ago period. Here is how the company’s reported EPS has stacked up against analyst estimates in the past:Quarter Q2 2020 Q1 2020 Q4 2020 Q3 2019 EPS Estimate -2.42 -1.28 1.81 2.99 EPS Actual 0.13 -3.03 1.88 3.10 Revenue Estimate 1.25 B 1.40 B 2.50 B 2.54 B Revenue Actual 1.58 B 1.34 B 2.60 B 2.59 B Stock Performance Shares of PVH were trading at $79.5 as of November 30. Over the last 52-week period, shares are down 15.03%. Given that these returns are generally negative, long-term shareholders are probably unhappy going into this earnings release.Do not be surprised to see the stock move on comments made during its conference call. PVH is scheduled to hold the call at 09:00:00 ET and can be accessed here.See more from Benzinga * Click here for options trades from Benzinga * Earnings Outlook for Okta * Understanding CSG Systems International’s Ex-Dividend Date(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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