PVH (NYSE:PVH) Trading Down 6.1% – Time to Sell?

PVH Corp. (NYSE:PVHGet Free Report)’s share price dropped 6.1% on Monday . The stock traded as low as $77.58 and last traded at $77.4240. 219,205 shares were traded during trading, a decline of 80% from the average daily volume of 1,074,421 shares. The stock had previously closed at $82.47.

Wall Street Analyst Weigh In

PVH has been the topic of a number of research reports. BTIG Research reissued a “buy” rating and issued a $100.00 price objective on shares of PVH in a report on Friday, June 5th. Needham & Company LLC dropped their target price on PVH from $107.00 to $102.00 and set a “buy” rating on the stock in a research report on Thursday, June 4th. Evercore set a $79.00 price target on shares of PVH and gave the stock an “in-line” rating in a report on Thursday, June 4th. Wells Fargo & Company decreased their price objective on shares of PVH from $85.00 to $78.00 and set an “equal weight” rating for the company in a research note on Friday, June 5th. Finally, UBS Group dropped their price objective on shares of PVH from $130.00 to $121.00 and set a “buy” rating on the stock in a report on Friday, June 5th. Seven analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $86.62.

Check Out Our Latest Report on PVH

PVH Trading Down 6.5%

The company has a current ratio of 1.68, a quick ratio of 0.93 and a debt-to-equity ratio of 0.46. The firm has a market cap of $3.56 billion, a price-to-earnings ratio of 24.41, a PEG ratio of 1.22 and a beta of 1.74. The company has a fifty day moving average price of $80.00 and a 200-day moving average price of $78.07.

PVH (NYSE:PVHGet Free Report) last announced its quarterly earnings results on Wednesday, June 3rd. The textile maker reported $2.01 earnings per share for the quarter, beating the consensus estimate of $1.80 by $0.21. PVH had a return on equity of 10.87% and a net margin of 1.76%.The company had revenue of $2.03 billion during the quarter, compared to analysts’ expectations of $2 billion. During the same period last year, the business earned $2.30 earnings per share. PVH’s quarterly revenue was up 2.1% on a year-over-year basis. PVH has set its Q2 2026 guidance at 3.000-3.10 EPS and its FY 2026 guidance at 11.800-12.10 EPS. As a group, research analysts expect that PVH Corp. will post 12.01 EPS for the current year.

PVH Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 23rd. Investors of record on Wednesday, September 2nd will be paid a $0.0375 dividend. This represents a $0.15 annualized dividend and a dividend yield of 0.2%. The ex-dividend date is Wednesday, September 2nd. PVH’s payout ratio is currently 4.75%.

Institutional Trading of PVH

Several hedge funds and other institutional investors have recently added to or reduced their stakes in PVH. Bank of America Corp DE acquired a new position in shares of PVH in the second quarter worth about $11,330,000. Caisse de depot et placement du Quebec acquired a new stake in shares of PVH during the 2nd quarter valued at about $468,000. Man Group plc purchased a new position in shares of PVH in the 2nd quarter valued at about $14,894,000. Jupiter Topco LLC acquired a new position in PVH in the 2nd quarter worth about $1,580,000. Finally, Hsbc Holdings PLC purchased a new position in PVH during the second quarter worth approximately $1,248,000. Institutional investors and hedge funds 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.

Further Reading

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