Telsey Advisory Group Reiterates "Outperform" Rating for PVH (NYSE:PVH)

Key Points

• Telsey Advisory Group has reaffirmed an "outperform" rating for PVH with a target price of $90.00, indicating a potential upside of 9.20% from the previous close.
• Multiple analysts have varying ratings for PVH, with nine giving a buy rating and seven a hold rating, leading to an overall average rating of "Moderate Buy."
• PVH reported quarterly earnings of $2.52 per share, exceeding analysts' expectations, with revenues amounting to $2.17 billion, up 4.5% year-over-year.

PVH (NYSE:PVH - Get Free Report)'s stock had its "outperform" rating reaffirmed by stock analysts at Telsey Advisory Group in a research report issued to clients and investors on Wednesday,Benzinga reports. They presently have a $90.00 target price on the textile maker's stock. Telsey Advisory Group's price objective would suggest a potential upside of 9.20% from the company's previous close.

PVH has been the topic of several other research reports. UBS Group decreased their target price on PVH from $150.00 to $146.00 and set a "buy" rating on the stock in a research report on Friday, June 6th. Wall Street Zen raised PVH from a "hold" rating to a "buy" rating in a research report on Friday, May 30th. Morgan Stanley reduced their price target on PVH from $86.00 to $64.00 and set an "equal weight" rating on the stock in a research report on Friday, June 6th. Barclays reduced their price target on PVH from $87.00 to $83.00 and set an "overweight" rating on the stock in a research report on Monday, June 9th. Finally, Needham & Company LLC reissued a "buy" rating and set a $115.00 price target on shares of PVH in a research report on Thursday, June 5th. Nine investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat.com, PVH has an average rating of "Moderate Buy" and an average target price of $93.40.

PVH Price Performance

Shares of NYSE PVH opened at $82.42 on Wednesday. The business's 50 day moving average price is $72.94 and its two-hundred day moving average price is $72.84. The company has a market cap of $3.96 billion, a PE ratio of 11.62, a price-to-earnings-growth ratio of 1.68 and a beta of 1.84. The company has a quick ratio of 0.53, a current ratio of 1.11 and a debt-to-equity ratio of 0.37. PVH has a twelve month low of $59.28 and a twelve month high of $113.47.

PVH (NYSE:PVH - Get Free Report) last announced its quarterly earnings results on Tuesday, August 26th. The textile maker reported $2.52 earnings per share for the quarter, topping analysts' consensus estimates 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 return on equity of 12.66% and a net margin of 4.63%.The business's revenue was up 4.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $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, analysts predict that PVH will post 11.67 EPS for the current year.

Insider Buying and Selling at PVH

In other PVH news, Director Jesper Andersen bought 600 shares of the business's stock in a transaction on Wednesday, June 11th. The stock was purchased at an average cost of $66.10 per share, for a total transaction of $39,660.00. Following the completion of the purchase, the director directly owned 736 shares of the company's stock, valued at approximately $48,649.60. This trade represents a 441.18% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Stefan Larsson bought 15,645 shares of the business's stock in a transaction on Thursday, June 26th. The shares were acquired at an average price of $63.92 per share, with a total value of $1,000,028.40. Following the completion of the purchase, the chief executive officer directly owned 269,438 shares of the company's stock, valued at approximately $17,222,476.96. The trade was a 6.16% increase in their ownership of the stock. The disclosure for this purchase can be found here. 1.20% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of PVH. Mariner LLC raised its position in PVH by 14.7% during the 4th quarter. Mariner LLC now owns 4,535 shares of the textile maker's stock worth $480,000 after purchasing an additional 580 shares during the last quarter. Tower Research Capital LLC TRC raised its position in PVH by 252.1% during the 4th quarter. Tower Research Capital LLC TRC now owns 4,637 shares of the textile maker's stock worth $490,000 after purchasing an additional 3,320 shares during the last quarter. Price T Rowe Associates Inc. MD raised its position in PVH by 14.0% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 62,274 shares of the textile maker's stock worth $6,587,000 after purchasing an additional 7,632 shares during the last quarter. Boothbay Fund Management LLC bought a new position in PVH during the 4th quarter worth $433,000. Finally, Northern Trust Corp raised its position in PVH by 29.1% during the 4th quarter. Northern Trust Corp now owns 549,642 shares of the textile maker's stock worth $58,125,000 after purchasing an additional 124,022 shares during the last quarter. 97.25% of the stock is owned by institutional investors.

PVH Company Profile

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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