Shares of PVH Corp. (NYSE:PVH) have been given a consensus recommendation of “Buy” by the twenty-one brokerages that are presently covering the stock, MarketBeat reports. Four research analysts have rated the stock with a hold recommendation and seventeen have given a buy recommendation to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $123.06.

Several research firms recently weighed in on PVH. UBS AG restated a “buy” rating and issued a $120.00 price target (up previously from $116.00) on shares of PVH Corp. in a research note on Thursday, May 25th. B. Riley restated a “buy” rating and issued a $125.00 price target on shares of PVH Corp. in a research note on Sunday, April 9th. FBR & Co began coverage on PVH Corp. in a research note on Tuesday, July 11th. They issued an “outperform” rating and a $135.00 price target on the stock. BidaskClub downgraded PVH Corp. from a “buy” rating to a “hold” rating in a research note on Wednesday, July 12th. Finally, Buckingham Research restated a “buy” rating and issued a $127.00 price target on shares of PVH Corp. in a research note on Monday, July 17th.

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In other news, SVP Dana Perlman sold 769 shares of the stock in a transaction on Friday, June 30th. The stock was sold at an average price of $114.77, for a total transaction of $88,258.13. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, COO Michael A. Shaffer sold 45,525 shares of the stock in a transaction on Thursday, July 6th. The shares were sold at an average price of $111.37, for a total value of $5,070,119.25. The disclosure for this sale can be found here. Insiders have sold a total of 59,627 shares of company stock worth $6,584,743 over the last three months. Insiders own 1.50% of the company’s stock.

Institutional investors have recently added to or reduced their stakes in the stock. State of Alaska Department of Revenue purchased a new position in PVH Corp. during the first quarter valued at $996,000. Quotient Investors LLC purchased a new position in PVH Corp. during the first quarter valued at $466,000. Quantitative Systematic Strategies LLC purchased a new position in PVH Corp. during the first quarter valued at $1,743,000. Regentatlantic Capital LLC boosted its position in PVH Corp. by 25.3% in the first quarter. Regentatlantic Capital LLC now owns 32,565 shares of the textile maker’s stock valued at $3,370,000 after buying an additional 6,565 shares during the last quarter. Finally, Bank of Montreal Can boosted its position in PVH Corp. by 109.3% in the first quarter. Bank of Montreal Can now owns 56,385 shares of the textile maker’s stock valued at $5,835,000 after buying an additional 29,449 shares during the last quarter. 96.13% of the stock is currently owned by hedge funds and other institutional investors.

PVH Corp. (NYSE PVH) opened at 116.98 on Monday. PVH Corp. has a 12-month low of $84.53 and a 12-month high of $117.67. The company has a market cap of $9.11 billion, a price-to-earnings ratio of 24.18 and a beta of 0.50. The stock has a 50 day moving average price of $109.51 and a 200-day moving average price of $99.55.

PVH Corp. (NYSE:PVH) last posted its quarterly earnings results on Wednesday, May 24th. The textile maker reported $1.65 earnings per share for the quarter, topping the consensus estimate of $1.60 by $0.05. The company had revenue of $1.99 billion for the quarter, compared to the consensus estimate of $1.96 billion. PVH Corp. had a return on equity of 11.57% and a net margin of 4.69%. The firm’s quarterly revenue was up 3.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.50 EPS. On average, analysts predict that PVH Corp. will post $7.51 EPS for the current fiscal year.

PVH Corp. Company Profile

PVH Corp. is an apparel company. The Company operates through three segments: Calvin Klein, which consists of the Calvin Klein North America and Calvin Klein International segments; Tommy Hilfiger, which consists of the Tommy Hilfiger North America and Tommy Hilfiger International segments, and Heritage Brands, which consists of the Heritage Brands Wholesale and Heritage Brands Retail segments.

Analyst Recommendations for PVH Corp. (NYSE:PVH)

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