PVH Corp. (NYSE:PVH) is scheduled to be announcing its earnings results after the market closes on Wednesday, August 23rd. Analysts expect the company to announce earnings of $1.65 per share for the quarter. PVH Corp. has set its FY18 guidance at $7.40-7.50 EPS.

PVH Corp. (NYSE:PVH) last posted its quarterly earnings data on Wednesday, May 24th. The textile maker reported $1.65 earnings per share for the quarter, topping analysts’ consensus estimates of $1.60 by $0.05. PVH Corp. had a return on equity of 11.57% and a net margin of 4.69%. The business had revenue of $1.99 billion for the quarter, compared to analyst estimates of $1.96 billion. During the same quarter in the prior year, the company earned $1.50 earnings per share. The company’s revenue was up 3.7% on a year-over-year basis. On average, analysts expect PVH Corp. to post $7.53 EPS for the current fiscal year and $8.39 EPS for the next fiscal year.

Shares of PVH Corp. (NYSE PVH) opened at 123.38 on Wednesday. PVH Corp. has a 52-week low of $84.53 and a 52-week high of $126.11. The stock has a market cap of $9.60 billion, a price-to-earnings ratio of 25.51 and a beta of 0.51. The stock’s 50 day moving average price is $117.18 and its 200-day moving average price is $103.26.

The business also recently declared a quarterly dividend, which will be paid on Friday, September 22nd. Shareholders of record on Thursday, August 24th will be issued a $0.038 dividend. The ex-dividend date of this dividend is Tuesday, August 22nd. This represents a $0.15 dividend on an annualized basis and a dividend yield of 0.12%. PVH Corp.’s dividend payout ratio (DPR) is presently 3.11%.

In other PVH Corp. news, CEO Francis K. Duane sold 2,497 shares of the business’s stock in a transaction dated Friday, May 26th. The shares were sold at an average price of $105.99, for a total transaction of $264,657.03. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO Michael A. Shaffer sold 45,525 shares of the business’s stock in a transaction dated Thursday, July 6th. The shares were sold at an average price of $111.37, for a total transaction of $5,070,119.25. The disclosure for this sale can be found here. Insiders sold a total of 59,627 shares of company stock valued at $6,584,743 over the last ninety days. Company insiders own 1.50% of the company’s stock.

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Several research firms recently weighed in on PVH. UBS AG restated a “buy” rating and set a $120.00 target price (up previously from $116.00) on shares of PVH Corp. in a report on Thursday, May 25th. Bank of America Corporation began coverage on shares of PVH Corp. in a report on Thursday, August 3rd. They set a “buy” rating and a $146.00 target price on the stock. Cowen and Company set a $140.00 target price on shares of PVH Corp. and gave the company a “buy” rating in a report on Friday, August 11th. Piper Jaffray Companies set a $143.00 target price on shares of PVH Corp. and gave the company a “buy” rating in a report on Monday, August 7th. Finally, BidaskClub upgraded shares of PVH Corp. from a “buy” rating to a “strong-buy” rating in a report on Thursday, August 10th. Three research analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has given a strong buy rating to the stock. PVH Corp. presently has an average rating of “Buy” and a consensus target price of $126.53.

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.

Earnings History for PVH Corp. (NYSE:PVH)

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