S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Sports analytics may be outnumbered when it comes to artificial intelligence
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Norway's hospitalized king gets a pacemaker in Malaysia after falling ill during vacation
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
Critical asset just had biggest fall on record (Ad)
South Korean doctors hold massive anti-government rally over medical school recruitment plan
What to watch for as China's major political meeting of the year gets underway
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Sports analytics may be outnumbered when it comes to artificial intelligence
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Norway's hospitalized king gets a pacemaker in Malaysia after falling ill during vacation
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
Critical asset just had biggest fall on record (Ad)
South Korean doctors hold massive anti-government rally over medical school recruitment plan
What to watch for as China's major political meeting of the year gets underway
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Sports analytics may be outnumbered when it comes to artificial intelligence
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Norway's hospitalized king gets a pacemaker in Malaysia after falling ill during vacation
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
Critical asset just had biggest fall on record (Ad)
South Korean doctors hold massive anti-government rally over medical school recruitment plan
What to watch for as China's major political meeting of the year gets underway
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Sports analytics may be outnumbered when it comes to artificial intelligence
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Norway's hospitalized king gets a pacemaker in Malaysia after falling ill during vacation
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
Critical asset just had biggest fall on record (Ad)
South Korean doctors hold massive anti-government rally over medical school recruitment plan
What to watch for as China's major political meeting of the year gets underway
NYSE:MOV

Movado Group (MOV) Stock Price, News & Analysis

$28.81
+0.10 (+0.35%)
(As of 03/1/2024 ET)
Today's Range
$28.30
$28.81
50-Day Range
$26.96
$30.88
52-Week Range
$23.94
$35.60
Volume
127,670 shs
Average Volume
97,390 shs
Market Capitalization
$636.12 million
P/E Ratio
11.39
Dividend Yield
4.86%
Price Target
$36.50

Movado Group MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
26.7% Upside
$36.50 Price Target
Short Interest
Bearish
6.71% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-1.28
Upright™ Environmental Score
News Sentiment
0.92mentions of Movado Group in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$968,511 Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.45 out of 5 stars

Retail/Wholesale Sector

27th out of 205 stocks

Watches, Clocks, Watchcases, & Parts Industry

1st out of 2 stocks


MOV stock logo

About Movado Group Stock (NYSE:MOV)

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 Stock Price History

MOV Stock News Headlines

Movado Group Inc.
Is Movado Group, Inc. (NYSE:MOV) Potentially Undervalued?
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
Movado: Watch For This Cash-Rich Dividend Payer
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
Movado Group goes ex-dividend tomorrow
Q3 2024 Movado Group Inc Earnings Call
Movado lowers 4Q guidance as watch sales fall
Movado Group Inc MOV
Movado Launches New Global Campaign "Connecting the Dots"
Q2 2024 Movado Group Inc Earnings Call
See More Headlines
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Company Calendar

Last Earnings
11/30/2023
Ex-Dividend for 12/26 Dividend
12/11/2023
Dividend Payable
12/26/2023
Today
3/02/2024
Next Earnings (Estimated)
3/28/2024
Fiscal Year End
1/31/2025

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 Target
$36.50
High Stock Price Target
$41.00
Low Stock Price Target
$32.00
Potential Upside/Downside
+26.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$94.53 million
Pretax Margin
10.54%

Debt

Sales & Book Value

Annual Sales
$751.90 million
Cash Flow
$3.06 per share
Book Value
$14.45 per share

Miscellaneous

Free Float
15,701,000
Market Cap
$636.12 million
Optionable
Optionable
Beta
1.13

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MOV Stock Analysis - Frequently Asked Questions

Should I buy or sell Movado Group stock right now?

2 Wall Street 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 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 target for 2024?

2 brokerages have issued 12 month price objectives for Movado Group's stock. Their MOV share price targets 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 26.7% 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 2024?

Movado Group's stock was trading at $30.15 at the beginning of the year. Since then, MOV shares have decreased by 4.4% and is now trading at $28.81.
View the best growth stocks for 2024 here
.

Are investors shorting Movado Group?

Movado Group saw a increase in short interest during the month of January. As of January 31st, there was short interest totaling 953,300 shares, an increase of 13.0% from the January 15th total of 843,400 shares. Based on an average daily volume of 153,800 shares, the short-interest ratio is currently 6.2 days. Approximately 6.3% of the company's stock are sold short.
View Movado Group's Short Interest
.

When is Movado Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, March 28th 2024.
View our MOV earnings forecast
.

How were Movado Group's earnings last quarter?

Movado Group, Inc. (NYSE:MOV) announced its earnings results on Thursday, November, 30th. The company reported $0.78 earnings per share for the quarter, missing the consensus estimate of $0.80 by $0.02. The company had revenue of $187.69 million for the quarter. Movado Group had a trailing twelve-month return on equity of 11.76% and a net margin of 8.34%. During the same period last year, the company earned $1.31 earnings per share.

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

Movado Group announced a quarterly dividend on Wednesday, November 29th. Stockholders of record on Tuesday, December 12th will be given a dividend of $0.35 per share on Tuesday, December 26th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 4.86%. The ex-dividend date is Monday, December 11th.
Read our dividend analysis for MOV
.

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 4.88%. MOV has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 55.34%. This payout ratio is at a healthy, sustainable level, below 75%.
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).

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

Movado Group updated its FY 2024 earnings guidance on Monday, December, 11th. The company provided EPS guidance of 1.850-2.000 for the period, compared to the consensus EPS estimate of 2.150. The company issued revenue guidance of $665.0 million-$675.0 million, compared to the consensus revenue estimate of $690.1 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).

Who are Movado Group's major shareholders?

Movado Group's stock is owned by many different retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (5.62%), Vanguard Group Inc. (5.16%), First Trust Advisors LP (3.59%), Pacer Advisors Inc. (2.77%), Northern Trust Corp (1.25%) and Charles Schwab Investment Management Inc. (1.08%). Insiders that own company stock include Alan H Howard, Alexander Grinberg, Ann Kirschner, Behzad Soltani, Efraim Grinberg, Mitchell Cole Sussis, Richard D Isserman, Sallie A Demarsilis, Stephen I Sadove and Vivian Delia.
View institutional ownership trends
.

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:MOV) was last updated on 3/3/2024 by MarketBeat.com Staff