Movado Group (NYSE:MOV) Upgraded by Wall Street Zen to “Strong-Buy” Rating

Wall Street Zen upgraded shares of Movado Group (NYSE:MOV) from a buy rating to a strong-buy rating in a research report released on Saturday.

Several other research firms also recently weighed in on MOV. Northland Securities assumed coverage on shares of Movado Group in a research report on Wednesday. They issued an “outperform” rating and a $30.00 price target on the stock. Northland Capmk raised Movado Group to a “strong-buy” rating in a report on Wednesday. Zacks Research lowered Movado Group from a “hold” rating to a “strong sell” rating in a report on Friday, November 28th. Weiss Ratings restated a “hold (c)” rating on shares of Movado Group in a research report on Monday, December 29th. Finally, BWS Financial reaffirmed a “buy” rating and set a $31.50 price objective on shares of Movado Group in a research report on Wednesday, November 26th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Movado Group presently has an average rating of “Moderate Buy” and a consensus price target of $30.75.

Movado Group Trading Up 1.0%

Shares of MOV opened at $22.63 on Friday. The firm has a market cap of $500.94 million, a PE ratio of 23.33 and a beta of 0.90. The firm has a fifty day simple moving average of $20.31 and a two-hundred day simple moving average of $18.51. Movado Group has a 1-year low of $12.85 and a 1-year high of $22.68.

Movado Group (NYSE:MOV) last released its quarterly earnings results on Tuesday, November 25th. The company reported $0.45 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.12). Movado Group had a return on equity of 5.86% and a net margin of 3.33%.The firm had revenue of $186.13 million during the quarter, compared to analysts’ expectations of $185.89 million. During the same quarter last year, the business earned $0.22 earnings per share. As a group, research analysts forecast that Movado Group will post 1.05 EPS for the current fiscal year.

Movado Group Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 22nd. Stockholders of record on Monday, December 8th were given a dividend of $0.35 per share. The ex-dividend date was Monday, December 8th. This represents a $1.40 annualized dividend and a dividend yield of 6.2%. Movado Group’s dividend payout ratio (DPR) is presently 144.33%.

Hedge Funds Weigh In On Movado Group

Several institutional investors have recently bought and sold shares of the stock. Royal Bank of Canada lifted its stake in Movado Group by 4.1% in the 1st quarter. Royal Bank of Canada now owns 26,524 shares of the company’s stock worth $444,000 after purchasing an additional 1,042 shares in the last quarter. AQR Capital Management LLC increased its holdings in shares of Movado Group by 26.5% in the first quarter. AQR Capital Management LLC now owns 129,746 shares of the company’s stock worth $2,169,000 after purchasing an additional 27,182 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in shares of Movado Group by 212.8% in the first quarter. Goldman Sachs Group Inc. now owns 671,397 shares of the company’s stock worth $11,226,000 after buying an additional 456,727 shares in the last quarter. Empowered Funds LLC boosted its stake in Movado Group by 5.5% during the first quarter. Empowered Funds LLC now owns 108,377 shares of the company’s stock valued at $1,812,000 after buying an additional 5,697 shares during the last quarter. Finally, Jane Street Group LLC boosted its stake in Movado Group by 11.4% during the first quarter. Jane Street Group LLC now owns 104,188 shares of the company’s stock valued at $1,742,000 after buying an additional 10,670 shares during the last quarter. 72.08% of the stock is owned by hedge funds and other institutional investors.

More Movado Group News

Here are the key news stories impacting Movado Group this week:

• Positive Sentiment: Northland initiated coverage with a “Strong‑Buy” and published aggressive multi‑year EPS targets (e.g., FY2026 $1.31, FY2027 $1.54, FY2028 $1.87) — a clear positive catalyst that can prompt analyst revisions and re‑rating of the stock. Northland Securities Initiates Coverage on Movado Group (NYSE:MOV)
• Positive Sentiment: Multiple Northland notes provide quarter‑by‑quarter EPS forecasts (Q4’26, Q1‑Q4’27, Q1‑Q3’28) reinforcing the firm’s confidence in near‑term and medium‑term earnings recovery — supportive for shares if other brokers follow. Movado Group upgraded to Strong‑Buy – Zacks
• Neutral Sentiment: Current consensus for the company’s full‑year earnings remains around $1.05; Northland’s figures exceed that by a wide margin. The divergence creates upside potential but also means the stock will be sensitive to actual quarter results versus these higher expectations.
• Negative Sentiment: Movado recently missed a quarterly EPS estimate (reported $0.45 vs. $0.57 consensus in November), so despite the bullish coverage, any near‑term operational slip or margin pressure could trigger downside as expectations rise.

About Movado Group

Movado Group, Inc is a global designer, manufacturer and distributor of watches and related jewelry products. The company’s portfolio encompasses both owned and licensed brands, offering a wide range of timepieces from luxury to accessible price points. Major owned brands include Movado, Concord, and Ebel, alongside newer acquisitions such as MVMT and Olivia Burton. In addition, Movado Group holds licensing agreements to produce watches under fashion names like Hugo Boss, Tommy Hilfiger, Coach, Lacoste and Scuderia Ferrari.

Movado Group’s product line spans classic dress watches, sport and dive models, fashion-forward designs and limited-edition collections.