The PVH Corp. (PVH) Scheduled to Post Earnings on Wednesday

The PVH Corp. (PVH) Scheduled to Post Earnings on Wednesday

PVH Corp. (NYSE:PVH) is scheduled to be posting its Q316 quarterly earnings results on Wednesday, November 30th. Analysts expect PVH Corp. to post earnings of $2.40 per share and revenue of $2.23 billion for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.

Shares of PVH Corp. (NYSE:PVH) opened at 108.69 on Monday. PVH Corp. has a 52 week low of $64.16 and a 52 week high of $115.40. The company has a 50 day moving average price of $108.66 and a 200 day moving average price of $102.19. The company has a market capitalization of $8.72 billion, a PE ratio of 13.16 and a beta of 0.77.

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 19th. Investors of record on Wednesday, November 23rd will be given a $0.0375 dividend. The ex-dividend date is Monday, November 21st. This represents a $0.15 annualized dividend and a yield of 0.14%. PVH Corp.’s payout ratio is 1.82%.

PVH has been the topic of several recent research reports. Deutsche Bank AG raised their price target on shares of PVH Corp. from $110.00 to $117.00 and gave the company a “buy” rating in a research report on Tuesday, August 16th. Piper Jaffray Cos. reaffirmed an “overweight” rating and issued a $109.00 price target on shares of PVH Corp. in a research report on Friday, August 19th. Brean Capital increased their price objective on shares of PVH Corp. from $115.00 to $122.00 and gave the company a “buy” rating in a research note on Tuesday, August 23rd. Goldman Sachs Group Inc. decreased their price objective on shares of PVH Corp. from $108.82 to $108.00 and set a “neutral” rating for the company in a research note on Thursday, August 25th. Finally, Morgan Stanley reiterated a “hold” rating and issued a $100.00 price objective on shares of PVH Corp. in a research note on Thursday, August 25th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and thirteen have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $112.83.

In other PVH Corp. news, EVP David F. Kozel sold 3,000 shares of the firm’s stock in a transaction on Wednesday, October 12th. The shares were sold at an average price of $111.96, for a total value of $335,880.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Mary Baglivo sold 2,280 shares of the firm’s stock in a transaction on Monday, October 3rd. The shares were sold at an average price of $110.26, for a total transaction of $251,392.80. The disclosure for this sale can be found here. 1.30% of the stock is currently owned by company insiders.

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Pacer Advisors Inc. increased its stake in PVH Corp. by 8.2% in the second quarter. Pacer Advisors Inc. now owns 1,618 shares of the company’s stock worth $152,000 after buying an additional 122 shares in the last quarter. US Bancorp DE increased its stake in PVH Corp. by 2.1% in the second quarter. US Bancorp DE now owns 6,479 shares of the company’s stock worth $610,000 after buying an additional 133 shares in the last quarter. Sei Investments Co. increased its stake in PVH Corp. by 18.1% in the second quarter. Sei Investments Co. now owns 1,169 shares of the company’s stock worth $110,000 after buying an additional 179 shares in the last quarter. LPL Financial LLC increased its stake in PVH Corp. by 6.1% in the third quarter. LPL Financial LLC now owns 3,116 shares of the company’s stock worth $350,000 after buying an additional 180 shares in the last quarter. Finally, Comerica Bank increased its stake in PVH Corp. by 1.2% in the second quarter. Comerica Bank now owns 21,596 shares of the company’s stock worth $2,086,000 after buying an additional 260 shares in the last quarter. 95.47% of the stock is owned by hedge funds and other institutional investors.

PVH Corp. Company Profile

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