|Bid||0.00 x 1200|
|Ask||0.00 x 900|
|Day's Range||91.59 - 94.43|
|52 Week Range||90.51 - 169.22|
|Beta (3Y Monthly)||1.48|
|PE Ratio (TTM)||10.32|
|Earnings Date||Nov 27, 2018 - Dec 3, 2018|
|Forward Dividend & Yield||0.15 (0.16%)|
|1y Target Est||143.94|
Chairman & CEO of Pvh Corp (NYSE:PVH) Emanuel Chirico bought 10,000 shares of PVH on 12/14/2018 at an average price of $95.51 a share.
Steve Cohen‘s Point72 Asset Management began managing outside capital in 2018 after operating for several years as a family office following Cohen’s former hedge fund SAC Capital Advisors being involved in one of the 10 Biggest Insider Trading Scandals Ever to Rock Companies. That’s great news for investors, who have reportedly poured $5 billion of […]
We know that hedge funds generate strong, risk-adjusted returns over the long run, therefore imitating the picks that they are collectively bullish on can be a profitable strategy for retail investors. With billions of dollars in assets, smart money investors have to conduct complex analyses, spend many resources and use tools that are not always […]
On December 3, Hanesbrands’ (HBI) 12-month forward PE ratio was 9.0x. VF Corporation (VFC), PVH Corp (PVH), and Ralph Lauren (RL) had PE ratios of 20.7x, 10.8x, and 16.0x, respectively.
Over the trailing 11 quarters, Hanesbrands (HBI) has missed sales estimates six times, beating analysts’ projections the rest of the time. Consumer-directed sales grew 23%, 20%, and 15% in the first three quarters of 2018. Organic sales, on a constant-currency basis, are expected to be up 3.5%.
As of December 3, of the 15 analysts covering Hanesbrands (HBI) stock, 40% recommend a “buy” and the remaining 60% have given HBI a “hold” rating. In the past 15 days, there has been one price target change for HBI. On December 1, Citigroup raised its price target to $18.00 from $17.00.
PVH Corp (PVH) witnesses softness at its Calvin Klein business. Nevertheless, solid momentum at Tommy Hilfiger and impressive growth at Heritage Brands are likely to boost growth.
Calvin Klein took a big gamble in 2016 when it made Raf Simons the first person since Klein himself to have complete creative control of the brand. Simons, a cerebral designer who had most recently served as the creative head of Dior, was suddenly overseeing the image of a business that made most of its…
Gross margin weakness at Calvin Klein was largely responsible for the difficult quarter and keeps PVH in the penalty box, according to Wells Fargo analyst Ike Boruchow. All is not lost, the analyst said, adding that he believes management is confident on inventory positioning heading into the fourth quarter, as Calvin Klein is better-positioned from a merchandise perspective. PVH CEO Emanuel Chirico said he is highly confident CK margins will expand 75-100 basis points in 2019, a call that Boruchow said is a stark change of trajectory considering CK margins have declined in six of the past seven years.
Shares for the parent company of Calvin Klein and Tommy Hilfiger finished Friday's trading up 0.67% to $110.51. The recovery should help wipe sweat from the brow of shareholders that were caught stressing a near double digit dip in pre-market trading. The trading volume on the open helped the stock whipsaw on the open, pumping up nearly 5% in morning trading before paring back to its closing level.
Stocks that moved substantially or traded heavily Friday: Marriott International Inc., down $6.81 to $115.03 The hotel chain announced a data breach that affects as many as 500 million guests. LabCorp ...
should highlight the importance of preparation for tariffs, both for the companies and investors. Shares of the Calvin Klein and Tommy Hilfiger parent finished up 0.70% to close at $110.54 on Friday, after tanking post-market on Thursday amid concerns of a cool-off at Calvin Klein and margin pressures that could intensify amidst worsening global trade tensions. Currently, about 20% of U.S. goods are directly sourced from China which represents roughly 7-8% of the cost of goods sold for PVH.
The Dow Jones Industrial Average rose Friday as Wall Street prepared for talks between Donald Trump and Chinese President Xi Jingping at the G-20 meeting. fell 2% after the cybersecurity company posted earnings and an outlook that topped Wall Street's forecasts. rose 3% after the software company posted stronger-than-expected third-quarter sales in its cloud computing business.
shares are climbing Friday even though weakness in its Calvin Klein brand pulled third quarter sales for the apparel maker below Wall Street estimates and it cautioned that tariffs on clothing imports from China could hit its bottom line. PVH, which owns both the Calvin Klein and Tommy Hilfiger brands, posted earnings for the three months ending on November 4, its fiscal third quarter, of $3.21 per share, firmly ahead of the Street consensus of $3.14 and up 6.3% from the same period last year. Group sales rose 7% and barely missed analysts forecasts at $2.52 billion, putting pressure on the shares in pre-market trading even as the company added 10 cents a share to the upper end of its fourth quarter earnings forecast.
I would look at this one as a buy with a hard stop on any close under $107.50 and an upside target of $115-120.
"Our international businesses continue to experience momentum driven by strong growth in Europe where our performance has been outstanding," CEO Manny Chirico told analysts during a fiscal third quarter earnings call on Friday morning. Chirico said this was reflective of a "healthy top line" abroad for brands like Calvin. "Despite this backdrop we continue to see strong results out of China," he told analysts.
Shares of the New York City-based clothing company began to pop after the open on Friday morning after nearly double-digit declines in after-market trading on Thursday into Friday's pre-market. Amid the volatility, analyst consensus remains a "Buy" while consensus price targets estimate a nearly $50 premium to Thursday's closing price of $109.77 per share despite some pullback on price targets Thursday evening.
"We went too far, too fast on both fashion and price," Chief Executive Officer Emanuel Chirico said on a post-earnings call on Friday. "We're working on fixing this fashion miss, and we believe that our CK Jeans offering will be much more commercial and fashion-right beginning in 2019," Chirico said. The company will also reevaluate spending on Calvin Klein's 205W39NYC line to improve profit margins in 2019.
Wall Street ended lower on Thursday as investors closely watched the G-20 summit in Argentina where President Donald Trump is scheduled to discuss trade issues with his Chinese counterpart Xi Jinping
shareholders are paying the price for a disappointing earnings call that has provoked analysts to pare down their price targets for the apparel giant. Shares of the fashion leader that serves as parent to Van Heusen, Tommy Hilfiger, Calvin Klein, Izod and others were down around 4% before Friday's opening bell -- and had been down nearly 8% -- after it posted results for its fiscal third quarter, which ended Nov. 4. Calvin Klein was a particular disappointment, missing sales estimates by 300 basis points as the brand's margin contracted 34 basis points.