PVH Corp. (NYSE:PVH) is set to release its earnings data after the market closes on Wednesday, August 23rd. Analysts expect PVH Corp. to post earnings of $1.65 per share for the quarter. PVH Corp. has set its FY18 guidance at $7.40-7.50 EPS.

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 Thomson Reuters’ consensus estimate of $1.60 by $0.05. PVH Corp. had a return on equity of 11.57% and a net margin of 4.69%. The firm had revenue of $1.99 billion during the quarter, compared to analysts’ expectations of $1.96 billion. During the same quarter in the previous year, the business earned $1.50 earnings per share. The company’s revenue was up 3.7% on a year-over-year basis. On average, analysts expect PVH Corp. to post $7.53 EPS for the current fiscal year and $8.39 EPS for the next fiscal year.

PVH Corp. (NYSE PVH) opened at 123.38 on Wednesday. The stock has a market cap of $9.60 billion, a PE ratio of 25.51 and a beta of 0.51. The stock has a 50 day moving average price of $117.18 and a 200 day moving average price of $103.26. PVH Corp. has a 1-year low of $84.53 and a 1-year high of $126.11.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 22nd. Stockholders of record on Thursday, August 24th will be given a $0.038 dividend. The ex-dividend date of this dividend is Tuesday, August 22nd. This represents a $0.15 dividend on an annualized basis and a dividend yield of 0.12%. PVH Corp.’s payout ratio is 3.11%.

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A number of analysts have commented on PVH shares. Zacks Investment Research raised PVH Corp. from a “hold” rating to a “buy” rating and set a $113.00 price target for the company in a research report on Tuesday, May 16th. Citigroup Inc. lifted their price target on PVH Corp. from $115.00 to $125.00 and gave the stock a “buy” rating in a research report on Tuesday, May 30th. B. Riley reaffirmed a “buy” rating and set a $128.00 price target on shares of PVH Corp. in a research report on Sunday, June 4th. UBS AG reaffirmed a “buy” rating and set a $120.00 price target (up previously from $116.00) on shares of PVH Corp. in a research report on Thursday, May 25th. Finally, Piper Jaffray Companies set a $120.00 price target on PVH Corp. and gave the stock a “buy” rating in a research report on Thursday, May 25th. Three investment analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has assigned a strong buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $126.53.

In other news, CEO Francis K. Duane sold 2,497 shares of the business’s stock in a transaction that occurred on Friday, May 26th. The stock was sold at an average price of $105.99, for a total transaction of $264,657.03. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, COO Michael A. Shaffer sold 45,525 shares of the business’s stock in a transaction that occurred on Thursday, July 6th. The stock was 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. Over the last quarter, insiders sold 59,627 shares of company stock worth $6,584,743. 1.50% of the stock is currently owned by insiders.

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.

Earnings History for PVH Corp. (NYSE:PVH)

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