PVH (NYSE:PVH) Cut to “Strong Sell” at Zacks Research

PVH (NYSE:PVHGet Free Report) was downgraded by investment analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a note issued to investors on Tuesday,Zacks.com reports.

Several other equities analysts have also recently issued reports on PVH. Wall Street Zen cut PVH from a “buy” rating to a “hold” rating in a research note on Saturday, June 6th. Weiss Ratings downgraded shares of PVH from a “hold (c)” rating to a “hold (c-)” rating in a research note on Tuesday, July 14th. Needham & Company LLC dropped their price objective on shares of PVH from $107.00 to $102.00 and set a “buy” rating on the stock in a research report on Thursday, June 4th. JPMorgan Chase & Co. restated an “underweight” rating and issued a $84.00 price objective (up from $70.00) on shares of PVH in a report on Tuesday. Finally, BTIG Research reiterated a “buy” rating and set a $100.00 target price on shares of PVH in a research note on Friday, June 5th. Seven analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $86.62.

Check Out Our Latest Report on PVH

PVH Price Performance

PVH stock opened at $87.04 on Tuesday. The company has a quick ratio of 0.93, a current ratio of 1.68 and a debt-to-equity ratio of 0.46. PVH has a 52-week low of $59.60 and a 52-week high of $100.75. The firm has a market cap of $4.01 billion, a PE ratio of 27.55, a price-to-earnings-growth ratio of 1.31 and a beta of 1.74. The company’s 50 day moving average is $80.86 and its two-hundred day moving average is $76.99.

PVH (NYSE:PVHGet Free Report) last posted its quarterly earnings data on Wednesday, June 3rd. The textile maker reported $2.01 earnings per share for the quarter, topping analysts’ consensus estimates of $1.80 by $0.21. The business had revenue of $2.03 billion for the quarter, compared to analyst estimates of $2 billion. PVH had a return on equity of 10.87% and a net margin of 1.76%.The company’s revenue was up 2.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.30 earnings per share. PVH has set its Q2 2026 guidance at 3.000-3.10 EPS and its FY 2026 guidance at 11.800-12.10 EPS. On average, research analysts expect that PVH will post 12.03 EPS for the current fiscal year.

Institutional Trading of PVH

Several institutional investors have recently modified their holdings of the stock. Goldman Sachs Group Inc. boosted its holdings in shares of PVH by 79.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 553,500 shares of the textile maker’s stock valued at $35,778,000 after buying an additional 245,740 shares in the last quarter. Jupiter Asset Management Ltd. raised its stake in PVH by 87.5% during the 4th quarter. Jupiter Asset Management Ltd. now owns 406,536 shares of the textile maker’s stock worth $27,246,000 after acquiring an additional 189,666 shares in the last quarter. LSV Asset Management lifted its position in PVH by 8.4% in the fourth quarter. LSV Asset Management now owns 2,127,646 shares of the textile maker’s stock valued at $142,595,000 after acquiring an additional 164,343 shares during the last quarter. Invenomic Capital Management LP lifted its position in PVH by 32.3% in the fourth quarter. Invenomic Capital Management LP now owns 652,967 shares of the textile maker’s stock valued at $43,762,000 after acquiring an additional 159,532 shares during the last quarter. Finally, Natixis Advisors LLC acquired a new position in PVH in the third quarter valued at $10,825,000. Hedge funds and other institutional investors own 97.25% of the company’s stock.

About PVH

(Get Free Report)

PVH Corp is a leading global apparel company known for its portfolio of iconic brands in the dress shirt, sportswear and lifestyle categories. The company designs, markets and distributes clothing, accessories and fragrances under both owned and licensed brands. PVH’s core brand holdings include Calvin Klein and Tommy Hilfiger, complemented by a range of heritage labels such as Van Heusen, IZOD, ARROW, Warner’s and Olga.

PVH’s operations span the entire value chain from product design and development to manufacturing, marketing and distribution.

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Analyst Recommendations for PVH (NYSE:PVH)

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