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: $25.75
  • 50 Day Moving Average: $26.69
  • 200 Day Moving Average: $24.93
  • 52-Week Range: $19.14 - $31.95
  • Trailing P/E Ratio: 15.84
  • Foreward P/E Ratio: 14.80
  • P/E Growth: 1.06
  • Market Cap: $590.50M
  • Outstanding Shares: 22,932,000
  • Beta: 0.47
Profitability:
  • Net Margins: 6.67%
  • Return on Equity: 8.97%
  • Return on Assets: 6.84%
Debt:
  • Debt-to-Equity Ratio: 0.07%
  • Current Ratio: 6.28%
  • Quick Ratio: 4.26%
Additional Links:
Companies Related to Movado Group:

Analyst Ratings

Consensus Ratings for Movado Group (NYSE:MOV) (?)
Ratings Breakdown: 2 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.33)
Consensus Price Target: $29.00 (12.62% upside)

Analysts' Ratings History for Movado Group (NYSE:MOV)
Show:
DateFirmActionRatingPrice TargetDetails
1/30/2017SidotiUpgradeNeutral -> Buy$34.00View Rating Details
9/12/2016Cowen and CompanyReiterated RatingMarket Perform$24.00View Rating Details
4/19/2016Pacific CrestReiterated RatingEqual WeightView Rating Details
11/26/2015Barrington ResearchReiterated RatingHoldView Rating Details
(Data available from 2/21/2015 forward)

Earnings

Earnings History for Movado Group (NYSE:MOV)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
3/29/2017        
11/22/2016Q317$0.72$0.91$174.32 million$179.80 millionViewListenView Earnings Details
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: $1.60 EPS
Next Year EPS Consensus Estimate: $1.74 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$0.18$0.28$0.23
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$0.22$0.22$0.22
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Movado Group (NYSE:MOV)
Annual Dividend:$0.52
Dividend Yield:2.02%
Dividend Growth:26.00% (3 Year Average)
Payout Ratio:32.10% (Based on Trailing 12 Months of Earnings)
32.50% (Based on Current Year Consensus EPS Estimate)
29.89% (Based on Next Year Consensus EPS Estimate)
Track Record:5 Years of Consecutive Dividend Growth

Dividend History for Movado Group (NYSE:MOV)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
11/22/2016quarterly$0.131.83%11/30/201612/2/201612/16/2016
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: 63.35%
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
thestreet.com logoBe Frightened by This Luxury Retailer Trading Below a 'Death Cross' (NYSE:MOV)
www.thestreet.com - February 1 at 7:42 PM
us.rd.yahoo.com logoMovado Group upgraded by Sidoti (NYSE:MOV)
us.rd.yahoo.com - January 31 at 3:19 AM
capitalcube.com logoMovado Group, Inc. : MOV-US: Dividend Analysis : December 02nd, 2016 (record date) : By the numbers : January 27, 2017 (NYSE:MOV)
www.capitalcube.com - January 28 at 1:47 AM
benzinga.com logoInside The Hidden Economy Of Pawn Shops (NYSE:MOV)
www.benzinga.com - January 20 at 7:25 PM
finance.yahoo.com logoTop Ranked Momentum Stocks to Buy for January 20th (NYSE:MOV)
finance.yahoo.com - January 20 at 7:25 PM
us.rd.yahoo.com logoBull of the Day: Movado (MOV) (NYSE:MOV)
us.rd.yahoo.com - January 19 at 9:54 PM
prnewswire.com logoJewelers of America Announces 2017 GEM Awards Winners (NYSE:MOV)
www.prnewswire.com - January 18 at 7:11 PM
capitalcube.com logoMovado Group, Inc. – Value Analysis (NYSE:MOV) : January 11, 2017 (NYSE:MOV)
www.capitalcube.com - January 11 at 7:13 PM
finance.yahoo.com logoKen Fisher Sells Out of Movado Group (NYSE:MOV)
finance.yahoo.com - January 11 at 7:13 PM
capitalcube.com logoMovado Group, Inc. breached its 50 day moving average in a Bearish Manner : MOV-US : January 10, 2017 (NYSE:MOV)
www.capitalcube.com - January 10 at 8:06 AM
News IconNational Organization of Italian American Women Will Honor Dr. Pat LoRusso (NYSE:MOV)
www.newswise.com - January 6 at 7:20 PM
finance.yahoo.com logoBuy These 5 Low-Beta Stocks to Fight Market Volatility (NYSE:MOV)
finance.yahoo.com - December 29 at 9:44 AM
seekingalpha.com logoMovado Group: Sidewinding Price Because Of Pitiful Sales Growth (NYSE:MOV)
seekingalpha.com - December 22 at 12:29 AM
insidermonkey.com logoIs NN, Inc. (NNBR) A Good Stock To Buy? (NYSE:MOV)
www.insidermonkey.com - December 17 at 7:00 PM
finance.yahoo.com logoMovado Group downgraded by Sidoti (NYSE:MOV)
finance.yahoo.com - December 15 at 7:19 PM
finance.yahoo.com logoMovado Group (MOV): Moving Average Crossover Alert (NYSE:MOV)
finance.yahoo.com - December 13 at 7:02 PM
finance.yahoo.com logoMovado Hosts A Special Night On Broadway With Derek Jeter's Turn 2 Foundation (NYSE:MOV)
finance.yahoo.com - December 12 at 6:45 PM
finance.yahoo.com logoMovado Launches the Special Edition Edge Collection Designed in Collaboration with Industrial Designer Yves Béhar (NYSE:MOV)
finance.yahoo.com - December 8 at 4:39 PM
capitalcube.com logoETFs with exposure to Movado Group, Inc. : December 8, 2016 (NYSE:MOV)
www.capitalcube.com - December 8 at 4:39 PM
insidermonkey.com logoIs Movado Group, Inc (MOV) A Good Stock To Buy? (NYSE:MOV)
www.insidermonkey.com - December 8 at 9:55 AM
capitalcube.com logoMovado Group, Inc. :MOV-US: Earnings Analysis: Q3, 2017 By the Numbers : December 7, 2016 (NYSE:MOV)
www.capitalcube.com - December 7 at 9:49 AM
us.rd.yahoo.com logoTiffany Sees Signs Of Improving Sales Trends As Q3 Beats (NYSE:MOV)
us.rd.yahoo.com - November 30 at 6:47 PM
4-traders.com logoMovado : Declares Dividend of $0.1300. (NYSE:MOV)
www.4-traders.com - November 29 at 2:49 PM
News IconMovado Group Reports 3 Percent Decrease in Sales for Q3 (NYSE:MOV)
www.nationaljeweler.com - November 23 at 6:18 PM
News IconMovado Group Partners with Renowned Millennial Fashion Designer Rebecca Minkoff (NYSE:MOV)
ih.advfn.com - November 23 at 6:18 PM
marketwatch.com logo10-Q: MOVADO GROUP INC (NYSE:MOV)
www.marketwatch.com - November 23 at 6:18 PM
capitalcube.com logoMovado Group, Inc.: Strong price momentum but will it sustain? (NYSE:MOV)
www.capitalcube.com - November 23 at 6:18 PM
fool.com logoMovado Group, Inc. Shows Signs of Stabilization (NYSE:MOV)
www.fool.com - November 23 at 3:46 PM
fool.com logoWhy Movado Group, Chico's FAS, and Barnes & Noble Jumped Today (NYSE:MOV)
www.fool.com - November 22 at 5:42 PM
feeds.benzinga.com logoWatch Stocks In Vogue (NYSE:MOV)
feeds.benzinga.com - November 22 at 4:40 PM
News IconGlobal development community fears bad news for refugees, foreign aid, women's rights under Trump (NYSE:MOV)
www.onenewspage.com - November 22 at 10:27 AM
biz.yahoo.com logoMovado Group Inc Earnings Call (Q3 2017) (NYSE:MOV)
biz.yahoo.com - November 22 at 10:27 AM
nasdaq.com logoMovado Group Affirms FY17 Outlook; To Collaborate With Rebecca Minkoff (NYSE:MOV)
www.nasdaq.com - November 22 at 10:27 AM
reuters.com logoBRIEF-Movado Group Q3 adjusted EPS $0.91 excluding items (NYSE:MOV)
www.reuters.com - November 22 at 10:27 AM
sg.finance.yahoo.com logoMovado beats 3Q profit forecasts (NYSE:MOV)
sg.finance.yahoo.com - November 22 at 10:27 AM
publicnow.com logoMovado Group, Inc. Announces Third Quarter Results (NYSE:MOV)
www.publicnow.com - November 22 at 10:27 AM
biz.yahoo.com logoQ3 2017 Movado Group Inc Earnings Release - Before Market Open (NYSE:MOV)
biz.yahoo.com - November 22 at 10:27 AM
biz.yahoo.com logoMOVADO GROUP INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibits (NYSE:MOV)
biz.yahoo.com - November 22 at 10:27 AM
biz.yahoo.com logoMovado Group Inc Earnings Call scheduled for 9:00 am ET today (NYSE:MOV)
biz.yahoo.com - November 22 at 10:27 AM
investors.com logoSignet, Movado Shares Shine On Earnings Before The Holidays (NYSE:MOV)
www.investors.com - November 22 at 10:27 AM
finance.yahoo.com logoJewelry Stocks' Q3 Earnings Releases on Nov 22: SIG, MOV (NYSE:MOV)
finance.yahoo.com - November 21 at 11:31 AM
thestreet.com logoFitbit Stock Fairly Valued but Headwinds Remain, Pacific Crest Says (NYSE:MOV)
www.thestreet.com - November 16 at 6:34 PM
publicnow.com logoMovado Group, Inc. Announces Date of Conference Call and Webcast for Third Quarter Fiscal Year 2017 Results (NYSE:MOV)
www.publicnow.com - November 15 at 9:53 AM
marketwired.com logoJewelry Stock Trends to Watch; the Trump Factor, Online Marketing and Technology May Boost the Sector (NYSE:MOV)
www.marketwired.com - November 14 at 10:21 AM
News IconHP Collaborating with Hugo Boss, Tommy Hilfiger, and others for luxury wristwatches (NYSE:MOV)
www.notebookcheck.net - November 14 at 10:21 AM
News IconHP Launches New Hugo Boss And Ferrari Luxury Smartwatches (NYSE:MOV)
www.nextpowerup.com - November 14 at 10:21 AM
nasdaq.com logoCommit To Buy Movado Group At $20, Earn 14.9% Annualized Using Options (NYSE:MOV)
www.nasdaq.com - November 8 at 5:51 PM
thestreet.com logoHow to Trade Coach, Michael Kors, Movado, Ralph Lauren, Tiffany, Luxury Retailers (NYSE:MOV)
www.thestreet.com - November 8 at 9:25 AM
News IconWall Street Rallies on Election Hopes (NYSE:MOV)
wwd.com - November 7 at 6:49 PM
thestreet.com logo2 Undervalued Stocks That Will Bounce Back in 2017 (NYSE:MOV)
www.thestreet.com - November 3 at 6:18 PM

Social

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 announced a quarterly dividend on Tuesday, November 22nd. Shareholders of record on Friday, December 2nd will be paid a dividend of $0.13 per share on Friday, December 16th. This represents a $0.52 dividend on an annualized basis and a yield of 2.02%. The ex-dividend date of this dividend is Wednesday, November 30th.

Where is Movado Group's stock going? Where will Movado Group's stock price be in 2017?

3 brokers have issued 1-year price targets for Movado Group's shares. Their forecasts range from $24.00 to $34.00. On average, they anticipate Movado Group's share price to reach $29.00 in the next twelve months.

When will Movado Group announce their earnings?

Movado Group is scheduled to release their next quarterly earnings announcement on Wednesday, March, 29th 2017.

Who owns Movado Group stock?

Movado Group's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (6.19%), Royce & Associates LP (5.52%), State Street Corp (1.65%), FMR LLC (1.63%), AQR Capital Management LLC (1.00%) and AlphaOne Investment Services LLC (0.63%). Company insiders that own Movado Group stock include Alan H Howard, Alexander Grinberg, Efraim Grinberg, Francis Anthony Morelli, Margaret Hayes Adame, Richard D Isserman and Timothy F Michno.

Who sold Movado Group stock? Who is selling Movado Group stock?

Movado Group's stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Systematic Financial Management LP, Renaissance Technologies LLC, AQR Capital Management LLC, Dimensional Fund Advisors LP, Menta Capital LLC, Fiera Capital Corp and Tudor Investment Corp Et Al. Company insiders that have sold Movado Group stock in the last year include Alan H Howard, Alexander Grinberg and Margaret Hayes Adame.

Who bought Movado Group stock? Who is buying Movado Group stock?

Movado Group's stock was purchased by a variety of institutional investors in the last quarter, including Royce & Associates LP, Russell Investments Group Ltd., State Street Corp, Cornercap Investment Counsel Inc., AlphaOne Investment Services LLC, Guggenheim Capital LLC, Thrivent Financial for Lutherans and State Board of Administration of Florida Retirement System.

How do I buy Movado Group stock?

Shares of Movado Group can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Movado Group stock cost?

One share of Movado Group stock can currently be purchased for approximately $25.75.

Movado Group (NYSE:MOV) Chart for Tuesday, February, 21, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Movado Group (NYSE:MOV)

Earnings History Chart

Earnings by Quarter for Movado Group (NYSE:MOV)

Dividend History Chart

Dividend Payments by Quarter for Movado Group (NYSE:MOV)

Last Updated on 2/21/2017 by MarketBeat.com Staff