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Tuesday, September 26, 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 same, with the stock’s consolidated last price remained same to $83.50. The PVH Corp. has recorded 34,730 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that PVH Corp. Reports Strong 2023 Second Quarter Results; Updates Full Year GAAP EPS Outlook to Reflect Restructuring Charges and Raises Full Year Non-GAAP EPS Outlook.

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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 $83.50 and fluctuated between $84.12 as its day high and $82.28 as its day low. The current market capitalization of PVH Corp. is $5.24B. A total of 0.89 million shares were traded on the day, compared to an average of 945.63K 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 10 BUY and 4 SELL insider trades, representing the acquisition of 24,748 and the disposition of 9,988 shares. Over the last 12 months, there were 23 BUYs and 35 SELLs from insiders. Insiders purchased 168,817 shares during that period but sold 64,632.

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.


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 0.18%, and it has a price to earnings (P/E) ratio of 28.43. PVH’s most recent ex-dividend date was 9/5/2023 when it declared a $0.0375 quarterly dividend that was paid in cash on 9/27/2023. Previously, the company paid the dividend on 6/28/2023 with an ex-dividend date of 6/6/2023. 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 $99.25 with high estimates of $125.00 and low estimates of $80.00. 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 $PVH Corp. per share for the current quarter. EPS was calculated based on a consensus of Parker-Hannifin Corporation estimates, with a high estimate of $PotlatchDeltic Corporation – Co per share and a lower estimate of $Permianville Royalty Trust Trus.

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. PVH’s latest balance sheet shows that the firm has $1.24B in Cash & Short Term Investments as of fiscal 2022. There were $3.95B in debt and $2.79B in liabilities at the time. Its Book Value Per Share was $81.76, while its Total Shareholder’s Equity was $5.29B.

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, 0 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 Buy with a score of 3.88.

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