Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The closing price of PVH Corp (NYSE: PVH) was $110.79 for the day, down -1.84% from the previous closing price of $112.87. In other words, the price has decreased by -$1.84 from its previous closing price. On the day, 0.77 million shares were traded. PVH stock price reached its highest trading level at $111.67 during the session, while it also had its lowest trading level at $109.705.
Ratios:
Our analysis of PVH’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.03 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.82. 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.
On April 08, 2024, JP Morgan reiterated its Overweight rating and also lowered its target price recommendation from $146 to $157.
Telsey Advisory Group reiterated its Outperform rating for the stock on April 03, 2024, while the target price for the stock was revised from $155 to $140.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Apr 11 ’24 when HOLMES JAMES sold 3,000 shares for $108.39 per share. The transaction valued at 325,178 led to the insider holds 13,904 shares of the business.
FISCHER MARK D sold 3,500 shares of PVH for $430,500 on Jan 11 ’24. The EVP, General Counsel & Sec. now owns 27,903 shares after completing the transaction at $123.00 per share. On Dec 21 ’23, another insider, FULLER JULIE, who serves as the Chief People Officer of the company, sold 3,650 shares for $120.79 each. As a result, the insider received 440,884 and left with 16,191 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 6391353344 and an Enterprise Value of 9227354112. As of this moment, PVH’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.21, and their Forward P/E ratio for the next fiscal year is 8.76. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.76. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.69 while its Price-to-Book (P/B) ratio in mrq is 1.25. Its current Enterprise Value per Revenue stands at 1.001 whereas that against EBITDA is 7.585.
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 -11.68%, while the 200-Day Moving Average is calculated to be 9.62%.
Shares Statistics:
PVH traded an average of 1.02M shares per day over the past three months and 974550 shares per day over the past ten days. A total of 57.63M shares are outstanding, with a floating share count of 57.31M. Insiders hold about 0.66% of the company’s shares, while institutions hold 106.86% stake in the company. Shares short for PVH as of 1713139200 were 1488672 with a Short Ratio of 1.47, compared to 1710460800 on 2040937. Therefore, it implies a Short% of Shares Outstanding of 1488672 and a Short% of Float of 3.4299999999999997.
Dividends & Splits
With its trailing 12-month dividend rate of 0.15, PVH has a forward annual dividend rate of 0.15. Against a Trailing Annual Dividend Yield of 0.0013289625The stock’s 5-year Average Dividend Yield is 0.13.
