PVH - PVH Corp.
| Previous Close | 86.11 |
| Open | 85.26 |
| Bid | 87.00 x 800 |
| Ask | 100.36 x 900 |
| Day's Range | 84.43 - 87.72 |
| 52 Week Range | 67.41 - 145.25 |
| Volume | 1,045,053 |
| Avg. Volume | 1,485,132 |
| Market Cap | 6.451B |
| Beta (3Y Monthly) | 1.96 |
| PE Ratio (TTM) | 9.78 |
| EPS (TTM) | 8.90 |
| Earnings Date | Nov 27, 2019 - Dec 2, 2019 |
| Forward Dividend & Yield | 0.15 (0.17%) |
| Ex-Dividend Date | 2019-08-29 |
| 1y Target Est | 100.89 |
- Insider Monkey
Buckingham Capital Management’s Top Stock Picks
Buckingham Capital Management was launched back in 1985 by David Keidan. Mr. Keidan is the fund’s President and Chief Investment Officer, and also a Trustee at Montefiore Health System Inc. He holds MBA from Harvard Business School, and prior to founding Buckingham Capital Management he gained vast experience in research, trading and asset management. He […]
- TheStreet.com
PVH Stock Has Lost a Lot of Ground: Here's How to Play It Now
In a recent Real Money column, Jim Cramer said that before you buy any stock, you need to play a little game. One apparel maker Cramer pointed out -- PVH Corp. -- is most definitely hostage to trade until the company can produce most, if not all, of its products outside of China. In the daily bar chart of PVH, below, we can see that prices have been cut in half the past 12 months as PVH fell from around $145 in late September of last year to around $70 last month.
- TipRanks
Goldman Sachs: 3 Large-Cap Stocks To Sell Now
Most of the time analysts issue bullish calls on stocks. So when an analyst publishes a Hold rating, or even more rarely a Sell rating, it’s time to take note. Here are three stocks with a very bearish outlook from Goldman Sachs right now. According to the firm, these 3 stocks all deserve the most worrying ‘underperform’ rating based on their outlook for the coming months. Here we take a closer look at why Goldman Sachs is advising against these three stocks, and whether or not the rest of the Street agrees. Let’s dive in now: Seagate Technology PLCWith the HDD (hard disk drives) market in secular decline, it’s not surprising that Goldman Sachs analyst Mark Delaney remains unconvinced about Seagate Tech (STX– Get Report). His Sell rating comes with a $37 price target- suggesting prices could plummet 34% in the coming months. Indeed, the data storage company has already rallied 46% year-to-date- and for Delaney that’s a key reason for caution going forward. "We believe HDDs remain a cyclical industry, and one facing secular challenges in many parts of the market from the growth of SSDs (solid-state drives) that are based on NAND flash," Delaney told investors when he first downgraded the stock. He also prefers larger storage rival Western Digital (WDC)- which has a more neutral Hold rating from the Goldman analyst. Unlike STX, WDC also has large exposure to NAND flash, thanks to its 2016 SanDisk acquisition.Meanwhile Barclays analyst Tim Long also recently initiated STX with a Sell rating- and an even more bearish price target of $32. He warns that top-line pressure and a possible increase in research and development "could disrupt the capital return to shareholders." Overall STX scores a Hold rating from the Street based on all the ratings published over the last three months. The average analyst price target stands at $47 (16% downside potential). Gilead Sciences IncDrugs giant Gilead (GILD– Get Report) received the thumbs down from Goldman Sachs earlier this year. “We are downgrading GILD to Sell from Neutral and lowering our price target to $60 from $70 which represents -10% downside vs 17% avg upside for the rest of our coverage,” Terence Flynn wrote. Indeed, with Gilead now trading at $66 the analyst’s new $60 price target is one of the Street’s lowest price targets and suggests considerable downside risk lies ahead. With the loss of the blockbuster HCV franchise and near total market dominance in HIV (80% of US patients on anti-retrovirals are on a Gilead product), Gilead is in a period of change as management searches for new avenues to generate growth. "GILD currently trades at ~10x NTM P/E and barring another "Pharmasset" and/or internal pipeline success we find it difficult to see the stock's multiple expanding" says Flynn.According to the analyst, GILD has a “very limited” mid-to-late stage pipeline of drugs under development. The analyst told investors: “[T]he company has a new CEO and we assume that rebuilding the pipeline and improving R&D productivity across the organization will be a key area of focus… This can clearly take time and we anticipate there will be tremendous competition for innovative/growth assets.”However, the rest of the Street is notably more optimistic. Not only are we looking at a Strong Buy analyst consensus, but significant upside potential of 28% according to the average analyst price target. “We look towards the expansion of the pipeline via M&A (i.e., Galapagos so far) to drive long-term growth” writes Maxim analyst Jason McCarthy. He has a buy rating on GILD with an $84 price target. PVH CorpOne of the world’s largest apparel companies, PVH (PVH– Get Report) owns both Tommy Hilfiger and Calvin Klein. However that isn’t enough to win over Goldman Sachs analyst Alexandra Walvis. On August 30 she slashed her price target from $82 to $73 while maintaining a Sell rating. From current levels her price target indicates downside potential of almost 20%.In fact the analyst has recently issued Sell ratings on a number of apparel companies, including Ralph Lauren (RL); Levi Strauss (LEVI) and Tapestry Inc (TPR). So what's driving all these bearish calls?“The combination of persistently tough first-half retail trends and an optimistic spring ordering season has driven inventory overhangs at several multibrand retailers," Walvis revealed. "These retailers are thus tightening up ordering as we head into the critical back-to-school and holiday season. We thus see incremental sell-in risk for apparel brands, particularly those with high exposure to department stores."In particular, the Goldman analyst warned of potentially fading growth at PVH's Tommy Hilfiger brand thanks to its dependence on outlet stores, as well as challenges over at Calvin Klein. “While brands that have been investing in building strong direct-to-consumer omnichannel commerce are likely to be more insulated, we take a more cautious view on nonathletic apparel brands whose direct-to-consumer businesses are skewed towards outlet stores, particularly given challenged traffic trends in these locations,” she said. And a note of caution: Apple Inc Although Goldman Sachs has a Hold rating on Apple (AAPL– Get Report) (rather than Sell) it is worth nothing that analyst Rod Hall just made a notably bearish move on the stock. On September 13 he significantly cut his AAPL price target from $187 to $165 (24% downside potential). He blamed Apple’s accounting practices for the move: “We believe that Apple plans to account for its 1-year trial for TV+ as a ~$60 discount to a combined hardware and services bundle,” wrote Hall.“Effectively, Apple’s method of accounting moves revenue from hardware to Services even though customers do not perceive themselves to be paying for TV+. Though this might appear convenient for Apple’s services revenue line it is equally inconvenient for both apparent hardware ASPs and margins in high sales quarters like the upcoming FQ1′20 to December,” the analyst added.Discover Wall Street’s most loved stocks with the Top Analysts’ Stocks tool
- Business Wire
PVH Corp. Announces $3 Million Grant Extension With Save the Children
PVH Corp. [NYSE:PVH], one of the world’s largest apparel companies and owner of iconic brands, including CALVIN KLEIN, TOMMY HILFIGER, Van Heusen, Speedo*, and IZOD, announces a $3 million, three-year grant extension with Save the Children. This grant continues PVH’s support of early childhood development and early learning programs in the U.S., China, Bangladesh and India, as well as youth employability programming in Ethiopia. The PVH Foundation began its partnership with Save the Children in 2005 and, in 2014, pledged a $5 million multi-year commitment to the organization’s early education programs.
- GuruFocus.com
5 Apparel and Footwear Manufacturing Companies Gurus Agree On
Gurus celebrate the 100th season of the NFL and a day of American patriotism Continue reading...
- Thomson Reuters StreetEvents
Edited Transcript of PVH earnings conference call or presentation 29-Aug-19 1:00pm GMT
Q2 2019 PVH Corp Earnings Call
- GuruFocus.com
3 Clothing-Industry CEOs Bet Big on Their Own Stocks
They are the chiefs at PVH Corp, Capri Holdings Ltd. and G-III Apparel Group Ltd. Continue reading...
- Zacks
PVH Corp Grapples With Multiple Headwinds: Is Revival Likely?
PVH Corp (PVH) witnesses softness in its Heritage Brands segment. Adverse currency and macroeconomic concerns remain added headwinds.
- GuruFocus.com
Weekly CEO Buys Highlight
Insiders invest in PVH, Coty, New Media Investment Group, Elanco Animal Health and Cott Continue reading...
- Simply Wall St.
Some PVH (NYSE:PVH) Shareholders Are Down 36%
PVH Corp. (NYSE:PVH) shareholders should be happy to see the share price up 14% in the last month. But that doesn't...
- Benzinga
Notable Insider Buys In The Past Week: Coty, LyondellBasell, PVH
Insider buying can be an encouraging signal for potential investors. A couple of consumer goods companies saw notable insider buying this past week. A beneficial owner increased a stake in an industrial giant as well.
- GuruFocus.com
Wall Street Green on Wednesday
Navistar jumps on strong quarterly results Continue reading...
- Motley Fool
What Happened in the Stock Market Today
See why PVH soared and Starbucks dropped on a positive day for the broader market.
- Zacks
The Zacks Analyst Blog Highlights: AT&T, Thermo Fisher, Schwab, Veeva and PVH
The Zacks Analyst Blog Highlights: AT&T, Thermo Fisher, Schwab, Veeva and PVH
- GuruFocus.com
Pvh Corp (PVH) Chairman & CEO Emanuel Chirico Bought $10 million of Shares
Chairman & CEO of Pvh Corp (30-Year Financial, Insider Trades) Emanuel Chirico (insider trades) bought 133,155 shares of PVH on 09/03/2019 at an average price of $74.99 a share. Continue reading...
- Zacks
Top Stock Reports for AT&T, Thermo Fisher & Schwab
Top Stock Reports for AT&T;, Thermo Fisher & Schwab
- GuruFocus.com
5 Undervalued Stocks Growing Earnings
Alliance Data Systems on the list Continue reading...
- MarketWatch
Dollar General, PVH, other retailers adjust their outlooks to soften the blow of tariffs
Dollar General Inc., PVH Corp. and other retailers used their earnings releases this season to highlight efforts to manage increased tariffs, showing just how close the trade war between the U.S. and China is coming to American shoppers.
- Zacks
PVH Surges: Stock Moves 6.3% Higher
PVH saw a big move last session, as its shares jumped more than 6% on the day, amid huge volumes.
- Benzinga
Cowen Slashes PVH Price Target: 'We Need More Clarity On Sustainable Free Cash Flow'
PVH Corp (NYSE: PVH ) shares are moving higher after the apparel company reported a second-quarter earnings beat Wednesday. One analyst cut their price target significantly on the stock after the quarterly ...
- GuruFocus.com
Wall Street Moves Up Thursday
Abercrombie & Fitch plummets on financial results Continue reading...
- GuruFocus.com
2 US Consumer Cyclical Stocks Post 2nd-Quarter Results
PVH Corp misses on earnings, while Five Below Inc. beats Continue reading...
- Zacks
PVH Corp (PVH) Beats on Earnings in Q2, Trims FY19 View
PVH Corp (PVH) posts solid better-than-expected results in second-quarter fiscal 2019. However, the company cut view for the fiscal year due to the ongoing trends.
- MarketWatch
G-III Apparel downgraded due to tariff pressures
G-III Apparel Group Ltd. , which counts Donna Karan and Dockers among its portfolio of brands, was downgraded to hold from buy at Stifel on Thursday over concerns about the impact of tariffs on Chinese goods. Analysts cut the price target to $20 from $37. During earnings reported late Wednesday, PVH Corp. cut its full-year EPS guidance to $7.95 to $8.05 from $9.05 to $9.15, and adjusted EPS guidance to $9.30 to $9.40 from $10.20 to $10.30 due to "the global retail landscape and continuing escalation of the trade tensions between the U.S. and China," according to a statement from PVH Chief Executive Emanuel Chirico. In addition, the company saw a more promotional retail environment in the most recent quarter. "With key partner PVH lowering guidance last night due in part to an increasingly promotional U.S. retail environment, we believe investor sentiment on GIII shares will remain focused on the risks," Stifel said. G-III Apparel stock is up 3.8% in Thursday trading, but has sunk more than 54% over the last year. The S&P 500 index has inched up 0.2% for the past 12 months.
- Yahoo Finance Video
Tommy Hilfiger owner PVH beats on earnings but sees weak traffic in the U.S.
PVH, the owner of the Tommy Hilfiger brand, reported earnings that beat expectations, but cited weaker traffic amid U.S.-China trade tensions. Yahoo Finance's Akiko Fujita and Ines Ferre discuss.
