PVH (NYSE:PVH) SVP James Holmes sold 1,008 shares of PVH stock in a transaction that occurred on Tuesday, April 10th. The shares were sold at an average price of $157.44, for a total transaction of $158,699.52. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
Shares of PVH opened at $162.25 on Friday. The firm has a market cap of $12,150.99, a P/E ratio of 20.43, a PEG ratio of 1.33 and a beta of 0.74. PVH has a 1-year low of $96.85 and a 1-year high of $162.79. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.77 and a current ratio of 1.62.
PVH (NYSE:PVH) last issued its earnings results on Wednesday, March 28th. The textile maker reported $1.58 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.47 by $0.11. The business had revenue of $2.50 billion for the quarter, compared to the consensus estimate of $2.35 billion. PVH had a net margin of 6.03% and a return on equity of 12.03%. The firm’s revenue for the quarter was up 18.5% on a year-over-year basis. During the same period in the previous year, the company earned $1.23 earnings per share. analysts predict that PVH will post 9.14 earnings per share for the current year.
A number of analysts have recently issued reports on PVH shares. Wells Fargo lifted their price objective on shares of PVH from $158.00 to $165.00 and gave the company an “outperform” rating in a report on Wednesday, January 3rd. Zacks Investment Research downgraded shares of PVH from a “buy” rating to a “hold” rating in a report on Wednesday, January 17th. Credit Suisse Group started coverage on shares of PVH in a report on Monday, March 12th. They issued an “outperform” rating and a $175.00 price objective on the stock. Instinet started coverage on shares of PVH in a report on Thursday, February 15th. They issued a “neutral” rating and a $150.00 price objective on the stock. Finally, Deutsche Bank upgraded shares of PVH from a “hold” rating to a “buy” rating and set a $131.00 price objective on the stock in a report on Wednesday, February 7th. Four equities research analysts have rated the stock with a hold rating and seventeen have given a buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of $159.32.
Institutional investors and hedge funds have recently modified their holdings of the stock. Cerebellum GP LLC acquired a new position in PVH during the fourth quarter worth $131,000. Squar Milner Financial Services LLC acquired a new position in PVH during the fourth quarter worth $212,000. Conning Inc. acquired a new position in PVH during the fourth quarter worth $220,000. Everence Capital Management Inc. acquired a new position in PVH during the fourth quarter worth $248,000. Finally, Visionary Asset Management Inc. acquired a new position in PVH during the third quarter worth $266,000. Institutional investors and hedge funds own 96.12% of the company’s stock.
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PVH Corp. operates as an apparel company in the United States and internationally. The company operates through Calvin Klein North America, Calvin Klein International, Tommy Hilfiger North America, Tommy Hilfiger International, Heritage Brands Wholesale, and Heritage Brands Retail segments. It designs, markets, and retails men's and women's apparel and accessories, branded dress shirts, neckwear, sportswear, jeans wear, intimate apparel, swim products, handbags, footwear, golf apparel, fragrances, cosmetics, eyewear, socks, jewelry, watches, outerwear, small leather goods, and furnishings, as well as other related products.
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