NYSE:MOV

Movado Group Stock Forecast, Price & News

$10.25

-0.06 (-0.58 %)

(As of 09/25/2020 12:00 AM ET)

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Today's Range

$10.20

Now: $10.25▼

$10.45

50-Day Range

$10.00

MA: $11.06▼

$12.78

52-Week Range

$8.12

Now: $10.25▼

$28.78

Volume172,744 shs

Average Volume260,859 shs

Market Capitalization$237.61 million

P/E RatioN/A

Dividend YieldN/A

Beta0.66

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. It also provides after-sales and shipping service. As of January 31, 2018, the company operated 40 retail outlet locations. Its customers include jewelry store chains, department stores, independent regional jewelers, licensors' retail stores, and a network of independent distributors. 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.

Beat the Market (BTM) Rank^™

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for Movado Group.

1.8 Community Rank

Outperform Votes
Movado Group has received 181 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Movado Group has received 309 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Movado Group has received 63.06% “underperform” votes from our community.

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.

0.0 Dividend Strength

Dividend Yield
Movado Group does not currently pay a dividend.
Dividend Growth
Movado Group does not have a long track record of dividend growth.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Movado Group insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 30.46% of the stock of Movado Group is held by insiders.
Percentage Held by Institutions
66.80% of the stock of Movado Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Movado Group is -1.75, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Movado Group is -1.75, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Movado Group has a P/B Ratio of 0.63. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

0.69 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Watches, clocks, watchcases, & parts

Sub-IndustryApparel Accessories & Luxury Goods

SectorRetail/Wholesale

Current SymbolNYSE:MOV

Previous Symbol

CUSIP62458010

CIK72573

Webwww.movadogroup.com

Phone201-267-8000

Debt

Debt-to-Equity Ratio0.13

Current Ratio3.96

Quick Ratio2.38

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E Ratio205.00

P/E GrowthN/A

Sales & Book Value

Annual Sales$700.97 million

Price / Sales0.34

Cash Flow$1.37 per share

Price / Cash Flow7.49

Book Value$16.16 per share

Price / Book0.63

Profitability

EPS (Most Recent Fiscal Year)$1.57

Net Income$42.70 million

Net Margins-24.39%

Return on Equity1.76%

Return on Assets1.02%

Miscellaneous

Employees1,145

Outstanding Shares23,181,000

Market Cap$237.61 million

Next Earnings Date11/24/2020 (Estimated)

OptionableOptionable

$10.25

-0.06 (-0.58 %)

(As of 09/25/2020 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Movado Group (NYSE:MOV) Frequently Asked Questions

How has Movado Group's stock been impacted by COVID-19 (Coronavirus)?

Movado Group's stock was trading at $12.50 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, MOV shares have decreased by 18.0% and is now trading at $10.25.
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 Tuesday, November 24th 2020.
View our earnings forecast for Movado Group.

How were Movado Group's earnings last quarter?

Movado Group, Inc (NYSE:MOV) released its quarterly earnings data on Thursday, August, 27th. The company reported ($0.07) earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of ($0.31) by $0.24. Movado Group had a negative net margin of 24.39% and a positive return on equity of 1.76%.
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 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 dividend on an annualized basis and a dividend yield of 7.80%. The ex-dividend date of this dividend is Thursday, December 5th.
View Movado Group's dividend history.

Who are some of Movado Group's key competitors?

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

Who are Movado Group's key executives?

Movado Group's management team includes the following 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)

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 many different institutional and retail investors. Top institutional shareholders include Thrivent Financial for Lutherans (4.43%), Tributary Capital Management LLC (2.23%), Goldman Sachs Group Inc. (2.06%), Confluence Investment Management LLC (1.40%), Charles Schwab Investment Management Inc. (1.04%) and Gamco Investors INC. ET AL (0.93%). Company insiders that own Movado Group stock include Efraim Grinberg and Maurice S Reznik.
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 Goldman Sachs Group Inc., Bank of America Corp DE, Bank of New York Mellon Corp, Aigen Investment Management LP, Nuveen Asset Management LLC, New York State Teachers Retirement System, UBS Group AG, and Ancora Advisors LLC.
View insider buying and selling activity for Movado Group.

Which institutional investors are buying Movado Group stock?

MOV stock was purchased by a variety of institutional investors in the last quarter, including Grantham Mayo Van Otterloo & Co. LLC, Gamco Investors INC. ET AL, Federated Hermes Inc., Tributary Capital Management LLC, Confluence Investment Management LLC, Teton Advisors Inc., Exchange Traded Concepts LLC, and Jacobs Levy Equity Management Inc..
View insider buying and selling activity 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 $10.25.

How big of a company is Movado Group?

Movado Group has a market capitalization of $237.61 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.

What is Movado Group's official website?

The official website for Movado Group is 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]

This page was last updated on 9/26/2020 by MarketBeat.com Staff

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