PVH (NYSE:PVH) Earns Buy Rating from Needham & Company LLC

PVH (NYSE:PVH)‘s stock had its “buy” rating reiterated by stock analysts at Needham & Company LLC in a research note issued on Thursday, Marketbeat reports. They currently have a $100.00 target price on the textile maker’s stock. Needham & Company LLC’s target price suggests a potential upside of 27.50% from the stock’s previous close.

Other equities analysts have also issued reports about the stock. UBS Group reaffirmed a “buy” rating and set a $148.00 target price on shares of PVH in a report on Tuesday, November 25th. Telsey Advisory Group restated an “outperform” rating and set a $95.00 price target on shares of PVH in a research report on Thursday. Wall Street Zen upgraded shares of PVH from a “hold” rating to a “buy” rating in a research report on Sunday, October 12th. BTIG Research initiated coverage on shares of PVH in a research note on Tuesday, October 14th. They set a “buy” rating and a $100.00 target price on the stock. Finally, Wells Fargo & Company lifted their price target on PVH from $80.00 to $88.00 and gave the company an “equal weight” rating in a research note on Thursday, August 28th. Nine equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $92.00.

PVH Stock Performance

NYSE PVH opened at $78.43 on Thursday. The firm has a market capitalization of $3.77 billion, a P/E ratio of 11.76, a PEG ratio of 2.40 and a beta of 1.74. The stock has a 50-day simple moving average of $80.79 and a two-hundred day simple moving average of $77.97. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.63 and a current ratio of 1.47. PVH has a fifty-two week low of $59.28 and a fifty-two week high of $111.96.

PVH (NYSE:PVH) last posted its earnings results on Wednesday, December 3rd. The textile maker reported $2.83 EPS for the quarter, topping the consensus estimate of $2.56 by $0.27. The firm had revenue of $2.29 billion for the quarter, compared to analyst estimates of $2.28 billion. PVH had a return on equity of 11.44% and a net margin of 3.87%.PVH’s revenue for the quarter was up 1.7% compared to the same quarter last year. During the same period last year, the company earned $3.03 earnings per share. PVH has set its Q4 2025 guidance at 3.200-3.350 EPS and its FY 2025 guidance at 10.850-11.000 EPS. On average, equities analysts forecast that PVH will post 11.67 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Danske Bank A S acquired a new stake in PVH during the 3rd quarter worth $25,000. Saranac Partners Ltd acquired a new position in PVH during the third quarter worth about $30,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new position in PVH during the second quarter worth about $38,000. UMB Bank n.a. grew its stake in PVH by 63.3% during the 2nd quarter. UMB Bank n.a. now owns 619 shares of the textile maker’s stock valued at $42,000 after acquiring an additional 240 shares in the last quarter. Finally, Hantz Financial Services Inc. raised its holdings in PVH by 1,284.4% in the 2nd quarter. Hantz Financial Services Inc. now owns 623 shares of the textile maker’s stock valued at $43,000 after acquiring an additional 578 shares during the last quarter. Hedge funds and other institutional investors own 97.25% of the company’s stock.

About PVH

PVH Corp. operates as an apparel company in the United States and internationally. The company operates through Tommy Hilfiger North America, Tommy Hilfiger International, Calvin Klein North America, Calvin Klein International, and Heritage Brands Wholesale segments. It designs and markets men's, women's, and children's branded apparel, footwear and accessories, underwear, sleepwear, outerwear, home furnishings, luggage, dresses, suits and swimwear, activewear, sportswear, socks and accessories, outerwear, golf products, footwear, watches and jewelry, eyeglasses and non-ophthalmic sunglasses, jeans wear, performance apparel, intimate apparel, dress shirts, handbags, fragrance, small leather goods, and other related products; and men's and boy's tailored clothing products, duvets, pillows, mattress pads and toppers, and feather beds.