PVH (NYSE:PVH) Receives "Hold (C)" Rating from Weiss Ratings

Key Points

• Weiss Ratings has reaffirmed a "Hold (C)" rating for PVH, indicating a cautious outlook on the stock's performance.
• PVH's stock price target has been adjusted by several analysts, with Morgan Stanley setting it at $70 and Wells Fargo at $88, reflecting a range of optimism from the financial community.
• PVH recently reported earnings exceeding estimates, with EPS of $2.52 for the last quarter, up from $1.97 predictions, and a revenue of $2.17 billion—showing a year-over-year increase of 4.5%.

PVH (NYSE:PVH - Get Free Report)'s stock had its "hold (c)" rating reissued by equities research analysts at Weiss Ratings in a note issued to investors on Wednesday,Weiss Ratings reports.

PVH has been the topic of a number of other research reports. Morgan Stanley increased their price objective on shares of PVH from $64.00 to $70.00 and gave the company an "equal weight" rating in a research report on Thursday, August 28th. Wells Fargo & Company increased 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. Bank of America increased their price objective on shares of PVH from $76.00 to $88.00 and gave the company a "neutral" rating in a research report on Wednesday, August 27th. Telsey Advisory Group restated an "outperform" rating and set a $90.00 price objective on shares of PVH in a research report on Wednesday, August 27th. Finally, JPMorgan Chase & Co. increased 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. Nine analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company's stock. According to data from MarketBeat, PVH currently has an average rating of "Moderate Buy" and an average target price of $95.27.

PVH Trading Up 1.0%

Shares of NYSE PVH opened at $84.30 on Wednesday. The firm's 50 day moving average price is $81.30 and its 200-day moving average price is $75.40. The company has a market cap of $4.06 billion, a PE ratio of 9.45, a P/E/G ratio of 2.63 and a beta of 1.89. PVH has a 52-week low of $59.28 and a 52-week high of $113.47. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.63 and a current ratio of 1.37.

PVH (NYSE:PVH - Get Free Report) last issued 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. The firm had revenue of $2.17 billion for the quarter, compared to the consensus estimate of $2.11 billion. PVH had a net margin of 5.34% and a return on equity of 11.90%. The business's revenue was up 4.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $3.01 earnings per share. 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 EPS for the current fiscal year.

Institutional Trading of PVH

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Oak Thistle LLC purchased a new stake in shares of PVH in the third quarter worth $822,000. Texas Permanent School Fund Corp increased its stake in shares of PVH by 124.6% in the second quarter. Texas Permanent School Fund Corp now owns 120,303 shares of the textile maker's stock worth $8,253,000 after purchasing an additional 66,741 shares in the last quarter. Osaic Holdings Inc. increased its stake in shares of PVH by 12.4% in the second 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. Neuberger Berman Group LLC purchased a new stake in shares of PVH in the second quarter worth $249,000. Finally, Geneos Wealth Management Inc. increased its stake in shares of PVH by 183.0% in the second quarter. Geneos Wealth Management Inc. now owns 1,081 shares of the textile maker's stock worth $74,000 after purchasing an additional 699 shares in the last quarter. 97.25% of the stock is owned by hedge funds and other institutional investors.

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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