PVH Corp Reaches New 12-Month Low at $112.79 (PVH)
Shares of PVH Corp (NYSE:PVH) hit a new 52-week low on Friday , AnalystRatingsNetwork reports. The stock traded as low as $112.79 and last traded at $112.96, with a volume of 642,700 shares traded. The stock had previously closed at $114.90.
A number of analysts have recently weighed in on PVH shares. Analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of PVH Corp in a research note on Wednesday, June 11th. They now have a $128.00 price target on the stock, down previously from $131.00. Separately, analysts at ISI Group downgraded shares of PVH Corp from a “strong-buy” rating to a “buy” rating in a research note on Thursday, June 5th. Finally, 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, June 5th. They now have a “buy” rating on the stock. Six equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of $144.16.
The stock has a 50-day moving average of $121.0 and a 200-day moving average of $123.9. The company has a market cap of $9.237 billion and a price-to-earnings ratio of 50.75.
PVH Corp (NYSE:PVH) last issued its quarterly earnings data on Wednesday, June 4th. The company reported $1.47 EPS for the quarter, missing the Thomson Reuters 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 prior year, the company posted $1.91 earnings per share. The company’s quarterly revenue was up 2.8% on a year-over-year basis. On average, analysts predict that PVH Corp will post $7.39 earnings per share for the current fiscal year.
PVH Corp., is an apparel company. The Company’s portfolio of brands includes Calvin Klein, Tommy Hilfiger brands, Van Heusen, IZOD, Bass, ARROW and Eagle, which are owned brands, and Geoffrey Beene, Kenneth Cole New York, Kenneth Cole Reaction, Sean John, JOE Joseph Abboud, MICHAEL Michael Kors, Michael Kors Collection, CHAPS, Donald J.
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