Research Analysts Set Expectations for PVH Corp.’s Q4 2024 Earnings (NYSE:PVH)

PVH Corp. (NYSE:PVHFree Report) – Equities researchers at Telsey Advisory Group lifted their Q4 2024 EPS estimates for PVH in a research note issued to investors on Tuesday, March 26th. Telsey Advisory Group analyst D. Telsey now anticipates that the textile maker will post earnings of $3.52 per share for the quarter, up from their prior forecast of $3.49. Telsey Advisory Group has a “Outperform” rating and a $155.00 price objective on the stock. The consensus estimate for PVH’s current full-year earnings is $10.47 per share. Telsey Advisory Group also issued estimates for PVH’s Q2 2025 earnings at $2.40 EPS and Q4 2025 earnings at $3.64 EPS.

A number of other equities research analysts also recently weighed in on the stock. The Goldman Sachs Group upgraded shares of PVH from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $99.00 to $126.00 in a research note on Tuesday, December 12th. TheStreet upgraded shares of PVH from a “c+” rating to a “b-” rating in a research note on Friday, December 1st. StockNews.com upgraded shares of PVH from a “hold” rating to a “buy” rating in a research note on Thursday, December 7th. TD Cowen boosted their target price on shares of PVH from $150.00 to $160.00 and gave the company an “outperform” rating in a research note on Wednesday, March 20th. Finally, Wells Fargo & Company boosted their target price on shares of PVH from $110.00 to $140.00 and gave the company an “overweight” rating in a research note on Monday, December 11th. Four equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to MarketBeat.com, PVH has a consensus rating of “Moderate Buy” and an average price target of $117.93.

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PVH Stock Up 0.9 %

PVH opened at $140.61 on Thursday. PVH has a fifty-two week low of $69.27 and a fifty-two week high of $140.75. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.18 and a quick ratio of 0.66. The firm’s fifty day moving average price is $130.08 and its two-hundred day moving average price is $105.44. The company has a market capitalization of $8.39 billion, a P/E ratio of 16.58, a P/E/G ratio of 0.75 and a beta of 2.20.

Institutional Trading of PVH

Several institutional investors and hedge funds have recently added to or reduced their stakes in PVH. Alliancebernstein L.P. raised its holdings in PVH by 943.4% during the 2nd quarter. Alliancebernstein L.P. now owns 1,353,450 shares of the textile maker’s stock worth $115,003,000 after purchasing an additional 1,223,733 shares during the last quarter. FMR LLC increased its stake in shares of PVH by 15.9% in the 3rd quarter. FMR LLC now owns 7,198,557 shares of the textile maker’s stock valued at $550,762,000 after acquiring an additional 987,957 shares during the last quarter. Channing Capital Management LLC increased its stake in shares of PVH by 648.1% in the 4th quarter. Channing Capital Management LLC now owns 581,289 shares of the textile maker’s stock valued at $70,987,000 after acquiring an additional 503,586 shares during the last quarter. Norges Bank bought a new stake in shares of PVH in the 4th quarter valued at about $32,359,000. Finally, Wedge Capital Management L L P NC bought a new stake in shares of PVH in the 4th quarter valued at about $45,911,000. 97.25% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other PVH news, EVP Mark D. Fischer sold 3,500 shares of the business’s stock in a transaction dated Thursday, January 11th. The stock was sold at an average price of $123.00, for a total transaction of $430,500.00. Following the completion of the sale, the executive vice president now directly owns 27,903 shares of the company’s stock, valued at approximately $3,432,069. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.78% of the company’s stock.

PVH Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 27th. Investors of record on Wednesday, March 6th were given a dividend of $0.0375 per share. The ex-dividend date of this dividend was Tuesday, March 5th. This represents a $0.15 annualized dividend and a yield of 0.11%. PVH’s dividend payout ratio (DPR) is 1.77%.

PVH Company Profile

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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.

See Also

Earnings History and Estimates for PVH (NYSE:PVH)

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