PVH Corp. (NYSE:PVH) Given Consensus Rating of "Moderate Buy" by Brokerages

Shares of PVH Corp. (NYSE:PVH - Get Free Report) have received a consensus recommendation of "Moderate Buy" from the sixteen research firms that are presently covering the company, Marketbeat reports. Six investment analysts have rated the stock with a hold rating and ten have issued a buy rating on the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $98.53.

A number of analysts have issued reports on the company. JPMorgan Chase & Co. raised their target price on PVH from $87.00 to $99.00 and gave the stock a "neutral" rating in a research report on Monday, May 19th. Morgan Stanley decreased their target price on PVH from $86.00 to $64.00 and set an "equal weight" rating for the company in a research report on Friday. Bank of America decreased their target price on PVH from $86.00 to $76.00 and set a "neutral" rating for the company in a research report on Friday. Barclays reduced their price target on PVH from $103.00 to $87.00 and set an "overweight" rating for the company in a research report on Monday, April 28th. Finally, Citigroup reiterated a "neutral" rating and issued a $68.00 price target (down from $83.00) on shares of PVH in a research report on Monday, April 7th.

Institutional Investors Weigh In On PVH

Large investors have recently added to or reduced their stakes in the business. Proficio Capital Partners LLC bought a new stake in PVH during the fourth quarter valued at $41,000. Kapitalo Investimentos Ltda bought a new stake in PVH during the fourth quarter valued at $47,000. Allworth Financial LP bought a new stake in PVH during the fourth quarter valued at $50,000. Smartleaf Asset Management LLC boosted its stake in PVH by 30.0% during the first quarter. Smartleaf Asset Management LLC now owns 802 shares of the textile maker's stock valued at $52,000 after buying an additional 185 shares during the period. Finally, Hoey Investments Inc. bought a new stake in PVH during the fourth quarter worth about $55,000. Institutional investors own 97.25% of the company's stock.

PVH Stock Performance

Shares of PVH opened at $65.46 on Friday. The company has a current ratio of 1.29, a quick ratio of 0.69 and a debt-to-equity ratio of 0.31. The company has a market capitalization of $3.14 billion, a price-to-earnings ratio of 5.33, a PEG ratio of 0.77 and a beta of 1.89. The stock has a 50 day moving average of $74.68 and a 200 day moving average of $84.54. PVH has a 12 month low of $59.28 and a 12 month high of $122.02.

PVH (NYSE:PVH - Get Free Report) last released its earnings results on Wednesday, June 4th. The textile maker reported $2.30 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.24 by $0.06. PVH had a return on equity of 13.66% and a net margin of 8.13%. The business had revenue of $1.98 billion during the quarter, compared to the consensus estimate of $1.93 billion. During the same period last year, the business posted $2.45 earnings per share. The business's revenue for the quarter was up 1.6% on a year-over-year basis. As a group, sell-side analysts forecast that PVH will post 11.67 earnings per share for the current year.

PVH Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 25th. Investors of record on Wednesday, June 4th will be paid a dividend of $0.0375 per share. This represents a $0.15 annualized dividend and a yield of 0.23%. The ex-dividend date of this dividend is Wednesday, June 4th. PVH's dividend payout ratio is 1.42%.

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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