Movado Group FY2026 EPS Estimate Lowered by BWS Financial

Movado Group Inc. (NYSE:MOV) – Equities researchers at BWS Financial dropped their FY2026 earnings per share estimates for Movado Group in a report released on Wednesday, November 26th. BWS Financial analyst H. Khorsand now forecasts that the company will post earnings of $1.26 per share for the year, down from their previous estimate of $1.56. BWS Financial currently has a “Buy” rating and a $31.50 target price on the stock. The consensus estimate for Movado Group’s current full-year earnings is $1.05 per share. BWS Financial also issued estimates for Movado Group’s Q4 2026 earnings at $0.50 EPS, Q1 2027 earnings at $0.06 EPS, Q3 2027 earnings at $0.63 EPS, Q4 2027 earnings at $0.38 EPS and FY2027 earnings at $1.39 EPS.

MOV has been the subject of a number of other research reports. Wall Street Zen upgraded shares of Movado Group from a “hold” rating to a “buy” rating in a research report on Friday. Zacks Research upgraded shares of Movado Group from a “strong sell” rating to a “hold” rating in a report on Tuesday, October 28th. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of Movado Group in a research note on Tuesday, November 25th. One analyst has rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Movado Group has a consensus rating of “Hold” and an average target price of $31.50.

Movado Group Stock Performance

NYSE:MOV opened at $20.94 on Monday. The stock has a market cap of $463.57 million, a price-to-earnings ratio of 27.20 and a beta of 1.25. Movado Group has a 1 year low of $12.85 and a 1 year high of $22.20. The business has a fifty day moving average of $18.74 and a 200-day moving average of $17.45.

Movado Group (NYSE:MOV) last announced its earnings results on Tuesday, November 25th. The company reported $0.45 earnings per share for the quarter, missing the consensus estimate of $0.57 by ($0.12). Movado Group had a net margin of 2.66% and a return on equity of 5.45%. The business had revenue of $186.13 million for the quarter, compared to the consensus estimate of $185.89 million. During the same period in the previous year, the firm earned $0.22 EPS.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Millennium Management LLC boosted its stake in shares of Movado Group by 3.2% during the 3rd quarter. Millennium Management LLC now owns 125,832 shares of the company’s stock worth $2,387,000 after acquiring an additional 3,854 shares in the last quarter. Bank of America Corp DE raised its position in shares of Movado Group by 83.1% during the third quarter. Bank of America Corp DE now owns 33,473 shares of the company’s stock worth $635,000 after purchasing an additional 15,187 shares during the period. Lazard Asset Management LLC lifted its holdings in shares of Movado Group by 13.8% during the third quarter. Lazard Asset Management LLC now owns 52,834 shares of the company’s stock valued at $1,002,000 after purchasing an additional 6,425 shares during the last quarter. Occudo Quantitative Strategies LP acquired a new position in shares of Movado Group in the 3rd quarter valued at $379,000. Finally, Two Sigma Investments LP boosted its position in shares of Movado Group by 288.1% in the 3rd quarter. Two Sigma Investments LP now owns 96,468 shares of the company’s stock valued at $1,830,000 after purchasing an additional 71,614 shares during the period. Institutional investors own 72.08% of the company’s stock.

Movado Group Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 22nd. Investors of record on Monday, December 8th will be issued a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 6.7%. The ex-dividend date is Monday, December 8th. Movado Group’s dividend payout ratio (DPR) is presently 144.33%.

About Movado Group

Movado Group, Inc designs, sources, markets, and distributes watches in the United States and internationally. The company operates in two segments, Watch and Accessory Brands, and Company Stores. The company offers its watches under the Movado, Concord, Ebel, Olivia Burton, and MVMT brands, as well as licensed brands comprising Coach, Tommy Hilfiger, HUGO BOSS, Lacoste, and Calvin Klein.