S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
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Shift in war's front seen as ships cleared to leave Ukraine
What's in Democrats' big bill? Climate, health care, savings
Demand for grocery delivery cools as food costs rise
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What to Expect from the Markets in a Recession
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
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S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
pixel
Shift in war's front seen as ships cleared to leave Ukraine
What's in Democrats' big bill? Climate, health care, savings
Demand for grocery delivery cools as food costs rise
pixel
What to Expect from the Markets in a Recession
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
pixel
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
pixel
Shift in war's front seen as ships cleared to leave Ukraine
What's in Democrats' big bill? Climate, health care, savings
Demand for grocery delivery cools as food costs rise
pixel
What to Expect from the Markets in a Recession
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
pixel
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
pixel
Shift in war's front seen as ships cleared to leave Ukraine
What's in Democrats' big bill? Climate, health care, savings
Demand for grocery delivery cools as food costs rise
pixel
What to Expect from the Markets in a Recession
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
pixel
NYSE:MOV

Movado Group - MOV Stock Forecast, Price & News

$35.92
-0.22 (-0.61%)
(As of 08/5/2022 08:49 PM ET)
Add
Compare
Today's Range
$35.45
$36.19
50-Day Range
$30.48
$36.50
52-Week Range
$29.79
$48.66
Volume
92,800 shs
Average Volume
167,294 shs
Market Capitalization
$810.25 million
P/E Ratio
8.41
Dividend Yield
3.90%
Price Target
N/A

Movado Group MarketRank™ Forecast

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Bearish
7.28% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-1.28
Upright™ Environmental Score
News Sentiment
N/A
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.

1.71 out of 5 stars

Retail/Wholesale Sector

197th out of 262 stocks

Watches, Clocks, Watchcases, & Parts Industry

2nd 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, Calvin Klein, and Scuderia Ferrari. 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. As of January 31, 2022, it operated 51 retail outlet locations. The company was formerly known as North American Watch Corporation and changed its name to Movado Group, Inc. in 1996. Movado Group, Inc. was founded in 1961 and is based in Paramus, New Jersey.

Movado Group Stock Performance

Shares of Movado Group stock traded down $0.22 on Friday, reaching $35.92. 92,885 shares of the stock were exchanged, compared to its average volume of 103,185. The firm's 50 day moving average is $33.20 and its 200-day moving average is $35.64. Movado Group has a one year low of $29.79 and a one year high of $48.66. The firm has a market cap of $810.36 million, a PE ratio of 8.41 and a beta of 1.15.

Movado Group (NYSE:MOV - Get Rating) last issued its quarterly earnings results on Thursday, May 26th. The company reported $0.82 earnings per share for the quarter, topping analysts' consensus estimates of $0.46 by $0.36. Movado Group had a net margin of 13.23% and a return on equity of 22.38%. The company had revenue of $163.42 million during the quarter. During the same period last year, the company posted $0.43 EPS. On average, equities research analysts expect that Movado Group will post 4.08 EPS for the current fiscal year.

Movado Group Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 22nd. Stockholders of record on Wednesday, June 8th were issued a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 3.90%. The ex-dividend date of this dividend was Tuesday, June 7th. Movado Group's dividend payout ratio (DPR) is presently 32.79%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised shares of Movado Group from a "buy" rating to a "strong-buy" rating in a report on Thursday, July 21st.

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MOV Stock News Headlines

Movado Group: Now Might Be The Time To Buy
Movado Group Tops Q1 EPS by 36c
Movado Stock Jumps 15% After 1Q Profit Doubles
Movado Group Q1 Profit Surges On Higher Sales
Earnings Preview For Movado Group
Here's what Wall Street expects from Movado Group's earnings
Movado's Time Is at Hand
Movado' Q4 Earnings Smashes Estimates, Hikes Dividend
Why Movado Stock Jumped 7% Today
Here's what to expect from Movado Group's earnings
Movado Group Appoints Eran Cohen as CEO of MVMT
What Stocks Would Ben Graham Buy in 2022?
See More Headlines
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MOV Company Calendar

Last Earnings
5/26/2022
Ex-Dividend for 6/22 Dividend
6/07/2022
Dividend Payable
6/22/2022
Today
8/08/2022
Next Earnings (Estimated)
8/25/2022
Fiscal Year End
1/31/2023

Industry, Sector and Symbol

Industry
Watches, clocks, watchcases, & parts
Sub-Industry
Apparel Accessories & Luxury Goods
CUSIP
62458010
Employees
940
Year Founded
1881

Profitability

Net Income
$91.60 million
Pretax Margin
17.02%

Debt

Sales & Book Value

Annual Sales
$732.39 million
Cash Flow
$3.01 per share
Book Value
$13.50 per share

Miscellaneous

Free Float
16,295,000
Market Cap
$810.25 million
Optionable
Optionable
Beta
1.15

Social Links















MOV Stock - Frequently Asked Questions

How has Movado Group's stock performed in 2022?

Movado Group's stock was trading at $41.83 on January 1st, 2022. Since then, MOV shares have decreased by 14.1% and is now trading at $35.92.
View the best growth stocks for 2022 here
.

When is Movado Group's next earnings date?

Movado Group is scheduled to release its next quarterly earnings announcement on Thursday, August 25th 2022.
View our earnings forecast for Movado Group
.

How were Movado Group's earnings last quarter?

Movado Group, Inc. (NYSE:MOV) issued its quarterly earnings data on Thursday, May, 26th. The company reported $0.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.46 by $0.36. The business earned $163.42 million during the quarter. Movado Group had a trailing twelve-month return on equity of 22.38% and a net margin of 13.23%. During the same quarter last year, the business posted $0.43 EPS.

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

Movado Group declared a quarterly dividend on Thursday, May 26th. Investors of record on Wednesday, June 8th will be paid a dividend of $0.35 per share on Wednesday, June 22nd. This represents a $1.40 annualized dividend and a dividend yield of 3.90%. The ex-dividend date of this dividend is Tuesday, June 7th.
View Movado Group's dividend history
.

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 3.90%. Movado Group does not yet have a strong track record of dividend growth. The dividend payout ratio of Movado Group is 32.79%. This payout ratio is at a healthy, sustainable level, below 75%.
View Movado Group's dividend history.

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

Movado Group updated its FY 2023 earnings guidance on Thursday, June, 23rd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $780.00 million-$800.00 million, compared to the consensus revenue estimate of $774.00 million.

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

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.

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."

Who are Movado Group's major shareholders?

Movado Group's stock is owned by a number of retail and institutional investors. Top institutional investors include Royce & Associates LP (5.02%), Victory Capital Management Inc. (2.67%), Tributary Capital Management LLC (2.06%), Confluence Investment Management LLC (0.79%), Euclidean Technologies Management LLC (0.23%) and Assenagon Asset Management S.A. (0.22%). Company insiders that own Movado Group stock include Alan H Howard, Alexander Grinberg, Ann Kirschner, Behzad Soltani, Efraim Grinberg, Maurice S Reznik, Mitchell Cole Sussis, Richard D Isserman, Sallie A Demarsilis, Stephen I Sadove and Vivian Delia.
View institutional ownership trends for Movado Group
.

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 $35.92.

How much money does Movado Group make?

Movado Group (NYSE:MOV) has a market capitalization of $810.25 million and generates $732.39 million in revenue each year. The company earns $91.60 million in net income (profit) each year or $4.27 on an earnings per share basis.

How many employees does Movado Group have?

Movado Group employs 940 workers across the globe.

When was Movado Group founded?

Movado Group was founded in 1881.

How can I contact Movado Group?

Movado Group's mailing address is 650 FROM ROAD SUITE 375, PARAMUS NJ, 07652. The official website for Movado Group 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 8/8/2022 by MarketBeat.com Staff

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