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Movado Group, Inc. (MOV)

NYSE - NYSE Delayed Price. Currency in USD
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31.65+0.73 (+2.36%)
At close: 04:00PM EDT
31.65 +0.03 (+0.11%)
After hours: 04:02PM EDT
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  • W
    William
    In the July 31 10-Q, on p. 3, it looks like there has been about $150 million dollars written off in 2020 in Goodwill and Other intangible assets. What I do not understand is that there is a current liability of $6.77 million for income taxes payable. There is also a deferred liability of $20.74 million for non-current income taxes payable. With roughly $150 million in losses from intangible assets, why is there any income tax liability?

    Also, even after these write downs, the balance sheet looks great with about $16 in tangible book value. With a current share price of around $10, MOV could double or triple once the pandemic is over.
  • K
    Kyle
    This stock has tripled in price since November. Why is no one talking about it?
  • O
    Oz
    Movado Sales Better Than Expected, Company Raises Annual Guidance.
  • S
    SS
    Is it a good time to buy?
  • O
    Oz
    People are spending $$$. consumer spending is way up so will Movado.
    Just saying.
  • R
    Roger
    Today is a great buying opportunity on an over done low volume sell off before earnings- love days like this.
  • t
    tanner
    get it to 10$ so i can get some
    Bullish
  • P
    Pat
    Im liking what Im seeing nice turnaround
  • D
    Dozer
    Wow this is like watching paint dry but I think we tested the $9.60 lows. Seems to be inching up.
  • D
    Dozer
    Stock has been lagging since the spring last year. I am expecting a strong Christmas season. I see targeted ads for Movado brands and Connect 2.0 looks good. Optimistic
    Bullish
  • D
    Dozer
    This is painful. Gotta turnaround. Company does everything right, it’s just in a industry the market is weary of
  • D
    Dozer
    I think we put in the low. The stocks trading at 1x, which is crazy. I suspect a dividend will come back in time or maybe they just try to focus on the SP. Would be nice to see some
    Insider buying.
  • R
    Roger
    Hate to think what their stock would of done if they would of missed their numbers ! lol....
  • M
    MMI
    I'm not in this equity but CEO Grinberg is taking out $5.5 million a year in salary+
    He's Overpaid and He Under-Delivered. He's not giving back a cent as shareholders take the full hit for his excuses.
  • I
    Iaxgbby
    There is Bullish crossover in MACD and Stochastic oscillator at foxchart.
  • Y
    Yahoo Finance Insights
    Movado reached a 52 Week high at 23.25
  • D
    Dozer
    Such such small volume and we still getting these gains. Let’s go
    Bullish
  • J
    Joe
    If the market was unstable there wouldn't be one. It is the one thing that you can count on being there forever. If there is not market there is no United States of America. It goes up and down based on various criteria. Don't blame the market for your losses, blame your due diligence.
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