PVH Corp. (PVH) Earning Somewhat Favorable News Coverage, Analysis Finds
News stories about PVH Corp. (NYSE:PVH) have trended somewhat positive this week, Accern Sentiment reports. Accern rates the sentiment of media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. PVH Corp. earned a media sentiment score of 0.19 on Accern’s scale. Accern also assigned news articles about the textile maker an impact score of 46.0890586781977 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
These are some of the media stories that may have effected Accern Sentiment Analysis’s analysis:
- DaVita Inc., (NYSE: DVA), CYS Investments, Inc., (NYSE: CYS), PVH Corp., (NYSE: PVH), Mid-America Apartment … – Stocks In The News (press release) (tradingnewsnow.com)
- PVH Corp. (PVH) Ex-Dividend Date Scheduled for November 21, 2017 – Nasdaq (nasdaq.com)
- Brand Strength Likely to Aid PVH Corp (PVH) in Q3 Earnings (finance.yahoo.com)
- PVH CORP : ex-dividend day (4-traders.com)
- Calvin Klein announces holiday retail experience with Amazon Fashion (indiaretailing.com)
Shares of PVH Corp. (PVH) traded down $0.84 on Wednesday, hitting $135.27. The stock had a trading volume of 915,872 shares, compared to its average volume of 1,008,390. The company has a quick ratio of 0.88, a current ratio of 1.80 and a debt-to-equity ratio of 0.63. The stock has a market cap of $10,470.00, a PE ratio of 19.02, a PEG ratio of 1.35 and a beta of 0.59. PVH Corp. has a fifty-two week low of $84.53 and a fifty-two week high of $136.84.
PVH Corp. (NYSE:PVH) last announced its quarterly earnings data on Wednesday, August 23rd. The textile maker reported $1.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.65 by $0.04. The business had revenue of $2.07 billion during the quarter, compared to analysts’ expectations of $2.02 billion. PVH Corp. had a return on equity of 11.67% and a net margin of 4.96%. The business’s quarterly revenue was up 7.1% compared to the same quarter last year. During the same quarter last year, the business posted $1.47 EPS. research analysts forecast that PVH Corp. will post 7.71 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 20th. Stockholders of record on Wednesday, November 22nd will be paid a $0.038 dividend. This represents a $0.15 annualized dividend and a dividend yield of 0.11%. The ex-dividend date is Tuesday, November 21st. PVH Corp.’s payout ratio is presently 2.87%.
A number of brokerages recently issued reports on PVH. B. Riley reissued a “buy” rating on shares of PVH Corp. in a research report on Wednesday, November 1st. Piper Jaffray Companies set a $148.00 price objective on PVH Corp. and gave the stock a “buy” rating in a research report on Thursday, November 16th. Cowen and Company set a $140.00 price objective on PVH Corp. and gave the stock a “buy” rating in a research report on Friday, August 11th. BidaskClub raised PVH Corp. from a “buy” rating to a “strong-buy” rating in a research report on Thursday, August 10th. Finally, Bank of America Corporation began coverage on PVH Corp. in a research report on Thursday, August 3rd. They set a “buy” rating and a $146.00 price objective for the company. Six investment analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $138.71.
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In related news, EVP David F. Kozel sold 8,867 shares of the business’s stock in a transaction that occurred 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 Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Francis K. Duane sold 24,000 shares of the business’s stock in a transaction that occurred 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 sold a total of 39,307 shares of company stock valued at $4,980,787 in the last quarter. Company insiders own 1.50% of the company’s stock.
PVH Corp. Company Profile
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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