PVH Corp. (NYSE:PVH) to Post FY2026 Earnings of $12.84 Per Share, Wedbush Forecasts

PVH Corp. (NYSE:PVH - Free Report) - Research analysts at Wedbush increased their FY2026 earnings estimates for shares of PVH in a research note issued to investors on Monday, April 15th. Wedbush analyst T. Nikic now expects that the textile maker will earn $12.84 per share for the year, up from their previous forecast of $12.56. Wedbush has a "Outperform" rating and a $128.00 price target on the stock. The consensus estimate for PVH's current full-year earnings is $10.90 per share.

PVH (NYSE:PVH - Get Free Report) last issued its quarterly earnings data on Tuesday, April 2nd. The textile maker reported $3.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.51 by $0.21. PVH had a return on equity of 12.96% and a net margin of 7.20%. The firm had revenue of $2.49 billion during the quarter, compared to analysts' expectations of $2.42 billion. During the same period in the previous year, the firm posted $2.38 earnings per share. PVH's revenue was up .0% on a year-over-year basis.

PVH has been the topic of a number of other research reports. UBS Group increased their target price on PVH from $158.00 to $159.00 and gave the company a "buy" rating in a report on Wednesday, April 3rd. Guggenheim increased their target price on PVH from $120.00 to $140.00 and gave the company a "buy" rating in a report on Tuesday, April 2nd. Bank of America reduced their target price on shares of PVH from $156.00 to $122.00 and set a "buy" rating on the stock in a report on Wednesday, April 3rd. Telsey Advisory Group decreased their price target on shares of PVH from $155.00 to $140.00 and set an "outperform" rating on the stock in a research note on Tuesday, April 2nd. Finally, Morgan Stanley decreased their price target on shares of PVH from $134.00 to $110.00 and set an "equal weight" rating on the stock in a research note on Wednesday, April 3rd. Three investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company's stock. According to MarketBeat.com, PVH presently has an average rating of "Moderate Buy" and a consensus target price of $129.40.

PVH Price Performance

Shares of NYSE PVH traded up $1.24 on Tuesday, hitting $107.57. The company's stock had a trading volume of 1,025,379 shares, compared to its average volume of 983,361. The stock has a 50 day moving average of $127.89 and a 200-day moving average of $109.12. The company has a market capitalization of $6.21 billion, a price-to-earnings ratio of 9.91, a price-to-earnings-growth ratio of 1.01 and a beta of 2.20. PVH has a 12-month low of $69.27 and a 12-month high of $141.15. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.18 and a quick ratio of 0.66.

PVH Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 27th. Investors of record on Wednesday, March 6th were given a $0.0375 dividend. The ex-dividend date was Tuesday, March 5th. This represents a $0.15 annualized dividend and a dividend yield of 0.14%. PVH's dividend payout ratio is presently 1.38%.

PVH announced that its board has initiated a share repurchase plan on Monday, April 1st that permits the company to buyback $2.00 billion in outstanding shares. This buyback authorization permits the textile maker to reacquire up to 24% of its stock through open market purchases. Stock buyback plans are typically a sign that the company's leadership believes its stock is undervalued.

Insider Buying and Selling

In related news, EVP James Holmes sold 3,000 shares of the firm's stock in a transaction that occurred on Thursday, April 11th. The shares were sold at an average price of $108.39, for a total value of $325,170.00. Following the sale, the executive vice president now directly owns 13,904 shares of the company's stock, valued at $1,507,054.56. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 0.78% of the company's stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of PVH. International Assets Investment Management LLC acquired a new position in PVH during the third quarter valued at approximately $25,000. Quarry LP lifted its position in PVH by 81.8% during the second quarter. Quarry LP now owns 320 shares of the textile maker's stock valued at $27,000 after buying an additional 144 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its position in PVH by 2,600.0% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 270 shares of the textile maker's stock valued at $33,000 after buying an additional 260 shares in the last quarter. Riverview Trust Co acquired a new position in PVH during the first quarter valued at approximately $36,000. Finally, GAMMA Investing LLC purchased a new stake in shares of PVH during the fourth quarter valued at approximately $38,000. 97.25% of the stock is owned by institutional investors and hedge funds.

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.