PVH Corp. (PVH) Earning Somewhat Favorable Media Coverage, Report Shows
Media stories about PVH Corp. (NYSE:PVH) have trended somewhat positive on Friday, Accern Sentiment reports. The research firm identifies positive and negative press coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. PVH Corp. earned a news impact score of 0.19 on Accern’s scale. Accern also gave news coverage about the textile maker an impact score of 45.9941993215823 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
These are some of the news articles that may have impacted Accern Sentiment’s analysis:
- Stock Traders Buy High Volume of PVH Corp. Call Options (PVH) (americanbankingnews.com)
- Piper Jaffray Companies Reaffirms Buy Rating for PVH Corp. (PVH) (americanbankingnews.com)
- PVH Corp. Declares Quarterly Dividend of $0.04 (PVH) (americanbankingnews.com)
- Technical Facts to Know PVH Corp. (PVH) moves 50.80% away from One Year Low – Voice Of Analysts (analystsbuzz.com)
- Noteworthy Monday Option Activity: PVH, GE, APC – Nasdaq.com – Nasdaq (nasdaq.com)
Several research analysts recently weighed in on the stock. Piper Jaffray Companies set a $148.00 price target on shares of PVH Corp. and gave the stock a “buy” rating in a research report on Thursday. Deutsche Bank AG began coverage on shares of PVH Corp. in a report on Monday, October 23rd. They issued a “hold” rating and a $131.00 price objective for the company. Sanford C. Bernstein began coverage on shares of PVH Corp. in a report on Tuesday, September 12th. They issued a “market perform” rating and a $142.00 price objective for the company. Zacks Investment Research downgraded shares of PVH Corp. from a “buy” rating to a “hold” rating in a report on Tuesday, September 12th. Finally, Barclays PLC began coverage on shares of PVH Corp. in a report on Tuesday, September 19th. They issued an “overweight” rating and a $147.00 price objective for the company. Six analysts have rated the stock with a hold rating and fourteen have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $138.71.
Shares of PVH Corp. (PVH) traded up $3.06 on Friday, hitting $129.94. 684,400 shares of the stock were exchanged, compared to its average volume of 1,008,423. PVH Corp. has a fifty-two week low of $84.53 and a fifty-two week high of $133.24. The firm has a market cap of $10,220.00, a price-to-earnings ratio of 17.70, a price-to-earnings-growth ratio of 1.26 and a beta of 0.59. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.80 and a quick ratio of 0.88.
PVH Corp. (NYSE:PVH) last announced its quarterly earnings data on Wednesday, August 23rd. The textile maker reported $1.69 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.65 by $0.04. PVH Corp. had a net margin of 4.96% and a return on equity of 11.67%. The business had revenue of $2.07 billion for the quarter, compared to analyst estimates of $2.02 billion. During the same period last year, the business earned $1.47 EPS. The company’s revenue was up 7.1% on a year-over-year basis. equities research analysts expect that PVH Corp. will post 7.73 EPS for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 20th. Stockholders of record on Wednesday, November 22nd will be issued a $0.038 dividend. The ex-dividend date is Tuesday, November 21st. This represents a $0.15 dividend on an annualized basis and a dividend yield of 0.12%. PVH Corp.’s payout ratio is 2.87%.
In related news, CEO Francis K. Duane sold 24,000 shares of PVH Corp. stock in a transaction on Friday, August 25th. The shares were sold at an average price of $126.86, for a total transaction of $3,044,640.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, SVP James Holmes sold 851 shares of PVH Corp. stock in a transaction on Wednesday, September 20th. The stock was sold at an average price of $126.99, for a total transaction of $108,068.49. The disclosure for this sale can be found here. Insiders sold a total of 39,307 shares of company stock worth $4,980,787 over the last 90 days. Company insiders own 1.30% of the company’s stock.
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PVH Corp. Company Profile
PVH Corp. is an apparel company. The Company operates through three segments: Calvin Klein, which consists of the Calvin Klein North America and Calvin Klein International segments; Tommy Hilfiger, which consists of the Tommy Hilfiger North America and Tommy Hilfiger International segments, and Heritage Brands, which consists of the Heritage Brands Wholesale and Heritage Brands Retail segments.
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