Shares of PVH Corp (NYSE:PVH) have been given a consensus rating of “Buy” by the twenty brokerages that are covering the firm, MarketBeat.com reports. Five research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $147.59.

PVH has been the subject of a number of recent research reports. Cowen set a $150.00 target price on PVH and gave the stock a “buy” rating in a report on Monday, November 27th. Piper Jaffray Companies restated a “buy” rating and set a $148.00 price target on shares of PVH in a research report on Wednesday, November 1st. Telsey Advisory Group increased their price target on PVH from $145.00 to $158.00 and gave the stock an “outperform” rating in a research report on Thursday, November 30th. Wells Fargo & Co increased their price target on PVH from $158.00 to $165.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 3rd. Finally, Zacks Investment Research upgraded PVH from a “hold” rating to a “buy” rating and set a $143.00 price target on the stock in a research report on Wednesday, September 20th.

In other PVH news, EVP Mark D. Fischer sold 2,300 shares of the stock in a transaction on Thursday, January 4th. The stock was sold at an average price of $140.50, for a total value of $323,150.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Emanuel Chirico sold 370,327 shares of the stock in a transaction on Thursday, December 14th. The shares were sold at an average price of $132.56, for a total value of $49,090,547.12. The disclosure for this sale can be found here. Insiders sold a total of 388,299 shares of company stock worth $51,554,859 over the last quarter. Corporate insiders own 1.50% of the company’s stock.

A number of institutional investors and hedge funds have recently made changes to their positions in PVH. Ameriprise Financial Inc. boosted its position in PVH by 31.0% in the 3rd quarter. Ameriprise Financial Inc. now owns 4,026,587 shares of the textile maker’s stock valued at $507,666,000 after buying an additional 952,394 shares during the last quarter. Balyasny Asset Management LLC boosted its position in shares of PVH by 136.3% in the 2nd quarter. Balyasny Asset Management LLC now owns 1,173,862 shares of the textile maker’s stock worth $134,407,000 after purchasing an additional 677,096 shares during the last quarter. Renaissance Technologies LLC boosted its position in shares of PVH by 153.8% in the 2nd quarter. Renaissance Technologies LLC now owns 761,670 shares of the textile maker’s stock worth $87,211,000 after purchasing an additional 461,600 shares during the last quarter. Royal Bank of Canada boosted its position in shares of PVH by 548.0% in the 2nd quarter. Royal Bank of Canada now owns 297,303 shares of the textile maker’s stock worth $34,043,000 after purchasing an additional 251,424 shares during the last quarter. Finally, Wedge Capital Management L L P NC boosted its position in shares of PVH by 3,135.9% in the 3rd quarter. Wedge Capital Management L L P NC now owns 251,754 shares of the textile maker’s stock worth $31,736,000 after purchasing an additional 243,974 shares during the last quarter. Hedge funds and other institutional investors own 93.82% of the company’s stock.

PVH (NYSE:PVH) opened at $143.63 on Monday. PVH has a twelve month low of $84.53 and a twelve month high of $144.83. The company has a quick ratio of 0.97, a current ratio of 1.82 and a debt-to-equity ratio of 0.61. The stock has a market capitalization of $11,049.36, a P/E ratio of 21.37, a PEG ratio of 1.41 and a beta of 0.61.

PVH (NYSE:PVH) last issued its earnings results on Wednesday, November 29th. The textile maker reported $3.02 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $2.91 by $0.11. PVH had a return on equity of 11.95% and a net margin of 6.22%. The business had revenue of $2.36 billion during the quarter, compared to analysts’ expectations of $2.34 billion. During the same period in the prior year, the firm posted $2.60 EPS. PVH’s quarterly revenue was up 5.0% compared to the same quarter last year. research analysts predict that PVH will post 7.81 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 20th. Shareholders of record on Wednesday, November 22nd were given a $0.038 dividend. The ex-dividend date of this dividend was Tuesday, November 21st. This represents a $0.15 dividend on an annualized basis and a yield of 0.11%. PVH’s payout ratio is 2.23%.

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PVH 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 (NYSE:PVH)

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