Movado Group, Inc designs, develops, sources, markets, and distributes fine watches in the United States and internationally. The company operates in two segments, Wholesale and Retail. The company offers its watches under the Coach, Concord, Ebel, Olivia Burton, Rebecca Minkoff and Uri Minkoff, Scuderia Ferrari, HUGO BOSS, Juicy Couture, Lacoste, Movado, and Tommy Hilfiger brand names.
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Industry, Sector and Symbol
Industry Watches, clocks, watchcases, & parts
Sub-IndustryApparel Accessories & Luxury Goods
SectorRetail/Wholesale
Phone201-267-8000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$679.57 million
Profitability
Miscellaneous
Employees1,140
Next Earnings Date3/26/2020 (Estimated)
OptionableOptionable
Movado Group (NYSE:MOV) Frequently Asked Questions
What is Movado Group's stock symbol?
Movado Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "MOV."
How often does Movado Group pay dividends? What is the dividend yield for Movado Group?
Movado Group declared a quarterly dividend on Tuesday, November 26th. Shareholders of record on Friday, December 6th will be paid a dividend of $0.20 per share on Friday, December 20th. This represents a $0.80 annualized dividend and a yield of 4.15%. The ex-dividend date is Thursday, December 5th. View Movado Group's Dividend History.
How were Movado Group's earnings last quarter?
Movado Group, Inc (NYSE:MOV) posted its quarterly earnings results on Tuesday, November, 26th. The company reported $0.82 EPS for the quarter, missing analysts' consensus estimates of $1.03 by $0.21. The business earned $205.62 million during the quarter, compared to analyst estimates of $220 million. Movado Group had a net margin of 7.99% and a return on equity of 9.73%. The firm's quarterly revenue was down 1.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.18 EPS. View Movado Group's Earnings History.
When is Movado Group's next earnings date?
What guidance has Movado Group issued on next quarter's earnings?
Movado Group issued an update on its FY20 earnings guidance on Tuesday, November, 26th. The company provided earnings per share guidance of $1.55-1.70 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.27. The company issued revenue guidance of $690-700 million, compared to the consensus revenue estimate of $729.00 million.
What price target have analysts set for MOV?
1 Wall Street analysts have issued 1 year price objectives for Movado Group's stock. Their forecasts range from $22.00 to $22.00. On average, they anticipate Movado Group's share price to reach $22.00 in the next year. This suggests a possible upside of 14.2% from the stock's current price. View Analyst Price Targets for Movado Group.
What is the consensus analysts' recommendation for Movado Group?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Movado Group in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Movado Group.
Has Movado Group been receiving favorable news coverage?
Media coverage about MOV stock has been trending somewhat negative on Friday, InfoTrie Sentiment reports. The research firm identifies positive and negative news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Movado Group earned a news sentiment score of -1.0 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the near term. View News Stories for Movado Group.
Who are some of Movado Group's key competitors?
Some companies that are related to Movado Group include VF (VFC), Ralph Lauren (RL), Tapestry (TPR), PVH (PVH), Columbia Sportswear (COLM), Michael Kors (KORS), Hanesbrands (HBI), Carter's (CRI), G-III Apparel Group (GIII), Oxford Industries (OXM), Fossil Group (FOSL), Vera Bradley (VRA), Delta Apparel (DLA), Iconix Brand Group (ICON) and Quiksilver (ZQKSQ).
What other stocks do shareholders of Movado Group own?
Who are Movado Group's key executives?
Movado Group's management team includes the folowing people:
- Mr. Efraim Grinberg, Chairman & CEO (Age 61)
- Ms. Sallie A. DeMarsilis, CFO & Principal Accounting Officer (Age 54)
- Mr. Francis Anthony Morelli, Sr. VP of Global Information Technology & Operations (Age 68)
- Mr. Mitchell C. Sussis, Sr. VP, Gen. Counsel & Sec. (Age 54)
- Vivian D'Elia, Sr. VP of HR (Age 67)
Who are Movado Group's major shareholders?
Movado Group's stock is owned by many different of institutional and retail investors. Top institutional investors include Tributary Capital Management LLC (2.13%) and First National Bank of Omaha (0.13%). Company insiders that own Movado Group stock include Alan H Howard, Alexander Grinberg, Efraim Grinberg, Francis Anthony Morelli, Maurice S Reznik, Richard Cote, Richard D Isserman and Stephen I Sadove. View Institutional Ownership Trends for Movado Group.
Which major investors are selling Movado Group stock?
Which major investors are buying Movado Group stock?
MOV stock was acquired by a variety of institutional investors in the last quarter, including First National Bank of Omaha. Company insiders that have bought Movado Group stock in the last two years include Maurice S Reznik and Stephen I Sadove. View Insider Buying and Selling for Movado Group.
How do I buy shares of Movado Group?
Shares of MOV can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is Movado Group's stock price today?
One share of MOV stock can currently be purchased for approximately $19.27.
How big of a company is Movado Group?
Movado Group has a market capitalization of $443.60 million and generates $679.57 million in revenue each year. The company earns $61.62 million in net income (profit) each year or $2.67 on an earnings per share basis. Movado Group employs 1,140 workers across the globe.View Additional Information About Movado Group.
What is Movado Group's official website?
How can I contact Movado Group?
Movado Group's mailing address is 650 FROM ROAD SUITE 375, PARAMUS NJ, 07652. The company can be reached via phone at 201-267-8000 or via email at [email protected]
MarketBeat Community Rating for Movado Group (NYSE MOV)
MarketBeat's community ratings are surveys of what our community members think about Movado Group and other stocks. Vote "Outperform" if you believe MOV will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MOV will underperform the S&P 500 over the long term. You may vote once every thirty days.
