PVH (NYSE:PVH) Price Target Cut to $80.00 by Analysts at Jefferies Financial Group

PVH (NYSE:PVH) had its price objective trimmed by Jefferies Financial Group from $85.00 to $80.00 in a report released on Tuesday morning,Benzinga reports. The firm currently has a buy rating on the textile maker’s stock.

Other analysts have also issued reports about the company. Telsey Advisory Group reissued an “outperform” rating and issued a $95.00 price objective on shares of PVH in a report on Thursday, December 4th. UBS Group reissued a “buy” rating and issued a $148.00 price target on shares of PVH in a research note on Tuesday, November 25th. Citigroup cut their price target on shares of PVH from $83.00 to $80.00 and set a “neutral” rating for the company in a report on Monday, December 8th. Wells Fargo & Company cut their target price on shares of PVH from $88.00 to $85.00 and set an “equal weight” rating for the company in a research note on Friday, December 5th. Finally, JPMorgan Chase & Co. upped their price target on shares of PVH from $82.00 to $83.00 and gave the stock a “neutral” rating in a research report on Thursday, December 4th. Eight investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $91.60.

PVH Stock Performance

PVH opened at $62.37 on Tuesday. The firm has a fifty day moving average price of $71.42 and a 200 day moving average price of $76.89. PVH has a 1 year low of $59.28 and a 1 year high of $93.56. The stock has a market cap of $2.86 billion, a P/E ratio of 9.35, a P/E/G ratio of 2.20 and a beta of 1.73. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.47 and a quick ratio of 0.72.

PVH (NYSE:PVH) last released its quarterly earnings data on Wednesday, December 3rd. The textile maker reported $2.83 earnings per share for the quarter, beating analysts’ consensus estimates of $2.56 by $0.27. PVH had a net margin of 3.87% and a return on equity of 11.44%. The company had revenue of $2.29 billion during the quarter, compared to analysts’ expectations of $2.28 billion. During the same quarter in the previous year, the company earned $3.03 earnings per share. The firm’s revenue for the quarter was up 1.7% on a year-over-year basis. PVH has set its Q4 2025 guidance at 3.200-3.350 EPS and its FY 2025 guidance at 10.850-11.000 EPS. Equities research analysts anticipate that PVH will post 11.67 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of PVH by 26.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 24,931 shares of the textile maker’s stock valued at $1,612,000 after purchasing an additional 5,240 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in PVH by 79.8% during the first quarter. Goldman Sachs Group Inc. now owns 553,500 shares of the textile maker’s stock worth $35,778,000 after buying an additional 245,740 shares during the last quarter. Caxton Associates LLP purchased a new stake in PVH in the 1st quarter valued at $226,000. United Services Automobile Association acquired a new stake in shares of PVH in the 1st quarter worth $240,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of PVH by 9.3% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 353,847 shares of the textile maker’s stock worth $22,873,000 after acquiring an additional 30,077 shares during the period. 97.25% of the stock is currently owned by institutional investors and hedge funds.

About PVH

PVH Corp is a leading global apparel company known for its portfolio of iconic brands in the dress shirt, sportswear and lifestyle categories. The company designs, markets and distributes clothing, accessories and fragrances under both owned and licensed brands. PVH’s core brand holdings include Calvin Klein and Tommy Hilfiger, complemented by a range of heritage labels such as Van Heusen, IZOD, ARROW, Warner’s and Olga.

PVH’s operations span the entire value chain from product design and development to manufacturing, marketing and distribution.