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DOW   39,807.37
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S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
NYSE:MOV

Movado Group (MOV) Stock Price, News & Analysis

$27.93
+0.29 (+1.05%)
(As of 03/28/2024 ET)
Today's Range
$27.60
$28.04
50-Day Range
$25.77
$29.36
52-Week Range
$23.94
$31.44
Volume
248,929 shs
Average Volume
197,610 shs
Market Capitalization
$616.69 million
P/E Ratio
13.56
Dividend Yield
5.01%
Price Target
$41.00

Movado Group MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
46.8% Upside
$41.00 Price Target
Short Interest
Bearish
7.84% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-1.28
Upright™ Environmental Score
News Sentiment
0.34mentions of Movado Group in the last 14 days
Based on 25 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.61 out of 5 stars

Retail/Wholesale Sector

27th out of 203 stocks

Watches, Clocks, Watchcases, & Parts Industry

1st out of 2 stocks

MOV stock logo

About Movado Group Stock (NYSE:MOV)

Movado Group, Inc. designs, sources, markets, and distributes watches worldwide. The company operates in two segments, Watch and Accessory Brands, and Company Stores. It offers its watches under the Movado, Concord, Ebel, Olivia Burton, and MVMT brands, as well as licensed brands, such as Coach, Tommy Hilfiger, HUGO BOSS, Lacoste, and Calvin Klein. The company also provides after-sales and shipping services. Its customers include jewelry store chains, department stores, independent regional jewelers, network of independent distributors, online marketplaces, licensors' retail stores, and third-party e-commerce retailers. The company also sells directly to consumers through its e-commerce platforms. Movado Group, Inc. was formerly known as North American Watch Corporation and changed its name to Movado Group, Inc. in 1996. The company was founded in 1961 and is based in Paramus, New Jersey.

MOV Stock Price History

MOV Stock News Headlines

Movado Group (NYSE:MOV) Given Buy Rating at Benchmark
Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
Movado: Fiscal Q4 Earnings Snapshot
Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
Movado Group Q4 Income Drops
Why Movado Group Shares Are Falling Today
Earnings Preview: Movado Group
Movado Group earnings: here's what Wall Street expects
Movado (MOV) Reports Earnings Tomorrow. What To Expect
Movado Group Inc.
Is Movado Group, Inc. (NYSE:MOV) Potentially Undervalued?
Movado: Watch For This Cash-Rich Dividend Payer
See More Headlines
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Company Calendar

Last Earnings
11/30/2023
Today
3/28/2024
Ex-Dividend for 4/23 Dividend
4/08/2024
Dividend Payable
4/23/2024
Next Earnings (Estimated)
5/23/2024
Fiscal Year End
1/31/2025

Industry, Sector and Symbol

Industry
Watches, clocks, watchcases, & parts
Sub-Industry
Apparel Accessories & Luxury Goods
CUSIP
62458010
Employees
1,457
Year Founded
1881

Price Target and Rating

Average Stock Price Target
$41.00
High Stock Price Target
$41.00
Low Stock Price Target
$41.00
Potential Upside/Downside
+46.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$94.53 million
Pretax Margin
8.95%

Debt

Sales & Book Value

Annual Sales
$672.60 million
Cash Flow
$2.74 per share
Book Value
$23.50 per share

Miscellaneous

Free Float
15,701,000
Market Cap
$616.69 million
Optionable
Optionable
Beta
1.13

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MOV Stock Analysis - Frequently Asked Questions

Should I buy or sell Movado Group stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Movado Group in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" MOV shares.
View MOV analyst ratings
or view top-rated stocks.

What is Movado Group's stock price target for 2024?

1 brokerages have issued 1 year target prices for Movado Group's stock. Their MOV share price targets range from $41.00 to $41.00. On average, they anticipate the company's stock price to reach $41.00 in the next twelve months. This suggests a possible upside of 46.8% from the stock's current price.
View analysts price targets for MOV
or view top-rated stocks among Wall Street analysts.

How have MOV shares performed in 2024?

Movado Group's stock was trading at $30.15 at the beginning of the year. Since then, MOV stock has decreased by 7.4% and is now trading at $27.93.
View the best growth stocks for 2024 here
.

When is Movado Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 23rd 2024.
View our MOV earnings forecast
.

How were Movado Group's earnings last quarter?

Movado Group, Inc. (NYSE:MOV) released its earnings results on Thursday, November, 30th. The company reported $0.78 EPS for the quarter, missing the consensus estimate of $0.80 by $0.02. The business had revenue of $187.69 million for the quarter. Movado Group had a net margin of 6.94% and a trailing twelve-month return on equity of 9.56%. During the same quarter in the previous year, the business posted $1.31 earnings per share.

How often does Movado Group pay dividends? What is the dividend yield for Movado Group?

Movado Group announced a quarterly dividend on Tuesday, March 26th. Investors of record on Tuesday, April 9th will be given a dividend of $0.35 per share on Tuesday, April 23rd. This represents a $1.40 dividend on an annualized basis and a yield of 5.01%. The ex-dividend date is Monday, April 8th.
Read our dividend analysis for MOV
.

Is Movado Group a good dividend stock?

Movado Group (NYSE:MOV) pays an annual dividend of $1.40 per share and currently has a dividend yield of 5.24%. MOV has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 67.96%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for MOV.

What ETFs hold Movado Group's stock?

ETFs with the largest weight of Movado Group (NYSE:MOV) stock in their portfolio include First Trust SMID Cap Rising Dividend Archievers ETF (SDVY).Hartford Multifactor Small Cap ETF (ROSC).

What guidance has Movado Group issued on next quarter's earnings?

Movado Group issued an update on its FY 2025 earnings guidance on Tuesday, March, 26th. The company provided EPS guidance of 1.200-1.300 for the period, compared to the consensus EPS estimate of 2.060. The company issued revenue guidance of $700.0 million-$710.0 million, compared to the consensus revenue estimate of $689.9 million.

What is Efraim Grinberg's approval rating as Movado Group's CEO?

60 employees have rated Movado Group Chief Executive Officer Efraim Grinberg on Glassdoor.com. Efraim Grinberg has an approval rating of 97% among the company's employees. This puts Efraim Grinberg in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Movado Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Movado Group investors own include Pfizer (PFE), Gilead Sciences (GILD), Intel (INTC), Fossil Group (FOSL), Alibaba Group (BABA), JD.com (JD), Hello Group (MOMO), NVIDIA (NVDA), Cisco Systems (CSCO) and Micron Technology (MU).

Who are Movado Group's major shareholders?

Movado Group's stock is owned by many different institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (5.62%), Vanguard Group Inc. (5.16%), Vanguard Group Inc. (5.16%), First Trust Advisors LP (3.59%), Pacer Advisors Inc. (2.77%) and Northern Trust Corp (1.25%). Insiders that own company stock include Alan H Howard, Alexander Grinberg, Ann Kirschner, Behzad Soltani, Efraim Grinberg, Mitchell Cole Sussis, Richard D Isserman, Sallie A Demarsilis, Stephen I Sadove and Vivian Delia.
View institutional ownership trends
.

How do I buy shares of Movado Group?

Shares of MOV stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:MOV) was last updated on 3/29/2024 by MarketBeat.com Staff

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