NYSE:MOVMovado Group Stock Price, Forecast & News

Movado Group's stock was trading at $12.50 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, MOV shares have decreased by 19.2% and is now trading at $10.10. View which stocks have been most impacted by Coronavirus.

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.

Movado Group is scheduled to release its next quarterly earnings announcement on Wednesday, August 26th 2020. View our earnings forecast for Movado Group.

Movado Group, Inc (NYSE:MOV) released its quarterly earnings data on Tuesday, June, 9th. The company reported ($0.56) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.20) by $0.36. The firm had revenue of $69.67 million for the quarter. Movado Group had a negative net margin of 17.82% and a positive return on equity of 3.74%. View Movado Group's earnings history.

Movado Group announced a quarterly dividend on Tuesday, November 26th. Shareholders of record on Friday, December 6th will be paid a dividend of $0.20 per share on Friday, December 20th. This represents a $0.80 annualized dividend and a yield of 7.92%. The ex-dividend date of this dividend is Thursday, December 5th. View Movado Group's dividend history.

1 brokerages have issued 1-year price targets for Movado Group's shares. Their forecasts range from $22.00 to $22.00. On average, they anticipate Movado Group's stock price to reach $22.00 in the next year. This suggests a possible upside of 117.8% from the stock's current price. View analysts' price targets for Movado Group.

News articles about MOV stock have been trending negative on Friday, InfoTrie reports. The research group identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Movado Group earned a media sentiment score of -2.4 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the next few days. View the latest news about Movado Group.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Movado Group investors own include Fossil Group (FOSL), Alibaba Group (BABA), NVIDIA (NVDA), TJX Companies (TJX), Advanced Micro Devices (AMD), Best Buy (BBY), Cisco Systems (CSCO), Gilead Sciences (GILD), JD.Com (JD) and Keysight Technologies (KEYS).

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 (1.40%) and Envestnet Asset Management Inc. (0.14%). Company insiders that own Movado Group stock include Efraim Grinberg, Maurice S Reznik, Richard D Isserman 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 Envestnet Asset Management Inc.. View insider buying and selling activity for Movado Group.

MOV stock was bought by a variety of institutional investors in the last quarter, including Confluence Investment Management LLC. 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 activity for 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.

One share of MOV stock can currently be purchased for approximately $10.10.

Movado Group has a market capitalization of $233.60 million and generates $700.97 million in revenue each year. The company earns $42.70 million in net income (profit) each year or $1.57 on an earnings per share basis. Movado Group employs 1,145 workers across the globe.

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

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]