Jefferies Financial Group Issues Positive Forecast for PVH (NYSE:PVH) Stock Price

Key Points

• Jefferies raised PVH’s price target to $95 from $91 and maintained a “buy” rating, implying 16.49% potential upside from the stock’s reported $81.56 price.
• Analyst sentiment remains mixed: six analysts rate PVH a buy, five hold, and three sell, resulting in a consensus “hold” rating and average price target of $87.91.
• PVH beat quarterly earnings expectations with $3.70 EPS versus the $3.08 consensus, while revenue declined 3.2% year over year; CEO Stefan Larsson also purchased approximately $1 million of company stock.

PVH (NYSE:PVH - Get Free Report) had its target price raised by analysts at Jefferies Financial Group from $91.00 to $95.00 in a research report issued on Wednesday, Benzinga reports. The firm currently has a "buy" rating on the textile maker's stock. Jefferies Financial Group's price objective points to a potential upside of 16.49% from the company's current price.

A number of other brokerages have also issued reports on PVH. Zacks Research raised PVH from a "strong sell" rating to a "hold" rating in a research note on Wednesday, September 2nd. Weiss Ratings downgraded PVH from a "hold (c)" rating to a "sell (d)" rating in a research note on Monday, September 14th. Telsey Advisory Group reissued a "market perform" rating and issued a $79.00 price objective on shares of PVH in a research note on Friday, September 4th. JPMorgan Chase & Co. cut their price objective on PVH from $84.00 to $83.00 and set an "underweight" rating for the company in a report on Thursday, September 3rd. Finally, Needham & Company LLC decreased their target price on PVH from $102.00 to $95.00 and set a "buy" rating for the company in a research note on Thursday, September 3rd. Six investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and three have given a Sell rating to the company's stock. According to MarketBeat, the company has an average rating of "Hold" and a consensus price target of $87.91.

PVH Price Performance

PVH stock traded down $1.20 during trading hours on Wednesday, hitting $81.56. 837,789 shares of the company traded hands, compared to its average volume of 1,055,372. PVH has a 1-year low of $59.60 and a 1-year high of $100.75. The firm has a market cap of $3.76 billion, a P/E ratio of -22.04, a P/E/G ratio of 1.02 and a beta of 1.76. The firm's 50-day simple moving average is $76.91 and its two-hundred day simple moving average is $80.94. The company has a quick ratio of 0.93, a current ratio of 1.65 and a debt-to-equity ratio of 0.47.

PVH (NYSE:PVH - Get Free Report) last issued its quarterly earnings results on Wednesday, September 2nd. The textile maker reported $3.70 earnings per share for the quarter, topping analysts' consensus estimates of $3.08 by $0.62. PVH had a negative net margin of 1.89% and a positive return on equity of 11.94%. The company had revenue of $2.10 billion during the quarter, compared to analyst estimates of $2.09 billion. During the same period in the prior year, the business posted $2.52 EPS. The business's revenue for the quarter was down 3.2% compared to the same quarter last year. PVH has set its Q3 2026 guidance at 2.500-2.650 EPS and its FY 2026 guidance at 11.800-12.100 EPS. As a group, analysts forecast that PVH will post 12.06 earnings per share for the current fiscal year.

Insider Buying and Selling at PVH

In related news, CEO Stefan Larsson acquired 14,179 shares of PVH stock in a transaction dated Friday, September 11th. The stock was acquired at an average cost of $70.53 per share, with a total value of $1,000,044.87. Following the purchase, the chief executive officer directly owned 349,889 shares in the company, valued at $24,677,671.17. The trade was a 4.22% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 1.50% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On PVH

Several hedge funds have recently modified their holdings of the stock. Pzena Investment Management LLC acquired a new stake in shares of PVH during the second quarter worth approximately $444,571,000. BlackRock Inc. purchased a new position in PVH during the second quarter valued at approximately $332,758,000. Allspring Global Investments Holdings LLC grew its position in PVH by 2.0% during the first quarter. Allspring Global Investments Holdings LLC now owns 2,262,489 shares of the textile maker's stock valued at $173,216,000 after purchasing an additional 44,346 shares in the last quarter. Invenomic Capital Management LP increased its stake in PVH by 32.3% in the 4th quarter. Invenomic Capital Management LP now owns 652,967 shares of the textile maker's stock valued at $43,762,000 after buying an additional 159,532 shares during the period. Finally, Bank of New York Mellon Corp acquired a new position in PVH in the 2nd quarter valued at approximately $25,665,000. 97.25% of the stock is owned by hedge funds and other institutional investors.

PVH Company Profile

PVH Corp. NYSE: PVH is a global apparel company that owns and operates the Calvin Klein and Tommy Hilfiger brands. Its products include clothing, accessories, footwear, underwear, and related lifestyle merchandise for women, men, and children.

The company sells its products through company-operated stores, e-commerce platforms, wholesale partners, and licensing arrangements. Calvin Klein and Tommy Hilfiger merchandise is distributed across North America, Europe, Asia-Pacific, and other international markets.

PVH traces its history to 1881 and has expanded through brand development and acquisitions, including its acquisition of Tommy Hilfiger in 2010.

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