Market Watch: PVH Corp (PVH)’s Noteworthy Gain, Closing at 99.10

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.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

As of close of business last night, PVH Corp’s stock clocked out at $99.10, up 3.90% from its previous closing price of $95.38. In other words, the price has increased by $3.90 from its previous closing price. On the day, 0.67 million shares were traded. PVH stock price reached its highest trading level at $101.03 during the session, while it also had its lowest trading level at $98.49.

Ratios:

To gain a deeper understanding of PVH’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.71 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.36. For the most recent quarter (mrq), Quick Ratio is recorded 0.83 and its Current Ratio is at 1.55. In the meantime, Its Debt-to-Equity ratio is 0.70 whereas as Long-Term Debt/Eq ratio is at 0.64.

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, Jefferies on April 30, 2024, initiated with a Hold rating and assigned the stock a target price of $115.

On April 15, 2024, Wedbush Upgraded its rating to Outperform which previously was Neutral but kept the price unchanged to $128.

JP Morgan reiterated its Overweight rating for the stock on April 08, 2024, while the target price for the stock was revised from $146 to $157.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 5535507968 and an Enterprise Value of 8523515904. As of this moment, PVH’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.77, and their Forward P/E ratio for the next fiscal year is 7.66. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.85. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.61 while its Price-to-Book (P/B) ratio in mrq is 1.10. Its current Enterprise Value per Revenue stands at 0.946 whereas that against EBITDA is 6.977.

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 -6.42%, while the 200-Day Moving Average is calculated to be -11.53%.

Shares Statistics:

It appears that PVH traded 811.18K shares on average per day over the past three months and 656400 shares per day over the past ten days. A total of 57.63M shares are outstanding, with a floating share count of 55.41M. Insiders hold about 0.80% of the company’s shares, while institutions hold 103.27% stake in the company. Shares short for PVH as of 1722384000 were 2097239 with a Short Ratio of 2.59, compared to 1719532800 on 1859317. Therefore, it implies a Short% of Shares Outstanding of 2097239 and a Short% of Float of 5.92.

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 0.0015726568The stock’s 5-year Average Dividend Yield is 0.13.

Most Popular