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Tuesday, March 21, 2023

Is PVH Corp. (NYSE: PVH) No Longer A Good Investment?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. After-hours trades for PVH Corp. (PVH) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.48, or -0.66%, to $72.65. The PVH Corp. has recorded 8,362 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed PVH Corp. to Host Conference Call to Discuss Fourth Quarter and Year End 2022 Earnings Results.


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Stocks Info

PVH belongs to the Consumer Cyclical sector of the NYSE while operating in the Apparel Manufacturing industry. At the end of the last regular session, the stock closed at $73.13 and fluctuated between $73.37 as its day high and $69.37 as its day low. The current market capitalization of PVH Corp. is $4.73B. A total of 1.14 million shares were traded on the day, compared to an average of 934.90K shares.

Insider Activity

Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, PVH has seen 0 BUY and 1 SELL insider trades, representing the acquisition of 0 and the disposition of 1,732 shares. Over the last 12 months, there were 26 BUYs and 37 SELLs from insiders. Insiders purchased 192,538 shares during that period but sold 45,108.

In the most recent transaction, FISCHER MARK D sold 1,732 shares of PVH for 81.00 per share on Jan 11. After the transaction, the EVP, General Counsel & Sec. now owns 32,468 company shares. In a previous transaction on Dec 09, HOLMES JAMES sold 4,417 shares at 74.68 per share. PVH shares that EVP & Controller owns now total 15,420.

Among the insiders who bought shares, Larsson Stefan acquired of 18,540 shares on Sep 06 at a per-share price of $53.94. This resulted in the Chief Executive Officer holding 136,541 shares of PVH after the transaction. In another insider transaction, HAGMAN MARTIJN bought 1,856 shares at $53.93 per share on Sep 06. Company shares held by the CEO TH Global/PVH Europe now total 51,422.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. PVH Corp. pays an annual dividend of $0.15, resulting in a dividend yield of 0.21%, and it has a price to earnings (P/E) ratio of 11.60. PVH’s most recent ex-dividend date was 3/7/2023 when it declared a $0.0375 quarterly dividend that was paid in cash on 3/29/2023. Previously, the company paid the dividend on 12/21/2022 with an ex-dividend date of 11/29/2022. The PVH stock dividend was $0.0375 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for PVH in the last 3 months, the mean price target is $86.56 with high estimates of $110.00 and low estimates of $51.00. In terms of 52-week highs and lows, PVH has a high of $94.51 and a low of $43.49.

As of this writing, PVH has an earnings estimate of $1.67 per share for the current quarter. EPS was calculated based on a consensus of 16 estimates, with a high estimate of $1.88 per share and a lower estimate of $1.61. The company reported an EPS of $2.08 in the last quarter, which was 3.50% higher than expectations of $2.01.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 18 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for PVH is Underweight with a score of 3.67. A total of 7 analysts rated the stock as Buy while 2 rated it as Overweight while 9 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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