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S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Closing prices for crude oil, gold and other commodities
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Stock market today: Wall Street dips to send S&P 500 to its longest losing streak since January
Abbott Laboratories Outlook is Healthy: Buy the Dip
Prologis Stock Leading U.S. Logistics Boom
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Closing prices for crude oil, gold and other commodities
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Stock market today: Wall Street dips to send S&P 500 to its longest losing streak since January
Abbott Laboratories Outlook is Healthy: Buy the Dip
Prologis Stock Leading U.S. Logistics Boom
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Closing prices for crude oil, gold and other commodities
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Stock market today: Wall Street dips to send S&P 500 to its longest losing streak since January
Abbott Laboratories Outlook is Healthy: Buy the Dip
Prologis Stock Leading U.S. Logistics Boom
NYSE:MOV

Movado Group (MOV) Stock Price, News & Analysis

$24.74
-0.51 (-2.02%)
(As of 04/17/2024 ET)
Today's Range
$24.72
$25.53
50-Day Range
$24.74
$29.36
52-Week Range
$23.94
$31.44
Volume
127,276 shs
Average Volume
194,875 shs
Market Capitalization
$547.42 million
P/E Ratio
12.01
Dividend Yield
5.66%
Price Target
$41.00

Movado Group MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
65.7% Upside
$41.00 Price Target
Short Interest
Healthy
6.16% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-1.28
Upright™ Environmental Score
News Sentiment
0.95mentions of Movado Group in the last 14 days
Based on 4 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.

4.75 out of 5 stars

Retail/Wholesale Sector

24th out of 196 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 in the United States and internationally. The company operates in two segments, Watch and Accessory Brands, and Company Stores. The company offers its watches under the Movado, Concord, Ebel, Olivia Burton, and MVMT brands, as well as licensed brands comprising Coach, Tommy Hilfiger, HUGO BOSS, Lacoste, and Calvin Klein. It also designs, sources, markets, and distributes jewelry and other accessories; and provides after-sales and shipping services. The company's 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. It sells directly to consumers through its e-commerce platforms. The company was formerly known as North American Watch Corporation and changed its name to Movado Group, Inc. in 1996. Movado Group, Inc. was founded in 1961 and is headquartered in Paramus, New Jersey.

MOV Stock Price History

MOV Stock News Headlines

Your Money is Not Safe
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Your Money is Not Safe
Biden Deploys Phase 1 Fednow Digital Currency Discover how to legally "opt-out" of the digital dollar today. No matter what they say, it's not something that will help you. If you don't take the action steps shown below…
Movado: Fiscal Q4 Earnings Snapshot
Movado Group Q4 Income Drops
Why Movado Group Shares Are Falling Today
Earnings Preview: Movado Group
See More Headlines
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Company Calendar

Last Earnings
11/30/2023
Ex-Dividend for 4/23 Dividend
4/08/2024
Today
4/17/2024
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
1,548
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
+65.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$46.71 million
Pretax Margin
8.95%

Debt

Sales & Book Value

Annual Sales
$672.60 million
Cash Flow
$1.60 per share
Book Value
$14.62 per share

Miscellaneous

Free Float
15,735,000
Market Cap
$547.42 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 equities 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 equities 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 analysts have issued 1 year price objectives for Movado Group's stock. Their MOV share price targets range from $41.00 to $41.00. On average, they expect the company's share price to reach $41.00 in the next year. This suggests a possible upside of 65.7% 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 start of the year. Since then, MOV shares have decreased by 17.9% and is now trading at $24.74.
View the best growth stocks for 2024 here
.

Are investors shorting Movado Group?

Movado Group saw a decline in short interest during the month of March. As of March 31st, there was short interest totaling 924,600 shares, a decline of 21.6% from the March 15th total of 1,180,000 shares. Based on an average daily volume of 200,900 shares, the short-interest ratio is presently 4.6 days. Currently, 6.2% of the shares of the company are sold short.
View Movado Group's Short Interest
.

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) posted its earnings results on Thursday, November, 30th. The company reported $0.78 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 EPS.

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

Movado Group declared 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 5.66%. 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 5.56%. 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 Invesco S&P SmallCap High Dividend Low Volatility ETF (XSHD).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 earnings per share guidance of 1.200-1.300 for the period, compared to the consensus earnings per share 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 a variety of retail and institutional investors. Top institutional shareholders include Confluence Investment Management LLC (0.53%) and Los Angeles Capital Management LLC (0.05%). 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 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 4/17/2024 by MarketBeat.com Staff

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