PVH (NYSE:PVH) Rating Lowered to "Hold" at Wall Street Zen

Key Points

• PVH Corp. has been downgraded by Wall Street Zen from a "buy" rating to a "hold" rating, reflecting a shift in analyst sentiment regarding its stock performance.
• Despite the downgrade, other analysts, including JPMorgan Chase and Wells Fargo, have raised their price targets for PVH, indicating a mixed outlook among market experts.
• PVH reported stronger-than-expected quarterly earnings, with earnings per share of $2.52, surpassing estimates and reflecting a year-over-year revenue growth of 4.5%.

PVH (NYSE:PVH - Get Free Report) was downgraded by analysts at Wall Street Zen from a "buy" rating to a "hold" rating in a research report issued on Saturday.

Other research analysts also recently issued reports about the stock. JPMorgan Chase & Co. boosted their price objective on shares of PVH from $76.00 to $87.00 and gave the company a "neutral" rating in a research report on Monday, July 28th. Wells Fargo & Company boosted their price objective on shares of PVH from $80.00 to $88.00 and gave the company an "equal weight" rating in a research report on Thursday, August 28th. Weiss Ratings restated a "hold (c)" rating on shares of PVH in a research report on Saturday, September 27th. TD Cowen restated a "hold" rating and set a $74.00 price objective (down from $98.00) on shares of PVH in a research report on Wednesday, July 9th. Finally, UBS Group boosted their price objective on shares of PVH from $146.00 to $148.00 and gave the company a "buy" rating in a research report on Thursday, August 28th. Nine equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat.com, PVH currently has an average rating of "Moderate Buy" and an average target price of $95.27.

PVH Stock Up 0.8%

NYSE PVH opened at $83.36 on Friday. The company has a current ratio of 1.37, a quick ratio of 0.63 and a debt-to-equity ratio of 0.46. PVH has a 1-year low of $59.28 and a 1-year high of $113.47. The company has a 50 day moving average of $80.79 and a 200-day moving average of $75.01. The company has a market cap of $4.01 billion, a price-to-earnings ratio of 9.35, a PEG ratio of 2.60 and a beta of 1.89.

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

Institutional Trading of PVH

A number of institutional investors have recently bought and sold shares of PVH. Fort Washington Investment Advisors Inc. OH raised its holdings in shares of PVH by 9.6% during the first quarter. Fort Washington Investment Advisors Inc. OH now owns 209,460 shares of the textile maker's stock valued at $13,539,000 after purchasing an additional 18,370 shares during the period. Cetera Investment Advisers raised its holdings in shares of PVH by 63.5% during the first quarter. Cetera Investment Advisers now owns 6,468 shares of the textile maker's stock valued at $418,000 after purchasing an additional 2,511 shares during the period. Visionary Horizons LLC acquired a new position in shares of PVH during the first quarter valued at about $513,000. Wedge Capital Management L L P NC raised its holdings in shares of PVH by 60.2% during the first quarter. Wedge Capital Management L L P NC now owns 38,132 shares of the textile maker's stock valued at $2,465,000 after purchasing an additional 14,331 shares during the period. Finally, Wealth Enhancement Advisory Services LLC raised its holdings in shares of PVH by 106.9% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 9,109 shares of the textile maker's stock valued at $963,000 after purchasing an additional 4,706 shares during the period. Institutional investors 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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