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The price of Movado Group, Inc. (NYSE: MOV) closed at $18.48 in the last session, down -0.65% from day before closing price of $18.60. In other words, the price has decreased by -$0.65 from its previous closing price. On the day, 1.09 million shares were traded. MOV stock price reached its highest trading level at $18.61 during the session, while it also had its lowest trading level at $17.92.
Ratios:
We take a closer look at MOV’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.07 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.02. For the most recent quarter (mrq), Quick Ratio is recorded 2.92 and its Current Ratio is at 4.41. In the meantime, Its Debt-to-Equity ratio is 0.19 whereas as Long-Term Debt/Eq ratio is at 0.15.
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, The Benchmark Company on September 29, 2023, initiated with a Buy rating and assigned the stock a target price of $41.
On August 29, 2019, Cowen Downgraded its rating to Market Perform which previously was Outperform and also lowered its target price recommendation from $40 to $22.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jul 17 ’24 when Kennedy Michelle sold 1,245 shares for $26.05 per share. The transaction valued at 32,432 led to the insider holds 12,202 shares of the business.
DEMARSILIS SALLIE A sold 31,630 shares of MOV for $968,637 on Dec 22 ’23. The Chief Financial Officer now owns 66,600 shares after completing the transaction at $30.62 per share. On Dec 21 ’23, another insider, DEMARSILIS SALLIE A, who serves as the Chief Financial Officer of the company, sold 13,210 shares for $30.84 each. As a result, the insider received 407,344 and left with 66,600 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, MOV now has a Market Capitalization of 410655168 and an Enterprise Value of 309106048. As of this moment, Movado’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.60, and their Forward P/E ratio for the next fiscal year is 7.28. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.77. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.62 while its Price-to-Book (P/B) ratio in mrq is 0.81. Its current Enterprise Value per Revenue stands at 0.466 whereas that against EBITDA is 6.471.
Stock Price History:
Over the past 52 weeks, MOV has reached a high of $31.44, while it has fallen to a 52-week low of $18.02. The 50-Day Moving Average of the stock is -19.62%, while the 200-Day Moving Average is calculated to be -29.34%.
Shares Statistics:
According to the various share statistics, MOV traded on average about 171.17K shares per day over the past 3-months and 462100 shares per day over the past 10 days. A total of 15.68M shares are outstanding, with a floating share count of 15.13M. Insiders hold about 31.93% of the company’s shares, while institutions hold 69.60% stake in the company. Shares short for MOV as of 1724976000 were 695822 with a Short Ratio of 4.19, compared to 1722384000 on 861620. Therefore, it implies a Short% of Shares Outstanding of 695822 and a Short% of Float of 6.52.
Dividends & Splits
The forward annual dividend rate for MOV is 1.40, which was 1.4 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.07526881The stock’s 5-year Average Dividend Yield is 3.73.
