PVH Corp. (NYSE:PVH) Given Consensus Recommendation of "Hold" by Brokerages

Key Points

• Consensus "Hold": Seventeen analysts give PVH a consensus "Hold" (1 sell, 9 hold, 7 buy) with an average 12‑month price target of $88.93.
• Quarterly beat: PVH reported Q EPS of $3.82 versus $3.30 expected and revenue of $2.51B (up 5.6% YoY), and analysts project $12.07 EPS for the current fiscal year.
• Valuation and payout: Shares trade near $93.57 with a $4.29B market cap and a high P/E (~246), and the company recently paid a small annualized dividend of $0.15 (≈0.2% yield).

Shares of PVH Corp. (NYSE:PVH - Get Free Report) have been given a consensus rating of "Hold" by the seventeen analysts that are covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell rating, nine have given a hold rating and seven have assigned a buy rating to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $88.9333.

Several equities research analysts have recently weighed in on PVH shares. Telsey Advisory Group reiterated a "market perform" rating and issued a $74.00 price objective on shares of PVH in a research note on Wednesday, April 1st. UBS Group reduced their target price on PVH from $148.00 to $120.00 and set a "buy" rating on the stock in a report on Friday, March 6th. BTIG Research reissued a "buy" rating and issued a $100.00 target price on shares of PVH in a report on Wednesday, April 1st. The Goldman Sachs Group boosted their target price on PVH from $83.00 to $93.00 and gave the stock a "buy" rating in a report on Thursday, April 2nd. Finally, Needham & Company LLC boosted their target price on PVH from $100.00 to $107.00 and gave the stock a "buy" rating in a report on Wednesday, April 1st.

PVH Trading Down 0.1%

PVH stock opened at $93.57 on Tuesday. PVH has a 1-year low of $59.60 and a 1-year high of $100.15. The firm has a market cap of $4.29 billion, a P/E ratio of 246.23, a P/E/G ratio of 0.89 and a beta of 1.61. The business's 50 day moving average is $74.67 and its 200-day moving average is $73.65. The company has a current ratio of 1.52, a quick ratio of 0.85 and a debt-to-equity ratio of 0.48.

PVH (NYSE:PVH - Get Free Report) last released its quarterly earnings data on Tuesday, March 31st. The textile maker reported $3.82 earnings per share for the quarter, beating the consensus estimate of $3.30 by $0.52. PVH had a return on equity of 11.55% and a net margin of 0.28%.The company had revenue of $2.51 billion for the quarter, compared to analyst estimates of $2.43 billion. During the same period in the prior year, the company posted $3.27 EPS. The company's revenue was up 5.6% compared to the same quarter last year. Equities analysts anticipate that PVH will post 12.07 earnings per share for the current fiscal year.

PVH Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 25th. Stockholders of record on Wednesday, March 4th were issued a $0.0375 dividend. This represents a $0.15 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend was Wednesday, March 4th. PVH's payout ratio is presently 39.47%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Neuberger Berman Group LLC increased its holdings in PVH by 4.7% during the 4th quarter. Neuberger Berman Group LLC now owns 3,467 shares of the textile maker's stock worth $232,000 after purchasing an additional 155 shares in the last quarter. Central Pacific Bank Trust Division increased its holdings in PVH by 9.6% during the 4th quarter. Central Pacific Bank Trust Division now owns 1,940 shares of the textile maker's stock worth $130,000 after purchasing an additional 170 shares in the last quarter. Smartleaf Asset Management LLC increased its holdings in PVH by 15.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,381 shares of the textile maker's stock worth $94,000 after purchasing an additional 180 shares in the last quarter. Osaic Holdings Inc. increased its holdings in PVH by 12.4% during the 2nd quarter. Osaic Holdings Inc. now owns 1,672 shares of the textile maker's stock worth $114,000 after purchasing an additional 184 shares in the last quarter. Finally, Visionary Horizons LLC increased its holdings in PVH by 2.1% during the 3rd quarter. Visionary Horizons LLC now owns 10,885 shares of the textile maker's stock worth $912,000 after purchasing an additional 222 shares in the last quarter. 97.25% of the stock is owned by institutional investors and hedge funds.

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.

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