PVH (NYSE:PVH – Get Free Report) had its price target cut by JPMorgan Chase & Co. from $84.00 to $83.00 in a report issued on Thursday, Benzinga reports. The firm presently has an “underweight” rating on the textile maker’s stock. JPMorgan Chase & Co.‘s target price would suggest a potential upside of 14.01% from the company’s current price.
PVH has been the subject of a number of other reports. The Goldman Sachs Group lowered their price target on shares of PVH from $93.00 to $87.00 and set a “buy” rating for the company in a report on Friday, June 5th. Bank of America restated an “underperform” rating and set a $70.00 target price (down from $90.00) on shares of PVH in a research report on Thursday, June 25th. Evercore set a $79.00 target price on shares of PVH and gave the stock an “in-line” rating in a research note on Thursday, June 4th. Weiss Ratings upgraded PVH from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday. Finally, Wells Fargo & Company reduced their price target on PVH from $85.00 to $78.00 and set an “equal weight” rating on the stock in a research note on Friday, June 5th. Six research analysts have rated the stock with a Buy rating, five have given a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, PVH presently has an average rating of “Hold” and an average price target of $86.09.
Read Our Latest Research Report on PVH
PVH Price Performance
PVH (NYSE:PVH – Get Free Report) last announced its earnings results on Wednesday, September 2nd. The textile maker reported $3.70 earnings per share for the quarter, beating the consensus estimate of $3.08 by $0.62. The firm had revenue of $2.10 billion during the quarter, compared to the consensus estimate of $2.09 billion. PVH had a net margin of 1.76% and a return on equity of 10.87%. The firm’s revenue for the quarter was down 3.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.52 EPS. PVH has set its Q3 2026 guidance at 2.500-2.650 EPS and its FY 2026 guidance at 11.800-12.100 EPS. As a group, research analysts predict that PVH will post 12.01 EPS for the current fiscal year.
Institutional Investors Weigh In On PVH
Several hedge funds have recently modified their holdings of PVH. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of PVH by 26.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 24,931 shares of the textile maker’s stock worth $1,612,000 after purchasing an additional 5,240 shares during the period. Goldman Sachs Group Inc. raised its holdings in PVH by 79.8% in the first quarter. Goldman Sachs Group Inc. now owns 553,500 shares of the textile maker’s stock valued at $35,778,000 after buying an additional 245,740 shares during the period. Caxton Associates LLP purchased a new position in PVH in the first quarter valued at approximately $226,000. United Services Automobile Association acquired a new position in PVH during the first quarter valued at approximately $240,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in PVH by 9.3% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 353,847 shares of the textile maker’s stock worth $22,873,000 after buying an additional 30,077 shares during the period. 97.25% of the stock is owned by institutional investors and hedge funds.
PVH News Summary
Here are the key news stories impacting PVH this week:
- Positive Sentiment: Adjusted earnings beat estimates: PVH reported adjusted EPS of $3.70 versus the $3.08 consensus, helped by $107 million in tariff refunds, lower product costs, digital growth and disciplined expense management. Revenue of $2.10 billion was broadly in line with expectations. PVH Corp. Q2 Earnings Beat on Tariff Refunds, Revenues in Line
- Positive Sentiment: Share repurchases provide support: PVH plans to repurchase at least $300 million of stock in fiscal 2026. At roughly seven times estimated ex-tariff earnings, some analysts view the valuation as attractive, particularly if margins and regional performance improve. PVH: Buybacks And Valuation Create An Upside Opportunity
- Positive Sentiment: Full-year outlook reaffirmed: Management maintained fiscal 2026 adjusted EPS guidance of $11.80 to $12.10, close to the analyst consensus, signaling confidence in its PVH+ Plan and ongoing direct-to-consumer initiatives.
- Neutral Sentiment: Analyst remains bullish despite a target cut: Needham reduced its price target from $102 to $95 but retained a Buy rating, leaving substantial implied upside based on the cited share price. Needham Lowers PVH Price Target While Maintaining Buy Rating
- Negative Sentiment: Underlying sales remain weak: Revenue declined about 3% year over year. Calvin Klein sales fell, EMEA was pressured by geopolitical and economic conditions, and overall direct-to-consumer revenue was approximately flat, although Asia-Pacific grew.
- Negative Sentiment: GAAP loss and conservative near-term guidance: PVH posted a $102.9 million GAAP loss, including a $439 million noncash goodwill impairment charge, versus a profit a year earlier. Third-quarter EPS guidance of $2.50 to $2.65 is well below the $3.17 consensus, highlighting continued operating risk. PVH Reports Second-Quarter Revenue and GAAP Loss
PVH Company Profile
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.
Featured Articles
- Five stocks we like better than PVH
- The Path to $230 Billion: Broadcom Outlines the Next Phase of Its AI Growth Story
- NVIDIA’s Hugging Face Deal Raises a Bigger Question About Its AI Moat Now
- Dropping the Dough: Yum! Brands Strategically Trims the Fat
- These 3 Stock Charts Just Flashed the Dreaded Death Cross Pattern
Receive News & Ratings for PVH Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PVH and related companies with MarketBeat.com's FREE daily email newsletter.
