PVH (NYSE:PVH) Trading Down 5.7% – Here’s Why

PVH Corp. (NYSE:PVH) fell 5.7% during trading on Wednesday . The stock traded as low as $65.80 and last traded at $66.0070. 287,171 shares changed hands during mid-day trading, a decline of 59% from the average session volume of 701,015 shares. The stock had previously closed at $70.01.

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. Wells Fargo & Company cut their price objective on PVH from $88.00 to $85.00 and set an “equal weight” rating on the stock in a research report on Friday, December 5th. Weiss Ratings restated a “hold (c)” rating on shares of PVH in a research report on Wednesday, October 8th. Jefferies Financial Group reaffirmed a “buy” rating on shares of PVH in a research note on Thursday, October 23rd. Wall Street Zen lowered PVH from a “buy” rating to a “hold” rating in a research report on Saturday, December 13th. Finally, UBS Group reaffirmed a “buy” rating and issued a $148.00 target price on shares of PVH in a research report on Tuesday, November 25th. Nine investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $92.80.

PVH Trading Down 5.9%

The firm has a market cap of $3.02 billion, a P/E ratio of 9.87, a price-to-earnings-growth ratio of 2.43 and a beta of 1.73. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.72 and a current ratio of 1.47. The stock has a fifty day simple moving average of $75.30 and a 200 day simple moving average of $77.48.

PVH (NYSE:PVH) last released its quarterly earnings data on Wednesday, December 3rd. The textile maker reported $2.83 EPS for the quarter, topping the consensus estimate of $2.56 by $0.27. The company had revenue of $2.29 billion during the quarter, compared to the consensus estimate of $2.28 billion. PVH had a return on equity of 11.44% and a net margin of 3.87%.PVH’s revenue for the quarter was up 1.7% on a year-over-year basis. During the same period last year, the company earned $3.03 EPS. PVH has set its Q4 2025 guidance at 3.200-3.350 EPS and its FY 2025 guidance at 10.850-11.000 EPS. On average, research analysts expect that PVH Corp. will post 11.67 earnings per share for the current fiscal year.

PVH Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 17th. Stockholders of record on Wednesday, November 26th were issued a dividend of $0.0375 per share. This represents a $0.15 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend was Wednesday, November 26th. PVH’s dividend payout ratio is presently 2.25%.

Institutional Trading of PVH

Several large investors have recently modified their holdings of the company. Danske Bank A S bought a new position in PVH in the third quarter valued at about $25,000. Saranac Partners Ltd bought a new position in shares of PVH in the 3rd quarter worth approximately $30,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. purchased a new position in shares of PVH in the second quarter worth approximately $38,000. UMB Bank n.a. grew its position in PVH by 63.3% during the second quarter. UMB Bank n.a. now owns 619 shares of the textile maker’s stock valued at $42,000 after buying an additional 240 shares during the period. Finally, Hantz Financial Services Inc. increased its holdings in PVH by 1,284.4% during the second quarter. Hantz Financial Services Inc. now owns 623 shares of the textile maker’s stock valued at $43,000 after buying an additional 578 shares during the last quarter. Institutional investors own 97.25% of the company’s stock.

About PVH

PVH Corp is a leading global apparel company known for its portfolio of iconic brands in the dress shirt, sportswear and lifestyle categories. The company designs, markets and distributes clothing, accessories and fragrances under both owned and licensed brands. PVH’s core brand holdings include Calvin Klein and Tommy Hilfiger, complemented by a range of heritage labels such as Van Heusen, IZOD, ARROW, Warner’s and Olga.

PVH’s operations span the entire value chain from product design and development to manufacturing, marketing and distribution.