PVH (NYSE:PVH) Given New $83.00 Price Target at JPMorgan Chase & Co.

PVH (NYSE:PVH) had its target price boosted by investment analysts at JPMorgan Chase & Co. from $82.00 to $83.00 in a report released on Thursday,Benzinga reports. The brokerage currently has a “neutral” rating on the textile maker’s stock. JPMorgan Chase & Co.‘s price target would suggest a potential upside of 6.06% from the stock’s previous close.

Several other equities research analysts also recently issued reports on the company. BTIG Research initiated coverage on PVH in a research note on Tuesday, October 14th. They issued a “buy” rating and a $100.00 price objective for the company. Bank of America boosted their price objective on shares of PVH from $76.00 to $88.00 and gave the company a “neutral” rating in a research report on Wednesday, August 27th. Telsey Advisory Group reiterated an “outperform” rating and issued a $95.00 target price on shares of PVH in a research report on Thursday. Weiss Ratings restated a “hold (c)” rating on shares of PVH in a report on Wednesday, October 8th. Finally, Wall Street Zen upgraded PVH from a “hold” rating to a “buy” rating in a report on Sunday, October 12th. Ten research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $94.25.

PVH Trading Down 10.6%

Shares of PVH stock traded down $9.29 during trading on Thursday, hitting $78.26. The stock had a trading volume of 1,781,309 shares, compared to its average volume of 1,250,215. PVH has a 1 year low of $59.28 and a 1 year high of $113.47. The stock has a 50 day simple moving average of $81.12 and a 200 day simple moving average of $78.02. The company has a quick ratio of 0.63, a current ratio of 1.37 and a debt-to-equity ratio of 0.46. The company has a market capitalization of $3.77 billion, a PE ratio of 8.82, a P/E/G ratio of 2.69 and a beta of 1.74.

PVH (NYSE:PVH) last issued its quarterly earnings results on Wednesday, December 3rd. The textile maker reported $2.83 EPS for the quarter, beating the consensus estimate of $2.56 by $0.27. PVH had a net margin of 5.34% and a return on equity of 11.90%. The business had revenue of $2.29 billion during the quarter, compared to the consensus estimate of $2.28 billion. During the same quarter in the prior year, the firm earned $3.03 EPS. The firm’s quarterly revenue 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. On average, research analysts expect that PVH will post 11.67 EPS for the current fiscal year.

Institutional Trading of PVH

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Danske Bank A S bought a new position in PVH in the 3rd quarter worth approximately $25,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new stake in shares of PVH in the second quarter worth $38,000. UMB Bank n.a. increased its position in PVH by 63.3% during the second quarter. UMB Bank n.a. now owns 619 shares of the textile maker’s stock worth $42,000 after acquiring an additional 240 shares during the period. Hantz Financial Services Inc. raised its stake in PVH by 1,284.4% during the 2nd quarter. Hantz Financial Services Inc. now owns 623 shares of the textile maker’s stock valued at $43,000 after purchasing an additional 578 shares during the last quarter. Finally, Smartleaf Asset Management LLC boosted its holdings in PVH by 30.0% in the 1st quarter. Smartleaf Asset Management LLC now owns 802 shares of the textile maker’s stock valued at $52,000 after purchasing an additional 185 shares during the period. Institutional investors and hedge funds own 97.25% of the company’s stock.

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.