NYSE:MOV - Movado Group Stock Price, Price Target & More

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

Movado Group announced a quarterly dividend on Wednesday, May 30th. Stockholders of record on Monday, June 11th will be given a dividend of $0.20 per share on Monday, June 25th. This represents a $0.80 annualized dividend and a dividend yield of 1.63%. The ex-dividend date is Friday, June 8th. View Movado Group's Dividend History.

Movado Group declared that its board has authorized a stock buyback plan on Wednesday, August 30th 2017, which allows the company to buyback $50,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Stock buyback plans are generally a sign that the company's management believes its stock is undervalued.

Movado Group, Inc (NYSE:MOV) announced its quarterly earnings data on Wednesday, May, 30th. The company reported $0.37 EPS for the quarter, beating analysts' consensus estimates of $0.11 by $0.26. The business had revenue of $127.10 million for the quarter, compared to the consensus estimate of $109.47 million. Movado Group had a positive return on equity of 11.59% and a negative net margin of 0.50%. Movado Group's revenue was up 28.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.01 earnings per share. View Movado Group's Earnings History.

Movado Group is scheduled to release their next quarterly earnings announcement on Tuesday, September, 4th 2018. View Earnings Estimates for Movado Group.

Movado Group updated its FY19 earnings guidance on Wednesday, May, 30th. The company provided EPS guidance of $2.35-2.40 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.23. The company issued revenue guidance of $615-625.0 million, compared to the consensus revenue estimate of $608.87 million.

3 analysts have issued 12 month target prices for Movado Group's stock. Their forecasts range from $42.00 to $42.00. On average, they anticipate Movado Group's stock price to reach $42.00 in the next twelve months. This suggests that the stock has a possible downside of 14.4%. View Analyst Ratings for Movado Group.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Movado Group in the last year. There are currently 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold."

Some companies that are related to Movado Group include Travis Perkins (TVPKF), AutoNation (AN), YOOX NET A PORT/S (YXOXY), American Eagle Outfitters (AEO), Wendys (WEN), Penske Automotive Group (PAG), Performance Food Group (PFGC), JUST EAT PLC/ADR (JSTTY), Casey's General Stores (CASY), Michaels Companies (MIK), Dicks Sporting Goods (DKS), Cracker Barrel Old Country Store (CBRL), Signet Jewelers (SIG), Stitch Fix (SFIX) and Tech Data (TECD).

News headlines about MOV stock have been trending somewhat positive on Saturday, Accern Sentiment reports. Accern ranks the sentiment of news coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Movado Group earned a news sentiment score of 0.18 on Accern's scale. They also assigned media headlines about the company an impact score of 45.10 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.

Movado Group's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Confluence Investment Management LLC (0.68%), Deprince Race & Zollo Inc. (0.64%), Foundry Partners LLC (0.48%), North Star Investment Management Corp. (0.31%), Cacti Asset Management LLC (0.09%) and Municipal Employees Retirement System of Michigan (0.08%). Company insiders that own Movado Group stock include Alan H Howard, Alexander Grinberg, Francis Anthony Morelli, Hamed Shahbazi, Miriam Grinberg Phalen, Nathan Leventhal, Richard Cote, Richard D Isserman and Sallie A Demarsilis. View Institutional Ownership Trends for Movado Group.

MOV stock was sold by a variety of institutional investors in the last quarter, including Deprince Race & Zollo Inc., Foundry Partners LLC, Cacti Asset Management LLC, Municipal Employees Retirement System of Michigan and Confluence Investment Management LLC. Company insiders that have sold Movado Group company stock in the last year include Alan H Howard, Alexander Grinberg, Francis Anthony Morelli, Miriam Grinberg Phalen, Nathan Leventhal, Richard Cote, Richard D Isserman and Sallie A Demarsilis. View Insider Buying and Selling for Movado Group.

MOV stock was acquired by a variety of institutional investors in the last quarter, including North Star Investment Management Corp., Nisa Investment Advisors LLC and Bank of Montreal Can. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

One share of MOV stock can currently be purchased for approximately $49.05.

Movado Group has a market capitalization of $1.14 billion and generates $567.95 million in revenue each year. The company earns $-15,220,000.00 in net income (profit) each year or $2.00 on an earnings per share basis. Movado Group employs 1,000 workers across the globe.

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]