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. Most recently, Yahoo Finance reported about the stock as it publicized that PVH Corp. Reports 2023 Fourth Quarter Revenue and Earnings Above Guidance and Provides 2024 Outlook.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

PVH belongs to the Consumer Cyclical sector of the NYSE while operating in the Apparel Manufacturing industry. The current market capitalization of PVH Corp is $6.38B. A total of 1.05 million shares were traded on the day, compared to an average of 975.18K shares.

In the most recent transaction, FISCHER MARK D sold 3,500 shares of PVH for 123.00 per share on Jan 11 ’24. After the transaction, the EVP, General Counsel & Sec. now owns 27,903 company shares. In a previous transaction on Dec 21 ’23, FULLER JULIE sold 3,650 shares at 120.79 per share. PVH shares that Chief People Officer owns now total 16,191.

Among the insiders who sold shares, HAGMAN MARTIJN disposed of 18,900 shares on Dec 14 ’23 at a per-share price of $115.69. This resulted in the CEO TH Global/PVH Europe holding 49,514 shares of PVH after the transaction. In another insider transaction, FISCHER MARK D sold 5,100 shares at $115.00 per share on Dec 14 ’23. Company shares held by the EVP, General Counsel & Sec. now total 28,579.

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 0.14%, and it has a price to earnings (P/E) ratio of 10.18. PVH’s most recent ex-dividend date was 3/5/2024 when it declared a $0.0375 quarterly dividend that was paid in cash on 3/27/2024. Previously, the company paid the dividend on 12/20/2023 with an ex-dividend date of 11/28/2023. 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. In terms of 52-week highs and lows, PVH has a high of $141.15 and a low of $69.27.

As of this writing, PVH has an earnings estimate of $2.16 per share for the current quarter. EPS was calculated based on a consensus of 14 estimates, with a high estimate of $2.28 per share and a lower estimate of $2.03. The company reported an EPS of $2.9 in the last quarter, which was 5.80% higher than expectations of $2.74.

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 $88.82, 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 4.43.

Most Popular

Related Posts