Movado Group (NYSE:MOV – Get Free Report)‘s stock had its “buy” rating reaffirmed by investment analysts at BWS Financial in a research note issued to investors on Friday,Benzinga reports. They presently have a $31.50 target price on the stock. BWS Financial’s target price points to a potential upside of 29.60% from the company’s current price.
A number of other research firms also recently issued reports on MOV. Weiss Ratings reissued a “hold (c)” rating on shares of Movado Group in a research note on Monday, December 29th. Wall Street Zen upgraded Movado Group from a “buy” rating to a “strong-buy” rating in a research note on Saturday, February 7th. Zacks Research upgraded shares of Movado Group from a “strong sell” rating to a “hold” rating in a research note on Monday, January 26th. Finally, Northland Securities initiated coverage on shares of Movado Group in a report on Wednesday, January 7th. They set an “outperform” rating and a $30.00 price target on the stock. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $30.75.
Read Our Latest Analysis on MOV
Movado Group Stock Performance
Movado Group (NYSE:MOV – Get Free Report) last announced its quarterly earnings data on Thursday, March 19th. The company reported $0.57 earnings per share for the quarter, beating the consensus estimate of $0.52 by $0.05. The firm had revenue of $191.58 million during the quarter, compared to the consensus estimate of $182.02 million. Movado Group had a return on equity of 5.86% and a net margin of 3.33%. Equities analysts anticipate that Movado Group will post 1.05 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Movado Group
Hedge funds have recently modified their holdings of the company. Royal Bank of Canada increased its holdings in Movado Group by 4.1% in the 1st quarter. Royal Bank of Canada now owns 26,524 shares of the company’s stock valued at $444,000 after acquiring an additional 1,042 shares during the last quarter. AQR Capital Management LLC increased its holdings in shares of Movado Group by 26.5% in the first quarter. AQR Capital Management LLC now owns 129,746 shares of the company’s stock worth $2,169,000 after purchasing an additional 27,182 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings 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. Empowered Funds LLC lifted its position in shares of Movado Group by 5.5% in the first quarter. Empowered Funds LLC now owns 108,377 shares of the company’s stock worth $1,812,000 after buying an additional 5,697 shares in the last quarter. Finally, Jane Street Group LLC lifted its position in shares of Movado Group by 11.4% in the first quarter. Jane Street Group LLC now owns 104,188 shares of the company’s stock worth $1,742,000 after buying an additional 10,670 shares in the last quarter. 72.08% of the stock is currently owned by institutional investors.
More Movado Group News
Here are the key news stories impacting Movado Group this week:
- Positive Sentiment: Q4 beat on both EPS and revenue; Movado reported $0.57 EPS vs. consensus ~$0.52 and revenue of $191.6M vs. ~$182M, with operating and adjusted operating income improving year-over-year — a core fundamental positive for the stock. Business Wire: Movado Announces Q4 Results
- Positive Sentiment: Management declared a $0.35 quarterly dividend (annualized yield ~5.6%), which supports income-focused investor demand and can act as a valuation floor for the shares.
- Positive Sentiment: Analyst support: Northland Securities / other analysts reiterated bullish views and lifted some near‑term estimates and models (and set a $30 price target), signaling continued institutional confidence in execution and longer‑term upside. TipRanks: Buy Rating on Movado
- Neutral Sentiment: Earnings-call commentary emphasized U.S. wholesale strength (double-digit growth) and a possible margin-expansion path — constructive but execution-dependent and thus treated cautiously by the market. MSN: Movado signals margin expansion path
- Negative Sentiment: Management withheld FY2027 guidance following the quarter — that uncertainty often triggers short‑term selling even after a beat, as investors prefer forward visibility. MarketWatch: Company Withholds FY27 Outlook
- Negative Sentiment: Reports flag tariff pressures and cost/headwind risks that compressed profit metrics in parts of the quarter and may pressure near‑term margins — a key concern for margin‑sensitive investors. Investing.com: Tariff pressures
- Negative Sentiment: Mixed analyst model changes: while some quarter estimates were raised, Northland trimmed certain quarterly and FY2028 projections modestly — a reminder that forward estimates remain fluid and can cap upside until clarity returns. TipRanks: Analyst note and estimate changes
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.
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