Zacks Research Upgrades PVH (NYSE:PVH) to Hold

Key Points

• Zacks Research upgraded PVH from “strong sell” to “hold,” while the broader analyst consensus remains “hold” with an average price target of $86.09.
• PVH reported quarterly EPS of $3.70, beating the $3.08 estimate, and revenue of $2.10 billion in line with expectations; results benefited significantly from approximately $107 million in tariff refunds.
• Despite the earnings beat, PVH posted a $102.9 million GAAP loss due largely to a $439 million goodwill impairment, and its third-quarter EPS guidance of $2.50–$2.65 is below the $3.17 consensus, signaling underlying business concerns.

PVH (NYSE:PVH - Get Free Report) was upgraded by research analysts at Zacks Research from a "strong sell" rating to a "hold" rating in a research report issued to clients and investors on Wednesday, Zacks reports.

Several other equities analysts have also commented on PVH. Weiss Ratings upgraded shares of PVH from a "hold (c-)" rating to a "hold (c)" rating in a research report on Tuesday. The Goldman Sachs Group reduced their target price on shares of PVH from $93.00 to $87.00 and set a "buy" rating on the stock in a report on Friday, June 5th. UBS Group decreased their target price on shares of PVH from $130.00 to $121.00 and set a "buy" rating on the stock in a research report on Friday, June 5th. JPMorgan Chase & Co. lowered their price target on shares of PVH from $84.00 to $83.00 and set an "underweight" rating for the company in a report on Thursday. Finally, BTIG Research reiterated a "buy" rating and issued a $100.00 price target on shares of PVH in a research report on Friday, June 5th. Six investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $86.09.

PVH Stock Performance

NYSE PVH opened at $72.80 on Wednesday. The stock has a market capitalization of $3.36 billion, a PE ratio of -19.68, a P/E/G ratio of 1.07 and a beta of 1.72. The business has a 50 day simple moving average of $79.48 and a two-hundred day simple moving average of $79.16. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.68 and a quick ratio of 0.93. PVH has a 1-year low of $59.60 and a 1-year high of $100.75.

PVH (NYSE:PVH - Get Free Report) last issued its quarterly earnings data on Wednesday, September 2nd. The textile maker reported $3.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.08 by $0.62. The business had revenue of $2.10 billion for the quarter, compared to analysts' expectations of $2.09 billion. PVH had a positive return on equity of 11.90% and a negative net margin of 1.89%.The company's revenue for the quarter was down 3.2% on a year-over-year basis. During the same period in the prior year, the firm earned $2.52 EPS. PVH has set its Q3 2026 guidance at 2.500-2.650 EPS and its FY 2026 guidance at 11.800-12.100 EPS. On average, research analysts predict that PVH will post 12.01 EPS for the current fiscal year.

Institutional Investors Weigh In On PVH

Institutional investors and hedge funds have recently modified their holdings of the business. Danske Bank A S bought a new position in PVH in the 3rd quarter valued at $25,000. Global Retirement Partners LLC bought a new position in PVH in the 2nd quarter worth about $26,000. Eurizon Capital SGR S.p.A. purchased a new position in shares of PVH during the fourth quarter worth approximately $36,000. Allworth Financial LP bought a new stake in shares of PVH during the second quarter valued at approximately $41,000. Finally, Meeder Asset Management Inc. bought a new stake in shares of PVH during the fourth quarter valued at approximately $48,000. 97.25% of the stock is owned by institutional investors.

PVH News Summary

Here are the key news stories impacting PVH this week:

• Positive Sentiment: PVH reported second-quarter adjusted EPS of $3.70, well above the $3.08 analyst consensus, while revenue of approximately $2.10 billion was broadly in line with expectations. Lower product costs, digital growth and disciplined expense management helped profitability. PVH Corp. Q2 Earnings Beat on Tariff Refunds, Revenues in Line
• Positive Sentiment: The quarter benefited from roughly $107 million in tariff refunds, or about $1.80 per share, lifting gross margin. Management also reaffirmed its full-year 2026 outlook and plans to repurchase at least $300 million of stock, providing potential support for earnings per share and valuation. PVH Corp. Reports 2026 Second Quarter Results and Reaffirms Full-Year Outlook
• Positive Sentiment: One bullish analysis characterized PVH as attractively valued at roughly seven times estimated ex-tariff earnings, citing buybacks, improving fundamentals and resilience in the Americas. Asia-Pacific sales increased 3%, and digital commerce revenue rose 4%. PVH: Buybacks and Valuation Create an Upside Opportunity
• Neutral Sentiment: Analyst sentiment is mixed: Needham maintained a “buy” rating while lowering its price target to $95 from $102; JPMorgan retained an “underweight” rating and reduced its target to $83 from $84. Both targets remain above the referenced share price, but the reductions signal caution.
• Negative Sentiment: PVH posted a $102.9 million GAAP loss, compared with a $224.2 million profit a year earlier, largely because of a $439 million noncash goodwill impairment charge. Revenue declined about 3.2%, with Calvin Klein weakness and pressure from geopolitical and economic conditions in Europe weighing on results. PVH Second-Quarter Revenue Falls on Pressure From Iran War
• Negative Sentiment: Third-quarter 2026 EPS guidance of $2.50–$2.65 is well below the $3.17 consensus estimate, raising concerns that tariff-related benefits may not recur and that underlying sales momentum remains weak.

PVH Company Profile

PVH Corp is a leading global apparel company known for its portfolio of iconic brands in the dress shirt, sportswear and lifestyle categories. The company designs, markets and distributes clothing, accessories and fragrances under both owned and licensed brands. PVH's core brand holdings include Calvin Klein and Tommy Hilfiger, complemented by a range of heritage labels such as Van Heusen, IZOD, ARROW, Warner's and Olga.

PVH's operations span the entire value chain from product design and development to manufacturing, marketing and distribution.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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