The stock of PVH Corp (PVH) has gone down by -3.64% for the week, with a -17.90% drop in the past month and a -9.38% drop in the past quarter. The volatility ratio for the week is 2.33%, and the volatility levels for the past 30 days are 2.84% for PVH. The simple moving average for the past 20 days is -12.62% for PVH’s stock, with a 5.38% simple moving average for the past 200 days.
Is It Worth Investing in PVH Corp (NYSE: PVH) Right Now?
The price-to-earnings ratio for PVH Corp (NYSE: PVH) is 9.74x, which is above its average ratio. Moreover, the 36-month beta value for PVH is 2.24. Analysts have varying opinions on the stock, with 8 analysts rating it as a “buy,” 5 as “overweight,” 4 as “hold,” and 0 as “sell.”
The public float for PVH is 57.30M and currently, short sellers hold a 3.04% of that float. On April 18, 2024, PVH’s average trading volume was 1.01M shares.
PVH) stock’s latest price update
The stock of PVH Corp (NYSE: PVH) has decreased by -1.72 when compared to last closing price of 107.60. Despite this, the company has experienced a -3.64% fall in its stock price over the last five trading sessions. InvestorPlace reported 2024-04-16 that With corporate profits at record highs, many companies are returning much of that cash to investors through share repurchase programs. You can profit from this trend by entering long-term positions in buyback stocks.
Analysts’ Opinion of PVH
Many brokerage firms have already submitted their reports for PVH stocks, with Wedbush repeating the rating for PVH by listing it as a “Outperform.” The predicted price for PVH in the upcoming period, according to Wedbush is $128 based on the research report published on April 15, 2024 of the current year 2024.
JP Morgan, on the other hand, stated in their research note that they expect to see PVH reach a price target of $157, previously predicting the price at $146. The rating they have provided for PVH stocks is “Overweight” according to the report published on April 08th, 2024.
Telsey Advisory Group gave a rating of “Outperform” to PVH, setting the target price at $140 in the report published on April 03rd of the current year.
PVH Trading at -16.92% 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 -25.08% of loss for the given period.
Volatility was left at 2.84%, however, over the last 30 days, the volatility rate increased by 2.33%, as shares sank -20.16% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -12.47% lower at present.
During the last 5 trading sessions, PVH fell by -3.64%, which changed the moving average for the period of 200-days by +24.46% in comparison to the 20-day moving average, which settled at $119.68. In addition, PVH Corp saw -13.40% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at PVH starting from HOLMES JAMES, who sale 3,000 shares at the price of $108.39 back on Apr 11 ’24. After this action, HOLMES JAMES now owns 13,904 shares of PVH Corp, valued at $325,178 using the latest closing price.
FISCHER MARK D, the EVP, General Counsel & Sec. of PVH Corp, sale 3,500 shares at $123.00 during a trade that took place back on Jan 11 ’24, which means that FISCHER MARK D is holding 27,903 shares at $430,500 based on the most recent closing price.
Stock Fundamentals for PVH
Current profitability levels for the company are sitting at:
- 0.0 for the present operating margin
- 0.58 for the gross margin
The net margin for PVH Corp stands at 0.07. The total capital return value is set at 0.0. Equity return is now at value 13.10, with 5.79 for asset returns.
Based on PVH Corp (PVH), the company’s capital structure generated 0.32 points at debt to capital in total, while cash flow to debt ratio is standing at 0.39. The debt to equity ratio resting at 0.48. The interest coverage ratio of the stock is 0.1.
Currently, EBITDA for the company is 1.12 billion with net debt to EBITDA at 2.85. When we switch over and look at the enterprise to sales, we see a ratio of 0.97. The receivables turnover for the company is 11.42for 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 wrap up, the performance of PVH Corp (PVH) has been bad in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
