Movado Group (MOV) to Release Quarterly Earnings on Tuesday

Movado Group (NYSE:MOV - Get Free Report) is anticipated to post its quarterly earnings results before the market opens on Tuesday, March 25th. Analysts expect Movado Group to post earnings of $0.39 per share and revenue of $180.62 million for the quarter.

Movado Group Stock Down 1.9 %

Movado Group stock traded down $0.35 during mid-day trading on Friday, hitting $17.63. 149,421 shares of the company's stock traded hands, compared to its average volume of 185,815. Movado Group has a one year low of $17.24 and a one year high of $28.26. The firm has a 50 day moving average price of $19.10 and a 200 day moving average price of $19.43. The company has a market cap of $390.27 million, a PE ratio of 16.97 and a beta of 0.96.

Analyst Upgrades and Downgrades

MOV has been the subject of a number of recent analyst reports. StockNews.com lowered shares of Movado Group from a "buy" rating to a "hold" rating in a research report on Tuesday, March 4th. BWS Financial initiated coverage on shares of Movado Group in a research note on Thursday, January 2nd. They set a "buy" rating and a $31.50 price objective on the stock.

Movado Group Company Profile

Movado Group, Inc designs, sources, markets, and distributes watches in the United States and internationally. The company operates in two segments, Watch and Accessory Brands, and Company Stores. The company offers its watches under the Movado, Concord, Ebel, Olivia Burton, and MVMT brands, as well as licensed brands comprising Coach, Tommy Hilfiger, HUGO BOSS, Lacoste, and Calvin Klein.