PVH Corp (PVH) stock hits $97.11: Is it a good time to buy or wait for a dip?

At the time of writing, PVH Corp [PVH] stock is trading at $97.11, down -0.81%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The PVH shares have lost -4.30% over the last week, with a monthly amount drifted -13.69%, and not 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 April 30, 2024, when Jefferies initiated its Hold rating and assigned the stock a price target of $115. Previously, Wedbush upgraded its rating to Outperform on April 15, 2024, and kept the price target unchanged to $128. On April 08, 2024, JP Morgan reiterated its Overweight rating and revised its price target to $157 on the stock. Telsey Advisory Group reiterated its Outperform rating and decreased its price target to $140 on April 03, 2024. Telsey Advisory Group reiterated its recommendation of a Outperform and raised its price target to $155 on March 26, 2024. TD Cowen upgraded its rating to Outperform for this stock on February 16, 2024, and upped its price target to $150. In a note dated December 12, 2023, Goldman upgraded an Buy rating on this stock and boosted its target price from $99 to $126.

For the past year, the stock price of PVH Corp fluctuated between $69.27 and $141.15. Currently, Wall Street analysts expect the stock to reach $126.69 within the next 12 months. PVH Corp [NYSE: PVH] shares were valued at $97.11 at the most recent close of the market. An investor can expect a potential return of 30.46% based on the average PVH price forecast.

Analyzing the PVH fundamentals

According to PVH Corp [NYSE:PVH], the company’s sales were 9.01B for trailing twelve months, which represents an -9.55% plunge. Gross Profit Margin for this corporation currently stands at 0.59% with Operating Profit Margin at 0.1%, Pretax Profit Margin comes in at 0.09%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.13 and Total Capital is 0.1. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.49.

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 95.48 points at the first support level, and at 93.85 for the second support level. However, for the 1st resistance point, the stock is sitting at 98.34, and for the 2nd resistance point, it is at 99.56.

Ratios To Look Out For

It is important to note that PVH Corp [NYSE:PVH] has a current ratio of 1.55. In addition, the Quick Ratio stands at 0.83 and the Cash Ratio stands at 0.2. Considering the valuation of this stock, the price to sales ratio is 0.60, the price to book ratio is 1.08 and price to earnings (TTM) ratio is 8.59.

Transactions by insiders

Recent insider trading involved HOLMES JAMES, EVP & Controller, that happened on Apr 11 ’24 when 3000.0 shares were sold. EVP, General Counsel & Sec., FISCHER MARK D completed a deal on Jan 11 ’24 to sell 3500.0 shares. Meanwhile, Chief People Officer FULLER JULIE sold 3650.0 shares on Dec 21 ’23.

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