PVH Corp. Forecasted to Earn Q4 2024 Earnings of $3.52 Per Share (NYSE:PVH)

PVH Corp. (NYSE:PVH) – Equities research analysts at Zacks Research increased their Q4 2024 EPS estimates for shares of PVH in a report issued on Tuesday, September 12th. Zacks Research analyst R. Lohia now forecasts that the textile maker will post earnings of $3.52 per share for the quarter, up from their prior forecast of $3.14. The consensus estimate for PVH’s current full-year earnings is $10.33 per share. Zacks Research also issued estimates for PVH’s Q4 2025 earnings at $3.52 EPS.

PVH (NYSE:PVH) last released its quarterly earnings results on Wednesday, August 30th. The textile maker reported $1.98 EPS for the quarter, topping analysts’ consensus estimates of $1.75 by $0.23. PVH had a net margin of 1.99% and a return on equity of 11.63%. The business had revenue of $2.21 billion during the quarter, compared to analysts’ expectations of $2.19 billion. During the same quarter in the previous year, the company earned $2.08 EPS. The business’s quarterly revenue was up 3.5% compared to the same quarter last year.

Other equities research analysts have also issued reports about the stock. Guggenheim reiterated a “buy” rating and set a $110.00 price target on shares of PVH in a report on Wednesday, August 30th. Citigroup upped their price target on shares of PVH from $86.00 to $88.00 and gave the company a “neutral” rating in a report on Thursday, August 31st. Barclays upped their price target on shares of PVH from $110.00 to $115.00 and gave the company an “overweight” rating in a report on Thursday, August 31st. TD Cowen upped their price target on shares of PVH from $92.00 to $95.00 and gave the company a “market perform” rating in a report on Thursday, August 31st. Finally, Telsey Advisory Group reiterated an “outperform” rating and set a $102.00 price target on shares of PVH in a report on Thursday, August 31st. Seven equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat.com, PVH has a consensus rating of “Moderate Buy” and a consensus price target of $93.83.

PVH Price Performance

Shares of PVH stock opened at $79.45 on Friday. PVH has a 52-week low of $43.49 and a 52-week high of $94.51. The stock has a market capitalization of $4.80 billion, a price-to-earnings ratio of 27.02, a price-to-earnings-growth ratio of 0.57 and a beta of 2.09. The company has a fifty day moving average of $83.95 and a 200-day moving average of $83.21. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.52 and a current ratio of 1.09.

Institutional Trading of PVH

Large investors have recently made changes to their positions in the stock. Belpointe Asset Management LLC purchased a new stake in shares of PVH during the fourth quarter valued at $25,000. Quarry LP boosted its stake in shares of PVH by 81.8% during the second quarter. Quarry LP now owns 320 shares of the textile maker’s stock valued at $27,000 after purchasing an additional 144 shares during the period. Heritage Wealth Management LLC boosted its stake in shares of PVH by 100.0% during the fourth quarter. Heritage Wealth Management LLC now owns 400 shares of the textile maker’s stock valued at $28,000 after purchasing an additional 200 shares during the period. Huntington National Bank boosted its stake in shares of PVH by 281.1% during the second quarter. Huntington National Bank now owns 423 shares of the textile maker’s stock valued at $36,000 after purchasing an additional 312 shares during the period. Finally, BOKF NA purchased a new stake in shares of PVH during the first quarter valued at $38,000. 97.25% of the stock is owned by hedge funds and other institutional investors.

PVH Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 27th. Stockholders of record on Wednesday, September 6th will be paid a dividend of $0.0375 per share. This represents a $0.15 dividend on an annualized basis and a dividend yield of 0.19%. The ex-dividend date is Tuesday, September 5th. PVH’s dividend payout ratio is currently 5.10%.

About PVH

PVH Corp. operates as an apparel company in the United States and internationally. The company operates through six segments: Tommy Hilfiger North America, Tommy Hilfiger International, Calvin Klein North America, Calvin Klein International, Heritage Brands Wholesale, and Heritage Brands Retail. It designs, markets, and retails men's, women's, and children's apparel and accessories, include branded dress shirts, neckwear, sportswear, jeans wear, performance apparel, intimate apparel, underwear, swimwear, swim-related products, handbags, accessories, footwear, outerwear, home furnishings, luggage products, sleepwear, loungewear, hats, scarves, gloves, socks, watches and jewelry, eyeglasses and non-ophthalmic sunglasses, fragrance, home bed and bath furnishings, small leather goods, and other products.