Movado Group (NYSE:MOV) Sets New 1-Year High – Here’s Why

Movado Group Inc. (NYSE:MOV) shares reached a new 52-week high on Friday . The company traded as high as $22.64 and last traded at $22.6260, with a volume of 102140 shares trading hands. The stock had previously closed at $22.41.

Key Movado Group News

Here are the key news stories impacting Movado Group this week:

• Positive Sentiment: Northland initiated coverage with a “Strong‑Buy” and published aggressive multi‑year EPS targets (e.g., FY2026 $1.31, FY2027 $1.54, FY2028 $1.87) — a clear positive catalyst that can prompt analyst revisions and re‑rating of the stock. Northland Securities Initiates Coverage on Movado Group (NYSE:MOV)
• Positive Sentiment: Multiple Northland notes provide quarter‑by‑quarter EPS forecasts (Q4’26, Q1‑Q4’27, Q1‑Q3’28) reinforcing the firm’s confidence in near‑term and medium‑term earnings recovery — supportive for shares if other brokers follow. Movado Group upgraded to Strong‑Buy – Zacks
• Neutral Sentiment: Current consensus for the company’s full‑year earnings remains around $1.05; Northland’s figures exceed that by a wide margin. The divergence creates upside potential but also means the stock will be sensitive to actual quarter results versus these higher expectations.
• Negative Sentiment: Movado recently missed a quarterly EPS estimate (reported $0.45 vs. $0.57 consensus in November), so despite the bullish coverage, any near‑term operational slip or margin pressure could trigger downside as expectations rise.

Analyst Ratings Changes

MOV has been the topic of a number of research reports. BWS Financial reaffirmed a “buy” rating and issued a $31.50 price target on shares of Movado Group in a report on Wednesday, November 26th. Weiss Ratings reissued a “hold (c)” rating on shares of Movado Group in a research report on Monday, December 29th. Wall Street Zen upgraded Movado Group from a “hold” rating to a “buy” rating in a research note on Friday, November 28th. Northland Capmk raised Movado Group to a “strong-buy” rating in a report on Wednesday. Finally, Northland Securities started coverage on Movado Group in a research note on Wednesday. They issued an “outperform” rating and a $30.00 price objective on the stock. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Movado Group has a consensus rating of “Moderate Buy” and a consensus target price of $30.75.

Movado Group Stock Performance

The business has a 50 day moving average of $20.22 and a 200-day moving average of $18.44. The company has a market capitalization of $500.89 million, a P/E ratio of 23.33 and a beta of 0.90.

Movado Group (NYSE:MOV) last posted its earnings results on Tuesday, November 25th. The company reported $0.45 earnings per share for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.12). Movado Group had a net margin of 3.33% and a return on equity of 5.86%. The company had revenue of $186.13 million for the quarter, compared to analysts’ expectations of $185.89 million. During the same period in the previous year, the firm earned $0.22 EPS. As a group, equities analysts forecast that Movado Group Inc. will post 1.05 EPS for the current fiscal year.

Movado Group Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 22nd. Stockholders of record on Monday, December 8th were issued a $0.35 dividend. The ex-dividend date of this dividend was Monday, December 8th. This represents a $1.40 annualized dividend and a dividend yield of 6.2%. Movado Group’s dividend payout ratio is presently 144.33%.

Hedge Funds Weigh In On Movado Group

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. raised its holdings in shares of Movado Group by 5.9% in the 3rd quarter. Vanguard Group Inc. now owns 1,029,220 shares of the company’s stock valued at $19,524,000 after acquiring an additional 57,353 shares in the last quarter. Goldman Sachs Group Inc. increased its position in shares of Movado Group by 212.8% in the first quarter. Goldman Sachs Group Inc. now owns 671,397 shares of the company’s stock worth $11,226,000 after purchasing an additional 456,727 shares during the last quarter. Ameriprise Financial Inc. raised its stake in Movado Group by 14.4% in the second quarter. Ameriprise Financial Inc. now owns 636,862 shares of the company’s stock valued at $9,712,000 after purchasing an additional 80,109 shares in the last quarter. Geode Capital Management LLC lifted its position in Movado Group by 0.3% during the second quarter. Geode Capital Management LLC now owns 374,858 shares of the company’s stock valued at $5,718,000 after purchasing an additional 1,131 shares during the last quarter. Finally, Brandes Investment Partners LP bought a new stake in Movado Group during the second quarter valued at approximately $5,540,000. 72.08% of the stock is currently owned by hedge funds and other institutional investors.

About Movado Group

Movado Group, Inc is a global designer, manufacturer and distributor of watches and related jewelry products. The company’s portfolio encompasses both owned and licensed brands, offering a wide range of timepieces from luxury to accessible price points. Major owned brands include Movado, Concord, and Ebel, alongside newer acquisitions such as MVMT and Olivia Burton. In addition, Movado Group holds licensing agreements to produce watches under fashion names like Hugo Boss, Tommy Hilfiger, Coach, Lacoste and Scuderia Ferrari.

Movado Group’s product line spans classic dress watches, sport and dive models, fashion-forward designs and limited-edition collections.