Movado Group Company Profile (NYSE:MOV)

About Movado Group

Movado Group logoMovado Group, Inc. designs, sources, markets and distributes watches. The Company operates through two segments: Wholesale and Retail. The Wholesale segment includes the design, development, sourcing, marketing and distribution of watches, and after-sales service activities and shipping. It sells all of its brands to jewelry store chains, department stores and independent jewelers. The Retail segment includes its retail outlet stores. The Company's subsidiary, Movado Retail Group, Inc., operates approximately 40 outlet stores located in outlet centers across the United States. The Company divides its business into two geographic locations: the United States and International. It has international operations in Europe, the Americas (excluding the United States), the Middle East and Asia. Its portfolio of brands includes Coach Watches, Concord, Ebel, ESQ Movado, Scuderia Ferrari Watches, HUGO BOSS Watches, Juicy Couture Watches, Lacoste Watches, Movado and Tommy Hilfiger Watches.

Industry, Sector and Symbol:
  • Sector: Retail/Wholesale
  • Industry: Recreational Goods, Other
  • Sub-Industry: Apparel Accessories & Luxury Goods
  • Exchange: NYSE
  • Symbol: MOV
  • CUSIP: 62458010
Key Metrics:
  • Previous Close: $21.22
  • 50 Day Moving Average: $22.49
  • 200 Day Moving Average: $24.08
  • 52-Week Range: $19.14 - $30.98
  • Trailing P/E Ratio: 12.68
  • Foreward P/E Ratio: 13.78
  • P/E Growth: 1.02
  • Market Cap: $487.00M
  • Outstanding Shares: 22,950,000
  • Beta: 0.95
Profitability:
  • Net Margins: 6.84%
  • Return on Equity: 9.15%
  • Return on Assets: 6.94%
Debt:
  • Debt-to-Equity Ratio: 0.08%
  • Current Ratio: 7.26%
  • Quick Ratio: 4.55%
Additional Links:
Companies Related to Movado Group:

Analyst Ratings

Consensus Ratings for Movado Group (NYSE:MOV) (?)
Ratings Breakdown: 3 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.25)
Consensus Price Target: $29.00 (36.66% upside)

Analysts' Ratings History for Movado Group (NYSE:MOV)
Show:
DateFirmActionRatingPrice TargetDetails
9/12/2016Cowen and CompanyReiterated RatingMarket Perform$24.00View Rating Details
4/19/2016Pacific CrestReiterated RatingEqual WeightView Rating Details
2/19/2016SidotiInitiated CoverageBuy$34.00View Rating Details
11/26/2015Barrington ResearchReiterated RatingHoldView Rating Details
11/14/2014Dougherty & CoDowngradeBuy -> NeutralView Rating Details
(Data available from 9/30/2014 forward)

Earnings

Earnings History for Movado Group (NYSE:MOV)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/22/2016        
8/25/2016Q217$0.31$0.27$135.92 million$128.10 millionViewListenView Earnings Details
5/26/2016Q117$0.16$0.19$115.59 million$114.10 millionViewListenView Earnings Details
3/31/2016Q416$0.39$0.40$143.30 millionViewListenView Earnings Details
11/24/2015Q316$0.95$0.92$191.64 million$185.60 millionViewListenView Earnings Details
8/27/2015Q216$0.42$0.50$142.25 million$145.50 millionViewListenView Earnings Details
5/27/2015Q116$0.26$0.25$119.55 million$120.50 millionViewListenView Earnings Details
3/31/2015Q415$0.20$0.40$134.31 million$133.90 millionViewListenView Earnings Details
11/25/2014Q315$0.86$0.87$188.70 million$188.60 millionViewListenView Earnings Details
8/26/2014Q215$0.54$0.44$152.91 million$143.60 millionViewListenView Earnings Details
5/22/2014Q115$0.32$0.29$123.07 million$120.90 millionViewListenView Earnings Details
3/26/2014Q414$0.30$0.46$143.50 million$140.10 millionViewListenView Earnings Details
11/26/2013Q3$0.87$0.89$184.35 million$189.70 millionViewListenView Earnings Details
8/27/2013Q2 2014$0.32$0.44$135.91 million$138.30 millionViewListenView Earnings Details
5/29/2013Q1 2014$0.22$0.32$103.70 million$110.00 millionViewListenView Earnings Details
3/21/2013Q4 2013$0.26$0.41$128.30 million$128.50 millionViewListenView Earnings Details
11/28/20120.67$0.67$160.20 millionViewListenView Earnings Details
8/28/2012Q213$0.18$0.30$122.00 million$118.00 millionViewN/AView Earnings Details
5/31/2012$0.24$0.26ViewN/AView Earnings Details
12/1/2011$0.43$0.65ViewN/AView Earnings Details
9/1/2011$0.04$0.16ViewN/AView Earnings Details
6/2/2011($0.03)$0.02ViewN/AView Earnings Details
4/7/2011$0.01$0.05ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Movado Group (NYSE:MOV)
Current Year EPS Consensus Estimate: $1.44 EPS
Next Year EPS Consensus Estimate: $1.54 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.39$0.39$0.39
Q2 20163$0.16$0.27$0.23
Q3 20162$0.45$0.55$0.50
Q4 20162$0.88$1.08$0.98
Q1 20172$0.15$0.43$0.29
Q2 20172$0.36$0.38$0.37
Q3 20172$0.70$0.78$0.74
Q4 20172$0.28$0.28$0.28
Q1 20181$0.17$0.17$0.17
Q2 20181$0.47$0.47$0.47
Q3 20181$0.92$0.92$0.92
Q4 20181$0.39$0.39$0.39
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Movado Group (NYSE:MOV)
Annual Dividend:$0.52
Dividend Yield:2.45%
Dividend Growth:30.10% (3 Year Average)
Payout Ratio:31.14% (Based on Trailing 12 Months of Earnings)
36.11% (Based on Current Year Consensus EPS Estimate)
33.77% (Based on Next Year Consensus EPS Estimate)
Track Record:4 Years of Consecutive Dividend Growth

Dividend History for Movado Group (NYSE:MOV)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/25/2016quarterly$0.132.28%9/1/20169/6/20169/20/2016
5/26/2016quarterly$0.132.41%6/3/20166/7/20166/21/2016
3/31/2016quarterly$0.131.8%4/8/20164/12/20164/26/2016
11/24/2015quarterly$0.111.64%12/2/201512/4/201512/18/2015
8/27/2015quarterly$0.111.54%9/3/20159/8/20159/22/2015
5/27/2015quarterly$0.111.68%6/4/20156/8/20156/22/2015
3/31/2015quarterly$0.111.42%4/8/20154/10/20154/24/2015
11/25/2014quarterly$0.101.43%12/3/201412/5/201412/19/2014
8/27/2014quarterly$0.101.03%9/3/20149/5/20149/15/2014
8/26/2014quarterly$0.109/3/20149/5/20149/19/2014
5/22/2014quarterly$0.101.04%5/29/20146/2/20146/16/2014
3/26/2014quarterly$0.100.87%4/3/20144/7/20144/21/2014
11/26/2013quarterly$0.080.71%12/4/201312/6/201312/20/2013
8/27/2013quarterly$0.080.75%9/4/20139/6/20139/20/2013
5/29/2013quarterly$0.050.57%6/6/20136/10/20136/21/2013
3/21/2013quarterly$0.050.63%3/28/20134/2/20134/16/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Movado Group (NYSE:MOV)
Insider Ownership Percentage: 32.98%
Institutional Ownership Percentage: 66.28%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
6/10/2016Efraim GrinbergCEOBuy5,000$19.62$98,100.00View SEC Filing  
4/15/2016Alexander GrinbergDirectorSell806$27.81$22,414.86View SEC Filing  
4/6/2016Alan H HowardDirectorSell1,500$28.00$42,000.00View SEC Filing  
4/5/2016Margaret Hayes AdameDirectorSell1,500$27.29$40,935.00View SEC Filing  
1/5/2016Francis Anthony MorelliVPSell10,000$24.31$243,100.00View SEC Filing  
8/31/2015Timothy F. MichnoinsiderSell8,400$28.99$243,516.00View SEC Filing  
6/18/2015Margaret Hayes AdameDirectorSell1,500$27.78$41,670.00View SEC Filing  
6/4/2015Richard D IssermanDirectorSell1,500$27.97$41,955.00View SEC Filing  
9/12/2014Peter A BridgmanDirectorBuy2,000$36.16$72,320.00View SEC Filing  
6/6/2014Maurice S ReznikDirectorBuy1,200$40.00$48,000.00View SEC Filing  
4/16/2014Timothy MichnoInsiderSell1,016$42.50$43,180.00View SEC Filing  
4/15/2014Alexander GrinbergDirectorSell8,799$42.00$369,558.00View SEC Filing  
4/14/2014Efraim GrinbergCEOSell50,000$42.09$2,104,500.00View SEC Filing  
4/7/2014Efraim GrinbergCEOSell75,000$41.84$3,138,000.00View SEC Filing  
6/11/2013Nathan LeventhalDirectorSell3,016$34.60$104,353.60View SEC Filing  
5/30/2013Timothy F MichnoInsiderSell1,350$34.90$47,115.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Movado Group (NYSE:MOV)
DateHeadline
News IconMovado Group Inc. (NYSE:MOV) Updated Broker Price Targets (NYSE:MOV)
desotoedge.com - September 29 at 11:19 AM
capitalcube.com logoMovado Group, Inc. – Value Analysis (NYSE:MOV) : September 28, 2016 (NYSE:MOV)
www.capitalcube.com - September 28 at 11:09 AM
capitalcube.com logoMovado Group, Inc. breached its 50 day moving average in a Bearish Manner : MOV-US : September 27, 2016 (NYSE:MOV)
www.capitalcube.com - September 27 at 10:49 AM
capitalcube.com logoETF’s with exposure to Movado Group, Inc. : September 16, 2016 (NYSE:MOV)
www.capitalcube.com - September 16 at 6:00 PM
finance.yahoo.com logoWhat Makes Movado Group (MOV) a Strong Sell? (NYSE:MOV)
finance.yahoo.com - September 14 at 10:31 AM
investorplace.com logoTime Stands Still for Movado Group, Inc (MOV) (NYSE:MOV)
investorplace.com - September 7 at 9:58 AM
capitalcube.com logoMovado Group, Inc. breached its 50 day moving average in a Bearish Manner : MOV-US : September 2, 2016 (NYSE:MOV)
www.capitalcube.com - September 2 at 11:02 AM
finance.yahoo.com logoMOVADO GROUP INC Financials (NYSE:MOV)
finance.yahoo.com - September 1 at 9:21 AM
capitalcube.com logoETF’s with exposure to Movado Group, Inc. : August 30, 2016 (NYSE:MOV)
www.capitalcube.com - August 30 at 6:12 PM
fool.com logoMovado Group, Inc. Cuts Guidance (NYSE:MOV)
www.fool.com - August 29 at 4:30 PM
4-traders.com logoMOVADO : OF PARAMUS SEES EARNINGS DROP 48% (NYSE:MOV)
www.4-traders.com - August 26 at 6:00 PM
capitalcube.com logoMovado Group, Inc. :MOV-US: Earnings Analysis: Q2, 2017 By the Numbers : August 26, 2016 (NYSE:MOV)
www.capitalcube.com - August 26 at 6:00 PM
News IconMovado’s Q2 Sales Drop 12 Percent (NYSE:MOV)
www.nationaljeweler.com - August 26 at 9:13 AM
News IconShares of watchmaker Movado of Paramus slip after second-quarter earnings decline (NYSE:MOV)
www.northjersey.com - August 25 at 6:11 PM
4-traders.com logoMOVADO GROUP INC : Results of Operations and Financial Condition, Financial Statements and Exhibits (form 8-K) (NYSE:MOV)
www.4-traders.com - August 25 at 6:11 PM
biz.yahoo.com logoMovado Group Inc Earnings Call (Q2 2017) (NYSE:MOV)
biz.yahoo.com - August 25 at 6:11 PM
News IconMovado Group, Inc. Announces Second Quarter Results (NYSE:MOV)
ih.advfn.com - August 25 at 6:11 PM
News IconNoteworthy Wednesday Option Activity: PBYI, MOV, BOFI (NYSE:MOV)
www.stockoptionschannel.com - August 24 at 6:03 PM
thestreet.com logoHow to Trade Luxury Retailers Movado and Tiffany (NYSE:MOV)
www.thestreet.com - August 23 at 10:40 AM
4-traders.com logoMovado Group, Inc : half-yearly earnings release (NYSE:MOV)
www.4-traders.com - August 22 at 10:50 AM
finance.yahoo.com logoMovado Group, Inc. Announces Date of Conference Call and Webcast for Second Quarter Fiscal Year 2017 Results (NYSE:MOV)
finance.yahoo.com - August 18 at 9:20 AM
nasdaq.com logoHow To YieldBoost MOV From 2.3% To 17.1% Using Options (NYSE:MOV)
www.nasdaq.com - August 11 at 9:26 AM
insidermonkey.com logoNVIDIA, IBM, Movado, and More Have Investors Buzzing This Morning (NYSE:MOV)
www.insidermonkey.com - July 15 at 10:06 AM
capitalcube.com logoMovado Group, Inc. breached its 50 day moving average in a Bullish Manner : MOV-US : July 12, 2016 (NYSE:MOV)
www.capitalcube.com - July 12 at 8:33 AM
marketwired.com logoiGambit Names Rory Welch as CEO; John Salerno Remains Chairman (NYSE:MOV)
www.marketwired.com - July 11 at 6:16 PM
biz.yahoo.com logoMOVADO GROUP INC Files SEC form 8-K, Change in Directors or Principal Officers, Amendments to Articles of Inc. or Byl (NYSE:MOV)
biz.yahoo.com - June 27 at 8:08 AM
finance.yahoo.com logoWhat Falling Estimates & Price Mean for Movado Group (MOV) (NYSE:MOV)
finance.yahoo.com - June 21 at 8:50 AM
fool.com logoGrowth Stocks vs. Value Stocks: Over the Long Term, Your Best Bet Is... (NYSE:MOV)
www.fool.com - June 19 at 9:44 AM
finance.yahoo.com logoMovado Group (MOV): Moving Average Crossover Alert (NYSE:MOV)
finance.yahoo.com - June 13 at 8:29 AM
thestreet.com logoWatch Maker Movado Is Running Behind (NYSE:MOV)
realmoney.thestreet.com - June 8 at 4:00 PM
finance.yahoo.com logoBear of the Day: Movado (MOV) (NYSE:MOV)
finance.yahoo.com - June 7 at 6:37 AM
capitalcube.com logoMovado Group, Inc. :MOV-US: Earnings Analysis: Q1, 2017 By the Numbers : June 6, 2016 (NYSE:MOV)
www.capitalcube.com - June 6 at 12:36 PM
fool.com logoWhy Shares of Movado Group, Inc Plunged 27% in May (NYSE:MOV)
www.fool.com - June 3 at 2:45 PM
fool.com logoMovado Group Inc. Slashes Its Full-Year Outlook (NYSE:MOV)
www.fool.com - May 27 at 3:41 PM
fool.com logoWhy Abercrombie & Fitch, Ionis Pharmaceuticals, and Movado Group Slumped Today (NYSE:MOV)
www.fool.com - May 26 at 6:36 PM
capitalcube.com logoETF’s with exposure to Movado Group, Inc. : April 4, 2016 (NYSE:MOV)
www.capitalcube.com - April 4 at 4:36 PM
biz.yahoo.com logoMOVADO GROUP INC Files SEC form 8-K, Change in Directors or Principal Officers (NYSE:MOV)
biz.yahoo.com - April 1 at 5:27 PM
fool.com logoMovado Group, Inc. Dials Back Expectations (NYSE:MOV)
www.fool.com - April 1 at 4:30 PM
fool.com logoWhy Movado Group, Lindsay, and Silver Wheaton Slumped Today (NYSE:MOV)
www.fool.com - March 31 at 7:32 PM
feeds.benzinga.com logoEarnings Recap For March 31 (NYSE:MOV)
feeds.benzinga.com - March 31 at 5:22 PM
feeds.benzinga.com logoMovado Clocked After Q4 Report And Lower Guidance (NYSE:MOV)
feeds.benzinga.com - March 31 at 11:43 AM
feeds.benzinga.com logoMovado Q4 Earnings Conference Call: Full Transcript (NYSE:MOV)
feeds.benzinga.com - March 31 at 11:43 AM
feeds.benzinga.com logoEarnings Scheduled For March 31, 2016 (NYSE:MOV)
feeds.benzinga.com - March 31 at 5:12 AM
feeds.benzinga.com logo5 Stocks To Watch For March 31, 2016 (NYSE:MOV)
feeds.benzinga.com - March 31 at 5:12 AM
clintongazette.com logoMonitoring EPS Growth Movado Group, Inc.( NYSE:MOV ) - Clinton Financial (NYSE:MOV)
www.clintongazette.com - March 19 at 2:58 PM
News IconTrading Action Review: Movado Group, Inc.( NYSE:MOV ) - RiversideGazette.com (NYSE:MOV)
www.riversidegazette.com - March 19 at 2:58 PM
4-traders.com logoMovado : Launches Smartwatches Across Its Brand Portfolio At Baselworld 2016 (NYSE:MOV)
www.4-traders.com - March 15 at 1:14 PM
finance.yahoo.com logoMovado Group Launches Smartwatches Across Its Brand Portfolio At Baselworld 2016 (NYSE:MOV)
finance.yahoo.com - March 15 at 10:00 AM
investornewswire.com logoCan Movado Group Inc. (NYSE:MOV) Surge To $29? - Investor Newswire (NYSE:MOV)
www.investornewswire.com - March 14 at 10:28 AM
finance.yahoo.com logoMovado Celebrates Baselworld 2016 With Acclaimed Actress And Social Activist Kerry Washington And Internationally Renowned Industrial Designer Yves Béhar (NYSE:MOV)
finance.yahoo.com - March 9 at 10:00 AM

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Movado Group (NYSE:MOV) Chart for Friday, September, 30, 2016


Last Updated on 9/30/2016 by MarketBeat.com Staff