PVH Corp (NYSE:PVH) – Equities research analysts at B. Riley issued their Q3 2019 earnings per share (EPS) estimates for PVH in a research report issued to clients and investors on Tuesday. B. Riley analyst S. Anderson forecasts that the textile maker will post earnings per share of $2.59 for the quarter. B. Riley currently has a “Buy” rating and a $155.00 target price on the stock. B. Riley also issued estimates for PVH’s Q4 2019 earnings at $2.39 EPS and FY2020 earnings at $9.81 EPS.

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Several other analysts have also recently weighed in on the stock. Wells Fargo & Co upped their price objective on shares of PVH from $158.00 to $165.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 3rd. Zacks Investment Research cut shares of PVH from a “buy” rating to a “hold” rating in a research note on Wednesday, January 17th. Barclays set a $156.00 price objective on shares of PVH and gave the stock a “buy” rating in a research note on Saturday, December 2nd. Piper Jaffray Companies set a $148.00 price objective on shares of PVH and gave the stock a “buy” rating in a research note on Monday, November 27th. Finally, JPMorgan Chase & Co. set a $160.00 price objective on shares of PVH and gave the stock a “buy” rating in a research note on Thursday, November 30th. Five equities research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of $149.79.

Shares of PVH (PVH) traded up $0.97 during trading on Thursday, reaching $143.62. 943,499 shares of the company’s stock traded hands, compared to its average volume of 767,745. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.82 and a quick ratio of 0.97. The company has a market capitalization of $10,973.97, a PE ratio of 21.37, a price-to-earnings-growth ratio of 1.23 and a beta of 0.71. PVH has a 1 year low of $88.89 and a 1 year high of $157.96.

PVH (NYSE:PVH) last issued its quarterly earnings data on Wednesday, November 29th. The textile maker reported $3.02 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $2.91 by $0.11. The firm had revenue of $2.36 billion for the quarter, compared to analysts’ expectations of $2.34 billion. PVH had a net margin of 6.22% and a return on equity of 11.95%. The company’s quarterly revenue was up 5.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.60 earnings per share.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 28th. Stockholders of record on Wednesday, February 28th will be paid a dividend of $0.038 per share. The ex-dividend date is Tuesday, February 27th. This represents a $0.15 annualized dividend and a dividend yield of 0.11%. PVH’s dividend payout ratio (DPR) is currently 2.23%.

In related news, CEO Emanuel Chirico sold 370,327 shares of the stock in a transaction that occurred on Thursday, December 14th. The shares were sold at an average price of $132.56, for a total value of $49,090,547.12. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CEO Steven B. Shiffman sold 3,100 shares of the stock in a transaction that occurred on Thursday, December 28th. The shares were sold at an average price of $136.38, for a total transaction of $422,778.00. The disclosure for this sale can be found here. Insiders have sold 392,290 shares of company stock worth $52,131,795 over the last three months. 1.30% of the stock is owned by insiders.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Columbus Circle Investors acquired a new position in PVH in the third quarter valued at approximately $30,247,000. IFM Investors Pty Ltd acquired a new position in PVH in the third quarter valued at approximately $311,000. Intrust Bank NA acquired a new position in PVH in the third quarter valued at approximately $490,000. Stevens Capital Management LP acquired a new stake in PVH in the third quarter worth $9,607,000. Finally, Quantbot Technologies LP acquired a new stake in PVH in the third quarter worth $2,986,000. Institutional investors and hedge funds own 98.12% of the company’s stock.

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About PVH

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.

Earnings History and Estimates for PVH (NYSE:PVH)

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