Share on StockTwits

PVH Corp (NYSE:PVH) was downgraded by analysts at ISI Group from a “strong-buy” rating to a “buy” rating in a research report issued to clients and investors on Thursday.

A number of other firms have also recently commented on PVH. Analysts at Brean Capital cut their price target on shares of PVH Corp from $150.00 to $145.00 in a research note on Thursday. They now have a “buy” rating on the stock. Separately, analysts at Cowen and Company raised their price target on shares of PVH Corp from $140.00 to $145.00 in a research note on Tuesday, May 27th. They now have an “outperform” rating on the stock. Finally, analysts at JPMorgan Chase & Co. raised their price target on shares of PVH Corp from $130.00 to $131.00 in a research note on Tuesday, May 13th. They now have a “neutral” rating on the stock. Six equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of $144.36.

Shares of PVH Corp (NYSE:PVH) traded down 6.55% during mid-day trading on Thursday, hitting $122.12. 3,591,695 shares of the company’s stock traded hands. PVH Corp has a 52 week low of $107.09 and a 52 week high of $138.94. The stock’s 50-day moving average is $128. and its 200-day moving average is $126.4. The company has a market cap of $10.039 billion and a P/E ratio of 75.23.

PVH Corp (NYSE:PVH) last announced its earnings results on Wednesday, June 4th. The company reported $1.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.49 by $0.02. The company had revenue of $1.96 billion for the quarter, compared to the consensus estimate of $1.98 billion. During the same quarter in the previous year, the company posted $1.91 earnings per share. The company’s revenue for the quarter was up 2.8% on a year-over-year basis. Analysts expect that PVH Corp will post $7.51 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Thursday, June 19th. Investors of record on Friday, May 23rd will be paid a dividend of $0.0375 per share. This represents a $0.15 annualized dividend and a dividend yield of 0.11%. The ex-dividend date is Wednesday, May 21st.

PVH Corporation manufactures and sells dress shirts, sportswear and footwear for men, women and children.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.