PVH Corp (NYSE: PVH) closed the day trading at $108.68 down -22.22% from the previous closing price of $139.73. In other words, the price has decreased by -$31.05 from its previous closing price. On the day, 6732277 shares were traded.
Ratios:
For a better understanding of PVH, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.16 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.61. For the most recent quarter (mrq), Quick Ratio is recorded 0.66 and its Current Ratio is at 1.18. In the meantime, Its Debt-to-Equity ratio is 0.69 whereas as Long-Term Debt/Eq ratio is at 0.52.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Telsey Advisory Group on March 26, 2024, Reiterated its Outperform rating but revised its target price to $155 from $122 previously.
On February 16, 2024, TD Cowen Upgraded its rating to Outperform which previously was Market Perform and also upped its target price recommendation from $86 to $150.
Goldman Upgraded its Neutral to Buy on December 12, 2023, whereas the target price for the stock was revised from $99 to $126.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jan 11 ’24 when FISCHER MARK D sold 3,500 shares for $123.00 per share. The transaction valued at 430,500 led to the insider holds 27,903 shares of the business.
FULLER JULIE sold 3,650 shares of PVH for $440,884 on Dec 21 ’23. The Chief People Officer now owns 16,191 shares after completing the transaction at $120.79 per share. On Dec 14 ’23, another insider, HAGMAN MARTIJN, who serves as the CEO TH Global/PVH Europe of the company, sold 18,900 shares for $115.69 each. As a result, the insider received 2,186,541 and left with 49,514 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PVH now has a Market Capitalization of 8.33B and an Enterprise Value of 11.64B. As of this moment, PVH’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.01, and their Forward P/E ratio for the next fiscal year is 8.38. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.75. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.70 while its Price-to-Book (P/B) ratio in mrq is 1.29. Its current Enterprise Value per Revenue stands at 1.26 whereas that against EBITDA is 9.87.
Stock Price History:
Over the past 52 weeks, PVH has reached a high of $141.15, while it has fallen to a 52-week low of $69.27. The 50-Day Moving Average of the stock is 130.67, while the 200-Day Moving Average is calculated to be 100.26.
Shares Statistics:
Over the past 3-months, PVH traded about 813.38K shares per day on average, while over the past 10 days, PVH traded about 1.73M shares per day. A total of 62.71M shares are outstanding, with a floating share count of 59.30M. Insiders hold about 0.56% of the company’s shares, while institutions hold 103.57% stake in the company. Shares short for PVH as of Mar 15, 2024 were 2.04M with a Short Ratio of 2.51, compared to 2.52M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.42% and a Short% of Float of 4.50%.
Dividends & Splits
PVH’s forward annual dividend rate is 0.15, up from 0.00 a year ago. Against a Trailing Annual Dividend Yield of 0.00%, it implies a Forward Annual Dividend Yield of 0.14%. The stock’s 5-year Average Dividend Yield is 0.13. The current Payout Ratio is 1.39% for PVH, which recently paid a dividend on Mar 27, 2024 with an ex-dividend date of Mar 05, 2024. Stock splits for the company last occurred on Oct 10, 1991 when the company split stock in a 2:1 ratio.
Earnings Estimates
Current recommendations for the stock of the company come from 11 analysts. On average, analysts expect EPS of $2.59 for the current quarter, with a high estimate of $3.16 and a low estimate of $2.22, while EPS last year was $2.14. The consensus estimate for the next quarter is $2.53, with high estimates of $2.97 and low estimates of $2.3.
Analysts are recommending an EPS of between $13 and $11.5 for the fiscal current year, implying an average EPS of $12.08. EPS for the following year is $13.6, with 10 analysts recommending between $14.75 and $12.14.
Revenue Estimates
8 analysts predict $2.08B in revenue for the current quarter. It ranges from a high estimate of $2.18B to a low estimate of $2B. As of the current estimate, PVH Corp’s year-ago sales were $2.12B, an estimated decrease of -2.20% from the year-ago figure.
A total of 15 analysts have provided revenue estimates for PVH’s current fiscal year. The highest revenue estimate was $9.32B, while the lowest revenue estimate was $8.64B, resulting in an average revenue estimate of $9.06B. In the same quarter a year ago, actual revenue was $9.22B, down -1.80% from the average estimate. Based on 10 analysts’ estimates, the company’s revenue will be $9.44B in the next fiscal year. The high estimate is $9.82B and the low estimate is $9B. The average revenue growth estimate for next year is up 4.20% from the average revenue estimate for this year.
