Weekly Analysts’ Ratings Changes for PVH (PVH)

PVH (NYSE: PVH) recently received a number of ratings updates from brokerages and research firms:

  • 2/7/2018 – PVH was upgraded by analysts at Deutsche Bank AG from a “hold” rating to a “buy” rating. They now have a $131.00 price target on the stock.
  • 2/2/2018 – PVH was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating.
  • 1/30/2018 – PVH had its price target raised by analysts at Piper Jaffray Companies to $173.00. They now have an “overweight” rating on the stock.
  • 1/25/2018 – PVH had its price target raised by analysts at Barclays PLC from $156.00 to $166.00. They now have an “overweight” rating on the stock.
  • 1/24/2018 – PVH was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “PVH Corp. has outperformed the industry in the past six months driven by its superb earnings history and brand strength. The company delivered robust earnings and sales results in third-quarter fiscal 2017. While this marked the company’s fifth straight sales beat, earnings topped estimates for the 14th consecutive quarter. Results continued to benefit from solid momentum at its premium Calvin Klein and Tommy Hilfiger brands. Further, the company provided a favorable view for the fourth quarter and raised earnings outlook for fiscal 2017. However, concerns regarding the volatile macroeconomic and geopolitical environment remain. While currency rates are expected to improve in the fourth quarter, it is likely to hurt fiscal 2017 earnings by 17 cents per share. Nonetheless, its efforts to keep pace with the evolving consumer trends, efficient brand management and healthy cash flows, bode well.”
  • 1/18/2018 – PVH was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $160.00 price target on the stock. According to Zacks, “PVH Corp. has outperformed the industry in the past six months driven by its superb earnings history and brand strength. The company delivered robust earnings and sales results in third-quarter fiscal 2017. While this marked the company’s fifth straight sales beat, earnings topped estimates for the 14th consecutive quarter. Results continued to benefit from solid momentum at its premium Calvin Klein and Tommy Hilfiger brands. Further, the company provided a favorable view for the fourth quarter and raised earnings outlook for fiscal 2017. However, concerns regarding the volatile macroeconomic and geopolitical environment remain. While currency rates are expected to improve in the fourth quarter, it is likely to hurt fiscal 2017 earnings by 17 cents per share. Nonetheless, its efforts to keep pace with the evolving consumer trends, efficient brand management and healthy cash flows, bode well.”
  • 1/17/2018 – PVH was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “PVH Corp. has outperformed the industry in the past year driven by its superb earnings history and brand strength. The company delivered robust earnings and sales results in third-quarter fiscal 2017. While this marked the company’s fifth straight sales beat, earnings topped estimates for the 14th consecutive quarter. Results continued to benefit from solid momentum at its premium Calvin Klein and Tommy Hilfiger brands. Further, the company provided a favorable view for the fourth quarter and raised earnings outlook for fiscal 2017. However, concerns regarding the volatile macroeconomic and geopolitical environment remain. While currency rates are expected to improve in the fourth quarter, it is likely to hurt fiscal 2017 earnings by 17 cents per share. Nonetheless, its efforts to keep pace with the evolving consumer trends, efficient brand management and healthy cash flows, bode well.”
  • 1/11/2018 – PVH was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $158.00 price target on the stock. According to Zacks, “PVH Corp. has outperformed the industry in the past year driven by its superb earnings history and brand strength. The company delivered robust earnings and sales results in third-quarter fiscal 2017. While this marked the company’s fifth straight sales beat, earnings topped estimates for the 14th consecutive quarter. Results continued to benefit from solid momentum at its premium Calvin Klein and Tommy Hilfiger brands. Further, the company provided a favorable view for the fourth quarter and raised earnings outlook for fiscal 2017. However, concerns regarding the volatile macroeconomic and geopolitical environment remain. While currency rates are expected to improve in the fourth quarter, it is likely to hurt fiscal 2017 earnings by 17 cents per share. Nonetheless, its efforts to keep pace with the evolving consumer trends, efficient brand management and healthy cash flows, bode well.”
  • 1/10/2018 – PVH was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “PVH Corp. has outperformed the industry in the past year driven by its superb earnings history and brand strength. The company delivered robust earnings and sales results in third-quarter fiscal 2017. While this marked the company’s fifth straight sales beat, earnings topped estimates for the 14th consecutive quarter. Results continued to benefit from solid momentum at its premium Calvin Klein and Tommy Hilfiger brands. Further, the company provided a favorable view for the fourth quarter and raised earnings outlook for fiscal 2017. However, concerns regarding the volatile macroeconomic and geopolitical environment remain. While currency rates are expected to improve in the fourth quarter, it is likely to hurt fiscal 2017 earnings by 17 cents per share. Nonetheless, its efforts to keep pace with the evolving consumer trends, efficient brand management and healthy cash flows, bode well.”
  • 1/3/2018 – PVH had its price target raised by analysts at Wells Fargo & Co from $158.00 to $165.00. They now have an “outperform” rating on the stock.
  • 12/22/2017 – PVH is now covered by analysts at B. Riley. They set a “buy” rating and a $155.00 price target on the stock.

PVH Corp (PVH) opened at $144.09 on Monday. The company has a quick ratio of 0.97, a current ratio of 1.82 and a debt-to-equity ratio of 0.61. PVH Corp has a twelve month low of $87.71 and a twelve month high of $157.96. The company has a market capitalization of $11,084.70, a P/E ratio of 21.44, a P/E/G ratio of 1.25 and a beta of 0.67.

PVH (NYSE:PVH) last posted its quarterly earnings results on Wednesday, November 29th. The textile maker reported $3.02 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 company had revenue of $2.36 billion for the quarter, compared to analysts’ expectations of $2.34 billion. During the same period in the previous year, the firm earned $2.60 EPS. The firm’s revenue was up 5.0% compared to the same quarter last year. analysts anticipate that PVH Corp will post 7.82 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 28th. Investors of record on Wednesday, February 28th will be issued a $0.038 dividend. The ex-dividend date is Tuesday, February 27th. This represents a $0.15 dividend on an annualized basis and a yield of 0.11%. PVH’s dividend payout ratio is presently 2.23%.

In other news, EVP Mark D. Fischer sold 891 shares of the company’s stock in a transaction that occurred on Thursday, January 18th. The stock was sold at an average price of $147.34, for a total transaction of $131,279.94. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Steven B. Shiffman sold 3,100 shares of the company’s stock in a transaction that occurred on Tuesday, January 16th. The stock was sold at an average price of $143.76, for a total value of $445,656.00. The disclosure for this sale can be found here. Over the last three months, insiders sold 392,290 shares of company stock worth $52,131,795. 1.30% of the stock is owned by insiders.

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.

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