PVH (NYSE:PVH) Updates Q1 Earnings Guidance

PVH (NYSE:PVH) issued an update on its first quarter earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of $2.10-2.25 for the period, compared to the consensus estimate of $2.24. The company issued revenue guidance of $1.91-1.95 billion, compared to the consensus revenue estimate of $1.91 billion. PVH also updated its FY26 guidance to $12.40-12.75 EPS.

Analysts Set New Price Targets

Several equities analysts have recently commented on PVH shares. JPMorgan Chase & Co. cut shares of PVH from an “overweight” rating to a “neutral” rating and lowered their price target for the company from $149.00 to $113.00 in a report on Friday, January 24th. Wells Fargo & Company downgraded PVH from an “overweight” rating to an “equal weight” rating and lowered their price target for the company from $130.00 to $105.00 in a report on Monday, February 3rd. Citigroup cut their target price on shares of PVH from $123.00 to $72.00 and set a “neutral” rating for the company in a research note on Tuesday, March 25th. StockNews.com cut PVH from a “buy” rating to a “hold” rating in a research report on Thursday, February 6th. Finally, Jefferies Financial Group decreased their price objective on PVH from $104.00 to $101.00 and set a “hold” rating on the stock in a report on Tuesday, January 28th. Eight research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat.com, PVH presently has a consensus rating of “Moderate Buy” and a consensus target price of $112.27.

PVH Trading Up 0.0 %

NYSE PVH traded up $0.01 during trading on Monday, reaching $64.70. 2,288,475 shares of the stock traded hands, compared to its average volume of 1,121,781. PVH has a fifty-two week low of $62.91 and a fifty-two week high of $141.15. The company has a quick ratio of 0.69, a current ratio of 1.29 and a debt-to-equity ratio of 0.31. The firm has a market cap of $3.60 billion, a price-to-earnings ratio of 5.27, a price-to-earnings-growth ratio of 0.77 and a beta of 2.10. The stock’s 50-day moving average price is $76.92 and its 200 day moving average price is $92.92.

PVH (NYSE:PVH) last posted its earnings results on Monday, March 31st. The textile maker reported $3.27 earnings per share for the quarter, topping the consensus estimate of $3.19 by $0.08. The firm had revenue of $2.37 billion for the quarter, compared to analyst estimates of $2.34 billion. PVH had a return on equity of 13.66% and a net margin of 8.13%. The company’s revenue for the quarter was down 4.8% on a year-over-year basis. During the same period in the previous year, the company posted $3.72 earnings per share. Analysts predict that PVH will post 11.67 EPS for the current year.

PVH Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 26th. Investors of record on Wednesday, March 5th were given a $0.0375 dividend. This represents a $0.15 dividend on an annualized basis and a yield of 0.23%. The ex-dividend date was Wednesday, March 5th. PVH’s dividend payout ratio is presently 1.22%.

About PVH

PVH Corp. operates as an apparel company in the United States and internationally. The company operates through Tommy Hilfiger North America, Tommy Hilfiger International, Calvin Klein North America, Calvin Klein International, and Heritage Brands Wholesale segments. It designs and markets men's, women's, and children's branded apparel, footwear and accessories, underwear, sleepwear, outerwear, home furnishings, luggage, dresses, suits and swimwear, activewear, sportswear, socks and accessories, outerwear, golf products, footwear, watches and jewelry, eyeglasses and non-ophthalmic sunglasses, jeans wear, performance apparel, intimate apparel, dress shirts, handbags, fragrance, small leather goods, and other related products; and men's and boy's tailored clothing products, duvets, pillows, mattress pads and toppers, and feather beds.