PVH Corp. (NYSE:PVH) has been given a $143.00 target price by stock analysts at Piper Jaffray Companies in a research report issued to clients and investors on Monday. The firm presently has a “buy” rating on the textile maker’s stock. Piper Jaffray Companies’ target price would indicate a potential upside of 17.12% from the stock’s current price.

Several other equities research analysts have also weighed in on the stock. Bank of America Corporation assumed coverage on shares of PVH Corp. in a report on Thursday. They issued a “buy” rating and a $146.00 target price on the stock. BidaskClub upgraded shares of PVH Corp. from a “hold” rating to a “buy” rating in a report on Monday, July 31st. Cowen and Company set a $120.00 target price on shares of PVH Corp. and gave the stock a “buy” rating in a report on Thursday, July 27th. Buckingham Research reiterated a “buy” rating and issued a $127.00 target price on shares of PVH Corp. in a report on Monday, July 17th. Finally, FBR & Co assumed coverage on shares of PVH Corp. in a report on Tuesday, July 11th. They issued an “outperform” rating and a $135.00 target price on the stock. Three analysts have rated the stock with a hold rating and nineteen have issued a buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $125.47.

PVH Corp. (NYSE PVH) opened at 122.10 on Monday. PVH Corp. has a 12-month low of $84.53 and a 12-month high of $122.75. The company has a market cap of $9.50 billion, a PE ratio of 25.24 and a beta of 0.51. The firm has a 50 day moving average price of $112.65 and a 200 day moving average price of $101.15.

PVH Corp. (NYSE:PVH) last announced its quarterly earnings data on Wednesday, May 24th. The textile maker reported $1.65 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.60 by $0.05. The firm had revenue of $1.99 billion for the quarter, compared to analysts’ expectations of $1.96 billion. PVH Corp. had a net margin of 4.69% and a return on equity of 11.57%. The business’s revenue for the quarter was up 3.7% on a year-over-year basis. During the same period last year, the firm earned $1.50 earnings per share. On average, analysts anticipate that PVH Corp. will post $7.52 earnings per share for the current fiscal year.

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In related news, SVP Dana Perlman sold 769 shares of the firm’s stock in a transaction on Friday, June 30th. The shares were sold at an average price of $114.77, for a total value of $88,258.13. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Mark D. Fischer sold 1,500 shares of the firm’s stock in a transaction on Wednesday, June 28th. The shares were sold at an average price of $115.00, for a total transaction of $172,500.00. The disclosure for this sale can be found here. In the last ninety days, insiders sold 59,627 shares of company stock valued at $6,584,743. 1.50% of the stock is owned by insiders.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in PVH. Advisors Asset Management Inc. increased its position in PVH Corp. by 28.2% in the second quarter. Advisors Asset Management Inc. now owns 927 shares of the textile maker’s stock worth $106,000 after buying an additional 204 shares during the period. FNY Partners Fund LP increased its position in PVH Corp. by 53.3% in the first quarter. FNY Partners Fund LP now owns 1,150 shares of the textile maker’s stock worth $118,000 after buying an additional 400 shares during the period. Penserra Capital Management LLC increased its position in PVH Corp. by 9.5% in the first quarter. Penserra Capital Management LLC now owns 1,334 shares of the textile maker’s stock worth $138,000 after buying an additional 116 shares during the period. NINE MASTS CAPITAL Ltd acquired a new position in PVH Corp. during the first quarter worth $155,000. Finally, Financial Architects Inc increased its position in PVH Corp. by 261.6% in the first quarter. Financial Architects Inc now owns 1,602 shares of the textile maker’s stock worth $166,000 after buying an additional 1,159 shares during the period. 97.42% of the stock is owned by institutional investors and hedge funds.

PVH Corp. Company Profile

PVH Corp. is an apparel company. The Company operates through three segments: Calvin Klein, which consists of the Calvin Klein North America and Calvin Klein International segments; Tommy Hilfiger, which consists of the Tommy Hilfiger North America and Tommy Hilfiger International segments, and Heritage Brands, which consists of the Heritage Brands Wholesale and Heritage Brands Retail segments.

Analyst Recommendations for PVH Corp. (NYSE:PVH)

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