Movado Group Stock Forecast, Price & News

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Movado Group in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" Movado Group stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MOV, but not buy additional shares or sell existing shares.
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Wall Street analysts have given Movado Group a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Movado Group wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Movado Group is scheduled to release its next quarterly earnings announcement on Thursday, August 26th 2021.
View our earnings forecast for Movado Group.

Movado Group, Inc. (NYSE:MOV) issued its quarterly earnings data on Wednesday, May, 26th. The company reported $0.43 EPS for the quarter, topping the Zacks' consensus estimate of ($0.09) by $0.52. The business earned $134.80 million during the quarter. Movado Group had a trailing twelve-month return on equity of 10.95% and a net margin of 8.38%.
View Movado Group's earnings history.

Movado Group's stock was trading at $12.50 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, MOV stock has increased by 146.8% and is now trading at $30.85.
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Movado Group declared a quarterly dividend on Thursday, May 27th. Investors of record on Wednesday, June 9th will be paid a dividend of $0.20 per share on Wednesday, June 23rd. This represents a $0.80 annualized dividend and a yield of 2.59%. The ex-dividend date of this dividend is Tuesday, June 8th.
View Movado Group's dividend history.

Movado Group pays an annual dividend of $0.80 per share and currently has a dividend yield of 2.66%. Movado Group does not yet have a strong track record of dividend growth. The dividend payout ratio of Movado Group is 86.96%. Payout ratios above 75% are not desirable because they may not be sustainable.
View Movado Group's dividend history.

Movado Group issued an update on its FY 2022 earnings guidance on Tuesday, June, 22nd. The company provided earnings per share (EPS) guidance of $- for the period. The company issued revenue guidance of $650 million-665 million, compared to the consensus revenue estimate of $635.85 million.

1 equities research analysts have issued 1 year target prices for Movado Group's stock. Their forecasts range from $30.00 to $30.00. On average, they anticipate Movado Group's share price to reach $30.00 in the next twelve months. This suggests that the stock has a possible downside of 2.8%.
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60 employees have rated Movado Group CEO Efraim Grinberg on Glassdoor.com. Efraim Grinberg has an approval rating of 97% among Movado Group's employees. This puts Efraim Grinberg in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Movado Group include V.F. (VFC), Tapestry (TPR), Ralph Lauren (RL), PVH (PVH), Columbia Sportswear (COLM), Hanesbrands (HBI), Carter's (CRI), Oxford Industries (OXM), G-III Apparel Group (GIII), Fossil Group (FOSL), Vera Bradley (VRA), Delta Apparel (DLA), Iconix Brand Group (ICON) and (ZQKSQ) (ZQKSQ).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Movado Group investors own include Pfizer (PFE), Gilead Sciences (GILD), Intel (INTC), Fossil Group (FOSL), Alibaba Group (BABA), JD.com (JD), Momo (MOMO), NVIDIA (NVDA), Cisco Systems (CSCO) and Micron Technology (MU).

Movado Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "MOV."

Movado Group's stock is owned by a number of institutional and retail investors. Top institutional investors include Confluence Investment Management LLC (1.27%), Victory Capital Management Inc. (1.23%), Hillsdale Investment Management Inc. (0.66%), Russell Investments Group Ltd. (0.46%), Rhumbline Advisers (0.29%) and Envestnet Asset Management Inc. (0.25%). Company insiders that own Movado Group stock include Alan H Howard, Efraim Grinberg, Maurice S Reznik and Stephen I Sadove.
View institutional ownership trends for Movado Group.

MOV stock was sold by a variety of institutional investors in the last quarter, including Confluence Investment Management LLC, Cacti Asset Management LLC, GSA Capital Partners LLP, Rhumbline Advisers, and Los Angeles Capital Management LLC. Company insiders that have sold Movado Group company stock in the last year include Alan H Howard, Efraim Grinberg, and Stephen I Sadove.
View insider buying and selling activity for Movado Group or view top insider-selling stocks.

MOV stock was purchased by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Hillsdale Investment Management Inc., Russell Investments Group Ltd., American Century Companies Inc., Modera Wealth Management LLC, Exchange Traded Concepts LLC, Landscape Capital Management L.L.C., and Cornerstone Investment Partners LLC.
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Shares of MOV can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of MOV stock can currently be purchased for approximately $30.85.

Movado Group has a market capitalization of $721.27 million and generates $506.40 million in revenue each year. The company earns $-111,520,000.00 in net income (profit) each year or $0.92 on an earnings per share basis.

Movado Group employs 1,206 workers across the globe.

Movado Group was founded in 1881.

The official website for Movado Group is www.movadogroup.com.

Movado Group is headquartered at 650 FROM ROAD SUITE 375, PARAMUS NJ, 07652.

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]