Movado Group Stock Forecast, Price & News

1 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 for the stock. The consensus among Wall Street research analysts is that investors should "hold" Movado Group stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MOV, but not buy additional shares or sell existing shares.
View analyst ratings for Movado Group or view top-rated stocks.

Wall Street analysts have given Movado Group a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Movado Group wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Movado Group is scheduled to release its next quarterly earnings announcement on Thursday, August 26th 2021.
View our earnings forecast for Movado Group.

Movado Group, Inc. (NYSE:MOV) released its earnings results on Wednesday, May, 26th. The company reported $0.43 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of ($0.09) by $0.52. The company had revenue of $134.80 million for the quarter. Movado Group had a trailing twelve-month return on equity of 10.95% and a net margin of 8.38%.
View Movado Group's earnings history.

Movado Group's stock was trading at $12.50 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, MOV shares have increased by 139.0% and is now trading at $29.87.
View which stocks have been most impacted by COVID-19.

Movado Group declared a quarterly dividend on Thursday, May 27th. Investors of record on Wednesday, June 9th will be given a dividend of $0.20 per share on Wednesday, June 23rd. This represents a $0.80 annualized dividend and a dividend yield of 2.68%. The ex-dividend date is Tuesday, June 8th.
View Movado Group's dividend history.

Movado Group pays an annual dividend of $0.80 per share and currently has a dividend yield of 2.72%. Movado Group does not yet have a strong track record of dividend growth. The dividend payout ratio of Movado Group is 86.96%. Payout ratios above 75% are not desirable because they may not be sustainable.
View Movado Group's dividend history.

Movado Group issued an update on its FY 2022 earnings guidance on Tuesday, June, 22nd. The company provided earnings per share guidance of $- for the period. The company issued revenue guidance of $650 million-665 million, compared to the consensus revenue estimate of $635.85 million.

1 analysts have issued 12 month price targets for Movado Group's shares. Their forecasts range from $30.00 to $30.00. On average, they anticipate Movado Group's share price to reach $30.00 in the next year. This suggests a possible upside of 0.4% from the stock's current price.
View analysts' price targets for Movado Group or view top-rated stocks among Wall Street analysts.

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.

Some companies that are related to Movado Group include V.F. (VFC), Tapestry (TPR), Ralph Lauren (RL), PVH (PVH), Columbia Sportswear (COLM), Hanesbrands (HBI), Carter's (CRI), Oxford Industries (OXM), G-III Apparel Group (GIII), Fossil Group (FOSL), Vera Bradley (VRA), Delta Apparel (DLA), Iconix Brand Group (ICON) and (ZQKSQ) (ZQKSQ).
View all of MOV's competitors.

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

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

Movado Group's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Confluence Investment Management LLC (1.27%), Hillsdale Investment Management Inc. (0.66%), State of Alaska Department of Revenue (0.05%) and Cacti Asset Management LLC (0.04%). Company insiders that own Movado Group stock include Alan H Howard, Efraim Grinberg, Maurice S Reznik and Stephen I Sadove.
View institutional ownership trends for Movado Group.

MOV stock was sold by a variety of institutional investors in the last quarter, including Confluence Investment Management LLC, and Cacti Asset Management LLC. Company insiders that have sold Movado Group company stock in the last year include Alan H Howard, Efraim Grinberg, and Stephen I Sadove.
View insider buying and selling activity for Movado Group or view top insider-selling stocks.

MOV stock was bought by a variety of institutional investors in the last quarter, including Hillsdale Investment Management Inc., and State of Alaska Department of Revenue.
View insider buying and selling activity for Movado Group or or view top insider-buying stocks.

Shares of MOV 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.

One share of MOV stock can currently be purchased for approximately $29.87.

Movado Group has a market capitalization of $698.36 million and generates $506.40 million in revenue each year. The company earns $-111,520,000.00 in net income (profit) each year or $0.92 on an earnings per share basis.

Movado Group employs 1,206 workers across the globe.

Movado Group was founded in 1881.

The official website for Movado Group is www.movadogroup.com.

Movado Group is headquartered at 650 FROM ROAD SUITE 375, PARAMUS NJ, 07652.

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]