Citigroup Issues Pessimistic Forecast for PVH (NYSE:PVH) Stock Price

PVH (NYSE:PVH) had its price objective decreased by investment analysts at Citigroup from $83.00 to $80.00 in a report released on Monday,Benzinga reports. The brokerage presently has a “neutral” rating on the textile maker’s stock. Citigroup’s price objective suggests a potential upside of 5.08% from the company’s previous close.

Other equities research analysts have also recently issued research reports about the stock. Needham & Company LLC reaffirmed a “buy” rating and set a $100.00 price objective on shares of PVH in a research note on Thursday, December 4th. The Goldman Sachs Group increased their price target on shares of PVH from $81.00 to $91.00 and gave the stock a “buy” rating in a report on Thursday, August 28th. Wells Fargo & Company cut their price target on PVH from $88.00 to $85.00 and set an “equal weight” rating for the company in a research note on Friday. Weiss Ratings reiterated a “hold (c)” rating on shares of PVH in a research report on Wednesday, October 8th. Finally, Jefferies Financial Group reissued a “buy” rating on shares of PVH in a report on Thursday, October 23rd. Nine equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $92.80.

PVH Stock Up 1.7%

NYSE:PVH opened at $76.13 on Monday. The company has a current ratio of 1.47, a quick ratio of 0.72 and a debt-to-equity ratio of 0.46. PVH has a twelve month low of $59.28 and a twelve month high of $111.71. The company has a market cap of $3.66 billion, a PE ratio of 11.41, a P/E/G ratio of 2.65 and a beta of 1.74. The company’s 50 day moving average is $80.43 and its two-hundred day moving average is $77.77.

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

Institutional Trading of PVH

Hedge funds have recently bought and sold shares of the business. Danske Bank A S acquired a new position in shares of PVH during the 3rd quarter worth approximately $25,000. Saranac Partners Ltd acquired a new position in PVH during the third quarter worth $30,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. purchased a new stake in PVH in the 2nd quarter valued at $38,000. UMB Bank n.a. raised its holdings in shares of PVH by 63.3% during the 2nd quarter. UMB Bank n.a. now owns 619 shares of the textile maker’s stock worth $42,000 after acquiring an additional 240 shares during the period. Finally, Hantz Financial Services Inc. raised its holdings in shares of PVH by 1,284.4% during the 2nd quarter. Hantz Financial Services Inc. now owns 623 shares of the textile maker’s stock worth $43,000 after acquiring an additional 578 shares during the period. Institutional investors and hedge funds 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.