Jefferies Financial Group Boosts PVH (NYSE:PVH) Price Target to $98.00

Key Points

• Jefferies Financial Group has increased PVH's price target from $95.00 to $98.00, indicating a potential upside of 12.71% from its current price.
• PVH's stock is currently rated as a "Moderate Buy" by analysts, with ten providing buy ratings and eight giving hold ratings.
• In the latest earnings report, PVH posted an EPS of $2.52, exceeding analyst estimates and demonstrating a 4.5% increase in revenue compared to the previous year.

PVH (NYSE:PVH - Get Free Report) had its price objective increased by equities research analysts at Jefferies Financial Group from $95.00 to $98.00 in a note issued to investors on Thursday,Benzinga reports. The brokerage presently has a "hold" rating on the textile maker's stock. Jefferies Financial Group's target price would suggest a potential upside of 12.71% from the company's current price.

A number of other research firms have also weighed in on PVH. The Goldman Sachs Group upped their target price on PVH from $81.00 to $91.00 and gave the stock a "buy" rating in a report on Thursday, August 28th. Weiss Ratings reiterated a "hold (c)" rating on shares of PVH in a report on Wednesday, October 8th. Wall Street Zen raised shares of PVH from a "hold" rating to a "buy" rating in a research report on Sunday, October 12th. UBS Group upped their target price on shares of PVH from $146.00 to $148.00 and gave the stock a "buy" rating in a research report on Thursday, August 28th. Finally, JPMorgan Chase & Co. upped their price target on shares of PVH from $76.00 to $87.00 and gave the stock a "neutral" rating in a research report on Monday, July 28th. Ten investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $95.13.

PVH Price Performance

NYSE:PVH traded up $2.36 during trading hours on Thursday, hitting $86.95. 156,054 shares of the company's stock traded hands, compared to its average volume of 1,331,470. The business's fifty day simple moving average is $82.91 and its two-hundred day simple moving average is $76.32. PVH has a 52 week low of $59.28 and a 52 week high of $113.47. The company has a quick ratio of 0.63, a current ratio of 1.37 and a debt-to-equity ratio of 0.46. The firm has a market cap of $4.18 billion, a P/E ratio of 9.74, a P/E/G ratio of 2.66 and a beta of 1.89.

PVH (NYSE:PVH - Get Free Report) last announced its earnings results on Tuesday, August 26th. The textile maker reported $2.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.97 by $0.55. PVH had a return on equity of 11.90% and a net margin of 5.34%.The firm had revenue of $2.17 billion during the quarter, compared to analyst estimates of $2.11 billion. During the same quarter in the prior year, the company earned $3.01 EPS. The business's revenue was up 4.5% compared to the same quarter last year. PVH has set its Q3 2025 guidance at 2.350-2.50 EPS. FY 2025 guidance at 10.750-11.00 EPS. On average, research analysts anticipate that PVH will post 11.67 earnings per share for the current fiscal year.

Institutional Trading of PVH

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. BNP PARIBAS ASSET MANAGEMENT Holding S.A. bought a new position in shares of PVH in the 2nd quarter worth $38,000. UMB Bank n.a. increased its holdings in shares of PVH by 63.3% during the second 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. Hantz Financial Services Inc. boosted its position in PVH by 1,284.4% in the second quarter. Hantz Financial Services Inc. now owns 623 shares of the textile maker's stock worth $43,000 after purchasing an additional 578 shares during the last quarter. Smartleaf Asset Management LLC lifted its holdings in PVH by 30.0% in the 1st quarter. Smartleaf Asset Management LLC now owns 802 shares of the textile maker's stock worth $52,000 after purchasing an additional 185 shares in the last quarter. Finally, Allworth Financial LP increased its position in shares of PVH by 78.2% during the 1st quarter. Allworth Financial LP now owns 930 shares of the textile maker's stock valued at $60,000 after purchasing an additional 408 shares during the last quarter. 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.

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