PVH (NYSE:PVH) Earns “Outperform” Rating from Telsey Advisory Group

PVH (NYSE:PVH)‘s stock had its “outperform” rating reiterated by investment analysts at Telsey Advisory Group in a report issued on Wednesday,Benzinga reports. They presently have a $95.00 price objective on the textile maker’s stock. Telsey Advisory Group’s price objective would indicate a potential upside of 29.13% from the stock’s current price.

PVH has been the subject of a number of other research reports. JPMorgan Chase & Co. increased their price objective on PVH from $76.00 to $87.00 and gave the company a “neutral” rating in a research report on Monday, July 28th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of PVH in a report on Wednesday, October 8th. Morgan Stanley increased their price target on PVH from $64.00 to $70.00 and gave the company an “equal weight” rating in a research report on Thursday, August 28th. Bank of America boosted their price objective on PVH from $76.00 to $88.00 and gave the stock a “neutral” rating in a report on Wednesday, August 27th. Finally, Barclays upped their price objective on shares of PVH from $83.00 to $101.00 and gave the company an “overweight” rating in a research note on Wednesday, August 27th. Ten investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $95.44.

PVH Trading Down 3.3%

Shares of PVH stock opened at $73.57 on Wednesday. The stock has a 50-day simple moving average of $81.90 and a 200 day simple moving average of $77.79. PVH has a fifty-two week low of $59.28 and a fifty-two week high of $113.47. The stock has a market capitalization of $3.54 billion, a P/E ratio of 8.25, a P/E/G ratio of 2.54 and a beta of 1.90. The company has a quick ratio of 0.63, a current ratio of 1.37 and a debt-to-equity ratio of 0.46.

PVH (NYSE:PVH) last released its earnings results on Tuesday, August 26th. The textile maker reported $2.52 EPS for the quarter, topping analysts’ consensus estimates of $1.97 by $0.55. The business had revenue of $2.17 billion for the quarter, compared to the consensus estimate of $2.11 billion. PVH had a net margin of 5.34% and a return on equity of 11.90%. The business’s revenue for the quarter was up 4.5% on a year-over-year basis. During the same period in the previous year, the firm earned $3.01 EPS. PVH has set its Q3 2025 guidance at 2.350-2.50 EPS. FY 2025 guidance at 10.750-11.00 EPS. On average, sell-side analysts expect that PVH will post 11.67 earnings per share for the current fiscal year.

Institutional Investors Weigh In On PVH

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in PVH. Comerica Bank boosted its holdings in shares of PVH by 0.7% in the first quarter. Comerica Bank now owns 24,728 shares of the textile maker’s stock valued at $1,598,000 after buying an additional 180 shares during the period. State Board of Administration of Florida Retirement System lifted its position in PVH by 0.4% in the 2nd quarter. State Board of Administration of Florida Retirement System now owns 47,572 shares of the textile maker’s stock valued at $3,263,000 after acquiring an additional 180 shares in the last quarter. Osaic Holdings Inc. boosted its stake in PVH by 12.4% in the 2nd quarter. Osaic Holdings Inc. now owns 1,672 shares of the textile maker’s stock worth $114,000 after purchasing an additional 184 shares during the period. Smartleaf Asset Management LLC raised its stake in shares of PVH by 30.0% in the 1st quarter. Smartleaf Asset Management LLC now owns 802 shares of the textile maker’s stock valued at $52,000 after purchasing an additional 185 shares during the period. Finally, Central Pacific Bank Trust Division boosted its position in shares of PVH by 9.9% during the second quarter. Central Pacific Bank Trust Division now owns 2,110 shares of the textile maker’s stock worth $145,000 after buying an additional 190 shares during the period. Hedge funds and other institutional investors own 97.25% of the company’s stock.

PVH Company Profile

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.