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Movado Group Stock Price, Forecast & Analysis (NYSE:MOV)

$25.35
-0.70 (-2.69 %)
(As of 11/12/2019 04:26 AM ET)
Today's Range
$25.00
Now: $25.35
$25.94
50-Day Range
$23.20
MA: $25.18
$28.45
52-Week Range
$18.78
Now: $25.35
$44.39
Volume192,424 shs
Average Volume206,505 shs
Market Capitalization$583.00 million
P/E Ratio9.49
Dividend Yield3.07%
Beta0.53
Movado Group, Inc designs, develops, sources, markets, and distributes fine watches in the United States and internationally. The company operates in two segments, Wholesale and Retail. The company offers its watches under the Coach, Concord, Ebel, Olivia Burton, Rebecca Minkoff and Uri Minkoff, Scuderia Ferrari, HUGO BOSS, Juicy Couture, Lacoste, Movado, and Tommy Hilfiger brand names. Read More…

Industry, Sector and Symbol

Industry Watches, clocks, watchcases, & parts
Sub-IndustryApparel Accessories & Luxury Goods
SectorRetail/Wholesale
CUSIP62458010
Phone201-267-8000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$679.57 million
Cash Flow$2.00 per share
Book Value$14.48 per share

Profitability

Net Income$61.62 million

Miscellaneous

Employees1,140
Market Cap$583.00 million
Next Earnings Date12/3/2019 (Estimated)
OptionableOptionable

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Movado Group (NYSE:MOV) Frequently Asked Questions

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 declared a -- dividend on Thursday, August 29th. Shareholders of record on Tuesday, September 10th will be given a dividend of $0.20 per share on Tuesday, September 24th. This represents a yield of 3.8%. The ex-dividend date is Monday, September 9th. View Movado Group's Dividend History.

How were Movado Group's earnings last quarter?

Movado Group, Inc (NYSE:MOV) posted its quarterly earnings results on Wednesday, August, 28th. The company reported $0.36 EPS for the quarter, missing analysts' consensus estimates of $0.49 by $0.13. The business had revenue of $157.80 million for the quarter, compared to the consensus estimate of $167 million. Movado Group had a net margin of 9.23% and a return on equity of 11.74%. Movado Group's revenue for the quarter was up 9.5% on a year-over-year basis. During the same period in the prior year, the business earned $0.45 earnings per share. View Movado Group's Earnings History.

When is Movado Group's next earnings date?

Movado Group is scheduled to release their next quarterly earnings announcement on Tuesday, December 3rd 2019. View Earnings Estimates for Movado Group.

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

Movado Group updated its FY20 earnings guidance on Wednesday, August, 28th. The company provided EPS guidance of $2.25-2.35 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.75. The company issued revenue guidance of $725-740 million, compared to the consensus revenue estimate of $755.00 million.

What price target have analysts set for MOV?

1 equities research analysts have issued 12-month price objectives for Movado Group's stock. Their forecasts range from $22.00 to $22.00. On average, they expect Movado Group's share price to reach $22.00 in the next year. This suggests that the stock has a possible downside of 13.2%. View Analyst Price Targets for Movado Group.

What is the consensus analysts' recommendation for Movado Group?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Movado Group in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Movado Group.

Has Movado Group been receiving favorable news coverage?

News stories about MOV stock have been trending very negative recently, InfoTrie reports. InfoTrie scores the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Movado Group earned a news sentiment score of -3.2 on InfoTrie's scale. They also gave news stories about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the near future. View News Stories for Movado Group.

Are investors shorting Movado Group?

Movado Group saw a increase in short interest in the month of September. As of September 30th, there was short interest totalling 2,010,000 shares, an increase of 16.2% from the August 30th total of 1,730,000 shares. Based on an average daily volume of 220,000 shares, the short-interest ratio is currently 9.1 days. Currently, 12.7% of the company's shares are short sold. View Movado Group's Current Options Chain.

Who are some of Movado Group's key competitors?

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 Fossil Group (FOSL), NVIDIA (NVDA), Alibaba Group (BABA), TJX Companies (TJX), Cisco Systems (CSCO), Best Buy (BBY), Canopy Growth (CGC), Advanced Micro Devices (AMD), eBay (EBAY) and Gilead Sciences (GILD).

Who are Movado Group's key executives?

Movado Group's management team includes the folowing people:
  • Mr. Efraim Grinberg, Chairman & CEO (Age 61)
  • Ms. Sallie A. DeMarsilis, CFO & Principal Accounting Officer (Age 54)
  • Mr. Francis Anthony Morelli, Sr. VP of Global Information Technology & Operations (Age 68)
  • Mr. Mitchell C. Sussis, Sr. VP, Gen. Counsel & Sec. (Age 54)
  • Vivian D'Elia, Sr. VP of HR (Age 67)

Who are Movado Group's major shareholders?

Movado Group's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Tributary Capital Management LLC (2.21%), Confluence Investment Management LLC (0.77%), Foundry Partners LLC (0.66%), North Star Investment Management Corp. (0.41%), Teton Advisors Inc. (0.40%) and Gamco Investors INC. ET AL (0.40%). Company insiders that own Movado Group stock include Alan H Howard, Alexander Grinberg, Efraim Grinberg, Francis Anthony Morelli, Maurice S Reznik, Richard Cote, Richard D Isserman, Sallie A Demarsilis and Stephen I Sadove. View Institutional Ownership Trends for Movado Group.

Which institutional investors are selling Movado Group stock?

MOV stock was sold by a variety of institutional investors in the last quarter, including North Star Investment Management Corp., Municipal Employees Retirement System of Michigan, Envestnet Asset Management Inc., New York State Teachers Retirement System and Pacer Advisors Inc.. View Insider Buying and Selling for Movado Group.

Which institutional investors are buying Movado Group stock?

MOV stock was bought by a variety of institutional investors in the last quarter, including Teton Advisors Inc., Tributary Capital Management LLC, Virginia Retirement Systems ET AL, Gamco Investors INC. ET AL, Foundry Partners LLC, State of Alaska Department of Revenue, State of Tennessee Treasury Department and Rhumbline Advisers. Company insiders that have bought Movado Group stock in the last two years include Maurice S Reznik and Stephen I Sadove. View Insider Buying and Selling for Movado Group.

How do I buy shares of Movado Group?

Shares of MOV can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Movado Group's stock price today?

One share of MOV stock can currently be purchased for approximately $25.35.

How big of a company is Movado Group?

Movado Group has a market capitalization of $583.00 million and generates $679.57 million in revenue each year. The company earns $61.62 million in net income (profit) each year or $2.67 on an earnings per share basis. Movado Group employs 1,140 workers across the globe.View Additional Information About Movado Group.

What is Movado Group's official website?

The official website for Movado Group is http://www.movadogroup.com/.

How can I contact Movado Group?

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]


MarketBeat Community Rating for Movado Group (NYSE MOV)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  171 (Vote Outperform)
Underperform Votes:  275 (Vote Underperform)
Total Votes:  446
MarketBeat's community ratings are surveys of what our community members think about Movado Group and other stocks. Vote "Outperform" if you believe MOV will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MOV will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/12/2019 by MarketBeat.com Staff

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