At the time of writing, Movado Group, Inc [MOV] stock is trading at $21.3, up 3.25%. An important factor to consider is whether the stock is rising or falling in short-term value. The MOV shares have gain 16.01% over the last week, with a monthly amount glided 16.65%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Movado Group, Inc [NYSE: MOV] stock has seen the most recent analyst activity on January 02, 2025, when BWS Financial initiated its Buy rating and assigned the stock a price target of $31.50. Previously, The Benchmark Company started tracking the stock with Buy rating on September 29, 2023, and set its price target to $41. On August 29, 2019, downgrade downgraded it’s rating to Market Perform and revised its price target to $22 on the stock. Sidoti upgraded its rating to a Buy. Sidoti downgraded its rating to a Neutral. Sidoti upgraded its rating to Buy for this stock on January 30, 2017, but kept the price target unchanged to $34. In a note dated December 15, 2016, Sidoti downgraded an Neutral rating on this stock.
For the past year, the stock price of Movado Group, Inc fluctuated between $12.85 and $22.20. Movado Group, Inc [NYSE: MOV] shares were valued at $21.3 at the most recent close of the market.
Analyzing the MOV fundamentals
According to Movado Group, Inc [NYSE:MOV], the company’s sales were 662.66M for trailing twelve months, which represents an 2.13% jump. Gross Profit Margin for this corporation currently stands at 0.54% with Operating Profit Margin at 0.04%, Pretax Profit Margin comes in at 0.04%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.04 and Total Capital is 0.04. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.17.
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 20.71 points at the first support level, and at 20.12 for the second support level. However, for the 1st resistance point, the stock is sitting at 21.64, and for the 2nd resistance point, it is at 21.98.
Ratios To Look Out For
It is important to note that Movado Group, Inc [NYSE:MOV] has a current ratio of 4.06. On the other hand, the Quick Ratio is 2.53, and the Cash Ratio is 1.43. Considering the valuation of this stock, the price to sales ratio is 0.50, the price to book ratio is 0.95 and price to earnings (TTM) ratio is 21.86.
