Analysts’ expectations for PVH Corp (PVH) stock: $88.94 price target in 12 months

A share price of PVH Corp [PVH] is currently trading at $136.02, up 0.05%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The PVH shares have gain 3.31% over the last week, with a monthly amount glided 13.94%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

PVH Corp [NYSE: PVH] stock has seen the most recent analyst activity on February 16, 2024, when TD Cowen upgraded its rating to a Outperform and also boosted its price target to $150 from $86. Previously, Goldman upgraded its rating to Buy on December 12, 2023, and elevated its price target to $126. On December 12, 2023, Telsey Advisory Group reiterated its Outperform rating and revised its price target to $122 on the stock. Telsey Advisory Group reiterated its Outperform rating and increased its price target to $111 on December 01, 2023. Evercore ISI initiated its recommendation with a Outperform and recommended $100 as its price target on November 07, 2023. JP Morgan upgraded its rating to Overweight for this stock on October 24, 2023, and downed its price target to $119. In a note dated January 20, 2023, Barclays upgraded an Overweight rating on this stock and boosted its target price from $72 to $106.

PVH Corp experienced fluctuations in its stock price throughout the past year between $69.27 and $136.71. Currently, Wall Street analysts expect the stock to reach $88.94 within the next 12 months. PVH Corp [NYSE: PVH] shares were valued at $136.02 at the most recent close of the market. An investor can expect a potential drop of -34.61% based on the average PVH price forecast.

Analyzing the PVH fundamentals

Trailing Twelve Months sales for PVH Corp [NYSE:PVH] were 9.22B which represents 3.60% growth. Gross Profit Margin for this corporation currently stands at -0.03% with Operating Profit Margin at -0.22%, Pretax Profit Margin comes in at -0.24%, and Net Profit Margin reading is -0.51%. To continue investigating profitability, this company’s Return on Assets is posted at -1.53, Equity is -2.61 and Total Capital is -22.65. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -6.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 134.65 points at the first support level, and at 133.28 for the second support level. However, for the 1st resistance point, the stock is sitting at 137.60, and for the 2nd resistance point, it is at 139.18.

PVH Corp [PVH] reported earnings per share of $2.9 for its fiscal quarter that ended on 10/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $2.74/share, meaning a difference of $0.16 and a surprise factor of 5.80%. By comparison, the stated earnings for the previous quarter ended on 7/30/2023 were $1.98 per share as compared to estimates of $1.76 per share, a difference of $0.22 representing a surprise of 12.50%.

Ratios To Look Out For

To put it in perspective, the Current Ratio for PVH Corp [NYSE:PVH] is 1.18. Further, the Quick Ratio stands at 0.66, while the Cash Ratio is 0.05. Considering the valuation of this stock, the price to sales ratio is 0.88, the price to book ratio is 1.61 and price to earnings (TTM) ratio is 16.04.

Transactions by insiders

Recent insider trading involved FISCHER MARK D, EVP, General Counsel & Sec., that happened on Jan 11 when 3500.0 shares were sold. Chief People Officer, FULLER JULIE completed a deal on Dec 21 to sell 3650.0 shares. Meanwhile, CEO TH Global/PVH Europe HAGMAN MARTIJN sold 18900.0 shares on Dec 14.

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