The stock of PVH Corp (PVH) has seen a 4.21% increase in the past week, with a -19.13% drop in the past month, and a -7.20% decrease in the past quarter. The volatility ratio for the week is 2.60%, and the volatility levels for the past 30 days are at 2.82% for PVH. The simple moving average for the last 20 days is -1.97% for PVH’s stock, with a simple moving average of 9.62% for the last 200 days.
Is It Worth Investing in PVH Corp (NYSE: PVH) Right Now?
PVH Corp (NYSE: PVH) has a higher price-to-earnings ratio of 10.21x compared to its average ratio. PVH has 36-month beta value of 2.23. Analysts have mixed views 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 57.31M, and currently, short sellers hold a 2.60% ratio of that float. The average trading volume of PVH on April 26, 2024 was 1.02M shares.
PVH) stock’s latest price update
PVH Corp (NYSE: PVH)’s stock price has dropped by -1.84 in relation to previous closing price of 112.87. Nevertheless, the company has seen a gain of 4.21% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-19 that In the latest trading session, PVH (PVH) closed at $106.78, marking a +0.44% move from the previous day.
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 -11.68% 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 -21.51% of loss for the given period.
Volatility was left at 2.82%, however, over the last 30 days, the volatility rate increased by 2.60%, as shares sank -20.52% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -12.97% lower at present.
During the last 5 trading sessions, PVH rose by +4.21%, which changed the moving average for the period of 200-days by +25.48% in comparison to the 20-day moving average, which settled at $111.59. In addition, PVH Corp saw -9.28% 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 1.0. 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 put it simply, PVH Corp (PVH) has had a mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. 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.
