Movado Group, Inc. (MOV)

Market Cap	417.12M
Revenue (ttm)	663.29M
Net Income (ttm)	36.15M
Shares Out	22.25M
EPS (ttm)	1.59
PE Ratio	11.80
Forward PE	11.94
Dividend	$1.40 (7.47%)
Ex-Dividend Date	Sep 16, 2024

Volume	136,912
Open	18.80
Previous Close	18.90
Day's Range	18.34 - 18.81
52-Week Range	17.86 - 31.44
Beta	1.01
Analysts	Strong Buy
Price Target	41.00 (+118.67%)
Earnings Date	Nov 29, 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

(118.67% upside)

Analyst Consensus: Strong Buy