Positive News Sentiment NYSE:MOV Movado Group - MOV Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Movado Group, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $34.72 -1.36 (-3.77%) (As of 02/8/2023 11:57 AM ET) Add Compare Share Share Today's Range$34.69▼$35.6150-Day Range$29.27▼$36.8252-Week Range$27.72▼$41.75Volume16,682 shsAverage Volume123,812 shsMarket Capitalization$778.08 millionP/E Ratio7.80Dividend Yield3.93%Price TargetN/A ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Movado Group MarketRank™ ForecastAnalyst RatingN/AUpside/DownsideN/AShort InterestBearish8.24% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-1.28Upright™ Environmental ScoreNews Sentiment1.58Based on 2 Articles This WeekInsider TradingSelling Shares$261,578 Sold Last QuarterProj. Earnings Growth14.96%From $4.01 to $4.61 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.91 out of 5 starsRetail/Wholesale Sector13th out of 213 stocksWatches, Clocks, Watchcases, & Parts Industry1st out of 2 stocks N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for Movado Group. Previous Next 1.0 Short Interest Percentage of Shares Shorted8.24% of the float of Movado Group has been sold short.Short Interest Ratio / Days to CoverMovado Group has a short interest ratio ("days to cover") of 8.7.Change versus previous month Previous Next 3.3 Dividend Strength Dividend LeadershipMovado Group is a leading dividend payer. It pays a dividend yield of 3.93%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthMovado Group has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Movado Group is 31.46%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Movado Group will have a dividend payout ratio of 30.37% next year. This indicates that Movado Group will be able to sustain or increase its dividend. Previous Next 2.7 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreMovado Group has received a 18.44% net impact score from Upright. Movado seems to create the most significant positive value in categories "Taxes", "Jobs", and "Meaning & joy". The positive contribution in the "Meaning & joy" impact category is mostly driven by its "Wrist watches", "Sports watches", and "Eyeglasses" products. See details.Environmental SustainabilityThe Environmental Impact score for Movado Group is -1.28. Previous Next 4.2 News and Social Media Coverage News SentimentMovado Group has a news sentiment score of 1.58. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.45 average news sentiment score of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Movado Group this week, compared to 1 article on an average week.Search Interest2 people have searched for MOV on MarketBeat in the last 30 days. MarketBeat Follows3 people have added Movado Group to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days. Previous Next 4.2 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Movado Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $261,578.00 in company stock.Percentage Held by Insiders27.76% of the stock of Movado Group is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions67.21% of the stock of Movado Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Movado Group are expected to grow by 14.96% in the coming year, from $4.01 to $4.61 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Movado Group is 7.82, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.14.Price to Earnings Ratio vs. SectorThe P/E ratio of Movado Group is 7.82, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 39.48.Price to Book Value per Share RatioMovado Group has a P/B Ratio of 2.58. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Movado Group (NYSE:MOV) StockMovado 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.Read More Receive MOV Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Movado Group and its competitors with MarketBeat's FREE daily newsletter. Email Address MOV Stock News HeadlinesFebruary 2, 2023 | marketwatch.comLuxury Goods Market: 2023 New Report Show Outstanding Growth with Revenue and Sales Analysis till 2028January 23, 2023 | nasdaq.comBlackRock Inc. Ups Stake in Movado Group, Inc (MOV)February 8, 2023 | Investing Trends (Ad)Without Graphite, There Would Be ZERO EV Batteries!Investors constantly hear that lithium is the key to powering the transition to green energy. Truth is, today's EV batteries contain more graphite in volume than any other essential ingredients.January 16, 2023 | thestreet.comMovado Group (MOV) Stock Tanks Today on Sharply Lower Earnings GuidanceJanuary 12, 2023 | marketwatch.comMechanical Wrist Watches Market : Competitive Strategy Analysis and Forecast Values 2023-2028January 11, 2023 | marketwatch.comWatch Straps Market Evolution Segmentation and Insight of Trends 2023 to 2029 with Top Countries DataJanuary 10, 2023 | benzinga.comDirector At This Consumer Discretionary Company Sells $169K of StockJanuary 3, 2023 | finance.yahoo.comMovado Group, Inc. to Present at the 25th Annual ICR ConferenceFebruary 8, 2023 | Investing Trends (Ad)Elon Musk Claims Solar Will Soon Power the WorldThe world's wealthiest person -- Elon Musk -- is a visionary investor. And he fully expects solar power to be our #1 energy source within a few decades. Utility-scale solar is already becoming the cheapest option for electricity generation globally. So with the push toward clean, renewable energy, it's no wonder solar is also becoming one of the fastest growing sectors in the U.S. stock market.December 28, 2022 | benzinga.comMovado Group Earnings Perspective: Return On Invested CapitalDecember 25, 2022 | finance.yahoo.comMovado Group, Inc. (NYSE:MOV) Q3 2023 Earnings Call TranscriptDecember 6, 2022 | finance.yahoo.comMovado Hosts Derek Jeter’s Turn 2 Foundation at Lincoln Center for an "Evening of Discovery"December 6, 2022 | technews.tmcnet.comMovado Hosts Derek Jeter's Turn 2 Foundation at Lincoln Center for an "Evening of Discovery"December 1, 2022 | seekingalpha.comMovado Group: Flattish Quarter, 8% Capital Return, 27% Net CashNovember 28, 2022 | msn.comMovado Group: Dividend InsightsNovember 22, 2022 | benzinga.comMovado Group Earlier Reported Q3 EPS $1.31 Beats $1.21 Estimate, Sales $211.40M Miss $225.60M EstimateNovember 22, 2022 | markets.businessinsider.comMovado Profit Declines; Slashes Annual Sales GuidanceNovember 22, 2022 | marketwatch.comMovado Group Falls After 3Q Results, FY23 OutlookNovember 22, 2022 | seekingalpha.comMovado Group, Inc. (MOV) Q3 2023 Earnings Call TranscriptNovember 22, 2022 | seekingalpha.comMovado stock moves lower after dimming full-year forecastNovember 15, 2022 | finance.yahoo.comMovado Group, Inc. Announces Date of Conference Call and Webcast for Third Quarter Fiscal 2023 ResultsNovember 7, 2022 | finance.yahoo.comShould You Be Adding Movado Group (NYSE:MOV) To Your Watchlist Today?October 28, 2022 | finance.yahoo.comIs Movado Group (MOV) Stock Undervalued Right Now?October 25, 2022 | finance.yahoo.comThe Zacks Analyst Blog Highlights TravelCenters of America, Williams-Sonoma, Arhaus, Movado Group and Designer BrandsOctober 21, 2022 | finance.yahoo.comBest Income Stocks to Buy for October 21stOctober 21, 2022 | finance.yahoo.comBest Value Stocks to Buy for October 21stOctober 21, 2022 | finance.yahoo.comThe First 4 Stock Picks for This Active Portfolio Could Be 'Controversial'See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive MOV Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Movado Group and its competitors with MarketBeat's FREE daily newsletter. Email Address MOV Company Calendar Last Earnings11/22/2022Ex-Dividend for 12/16 Dividend12/01/2022Dividend Payable12/16/2022Today2/08/2023Next Earnings (Estimated)3/23/2023Fiscal Year End1/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Watches, clocks, watchcases, & parts Sub-IndustryApparel Accessories & Luxury Goods SectorRetail/Wholesale Current SymbolNYSE:MOV CUSIP62458010 CIK72573 Webwww.movadogroup.com Phone(201) 267-8000Fax201-267-8230Employees940Year Founded1881Profitability EPS (Most Recent Fiscal Year)$4.45 Trailing P/E Ratio7.80 Forward P/E Ratio8.66 P/E GrowthN/ANet Income$91.60 million Net Margins13.51% Pretax Margin17.39% Return on Equity22.14% Return on Assets13.76% Debt Debt-to-Equity RatioN/A Current Ratio3.41 Quick Ratio2.11 Sales & Book Value Annual Sales$732.39 million Price / Sales1.06 Cash Flow$2.93 per share Price / Cash Flow11.83 Book Value$13.50 per share Price / Book2.57Miscellaneous Outstanding Shares22,410,000Free Float16,192,000Market Cap$778.08 million OptionableOptionable Beta1.18 Social Links Key ExecutivesEfraim GrinbergChairman & Chief Executive OfficerSallie A. DeMarsilisExecutive VP, Chief Operating & Financial OfficerBehzad SoltaniChief Technology Officer & President-CommercialMitchell C. SussisSecretary, Senior Vice President & General CounselAlex GrinbergDirector & Senior VP-Consumer Centric InitiativesKey CompetitorsFossil GroupNASDAQ:FOSLRover GroupNASDAQ:ROVRG. Willi-Food InternationalNASDAQ:WILCShoe CarnivalNASDAQ:SCVLHibbettNASDAQ:HIBBView All CompetitorsInsiders & InstitutionsRussell Investments Group Ltd.Sold 11,216 shares on 2/8/2023Ownership: 0.227%Horizon Kinetics Asset Management LLCSold 543 shares on 2/7/2023Ownership: 0.106%TD Asset Management IncBought 12,400 shares on 2/7/2023Ownership: 0.055%Texas Permanent School FundSold 851 shares on 2/7/2023Ownership: 0.048%Robeco Institutional Asset Management B.V.Bought 1,659 shares on 2/7/2023Ownership: 0.038%View All Insider TransactionsView All Institutional Transactions MOV Stock - Frequently Asked Questions How have MOV shares performed in 2023? Movado Group's stock was trading at $32.25 on January 1st, 2023. Since then, MOV stock has increased by 11.9% and is now trading at $36.08. View the best growth stocks for 2023 here. When is Movado Group's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, March 23rd 2023. View our MOV earnings forecast. How were Movado Group's earnings last quarter? Movado Group, Inc. (NYSE:MOV) announced its earnings results on Tuesday, November, 22nd. The company reported $1.31 earnings per share for the quarter. The firm had revenue of $211.40 million for the quarter. Movado Group had a net margin of 13.51% and a trailing twelve-month return on equity of 22.14%. How often does Movado Group pay dividends? What is the dividend yield for Movado Group? Movado Group announced a quarterly dividend on Tuesday, November 22nd. Investors of record on Friday, December 2nd will be given a dividend of $0.35 per share on Friday, December 16th. This represents a $1.40 dividend on an annualized basis and a yield of 3.88%. The ex-dividend date is Thursday, December 1st. Read our dividend analysis for MOV. Is Movado Group a good dividend stock? Movado Group (NYSE:MOV) pays an annual dividend of $1.40 per share and currently has a dividend yield of 3.80%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 31.46%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MOV will have a dividend payout ratio of 30.37% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for MOV. What guidance has Movado Group issued on next quarter's earnings? Movado Group issued an update on its FY 2023 earnings guidance on Thursday, December, 22nd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $740.00 million-$750.00 million, compared to the consensus revenue estimate of $789.10 million. What is Efraim Grinberg's approval rating as Movado Group's CEO? 60 employees have rated Movado Group Chief Executive Officer Efraim Grinberg on Glassdoor.com. Efraim Grinberg has an approval rating of 97% among the company'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), Hello Group (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 many different institutional and retail investors. Top institutional shareholders include Tributary Capital Management LLC (1.98%), Confluence Investment Management LLC (0.72%), Pacer Advisors Inc. (0.63%), Hennessy Advisors Inc. (0.37%), Los Angeles Capital Management LLC (0.30%) and Euclidean Technologies Management LLC (0.27%). Insiders that own company stock include Alan H Howard, Alexander Grinberg, Ann Kirschner, Behzad Soltani, Efraim Grinberg, Mitchell Cole Sussis, Richard D Isserman, Sallie A Demarsilis, Stephen I Sadove and Vivian Delia. View institutional ownership trends. How do I buy shares of Movado Group? Shares of MOV stock 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 $36.08. How much money does Movado Group make? Movado Group (NYSE:MOV) has a market capitalization of $808.55 million and generates $732.39 million in revenue each year. The company earns $91.60 million in net income (profit) each year or $4.45 on an earnings per share basis. How many employees does Movado Group have? The company employs 940 workers across the globe. How can I contact Movado Group? Movado Group's mailing address is 650 FROM ROAD SUITE 375, PARAMUS NJ, 07652. The official website for the company is www.movadogroup.com. The company can be reached via phone at (201) 267-8000, via email at sdemarsilis@movadogroup.com, or via fax at 201-267-8230. This page (NYSE:MOV) was last updated on 2/8/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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