Movado Group Q2 EPS Forecast Cut by Northland Securities

Movado Group Inc. (NYSE:MOV) – Analysts at Northland Securities dropped their Q2 2027 earnings per share (EPS) estimates for shares of Movado Group in a research note issued to investors on Thursday, March 19th. Northland Securities analyst O. Rickert now expects that the company will earn $0.34 per share for the quarter, down from their previous forecast of $0.35. 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. Northland Securities also issued estimates for Movado Group’s Q3 2027 earnings at $0.57 EPS, Q4 2027 earnings at $0.55 EPS, Q1 2028 earnings at $0.20 EPS, Q2 2028 earnings at $0.42 EPS, Q4 2028 earnings at $0.61 EPS and FY2028 earnings at $1.83 EPS.

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

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

Movado Group Stock Performance

MOV opened at $23.99 on Friday. The stock has a market capitalization of $531.03 million, a price-to-earnings ratio of 20.68 and a beta of 0.93. The company has a fifty day moving average of $23.83 and a 200 day moving average of $21.10. Movado Group has a fifty-two week low of $12.85 and a fifty-two week high of $25.85.

Institutional Trading of Movado Group

Several hedge funds have recently made changes to their positions in the business. PNC Financial Services Group Inc. lifted its holdings in shares of Movado Group by 39.1% in the 4th quarter. PNC Financial Services Group Inc. now owns 1,598 shares of the company’s stock valued at $33,000 after acquiring an additional 449 shares during the last quarter. Comerica Bank increased its stake in Movado Group by 99.0% during the third quarter. Comerica Bank now owns 1,785 shares of the company’s stock worth $34,000 after acquiring an additional 888 shares during the last quarter. CANADA LIFE ASSURANCE Co increased its stake in Movado Group by 70.2% during the fourth quarter. CANADA LIFE ASSURANCE Co now owns 1,756 shares of the company’s stock worth $36,000 after acquiring an additional 724 shares during the last quarter. State of Wyoming purchased a new stake in Movado Group during the second quarter valued at approximately $40,000. Finally, Laurel Wealth Advisors LLC purchased a new stake in Movado Group during the fourth quarter valued at approximately $42,000. 72.08% of the stock is currently owned by hedge funds and other institutional investors.

Movado Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 16th. Shareholders of record on Thursday, April 2nd will be paid a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a dividend yield of 5.8%. The ex-dividend date of this dividend is Thursday, April 2nd. Movado Group’s dividend payout ratio (DPR) is presently 144.33%.

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.