Movado Group (NYSE:MOV – Get Free Report)‘s stock had its “buy” rating reissued by stock analysts at BWS Financial in a research note issued on Friday,Benzinga reports. They currently have a $31.50 price objective on the stock. BWS Financial’s price objective points to a potential upside of 31.33% from the company’s previous close.
Other equities analysts also recently issued research reports about the company. Northland Securities assumed coverage on Movado Group in a report on Wednesday, January 7th. They set an “outperform” rating and a $30.00 target price for the company. Wall Street Zen upgraded shares of Movado Group from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 7th. Zacks Research raised shares of Movado Group from a “strong sell” rating to a “hold” rating in a research report on Monday, January 26th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Movado Group in a report on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $30.75.
Get Our Latest Research Report on MOV
Movado Group Trading Down 4.9%
Movado Group (NYSE:MOV – Get Free Report) last released its quarterly earnings results on Thursday, March 19th. The company reported $0.57 EPS for the quarter, beating analysts’ consensus estimates of $0.52 by $0.05. Movado Group had a return on equity of 6.09% and a net margin of 3.96%.The business had revenue of $191.58 million during the quarter, compared to analyst estimates of $182.02 million. Research analysts forecast that Movado Group will post 1.05 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Movado Group
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Royal Bank of Canada grew its holdings in Movado Group by 4.1% in the first quarter. Royal Bank of Canada now owns 26,524 shares of the company’s stock worth $444,000 after purchasing an additional 1,042 shares during the period. AQR Capital Management LLC boosted its position in shares of Movado Group by 26.5% in the 1st quarter. AQR Capital Management LLC now owns 129,746 shares of the company’s stock worth $2,169,000 after purchasing an additional 27,182 shares in the last quarter. Goldman Sachs Group Inc. boosted its position in shares of Movado Group by 212.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 671,397 shares of the company’s stock worth $11,226,000 after purchasing an additional 456,727 shares in the last quarter. Empowered Funds LLC grew its stake in shares of Movado Group by 5.5% in the 1st quarter. Empowered Funds LLC now owns 108,377 shares of the company’s stock worth $1,812,000 after buying an additional 5,697 shares during the last quarter. Finally, Jane Street Group LLC grew its stake in shares of Movado Group by 11.4% in the 1st quarter. Jane Street Group LLC now owns 104,188 shares of the company’s stock worth $1,742,000 after buying an additional 10,670 shares during the last quarter. 72.08% of the stock is owned by hedge funds and other institutional investors.
Trending Headlines about Movado Group
Here are the key news stories impacting Movado Group this week:
- Positive Sentiment: Q4 results beat consensus: Movado reported $0.57 EPS and $191.6M revenue, both above expectations, and management highlighted improving operating results. Movado Group Announces Fourth Quarter and Fiscal Year 2026 Results
- Positive Sentiment: Dividend declared: Movado announced a $0.35 quarterly dividend (annualized yield ~5.6%), which supports income investors and can underpin valuation.
- Positive Sentiment: Analyst support and higher targets: BWS Financial reaffirmed a Buy with a $31.50 target and Northland reiterated a Strong‑Buy/Buy view with a ~$30 target while raising several near‑term quarterly estimates — signals of continued analyst confidence. Benzinga Northland Buy Rating & Price Target
- Neutral Sentiment: Mixed estimate revisions from Northland: the firm raised some quarterly/near‑term EPS forecasts (Q1/Q4 2028) but trimmed others (several Q2/Q3 2027 estimates) and slightly lowered FY2028 from $1.87 to $1.83 — a nuanced view that partially offsets the positive revisions.
- Negative Sentiment: Management withheld FY27 outlook and flagged near‑term headwinds: the company did not provide full‑year guidance and public coverage highlighted tariff pressures and international weakness (Middle East/currency effects), which increase uncertainty for forward growth and margins. Movado Withholds FY27 Outlook (MarketWatch) Tariff Pressure Report (Investing.com)
Movado Group Company Profile
Movado Group, Inc is a global designer, manufacturer and distributor of watches and related jewelry products. The company’s portfolio encompasses both owned and licensed brands, offering a wide range of timepieces from luxury to accessible price points. Major owned brands include Movado, Concord, and Ebel, alongside newer acquisitions such as MVMT and Olivia Burton. In addition, Movado Group holds licensing agreements to produce watches under fashion names like Hugo Boss, Tommy Hilfiger, Coach, Lacoste and Scuderia Ferrari.
Movado Group’s product line spans classic dress watches, sport and dive models, fashion-forward designs and limited-edition collections.
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