PVH (NYSE:PVH) Releases Q1 Earnings Guidance

PVH (NYSE:PVH) issued an update on its first quarter earnings guidance on Monday morning. The company provided EPS guidance of $2.10-2.25 for the period, compared to the consensus EPS estimate of $2.24. The company issued revenue guidance of $1.91-1.95 billion, compared to the consensus revenue estimate of $1.91 billion. PVH also updated its FY 2025 guidance to 12.400-12.750 EPS.

Wall Street Analysts Forecast Growth

PVH has been the topic of several research reports. StockNews.com downgraded shares of PVH from a “buy” rating to a “hold” rating in a report on Thursday, February 6th. Morgan Stanley lowered their price objective on PVH from $103.00 to $95.00 and set an “equal weight” rating for the company in a research note on Tuesday, January 21st. Wells Fargo & Company cut shares of PVH from an “overweight” rating to an “equal weight” rating and cut their price target for the company from $130.00 to $105.00 in a research report on Monday, February 3rd. Citigroup lowered their price objective on shares of PVH from $123.00 to $72.00 and set a “neutral” rating on the stock in a report on Tuesday, March 25th. Finally, JPMorgan Chase & Co. cut PVH from an “overweight” rating to a “neutral” rating and lowered their target price for the stock from $149.00 to $113.00 in a research note on Friday, January 24th. Eight research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat, PVH presently has an average rating of “Moderate Buy” and a consensus target price of $112.27.

PVH Price Performance

PVH stock opened at $64.70 on Tuesday. The company’s 50 day simple moving average is $76.36 and its 200-day simple moving average is $92.72. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.69 and a current ratio of 1.29. PVH has a 1 year low of $62.91 and a 1 year high of $141.15. The company has a market capitalization of $3.60 billion, a price-to-earnings ratio of 5.27, a price-to-earnings-growth ratio of 0.77 and a beta of 2.10.

PVH (NYSE:PVH) last released its quarterly earnings results on Monday, March 31st. The textile maker reported $3.27 EPS for the quarter, topping analysts’ consensus estimates of $3.19 by $0.08. PVH had a return on equity of 13.66% and a net margin of 8.13%. The company had revenue of $2.37 billion for the quarter, compared to analysts’ expectations of $2.34 billion. During the same period in the prior year, the firm earned $3.72 earnings per share. The firm’s revenue was down 4.8% compared to the same quarter last year. As a group, equities research analysts expect that PVH will post 11.67 earnings per share for the current year.

PVH Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 26th. Shareholders of record on Wednesday, March 5th were issued a dividend of $0.0375 per share. The ex-dividend date was Wednesday, March 5th. This represents a $0.15 annualized dividend and a yield of 0.23%. PVH’s dividend payout ratio (DPR) is 1.22%.

About PVH

PVH Corp. operates as an apparel company in the United States and internationally. The company operates through Tommy Hilfiger North America, Tommy Hilfiger International, Calvin Klein North America, Calvin Klein International, and Heritage Brands Wholesale segments. It designs and markets men's, women's, and children's branded apparel, footwear and accessories, underwear, sleepwear, outerwear, home furnishings, luggage, dresses, suits and swimwear, activewear, sportswear, socks and accessories, outerwear, golf products, footwear, watches and jewelry, eyeglasses and non-ophthalmic sunglasses, jeans wear, performance apparel, intimate apparel, dress shirts, handbags, fragrance, small leather goods, and other related products; and men's and boy's tailored clothing products, duvets, pillows, mattress pads and toppers, and feather beds.