PVH Corp. Stock Rating Lowered by Keefe, Bruyette & Woods (PVH)
PVH Corp. (NYSE:PVH) was downgraded by equities researchers at Keefe, Bruyette & Woods from an “outperform” rating to a “market perform” rating in a research report issued on Tuesday, AR Network reports.
Several other analysts have also recently commented on the stock. Analysts at Miller Tabak reiterated a “buy” rating on shares of PVH Corp. (NYSE:PVH) in a research note to investors on Thursday, September 12th. Separately, analysts at Citigroup Inc. downgraded shares of PVH Corp. (NYSE:PVH) to a “focus list” rating in a research note to investors on Wednesday, September 11th. Finally, analysts at Zacks downgraded shares of PVH Corp. (NYSE:PVH) from an “outperform” rating to a “neutral” rating in a research note to investors on Tuesday, September 10th. They now have a $136.90 price target on the stock.
Five equities research analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of $136.74.
PVH Corp. (NYSE:PVH) opened at 122.57 on Tuesday. PVH Corp. has a 52-week low of $90.36 and a 52-week high of $134.98. The stock has a 50-day moving average of $128.1 and a 200-day moving average of $120.9. The company has a market cap of $9.998 billion and a P/E ratio of 45.00.
PVH Corp. (NYSE:PVH) last announced its earnings results on Monday, September 9th. The company reported $1.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.37 by $0.02. The company had revenue of $1.97 billion for the quarter, compared to the consensus estimate of $1.89 billion. During the same quarter in the prior year, the company posted $1.25 earnings per share. The company’s quarterly revenue was up 47.0% on a year-over-year basis. Analysts expect that PVH Corp. will post $7.05 EPS for the current fiscal year.
PVH Corporation manufactures and sells dress shirts, sportswear and footwear for men, women and children.
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