PVH Corp. (NYSE:PVH) has been assigned a $140.00 target price by research analysts at Cowen and Company in a report released on Friday. The brokerage presently has a “buy” rating on the textile maker’s stock. Cowen and Company’s price target points to a potential upside of 15.10% from the company’s previous close.

PVH has been the subject of a number of other research reports. Zacks Investment Research upgraded PVH Corp. from a “hold” rating to a “buy” rating and set a $117.00 target price for the company in a report on Thursday, June 22nd. BidaskClub upgraded PVH Corp. from a “hold” rating to a “buy” rating in a report on Monday, July 31st. Buckingham Research restated a “buy” rating and set a $127.00 target price on shares of PVH Corp. in a report on Monday, July 17th. Piper Jaffray Companies set a $120.00 target price on PVH Corp. and gave the company a “buy” rating in a report on Thursday, May 25th. Finally, ValuEngine upgraded PVH Corp. from a “hold” rating to a “buy” rating in a report on Tuesday, June 27th. Three equities research analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has assigned a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $126.53.

Shares of PVH Corp. (NYSE:PVH) traded up 1.28% on Friday, reaching $123.19. 55,888 shares of the company were exchanged. PVH Corp. has a 12 month low of $84.53 and a 12 month high of $126.11. The company has a market cap of $9.59 billion, a price-to-earnings ratio of 25.47 and a beta of 0.51. The company’s 50-day moving average price is $116.04 and its 200 day moving average price is $102.44.

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

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In other news, SVP Dana Perlman sold 769 shares of the stock in a transaction on Friday, June 30th. The stock was sold at an average price of $114.77, for a total value of $88,258.13. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, COO Michael A. Shaffer sold 45,525 shares of the stock in a transaction on Thursday, July 6th. The stock was sold at an average price of $111.37, for a total value of $5,070,119.25. The disclosure for this sale can be found here. Over the last three months, insiders sold 59,627 shares of company stock worth $6,584,743. Insiders own 1.30% of the company’s stock.

Several large investors have recently added to or reduced their stakes in PVH. Thrivent Financial For Lutherans boosted its stake in PVH Corp. by 25.2% in the second quarter. Thrivent Financial For Lutherans now owns 159,482 shares of the textile maker’s stock worth $18,261,000 after buying an additional 32,094 shares in the last quarter. Westfield Capital Management Co. LP boosted its stake in PVH Corp. by 15.7% in the second quarter. Westfield Capital Management Co. LP now owns 222,481 shares of the textile maker’s stock worth $25,474,000 after buying an additional 30,191 shares in the last quarter. PNC Financial Services Group Inc. boosted its stake in PVH Corp. by 0.8% in the second quarter. PNC Financial Services Group Inc. now owns 14,310 shares of the textile maker’s stock worth $1,638,000 after buying an additional 107 shares in the last quarter. Profund Advisors LLC bought a new stake in PVH Corp. during the second quarter worth approximately $243,000. Finally, NINE MASTS CAPITAL Ltd boosted its stake in PVH Corp. by 140.0% in the second quarter. NINE MASTS CAPITAL Ltd now owns 3,600 shares of the textile maker’s stock worth $412,000 after buying an additional 2,100 shares in the last quarter. 97.42% of the stock is currently owned by hedge funds and other institutional investors.

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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