PVH Corp. (PVH) Set to Announce Quarterly Earnings on Wednesday
PVH Corp. (NYSE:PVH) is scheduled to be announcing its earnings results after the market closes on Wednesday, November 29th. Analysts expect the company to announce earnings of $2.91 per share for the quarter.
PVH Corp. (NYSE:PVH) last announced its earnings results on Wednesday, August 23rd. The textile maker reported $1.69 earnings per share for the quarter, beating the consensus estimate of $1.65 by $0.04. The company had revenue of $2.07 billion during the quarter, compared to the consensus estimate of $2.02 billion. PVH Corp. had a return on equity of 11.67% and a net margin of 4.96%. The company’s revenue was up 7.1% on a year-over-year basis. During the same period last year, the firm earned $1.47 earnings per share. On average, analysts expect PVH Corp. to post $8 EPS for the current fiscal year and $9 EPS for the next fiscal year.
Shares of PVH Corp. (NYSE:PVH) opened at $136.11 on Wednesday. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.88 and a current ratio of 1.80. The firm has a market capitalization of $10,560.00, a PE ratio of 18.57, a PEG ratio of 1.32 and a beta of 0.59. PVH Corp. has a 52 week low of $84.53 and a 52 week high of $136.84.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 20th. Stockholders of record on Wednesday, November 22nd will be paid a dividend of $0.038 per share. The ex-dividend date is Tuesday, November 21st. This represents a $0.15 annualized dividend and a dividend yield of 0.11%. PVH Corp.’s dividend payout ratio is presently 2.87%.
WARNING: This piece of content was originally reported by Watch List News and is the sole property of of Watch List News. If you are reading this piece of content on another site, it was illegally stolen and republished in violation of US and international copyright legislation. The correct version of this piece of content can be read at https://www.watchlistnews.com/pvh-corp-pvh-set-to-announce-quarterly-earnings-on-wednesday/1718636.html.
In other PVH Corp. news, SVP James Holmes sold 851 shares of the firm’s stock in a transaction dated Wednesday, September 20th. The shares were sold at an average price of $126.99, for a total value of $108,068.49. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP David F. Kozel sold 8,867 shares of the firm’s stock in a transaction dated Friday, August 25th. The stock was sold at an average price of $125.19, for a total transaction of $1,110,059.73. The disclosure for this sale can be found here. Insiders sold 39,307 shares of company stock worth $4,980,787 in the last three months. 1.50% of the stock is currently owned by corporate insiders.
Several analysts have recently weighed in on PVH shares. Credit Suisse Group set a $136.00 target price on PVH Corp. and gave the company a “buy” rating in a research note on Friday, August 18th. Zacks Investment Research upgraded PVH Corp. from a “hold” rating to a “buy” rating and set a $135.00 target price for the company in a research note on Thursday, August 24th. ValuEngine downgraded PVH Corp. from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Buckingham Research raised their target price on PVH Corp. from $142.00 to $143.00 and gave the company a “buy” rating in a research note on Friday, August 25th. Finally, Deutsche Bank AG assumed coverage on shares of PVH Corp. in a research report on Monday, October 23rd. They set a “hold” rating and a $131.00 price target on the stock. Six research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $138.71.
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.
Receive News & Ratings for PVH Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PVH Corp. and related companies with Analyst Ratings Network's FREE daily email newsletter.