A number of research firms have changed their ratings and price targets for PVH Corp. (NYSE: PVH):

  • 9/4/2017 – PVH Corp. was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “PVH Corp. has outperformed the industry year to date driven by its superb earnings history and brand strength. The company posted better-than-expected earnings and sales results for second-quarter fiscal 2017. While sales marked its fourth consecutive beat, earnings retained its positive surprise trend for the 13th straight time. Results continued to gain from solid momentum at its Calvin Klein and Tommy Hilfiger brands, particularly in the international regions. Further, the company raised earnings outlook for fiscal 2017. However, concerns regarding the volatile macroeconomic and geopolitical environment remain. While currency rates improved in second quarter, currency headwinds are expected to hurt fiscal 2017 earnings by 20 cents per share. Apart from this, a volatile retail scenario and greater marketing costs may hurt performance. Nonetheless, the company’s efforts to keep pace with the evolving consumer trends bode well.”
  • 9/1/2017 – PVH Corp. was downgraded by analysts at ValuEngine from a “buy” rating to a “hold” rating.
  • 8/25/2017 – PVH Corp. had its price target raised by analysts at Buckingham Research from $142.00 to $143.00. They now have a “buy” rating on the stock.
  • 8/25/2017 – PVH Corp. had its price target raised by analysts at Citigroup Inc. from $125.00 to $148.00. They now have a “neutral” rating on the stock.
  • 8/24/2017 – PVH Corp. was given a new $149.00 price target on by analysts at Credit Suisse Group. They now have a “buy” rating on the stock.
  • 8/24/2017 – PVH Corp. had its “buy” rating reaffirmed by analysts at UBS AG. They now have a $140.00 price target on the stock, up previously from $128.00.
  • 8/24/2017 – PVH Corp. was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $135.00 price target on the stock. According to Zacks, “PVH Corp. has outperformed the industry year to date driven by its superb earnings history and brand strength. The company posted better-than-expected earnings and sales results for second-quarter fiscal 2017. While sales marked its fourth consecutive beat, earnings retained its positive surprise trend for the 13th straight time. Results continued to gain from solid momentum at its Calvin Klein and Tommy Hilfiger brands, particularly in the international regions. Further, the company raised earnings outlook for fiscal 2017. However, concerns regarding the volatile macroeconomic and geopolitical environment remain. While currency rates improved in second quarter, currency headwinds are expected to hurt fiscal 2017 earnings by 20 cents per share. Apart from this, a volatile retail scenario and greater marketing costs may hurt performance. Nonetheless, the company’s efforts to keep pace with the evolving consumer trends bode well.”
  • 8/24/2017 – PVH Corp. had its price target raised by analysts at Wells Fargo & Company from $126.00 to $138.00. They now have an “outperform” rating on the stock.
  • 8/23/2017 – PVH Corp. was given a new $145.00 price target on by analysts at Cowen and Company. They now have a “buy” rating on the stock.
  • 8/23/2017 – PVH Corp. was downgraded by analysts at BidaskClub from a “strong-buy” rating to a “buy” rating.
  • 8/23/2017 – PVH Corp. was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “PVH Corp. has outperformed the broader industry year to date. The company has been doing well on the back of superb earnings history, and strength of its Calvin Klein and Tommy Hilfiger brands. The company's diversified portfolio allows it to stay ahead of its peers, generate above-average industry growth and sustain its position in the current challenging environment. PVH’s approach to brand management facilitates each of its brands to develop further through efficient marketing strategies, financial control and operating leverage. Further, focus on omnichannel development and higher-margin businesses through buyouts bode well. The company’s raised fiscal 2017 view reflects confidence in its investments in brands and global platforms. However, management expects currency woes, along with a volatile retail scenario to remain deterrents in fiscal 2017. Estimates have been going up lately ahead of the second quarter earnings.”
  • 8/23/2017 – PVH Corp. was given a new $148.00 price target on by analysts at Piper Jaffray Companies. They now have an “overweight” rating on the stock.
  • 8/21/2017 – PVH Corp. was given a new $135.00 price target on by analysts at FBR & Co. They now have a “buy” rating on the stock. They wrote, “We are reiterating our Buy rating, estimates, and price target of $135 on PVH ahead of what should be a positive 2Q print and ensuing conference call on numerous levels, including domestic market share gains for Calvin Klein and Tommy Hilfiger, strong European and Asian results, and a weakening of the USD, which should all be key positives for PVH. As such, we expect a solid quarter and continued material progress in F2H18.””
  • 8/18/2017 – PVH Corp. was given a new $136.00 price target on by analysts at Credit Suisse Group. They now have a “buy” rating on the stock.
  • 8/11/2017 – PVH Corp. was given a new $140.00 price target on by analysts at Cowen and Company. They now have a “buy” rating on the stock.
  • 8/10/2017 – PVH Corp. was upgraded by analysts at BidaskClub from a “buy” rating to a “strong-buy” rating.
  • 8/7/2017 – PVH Corp. was given a new $143.00 price target on by analysts at Piper Jaffray Companies. They now have a “buy” rating on the stock.
  • 8/3/2017 – PVH Corp. is now covered by analysts at Bank of America Corporation. They set a “buy” rating and a $146.00 price target on the stock.
  • 7/31/2017 – PVH Corp. was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
  • 7/27/2017 – PVH Corp. was given a new $120.00 price target on by analysts at Cowen and Company. They now have a “buy” rating on the stock.
  • 7/17/2017 – PVH Corp. had its “buy” rating reaffirmed by analysts at Buckingham Research. They now have a $127.00 price target on the stock.
  • 7/12/2017 – PVH Corp. was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating.
  • 7/11/2017 – PVH Corp. is now covered by analysts at FBR & Co. They set an “outperform” rating and a $135.00 price target on the stock.

PVH Corp. (NYSE:PVH) traded up 0.16% on Wednesday, reaching $128.70. The company’s stock had a trading volume of 127,030 shares. PVH Corp. has a 52 week low of $84.53 and a 52 week high of $130.75. The company has a 50 day moving average of $121.75 and a 200 day moving average of $106.94. The firm has a market capitalization of $10.01 billion, a price-to-earnings ratio of 24.54 and a beta of 0.46.

PVH Corp. (NYSE:PVH) last released its quarterly earnings results on Wednesday, August 23rd. The textile maker reported $1.69 EPS for the quarter, topping analysts’ consensus estimates of $1.65 by $0.04. PVH Corp. had a return on equity of 11.67% and a net margin of 4.96%. The company had revenue of $2.07 billion for the quarter, compared to analysts’ expectations of $2.02 billion. During the same period in the prior year, the firm earned $1.47 earnings per share. The firm’s revenue was up 7.1% compared to the same quarter last year. On average, analysts forecast that PVH Corp. will post $7.71 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, September 22nd. Shareholders of record on Thursday, August 24th will be paid a dividend of $0.038 per share. This represents a $0.15 dividend on an annualized basis and a yield of 0.12%. The ex-dividend date is Tuesday, August 22nd. PVH Corp.’s dividend payout ratio (DPR) is 2.87%.

In other PVH Corp. news, EVP David F. Kozel sold 8,867 shares of the company’s stock in a transaction on Friday, August 25th. The stock was sold at an average price of $125.19, for a total transaction of $1,110,059.73. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Francis K. Duane sold 24,000 shares of the company’s stock in a transaction on Friday, August 25th. The stock was sold at an average price of $126.86, for a total value of $3,044,640.00. The disclosure for this sale can be found here. Insiders have sold 89,997 shares of company stock worth $10,474,786 over the last 90 days. 1.50% of the stock is owned by insiders.

PVH Corp. is an apparel company. The Company operates through three segments: Calvin Klein, which consists of the Calvin Klein North America and Calvin Klein International segments; Tommy Hilfiger, which consists of the Tommy Hilfiger North America and Tommy Hilfiger International segments, and Heritage Brands, which consists of the Heritage Brands Wholesale and Heritage Brands Retail segments.

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