PVH Corp (NYSE: PVH) has experienced a decline in its stock price by -0.63 compared to its previous closing price of 140.61. However, the company has seen a gain of 4.00% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-01 that The headline numbers for PVH (PVH) give insight into how the company performed in the quarter ended January 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Is It Worth Investing in PVH Corp (NYSE: PVH) Right Now?
PVH Corp (NYSE: PVH) has a price-to-earnings ratio that is above its average at 16.48x. The stock has a 36-month beta value of 2.20. Opinions on the stock are mixed, with 8 analysts rating it as a “buy,” 5 as “overweight,” 4 as “hold,” and 0 as “sell.”
The public float for PVH is 59.30M, and at present, short sellers hold a 3.44% of that float. On April 02, 2024, the average trading volume of PVH was 771.94K shares.
PVH’s Market Performance
PVH’s stock has seen a 4.00% increase for the week, with a 2.24% rise in the past month and a 13.34% gain in the past quarter. The volatility ratio for the week is 1.84%, and the volatility levels for the past 30 days are at 2.27% for PVH Corp. The simple moving average for the past 20 days is 3.56% for PVH’s stock, with a 41.57% simple moving average for the past 200 days.
Analysts’ Opinion of PVH
Many brokerage firms have already submitted their reports for PVH stocks, with Telsey Advisory Group repeating the rating for PVH by listing it as a “Outperform.” The predicted price for PVH in the upcoming period, according to Telsey Advisory Group is $155 based on the research report published on March 26, 2024 of the current year 2024.
TD Cowen, on the other hand, stated in their research note that they expect to see PVH reach a price target of $150, previously predicting the price at $86. The rating they have provided for PVH stocks is “Outperform” according to the report published on February 16th, 2024.
Goldman gave a rating of “Buy” to PVH, setting the target price at $126 in the report published on December 12th of the previous year.
PVH Trading at 7.65% from the 50-Day Moving Average
After a stumble in the market that brought PVH to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -0.72% of loss for the given period.
Volatility was left at 2.27%, however, over the last 30 days, the volatility rate increased by 1.84%, as shares surge +1.37% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +18.52% upper at present.
During the last 5 trading sessions, PVH rose by +4.00%, which changed the moving average for the period of 200-days by +65.85% in comparison to the 20-day moving average, which settled at $135.02. In addition, PVH Corp saw 14.42% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at PVH starting from FISCHER MARK D, who sale 3,500 shares at the price of $123.00 back on Jan 11 ’24. After this action, FISCHER MARK D now owns 27,903 shares of PVH Corp, valued at $430,500 using the latest closing price.
FULLER JULIE, the Chief People Officer of PVH Corp, sale 3,650 shares at $120.79 during a trade that took place back on Dec 21 ’23, which means that FULLER JULIE is holding 16,191 shares at $440,884 based on the most recent closing price.
Stock Fundamentals for PVH
Current profitability levels for the company are sitting at:
- -0.01 for the present operating margin
- 0.57 for the gross margin
The net margin for PVH Corp stands at 0.06. The total capital return value is set at -0.01. Equity return is now at value 10.74, with 4.70 for asset returns.
Based on PVH Corp (PVH), the company’s capital structure generated 0.42 points at debt to capital in total, while cash flow to debt ratio is standing at 0.17. The debt to equity ratio resting at 0.72. The interest coverage ratio of the stock is -1.35.
Currently, EBITDA for the company is 887.8 million with net debt to EBITDA at 3.84. When we switch over and look at the enterprise to sales, we see a ratio of 1.26. The receivables turnover for the company is 8.67for trailing twelve months and the total asset turnover is 0.83. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.18.
Conclusion
To sum up, PVH Corp (PVH) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
