|Bid||33.20 x 900|
|Ask||34.73 x 800|
|Day's Range||33.45 - 34.00|
|52 Week Range||28.76 - 53.73|
|Beta (3Y Monthly)||0.43|
|PE Ratio (TTM)||13.02|
|Earnings Date||May 28, 2019 - Jun 3, 2019|
|Forward Dividend & Yield||0.80 (2.20%)|
|1y Target Est||53.50|
Chairman and CEO Efraim Grinberg sold 20,000 shares of the luxury watch maker on April 8, his first stock sale since 2014.
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SINGAPORE (AP) — Asian markets were mostly higher on Friday as U.S. and Chinese officials kicked off a fresh round of trade talks in Beijing.
Stocks that moved substantially or traded heavily on Thursday: Accenture PLC, up $8.65 to $175.12 The consulting and outsourcing company reported record bookings during the fiscal second quarter, and its ...
Movado (NYSE:MOV) unveiled its quarterly earnings results early in the day on Thursday, amassing a profit and sales total for the period that surpassed what analysts were calling for, lifting MOV stock more than 20% today.Source: WikipediaThe Paramus, New Jersey-based watchmaker said that for its fourth quarter ended Jan. 31, it brought in a net profit of $17.4 million, tallying up to 74 cents per share. The figure was a considerable improvement from the company's loss of $33.9 million, or $1.47 per share, when compared to the same period in the previous fiscal year, including a tax-reform related expense.On an adjusted basis when excluding non-recurring items, Movado tallied up adjusted earnings of 67 cents per share, about 15 cents per share above what analysts called for. Two analysts surveyed by FactSet compiled an average earnings guidance for the period of 55 cents per share as the range was between 54 cents and 56 cents per share.InvestorPlace - Stock Market News, Stock Advice & Trading TipsOn the revenue front, the watchmaker raked in sales of $199.4 million, more than $50 million higher than the $149.2 million it raked in during the same period in its fiscal 2018. Analysts polled by FactSet predicted Movado to compiled sales in the range of $190 million to $198 million.For its fiscal 2020, the business sees its adjusted earnings in the range of $2.70 to $2.80 per share, up from $2.61 in 2019. Sales are slated to be between $750 million to $765 million, ahead of the $679.6 million from 2019.MOV stock is soaring about 21.1% on Thursday following the company's strong quarterly performance. More From InvestorPlace * 7 Marijuana Stocks to Play the CBD Trend * 7 Reasons to Buy Housing Stocks in 2019 * 8 Genomic Testing Stocks That Can Ease the Sting of Theranos Compare Brokers The post Movado Earnings: MOV Stock Soars on Q4 Beat appeared first on InvestorPlace.
Shares of Movado Group Inc. shot up 19% in morning trade Thursday, to pace the NYSE's gainers, after the luxury watch seller reported fiscal fourth-quarter earnings and revenue that rose above expectations. For the quarter to Jan. 31, the company swung to a net profit of $17.4 million, or 74 cents a share, from a loss of $33.9 million, or $1.47 a share, in the year-ago period, which included a tax-reform related expense. Excluding non-recurring items, adjusted EPS rose to 67 cents from 52 cents. The average EPS estimate of two analysts surveyed by FactSet was 55 cents, with a range of 54 cents to 56 cents. Sales rose to $199.4 million from $149.2 million, compared with the range of two estimates of $190.0 million to $198.0 million. For fiscal 2020, the company expects EPS of $2.70 to $2.80, up from $2.61 in 2019, and sales of $750.0 million to $765.0 million, compared with $679.6 million in 2019. The stock has run up 23% year to date, while the S&P 500 has gained 12%.
The Paramus, New Jersey-based company said it had net income of 74 cents per share. Earnings, adjusted for pretax gains, were 67 cents per share. The watchmaker posted revenue of $199.4 million in the ...
Movado Group, Inc. invites investors to listen to a broadcast of the Company's conference call to discuss fourth quarter and fiscal year 2019 earnings results on Thursday, March 28, 2019 at 9:00 a.m.
It is not uncommon to see companies perform well in the years after insiders buy shares. On the other hand, we'd be remiss not to mention that insider sales haveRead More...
Want to participate in a short research study? Help shape the future of investing tools and receive a $20 prize! This article is written for those who want to getRead More...
NEW YORK, Feb. 19, 2019 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
SunTrust Banks and BB&T on Thursday said they plan to combine in an all-stock merger of valued at approximately $66 billion.
While Capri Holdings CPRI just put up a quarter that beat profit expectations , CEO John Idol pointed out a key weakness in one category that pulled down shares of several competitors. The parent company of Michael Kors, Versace and Jimmy Choo is seeing weakness in sales of fashion watches. "[The] fashion watch category continues to see declines globally, and we are being impacted by this secular trend," Idol said on the fiscal third-quarter conference call.
Building up an investment case requires looking at a stock holistically. Today I've chosen to put the spotlight on Movado Group, Inc. (NYSE:MOV) due to its excellent fundamentals in more Read More...
Movado Group, Inc. announced today that the Company will be presenting at the 21st Annual ICR Conference, held at The Grande Lakes Orlando in Orlando, FL, on Tuesday, January 15, 2019 at 1:30 p.m.
Efraim Grinberg, Movado Group CEO, joined The Final Round to discuss the company's latest earnings report, the rise of smart watches, and his plans for the future of the company.