PVH (NYSE:PVH) Earns Buy Rating from Analysts at Jefferies Financial Group

Jefferies Financial Group assumed coverage on shares of PVH (NYSE:PVH) in a research report released on Wednesday morning, MarketBeat reports. The brokerage issued a buy rating and a $85.00 target price on the textile maker’s stock.

Several other research analysts have also issued reports on PVH. UBS Group reissued a “buy” rating and set a $148.00 target price on shares of PVH in a research note on Tuesday, November 25th. Citigroup dropped their price objective on shares of PVH from $83.00 to $80.00 and set a “neutral” rating on the stock in a report on Monday, December 8th. Guggenheim assumed coverage on shares of PVH in a research report on Tuesday, December 9th. They set a “neutral” rating on the stock. Wells Fargo & Company decreased their target price on PVH from $88.00 to $85.00 and set an “equal weight” rating for the company in a research report on Friday, December 5th. Finally, Telsey Advisory Group reaffirmed an “outperform” rating and set a $95.00 price target on shares of PVH in a research note on Thursday, December 4th. Nine equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to data from MarketBeat, PVH has an average rating of “Moderate Buy” and a consensus price target of $91.93.

PVH Stock Down 4.3%

Shares of PVH stock opened at $64.65 on Wednesday. The stock’s 50-day moving average is $73.47 and its 200 day moving average is $77.37. PVH has a one year low of $59.28 and a one year high of $97.04. The firm has a market cap of $2.96 billion, a price-to-earnings ratio of 9.69, a PEG ratio of 2.40 and a beta of 1.73. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.47 and a quick ratio of 0.72.

PVH (NYSE:PVH) last issued its quarterly earnings results on Wednesday, December 3rd. The textile maker reported $2.83 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.56 by $0.27. The firm had revenue of $2.29 billion for the quarter, compared to analyst estimates of $2.28 billion. PVH had a return on equity of 11.44% and a net margin of 3.87%.The company’s revenue was up 1.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $3.03 earnings per share. PVH has set its Q4 2025 guidance at 3.200-3.350 EPS and its FY 2025 guidance at 10.850-11.000 EPS. Equities research analysts anticipate that PVH will post 11.67 EPS for the current year.

PVH Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 17th. Shareholders of record on Wednesday, November 26th were paid a dividend of $0.0375 per share. The ex-dividend date was Wednesday, November 26th. This represents a $0.15 dividend on an annualized basis and a yield of 0.2%. PVH’s payout ratio is 2.25%.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Danske Bank A S bought a new stake in PVH during the third quarter worth $25,000. Saranac Partners Ltd purchased a new position in PVH during the 3rd quarter worth $30,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. bought a new stake in shares of PVH in the 2nd quarter worth $38,000. UMB Bank n.a. grew its stake in shares of PVH by 63.3% in the 2nd quarter. UMB Bank n.a. now owns 619 shares of the textile maker’s stock worth $42,000 after acquiring an additional 240 shares in the last quarter. Finally, Hantz Financial Services Inc. raised its holdings in shares of PVH by 1,284.4% in the second quarter. Hantz Financial Services Inc. now owns 623 shares of the textile maker’s stock valued at $43,000 after purchasing an additional 578 shares during the last quarter. Institutional investors own 97.25% of the company’s stock.

About PVH

PVH Corp is a leading global apparel company known for its portfolio of iconic brands in the dress shirt, sportswear and lifestyle categories. The company designs, markets and distributes clothing, accessories and fragrances under both owned and licensed brands. PVH’s core brand holdings include Calvin Klein and Tommy Hilfiger, complemented by a range of heritage labels such as Van Heusen, IZOD, ARROW, Warner’s and Olga.

PVH’s operations span the entire value chain from product design and development to manufacturing, marketing and distribution.