Shares of PVH Corp. (NYSE:PVH) have earned an average recommendation of “Buy” from the fifteen ratings firms that are covering the firm. Four investment analysts have rated the stock with a hold rating and eleven have issued a buy rating on the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $115.43.
PVH has been the topic of several analyst reports. Brean Capital reiterated a “buy” rating on shares of PVH Corp. in a research note on Thursday, September 22nd. Piper Jaffray Cos. set a $124.00 price target on PVH Corp. and gave the stock a “buy” rating in a research note on Thursday, September 29th. Guggenheim started coverage on PVH Corp. in a research note on Friday, September 30th. They set a “buy” rating and a $125.00 price target on the stock. Zacks Investment Research lowered PVH Corp. from a “hold” rating to a “strong sell” rating in a research note on Wednesday, November 2nd. Finally, Wunderlich restated a “buy” rating and set a $125.00 price target on shares of PVH Corp. in a research note on Sunday, December 4th.
PVH Corp. (NYSE:PVH) opened at 93.36 on Thursday. The stock has a market cap of $7.40 billion, a P/E ratio of 13.06 and a beta of 0.71. PVH Corp. has a 1-year low of $65.87 and a 1-year high of $115.40. The stock has a 50 day moving average of $96.45 and a 200 day moving average of $103.42.
PVH Corp. (NYSE:PVH) last posted its earnings results on Wednesday, November 30th. The company reported $2.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.40 by $0.20. PVH Corp. had a return on equity of 12.15% and a net margin of 7.10%. The company had revenue of $2.24 billion for the quarter, compared to analyst estimates of $2.23 billion. During the same quarter in the previous year, the firm earned $2.66 earnings per share. The firm’s quarterly revenue was up 3.7% compared to the same quarter last year. Equities analysts anticipate that PVH Corp. will post $6.76 EPS for the current fiscal year.
Hedge funds have recently bought and sold shares of the stock. Norinchukin Bank The boosted its stake in PVH Corp. by 1.0% in the third quarter. Norinchukin Bank The now owns 4,295 shares of the company’s stock worth $475,000 after buying an additional 43 shares during the period. US Bancorp DE boosted its stake in PVH Corp. by 1.3% in the third quarter. US Bancorp DE now owns 6,563 shares of the company’s stock worth $724,000 after buying an additional 84 shares during the period. Howard Hughes Medical Institute boosted its stake in PVH Corp. by 2.5% in the third quarter. Howard Hughes Medical Institute now owns 3,863 shares of the company’s stock worth $427,000 after buying an additional 96 shares during the period. World Asset Management Inc boosted its stake in PVH Corp. by 1.4% in the third quarter. World Asset Management Inc now owns 8,166 shares of the company’s stock worth $902,000 after buying an additional 116 shares during the period. Finally, Pacer Advisors Inc. boosted its stake in PVH Corp. by 8.2% in the second quarter. Pacer Advisors Inc. now owns 1,618 shares of the company’s stock worth $152,000 after buying an additional 122 shares during the period. Institutional investors and hedge funds own 95.70% of the company’s stock.
PVH Corp. Company Profile
PVH Corp. is an apparel company. The Company’s segments include Calvin Klein North America; Calvin Klein International; Tommy Hilfiger North America; Tommy Hilfiger International; Heritage Brands Wholesale, and Heritage Brands Retail. The Company’s brand portfolio consists of various brand names, including Calvin Klein, Tommy Hilfiger, Van Heusen, IZOD, ARROW, Warner’s, Olga and Eagle, which are owned, and Speedo, Geoffrey Beene, Kenneth Cole New York, Kenneth Cole Reaction, Sean John, MICHAEL Michael Kors, Michael Kors Collection and Chaps, which are licensed, as well as various other licensed and private label brands.