PVH Corp. (NYSE:PVH) Given Consensus Rating of "Moderate Buy" by Brokerages

Shares of PVH Corp. (NYSE:PVH - Get Free Report) have received a consensus recommendation of "Moderate Buy" from the fifteen analysts that are covering the firm, MarketBeat reports. Seven analysts have rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $105.40.

Several equities research analysts recently weighed in on the stock. Morgan Stanley reduced their price objective on shares of PVH from $95.00 to $86.00 and set an "equal weight" rating for the company in a report on Wednesday, April 2nd. JPMorgan Chase & Co. cut their price target on shares of PVH from $91.00 to $87.00 and set a "neutral" rating for the company in a report on Monday, April 14th. Barclays upped their price target on shares of PVH from $98.00 to $103.00 and gave the company an "overweight" rating in a report on Thursday, April 3rd. Evercore ISI cut their price target on shares of PVH from $139.00 to $105.00 and set an "outperform" rating for the company in a report on Tuesday, April 1st. Finally, Jefferies Financial Group cut their price target on shares of PVH from $101.00 to $80.00 and set a "hold" rating for the company in a report on Wednesday, April 2nd.

Hedge Funds Weigh In On PVH

A number of hedge funds have recently added to or reduced their stakes in the company. State of Alaska Department of Revenue increased its holdings in PVH by 2.3% in the first quarter. State of Alaska Department of Revenue now owns 6,517 shares of the textile maker's stock worth $421,000 after buying an additional 149 shares during the last quarter. PKO Investment Management Joint Stock Co increased its holdings in PVH by 100.0% in the first quarter. PKO Investment Management Joint Stock Co now owns 5,000 shares of the textile maker's stock worth $323,000 after buying an additional 2,500 shares during the last quarter. Janney Montgomery Scott LLC increased its holdings in PVH by 2.9% in the first quarter. Janney Montgomery Scott LLC now owns 13,590 shares of the textile maker's stock worth $878,000 after buying an additional 377 shares during the last quarter. Fort Washington Investment Advisors Inc. OH increased its holdings in PVH by 9.6% in the first quarter. Fort Washington Investment Advisors Inc. OH now owns 209,460 shares of the textile maker's stock worth $13,539,000 after buying an additional 18,370 shares during the last quarter. Finally, Visionary Horizons LLC acquired a new position in PVH in the first quarter worth approximately $513,000. Institutional investors and hedge funds own 97.25% of the company's stock.

PVH Stock Performance

PVH stock traded up $2.69 during trading on Friday, reaching $74.35. 133,207 shares of the company's stock were exchanged, compared to its average volume of 1,345,751. PVH has a 1-year low of $59.28 and a 1-year high of $124.68. The firm has a market cap of $3.91 billion, a PE ratio of 6.05, a P/E/G ratio of 0.77 and a beta of 1.89. The company's fifty day moving average price is $70.14 and its 200-day moving average price is $89.27. The company has a quick ratio of 0.69, a current ratio of 1.29 and a debt-to-equity ratio of 0.31.

PVH (NYSE:PVH - Get Free Report) last posted its quarterly earnings data on Monday, March 31st. The textile maker reported $3.27 earnings per share for the quarter, topping the consensus estimate of $3.19 by $0.08. The business had revenue of $2.37 billion during the quarter, compared to the consensus estimate of $2.34 billion. PVH had a net margin of 8.13% and a return on equity of 13.66%. The company's quarterly revenue was down 4.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $3.72 earnings per share. On average, research analysts expect that PVH will post 11.67 EPS for the current fiscal year.

PVH Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 26th. Stockholders of record on Wednesday, March 5th were issued a $0.0375 dividend. The ex-dividend date was Wednesday, March 5th. This represents a $0.15 dividend on an annualized basis and a dividend yield of 0.20%. PVH's dividend payout ratio is 1.42%.

PVH Company Profile

PVH Corp. operates as an apparel company in the United States and internationally. The company operates through Tommy Hilfiger North America, Tommy Hilfiger International, Calvin Klein North America, Calvin Klein International, and Heritage Brands Wholesale segments. It designs and markets men's, women's, and children's branded apparel, footwear and accessories, underwear, sleepwear, outerwear, home furnishings, luggage, dresses, suits and swimwear, activewear, sportswear, socks and accessories, outerwear, golf products, footwear, watches and jewelry, eyeglasses and non-ophthalmic sunglasses, jeans wear, performance apparel, intimate apparel, dress shirts, handbags, fragrance, small leather goods, and other related products; and men's and boy's tailored clothing products, duvets, pillows, mattress pads and toppers, and feather beds.