PVH (NYSE:PVH) Posts Quarterly Earnings Results

PVH (NYSE:PVH) announced its quarterly earnings data on Monday. The textile maker reported $3.27 earnings per share for the quarter, topping analysts’ consensus estimates of $3.19 by $0.08, Briefing.com reports. The firm had revenue of $2.37 billion during the quarter, compared to analyst estimates of $2.34 billion. PVH had a net margin of 8.13% and a return on equity of 13.66%. The business’s quarterly revenue was down 4.8% on a year-over-year basis. During the same period in the previous year, the business posted $3.72 EPS. PVH updated its Q1 guidance to $2.10-2.25 EPS and its FY26 guidance to $12.40-12.75 EPS.

PVH Trading Up 0.0 %

PVH traded up $0.01 on Monday, reaching $64.70. 2,103,013 shares of the company traded hands, compared to its average volume of 923,359. 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 company has a market cap of $3.60 billion, a P/E ratio of 5.27, a price-to-earnings-growth ratio of 0.77 and a beta of 2.10. The firm has a fifty day simple moving average of $76.92 and a two-hundred day simple moving average of $92.92. PVH has a one year low of $62.80 and a one year high of $141.15.

PVH Dividend Announcement

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

Analyst Ratings Changes

PVH has been the subject of a number of recent analyst reports. StockNews.com lowered shares of PVH from a “buy” rating to a “hold” rating in a report on Thursday, February 6th. Jefferies Financial Group decreased their price objective on shares of PVH from $104.00 to $101.00 and set a “hold” rating on the stock in a research report on Tuesday, January 28th. Guggenheim raised their target price on PVH from $105.00 to $125.00 and gave the stock a “buy” rating in a research note on Friday, December 6th. Citigroup lowered their price target on PVH from $123.00 to $72.00 and set a “neutral” rating for the company in a research report on Tuesday, March 25th. Finally, Wells Fargo & Company lowered PVH from an “overweight” rating to an “equal weight” rating and cut their price objective for the stock from $130.00 to $105.00 in a research report on Monday, February 3rd. Eight research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $112.27.

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.