PVH (PVH) to Release Earnings on Monday

PVH (NYSE:PVH) will announce its earnings results after the market closes on Monday, April 1st. Analysts expect the company to announce earnings of $3.49 per share for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

PVH Stock Performance

NYSE:PVH opened at $140.61 on Friday. The stock has a market cap of $8.39 billion, a PE ratio of 16.58, a price-to-earnings-growth ratio of 0.75 and a beta of 2.20. PVH has a fifty-two week low of $69.27 and a fifty-two week high of $140.75. The firm’s fifty day simple moving average is $130.48 and its 200-day simple moving average is $106.05. The company has a quick ratio of 0.66, a current ratio of 1.18 and a debt-to-equity ratio of 0.31.

PVH Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 27th. Stockholders of record on Wednesday, March 6th were issued a dividend of $0.0375 per share. The ex-dividend date of this dividend was Tuesday, March 5th. This represents a $0.15 annualized dividend and a dividend yield of 0.11%. PVH’s payout ratio is currently 1.77%.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on PVH shares. Wells Fargo & Company raised their price target on shares of PVH from $110.00 to $140.00 and gave the company an “overweight” rating in a report on Monday, December 11th. StockNews.com upgraded shares of PVH from a “hold” rating to a “buy” rating in a report on Thursday, December 7th. TD Cowen raised their price target on shares of PVH from $150.00 to $160.00 and gave the company an “outperform” rating in a report on Wednesday, March 20th. Telsey Advisory Group raised their price target on shares of PVH from $122.00 to $155.00 and gave the company an “outperform” rating in a report on Tuesday, March 26th. Finally, The Goldman Sachs Group upgraded shares of PVH from a “neutral” rating to a “buy” rating and raised their price target for the company from $99.00 to $126.00 in a report on Tuesday, December 12th. Four investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $117.93.

Insider Activity at PVH

In related news, EVP Mark D. Fischer sold 3,500 shares of the company’s stock in a transaction on Thursday, January 11th. The stock was sold at an average price of $123.00, for a total value of $430,500.00. Following the completion of the transaction, the executive vice president now directly owns 27,903 shares in the company, valued at $3,432,069. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.78% of the stock is currently owned by corporate insiders.

Institutional Trading of PVH

Hedge funds and other institutional investors have recently made changes to their positions in the business. Creative Planning boosted its holdings in PVH by 2.6% in the third quarter. Creative Planning now owns 5,074 shares of the textile maker’s stock valued at $388,000 after acquiring an additional 128 shares during the last quarter. Belpointe Asset Management LLC boosted its holdings in PVH by 39.8% in the first quarter. Belpointe Asset Management LLC now owns 492 shares of the textile maker’s stock valued at $44,000 after acquiring an additional 140 shares during the last quarter. Quarry LP boosted its holdings in PVH by 81.8% in the second quarter. Quarry LP now owns 320 shares of the textile maker’s stock valued at $27,000 after acquiring an additional 144 shares during the last quarter. Mercer Global Advisors Inc. ADV boosted its holdings in PVH by 2.1% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 8,417 shares of the textile maker’s stock valued at $1,028,000 after acquiring an additional 177 shares during the last quarter. Finally, Great West Life Assurance Co. Can boosted its holdings in PVH by 1.4% in the first quarter. Great West Life Assurance Co. Can now owns 14,483 shares of the textile maker’s stock valued at $1,157,000 after acquiring an additional 200 shares during the last quarter. 97.25% of the stock is currently owned by institutional investors and hedge funds.

PVH Company Profile

PVH Corp. operates as an apparel company in the United States and internationally. The company operates through six segments: Tommy Hilfiger North America, Tommy Hilfiger International, Calvin Klein North America, Calvin Klein International, Heritage Brands Wholesale, and Heritage Brands Retail. It designs, markets, and retails men's, women's, and children's apparel and accessories, include branded dress shirts, neckwear, sportswear, jeans wear, performance apparel, intimate apparel, underwear, swimwear, swim-related products, handbags, accessories, footwear, outerwear, home furnishings, luggage products, sleepwear, loungewear, hats, scarves, gloves, socks, watches and jewelry, eyeglasses and non-ophthalmic sunglasses, fragrance, home bed and bath furnishings, small leather goods, and other products.