PVH Corp (PVH)’s latest quarter sales figures and margins explained

PVH Corp [PVH] stock prices are down -0.70% to $109.75 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The PVH shares have gain 4.04% over the last week, with a monthly amount drifted -15.94%, and not seem to be holding up well over a long-time horizon.

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On 1, April 2024, PVH Corp. Reports 2023 Fourth Quarter Revenue and Earnings Above Guidance and Provides 2024 Outlook. In a post published today on Yahoo Finance, BOARD AUTHORIZES $2 BILLION INCREASE TO STOCK REPURCHASE PROGRAM.

From an analyst’s perspective:

PVH Corp [NYSE: PVH] stock has seen the most recent analyst activity on April 08, 2024, when JP Morgan reiterated its Overweight rating and also boosted its price target to $157 from $146. Previously, Telsey Advisory Group reaffirmed its Outperform rating on April 03, 2024, and dropped its price target to $140. On March 26, 2024, Telsey Advisory Group reiterated its Outperform rating and revised its price target to $155 on the stock. TD Cowen upgraded its rating to a Outperform and increased its price target to $150 on February 16, 2024. Goldman upgraded its rating to a Buy and raised its price target to $126 on December 12, 2023. Telsey Advisory Group reiterated a Outperform rating for this stock on December 12, 2023, and upped its price target to $122. In a note dated December 01, 2023, Telsey Advisory Group reiterated an Outperform rating on this stock and boosted its target price from $102 to $111.

The stock price of PVH Corp [PVH] has been fluctuating between $69.27 and $141.15 over the past year. Currently, Wall Street analysts expect the stock to reach $116.26 within the next 12 months. PVH Corp [NYSE: PVH] shares were valued at $109.75 at the most recent close of the market. An investor can expect a potential return of 5.93% based on the average PVH price forecast.

Analyzing the PVH fundamentals

The PVH Corp [NYSE:PVH] reported sales of 9.22B for trailing twelve months, representing a surge of 0.05%. Gross Profit Margin for this corporation currently stands at 0.58% with Operating Profit Margin at 0.0%, Pretax Profit Margin comes in at 0.09%, and Net Profit Margin reading is 0.07%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.13 and Total Capital is 0.0. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.48.

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 107.94 points at the first support level, and at 106.13 for the second support level. However, for the 1st resistance point, the stock is sitting at 111.29, and for the 2nd resistance point, it is at 112.83.

PVH Corp [PVH] reported earnings per share of $3.72 for its fiscal quarter that ended on 1/30/2024. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $3.53/share, meaning a difference of $0.19 and a surprise factor of 5.40%. By comparison, the stated earnings for the previous quarter ended on 10/30/2023 were $2.9 per share as compared to estimates of $2.74 per share, a difference of $0.16 representing a surprise of 5.80%.

Ratios To Look Out For

It’s worth pointing out that PVH Corp [NYSE:PVH]’s Current Ratio is 1.18. On the other hand, the Quick Ratio is 0.66, and the Cash Ratio is 0.26. Considering the valuation of this stock, the price to sales ratio is 0.69, the price to book ratio is 1.24 and price to earnings (TTM) ratio is 10.11.

Transactions by insiders

Recent insider trading involved FISCHER MARK D, EVP, General Counsel & Sec., that happened on Jan 11 ’24 when 3500.0 shares were sold. Chief People Officer, FULLER JULIE completed a deal on Dec 21 ’23 to sell 3650.0 shares. Meanwhile, CEO TH Global/PVH Europe HAGMAN MARTIJN sold 18900.0 shares on Dec 14 ’23.

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