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NYSE:MOV

Movado Group Stock Forecast, Price & News

$37.63
-0.23 (-0.61%)
(As of 01/19/2022 12:00 AM ET)
Add
Compare
Today's Range
$37.53
$38.71
50-Day Range
$35.88
$47.66
52-Week Range
$19.45
$48.66
Volume
76,799 shs
Average Volume
102,525 shs
Market Capitalization
$862.25 million
P/E Ratio
9.80
Dividend Yield
2.64%
Beta
1.15
30 days | 90 days | 365 days | Advanced Chart
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Movado Group logo

About Movado Group

Movado Group, Inc. engages in the design, manufacture, and distribution of watches. It operates through Watch and Accessory Brands and Company Stores segments. The Watch and Accessory Brands segment include distribution of watches and, to a lesser extent, jewelry and other accessories, of owned and licensed brands, in addition to revenue generated from after-sales service activities and shipping. The Company Stores segment comprises company's physical retail outlet locations. The company was founded by Gedalio Grinberg in 1967 and is headquartered in Paramus, NJ.

Headlines

See More Headlines

Industry, Sector and Symbol

Industry
Watches, clocks, watchcases, & parts
Sub-Industry
Apparel Accessories & Luxury Goods
CUSIP
62458010
Employees
1,206
Year Founded
1881

Sales & Book Value

Annual Sales
$506.40 million
Cash Flow
$5.34 per share
Book Value
$12.32 per share

Profitability

Net Income
$-111.52 million
Pretax Margin
14.89%

Debt

Price-To-Earnings

Miscellaneous

Free Float
16,402,000
Market Cap
$862.25 million
Optionable
Optionable

Company Calendar

Last Earnings
11/23/2021
Ex-Dividend for 12/17 Dividend
12/02/2021
Dividend Payable
12/17/2021
Today
1/19/2022
Fiscal Year End
1/31/2022
Next Earnings (Estimated)
3/24/2022

Social Links


MarketRank

Overall MarketRank

2.50 out of 5 stars

Retail/Wholesale Sector

94th out of 279 stocks

Watches, Clocks, Watchcases, & Parts Industry

1st out of 2 stocks

Analyst Opinion: 1.0Community Rank: 3.6Dividend Strength: 2.5Insider Behavior: 4.2Valuation: 1.3 5 -4 -3 -2 -1 -












Movado Group (NYSE:MOV) Frequently Asked Questions

Is Movado Group a buy right now?

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.

How has Movado Group's stock been impacted by Coronavirus?

Movado Group's stock was trading at $12.50 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, MOV shares have increased by 201.0% and is now trading at $37.63.
View which stocks have been most impacted by COVID-19
.

When is Movado Group's next earnings date?

Movado Group is scheduled to release its next quarterly earnings announcement on Thursday, March 24th 2022.
View our earnings forecast for Movado Group
.

How were Movado Group's earnings last quarter?

Movado Group, Inc. (NYSE:MOV) announced its quarterly earnings results on Tuesday, November, 23rd. The company reported $1.36 EPS for the quarter, topping the consensus estimate of $1.01 by $0.35. The firm earned $217.75 million during the quarter. Movado Group had a net margin of 12.84% and a trailing twelve-month return on equity of 18.72%. During the same period in the prior year, the business earned $0.70 EPS.
View Movado Group's earnings history
.

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

Movado Group announced a quarterly dividend on Tuesday, November 23rd. Shareholders of record on Friday, December 3rd will be paid a dividend of $0.25 per share on Friday, December 17th. This represents a $1.00 annualized dividend and a yield of 2.66%. The ex-dividend date is Thursday, December 2nd. This is a positive change from Movado Group's previous quarterly dividend of $0.20.
View Movado Group's dividend history
.

Is Movado Group a good dividend stock?

Movado Group pays an annual dividend of $1.00 per share and currently has a dividend yield of 2.64%. Movado Group does not yet have a strong track record of dividend growth. The dividend payout ratio of Movado Group is 26.04%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Movado Group will have a dividend payout ratio of 31.85% next year. This indicates that Movado Group will be able to sustain or increase its dividend.
View Movado Group's dividend history.

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

Movado Group updated its FY 2022 earnings guidance on Tuesday, December, 7th. The company provided earnings per share guidance of $3.350-$3.450 for the period, compared to the Thomson Reuters consensus estimate of $2.950. The company issued revenue guidance of $715 million-$720 million, compared to the consensus revenue estimate of $716.20 million.

What price target have analysts set for MOV?

1 Wall Street analysts have issued twelve-month price objectives for Movado Group's stock. 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 that the stock has a possible downside of 20.3%.
View analysts' price targets for Movado Group
or view top-rated stocks among Wall Street analysts.

Who are Movado Group's key executives?

Movado Group's management team includes the following people:

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), Momo (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 institutional and retail investors. Top institutional shareholders include Tributary Capital Management LLC (2.00%), Confluence Investment Management LLC (0.82%), Ritholtz Wealth Management (0.06%), State of Alaska Department of Revenue (0.05%) and Crossmark Global Holdings Inc. (0.03%). Company insiders that own Movado Group stock include Alan H Howard, Alexander Grinberg, Behzad Soltani, Efraim Grinberg, Mitchell Cole Sussis, Sallie A Demarsilis, Stephen I Sadove and Vivian Delia.
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 Tributary Capital Management LLC, Confluence Investment Management LLC, and State of Alaska Department of Revenue. Company insiders that have sold Movado Group company stock in the last year include Alan H Howard, Alexander Grinberg, Behzad Soltani, Efraim Grinberg, Mitchell Cole Sussis, Sallie A Demarsilis, Stephen I Sadove, and Vivian Delia.
View insider buying and selling activity for Movado Group
or view top insider-selling stocks.

Which institutional investors are buying Movado Group stock?

MOV stock was acquired by a variety of institutional investors in the last quarter, including Crossmark Global Holdings Inc., and Ritholtz Wealth Management.
View insider buying and selling activity for Movado Group
or or view top insider-buying stocks.

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 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 $37.63.

How much money does Movado Group make?

Movado Group has a market capitalization of $862.25 million and generates $506.40 million in revenue each year. The company earns $-111.52 million in net income (profit) each year or $3.84 on an earnings per share basis.

How many employees does Movado Group have?

Movado Group employs 1,206 workers across the globe.

When was Movado Group founded?

Movado Group was founded in 1881.

What is Movado Group's official website?

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

Where are Movado Group's headquarters?

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

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, via email at [email protected], or via fax at 201-267-8230.


This page was last updated on 1/19/2022 by MarketBeat.com Staff

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