Movado Group Q3 EPS Estimate Lowered by Northland Securities

Movado Group Inc. (NYSE:MOV) – Equities researchers at Northland Securities reduced their Q3 2028 EPS estimates for shares of Movado Group in a research note issued on Thursday, March 19th. Northland Securities analyst O. Rickert now forecasts that the company will earn $0.59 per share for the quarter, down from their prior forecast of $0.79. Northland Securities has a “Strong-Buy” rating on the stock. The consensus estimate for Movado Group’s current full-year earnings is $1.05 per share.

A number of other equities research analysts also recently weighed in on the company. Wall Street Zen upgraded Movado Group from a “buy” rating to a “strong-buy” rating in a research report on Saturday, February 7th. Zacks Research upgraded Movado Group from a “strong sell” rating to a “hold” rating in a research report on Monday, January 26th. BWS Financial reissued a “buy” rating and issued a $31.50 price objective on shares of Movado Group in a research note on Friday. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Movado Group in a report on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $30.75.

Movado Group Price Performance

Movado Group stock opened at $23.99 on Monday. Movado Group has a 12-month low of $12.85 and a 12-month high of $25.85. The stock has a market capitalization of $531.03 million, a PE ratio of 20.68 and a beta of 0.92. The firm has a 50 day simple moving average of $23.83 and a 200-day simple moving average of $21.13.

Movado Group (NYSE:MOV) last released its earnings results on Thursday, March 19th. The company reported $0.57 EPS for the quarter, beating the consensus estimate of $0.52 by $0.05. The firm had revenue of $191.58 million for the quarter, compared to analysts’ expectations of $182.02 million. Movado Group had a net margin of 3.96% and a return on equity of 6.09%.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in MOV. Goldman Sachs Group Inc. increased its holdings in shares of Movado Group by 212.8% in the first quarter. Goldman Sachs Group Inc. now owns 671,397 shares of the company’s stock valued at $11,226,000 after buying an additional 456,727 shares in the last quarter. Brandes Investment Partners LP bought a new stake in shares of Movado Group during the 2nd quarter worth $5,540,000. Russell Investments Group Ltd. grew its holdings in shares of Movado Group by 426.8% in the 2nd quarter. Russell Investments Group Ltd. now owns 176,015 shares of the company’s stock worth $2,684,000 after acquiring an additional 142,601 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Movado Group by 153.4% in the 2nd quarter. JPMorgan Chase & Co. now owns 161,178 shares of the company’s stock worth $2,458,000 after acquiring an additional 97,566 shares during the last quarter. Finally, AQR Capital Management LLC raised its position in shares of Movado Group by 94.1% during the fourth quarter. AQR Capital Management LLC now owns 186,862 shares of the company’s stock worth $3,853,000 after purchasing an additional 90,578 shares during the period. Institutional investors and hedge funds own 72.08% of the company’s stock.

Movado Group Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 16th. Investors of record on Thursday, April 2nd will be paid a dividend of $0.35 per share. The ex-dividend date of this dividend is Thursday, April 2nd. This represents a $1.40 annualized dividend and a yield of 5.8%. Movado Group’s dividend payout ratio is currently 120.69%.

Key Movado Group News

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.