Movado Group, Inc. (MOV)

Market Cap	439.14M
Revenue (ttm)	658.33M
Net Income (ttm)	23.81M
Shares Out	22.17M
EPS (ttm)	1.05
PE Ratio	18.86
Forward PE	9.39
Dividend	$1.40 (7.07%)
Ex-Dividend Date	Dec 16, 2024

Volume	128,922
Open	19.27
Previous Close	19.57
Day's Range	19.27 - 20.16
52-Week Range	17.86 - 31.18
Beta	1.05
Analysts	Strong Buy
Price Target	41.00 (+106.97%)
Earnings Date	Dec 5, 2024

About MOV

Movado Group, Inc. designs, sources, markets, and distributes watches in the United States and internationally. The company operates in two segments, Watch and Accessory Brands, and Company Stores. The company offers its watches under the Movado, Concord, Ebel, Olivia Burton, and MVMT brands, as well as licensed brands comprising Coach, Tommy Hilfiger, HUGO BOSS, Lacoste, and Calvin Klein. It also designs, sources, markets, and distributes jewelry and other accessories; and provides after-sales and shipping services. The company’s customers inc...

• Industry: Luxury Goods
• Sector: Consumer Discretionary
• IPO Date: Sep 30, 1993
• Employees: 1,476
• Stock Exchange: NYSE
• Ticker Symbol: MOV
• Website: https://www.movadogroup.com

Financial Performance

In 2023, Movado Group's revenue was $672.60 million, a decrease of -10.55% compared to the previous year's $751.90 million. Earnings were $46.71 million, a decrease of -50.59%.

Analyst Forecast

According to one analyst, the rating for MOV stock is "Strong Buy" and the 12-month stock price forecast is $41.0.

Price Target

$41.0

(106.97% upside)

Analyst Consensus: Strong Buy