QQQ   354.49 (-1.87%)
AAPL   171.85 (-1.09%)
MSFT   312.59 (-2.86%)
META   300.03 (-2.21%)
GOOGL   132.48 (-1.26%)
AMZN   124.70 (-3.68%)
TSLA   247.72 (-1.54%)
NVDA   435.88 (-2.67%)
NIO   8.66 (-1.48%)
BABA   84.41 (-2.45%)
AMD   99.93 (-3.23%)
T   14.71 (+0.27%)
F   12.05 (-2.11%)
MU   67.99 (+0.04%)
CGC   0.69 (-5.93%)
GE   107.66 (-1.04%)
DIS   79.57 (-2.57%)
AMC   8.06 (-1.10%)
PFE   33.90 (-0.12%)
PYPL   57.59 (-1.66%)
NFLX   374.46 (-1.54%)
QQQ   354.49 (-1.87%)
AAPL   171.85 (-1.09%)
MSFT   312.59 (-2.86%)
META   300.03 (-2.21%)
GOOGL   132.48 (-1.26%)
AMZN   124.70 (-3.68%)
TSLA   247.72 (-1.54%)
NVDA   435.88 (-2.67%)
NIO   8.66 (-1.48%)
BABA   84.41 (-2.45%)
AMD   99.93 (-3.23%)
T   14.71 (+0.27%)
F   12.05 (-2.11%)
MU   67.99 (+0.04%)
CGC   0.69 (-5.93%)
GE   107.66 (-1.04%)
DIS   79.57 (-2.57%)
AMC   8.06 (-1.10%)
PFE   33.90 (-0.12%)
PYPL   57.59 (-1.66%)
NFLX   374.46 (-1.54%)
QQQ   354.49 (-1.87%)
AAPL   171.85 (-1.09%)
MSFT   312.59 (-2.86%)
META   300.03 (-2.21%)
GOOGL   132.48 (-1.26%)
AMZN   124.70 (-3.68%)
TSLA   247.72 (-1.54%)
NVDA   435.88 (-2.67%)
NIO   8.66 (-1.48%)
BABA   84.41 (-2.45%)
AMD   99.93 (-3.23%)
T   14.71 (+0.27%)
F   12.05 (-2.11%)
MU   67.99 (+0.04%)
CGC   0.69 (-5.93%)
GE   107.66 (-1.04%)
DIS   79.57 (-2.57%)
AMC   8.06 (-1.10%)
PFE   33.90 (-0.12%)
PYPL   57.59 (-1.66%)
NFLX   374.46 (-1.54%)
QQQ   354.49 (-1.87%)
AAPL   171.85 (-1.09%)
MSFT   312.59 (-2.86%)
META   300.03 (-2.21%)
GOOGL   132.48 (-1.26%)
AMZN   124.70 (-3.68%)
TSLA   247.72 (-1.54%)
NVDA   435.88 (-2.67%)
NIO   8.66 (-1.48%)
BABA   84.41 (-2.45%)
AMD   99.93 (-3.23%)
T   14.71 (+0.27%)
F   12.05 (-2.11%)
MU   67.99 (+0.04%)
CGC   0.69 (-5.93%)
GE   107.66 (-1.04%)
DIS   79.57 (-2.57%)
AMC   8.06 (-1.10%)
PFE   33.90 (-0.12%)
PYPL   57.59 (-1.66%)
NFLX   374.46 (-1.54%)
NYSE:MOV

Movado Group (MOV) Stock Forecast, Price & News

$27.55
-0.51 (-1.82%)
(As of 02:01 PM ET)
Compare
Today's Range
$27.43
$28.08
50-Day Range
$25.32
$28.70
52-Week Range
$23.94
$37.28
Volume
51,450 shs
Average Volume
150,509 shs
Market Capitalization
$610.23 million
P/E Ratio
9.06
Dividend Yield
5.08%
Price Target
$36.50

Movado Group MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
31.7% Upside
$36.50 Price Target
Short Interest
Healthy
3.04% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-1.28
Upright™ Environmental Score
News Sentiment
0.65mentions of Movado Group in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.78 out of 5 stars

Retail/Wholesale Sector

40th out of 214 stocks

Watches, Clocks, Watchcases, & Parts Industry

1st out of 2 stocks


MOV stock logo

About Movado Group (NYSE:MOV) Stock

Movado Group, Inc. designs, sources, markets, and distributes watches worldwide. The company operates in two segments, Watch and Accessory Brands, and Company Stores. It offers its watches under the Movado, Concord, Ebel, Olivia Burton, and MVMT brands, as well as licensed brands, such as Coach, Tommy Hilfiger, HUGO BOSS, Lacoste, and Calvin Klein. The company also provides after-sales and shipping services. Its customers include jewelry store chains, department stores, independent regional jewelers, network of independent distributors, online marketplaces, licensors' retail stores, and third-party e-commerce retailers. The company also sells directly to consumers through its e-commerce platforms. Movado Group, Inc. was formerly known as North American Watch Corporation and changed its name to Movado Group, Inc. in 1996. The company was founded in 1961 and is based in Paramus, New Jersey.

MOV Price History

MOV Stock News Headlines

Movado Group (NYSE:MOV) Coverage Initiated at Benchmark
Movado Group (NYSE:MOV) Shares Gap Up to $25.97
Elon Did It Again: This Could be Bigger than Tesla
Love him or hate him, it’s hard to deny Elon Musk is a genius. After revolutionizing online payment processing (PayPal), space exploration (SpaceX), and the auto industry (Tesla)... He’s getting ready to do it again with his new AI venture.
Movado Launches New Global Campaign "Connecting the Dots"
Q2 2024 Movado Group Inc Earnings Call
Elon Did It Again: This Could be Bigger than Tesla
Love him or hate him, it’s hard to deny Elon Musk is a genius. After revolutionizing online payment processing (PayPal), space exploration (SpaceX), and the auto industry (Tesla)... He’s getting ready to do it again with his new AI venture.
Movado Group Q2 Net Profit Declines; Trims FY23 Net Sales Outlook
Movado Shares Drop 12% Amid Sluggish Watch Sales
3 Hot Fashion Stock Picks to Buy Today
MOV Movado Group, Inc.
See More Headlines
Receive MOV Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Movado Group and its competitors with MarketBeat's FREE daily newsletter.

MOV Company Calendar

Last Earnings
8/24/2023
Ex-Dividend for 9/21 Dividend
9/06/2023
Dividend Payable
9/21/2023
Today
10/03/2023
Next Earnings (Estimated)
11/28/2023
Fiscal Year End
1/31/2024

Industry, Sector and Symbol

Industry
Watches, clocks, watchcases, & parts
Sub-Industry
Apparel Accessories & Luxury Goods
CUSIP
62458010
Employees
1,457
Year Founded
1881

Price Target and Rating

Average Stock Price Forecast
$36.50
High Stock Price Forecast
$41.00
Low Stock Price Forecast
$32.00
Forecasted Upside/Downside
+30.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$94.53 million
Pretax Margin
12.49%

Debt

Sales & Book Value

Annual Sales
$751.90 million
Cash Flow
$3.12 per share
Book Value
$14.45 per share

Miscellaneous

Free Float
15,748,000
Market Cap
$621.53 million
Optionable
Optionable
Beta
1.20

Social Links

Beginners Guide To Retirement Stocks Cover

Click the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.

Get This Free Report

Key Executives

  • Mr. Efraim GrinbergMr. Efraim Grinberg (Age 65)
    Chairman & CEO
    Comp: $3.19M
  • Ms. Sallie A. DeMarsilisMs. Sallie A. DeMarsilis (Age 58)
    Exec. VP, COO & CFO
    Comp: $1.16M
  • Mr. Behzad SoltaniMr. Behzad Soltani (Age 51)
    Exec. VP, Commercial Pres & Chief Technology Officer
    Comp: $1.03M
  • Mr. Mitchell C. Sussis (Age 58)
    Sr. VP, Gen. Counsel & Sec.
    Comp: $598.18k
  • Linda Feeney
    Sr. VP & Principal Accounting Officer
  • Mr. Stephane Gerschel
    Chief Marketing Officer
  • Ms. Michelle Kennedy
    Sr. VP of HR
  • Mr. Alexander Grinberg (Age 60)
    Sr. VP of Customer Experience & Director
  • Ms. Margot Grinberg
    Pres of the Movado Brand & Sr. VP of E-Commerce
  • Mr. Francis Anthony Morelli (Age 72)
    Sr. VP of Global Information Technology & Operations













MOV Stock - Frequently Asked Questions

Should I buy or sell Movado Group stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Movado Group in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" MOV shares.
View MOV analyst ratings
or view top-rated stocks.

What is Movado Group's stock price forecast for 2023?

2 brokerages have issued 12-month target prices for Movado Group's stock. Their MOV share price forecasts range from $32.00 to $41.00. On average, they predict the company's share price to reach $36.50 in the next year. This suggests a possible upside of 30.1% from the stock's current price.
View analysts price targets for MOV
or view top-rated stocks among Wall Street analysts.

How have MOV shares performed in 2023?

Movado Group's stock was trading at $32.25 on January 1st, 2023. Since then, MOV shares have decreased by 13.0% and is now trading at $28.06.
View the best growth stocks for 2023 here
.

When is Movado Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 28th 2023.
View our MOV earnings forecast
.

How were Movado Group's earnings last quarter?

Movado Group, Inc. (NYSE:MOV) posted its quarterly earnings data on Thursday, August, 24th. The company reported $0.38 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.34 by $0.04. The firm earned $160.39 million during the quarter. Movado Group had a net margin of 9.73% and a trailing twelve-month return on equity of 14.33%. During the same period in the previous year, the company posted $1.07 EPS.

How often does Movado Group pay dividends? What is the dividend yield for Movado Group?

Movado Group announced a quarterly dividend on Thursday, August 24th. Investors of record on Thursday, September 7th will be paid a dividend of $0.35 per share on Thursday, September 21st. This represents a $1.40 annualized dividend and a yield of 4.99%. The ex-dividend date of this dividend is Wednesday, September 6th.
Read our dividend analysis for MOV
.

What ETFs hold Movado Group's stock?

ETFs with the largest weight of Movado Group (NYSE:MOV) stock in their portfolio include First Trust SMID Cap Rising Dividend Archievers ETF (SDVY).Hartford Multifactor Small Cap ETF (ROSC).

Is Movado Group a good dividend stock?

Movado Group (NYSE:MOV) pays an annual dividend of $1.40 per share and currently has a dividend yield of 5.12%. MOV has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 46.05%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for MOV.

What guidance has Movado Group issued on next quarter's earnings?

Movado Group updated its FY 2024 earnings guidance on Thursday, August, 24th. The company provided earnings per share guidance of $2.15-$2.25 for the period, compared to the consensus earnings per share estimate of $2.80. The company issued revenue guidance of $690.00 million-$700.00 million, compared to the consensus revenue estimate of $737.90 million.

What is Efraim Grinberg's approval rating as Movado Group's CEO?

60 employees have rated Movado Group Chief Executive Officer Efraim Grinberg on Glassdoor.com. Efraim Grinberg has an approval rating of 97% among the company's employees. This puts Efraim Grinberg in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Movado Group own?

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), Hello Group (MOMO), NVIDIA (NVDA), Cisco Systems (CSCO) and Micron Technology (MU).

What is Movado Group's stock symbol?

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

How do I buy shares of Movado Group?

Shares of MOV stock 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.
Compare Top Brokerages Here.

What is Movado Group's stock price today?

One share of MOV stock can currently be purchased for approximately $28.06.

How much money does Movado Group make?

Movado Group (NYSE:MOV) has a market capitalization of $621.53 million and generates $751.90 million in revenue each year. The company earns $94.53 million in net income (profit) each year or $3.04 on an earnings per share basis.

How many employees does Movado Group have?

The company employs 1,457 workers across the globe.

How can I contact Movado Group?

Movado Group's mailing address is 650 FROM ROAD SUITE 375, PARAMUS NJ, 07652. The official website for the company is www.movadogroup.com. The company can be reached via phone at (201) 267-8000, via email at sdemarsilis@movadogroup.com, or via fax at 201-267-8230.

This page (NYSE:MOV) was last updated on 10/3/2023 by MarketBeat.com Staff

My Account -