Movado Group, Inc. (MOV)

Market Cap	384.67M
Revenue (ttm)	664.37M
Net Income (ttm)	40.47M
Shares Out	15.73M
EPS (ttm)	1.79
PE Ratio	13.66
Forward PE	19.22
Dividend	$1.40 (5.72%)
Ex-Dividend Date	Jun 12, 2024

Volume	58,093
Open	24.70
Previous Close	24.53
Day's Range	24.39 - 24.70
52-Week Range	23.94 - 31.44
Beta	1.07
Analysts	Strong Buy
Price Target	41.00 (+67.62%)
Earnings Date	May 30, 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: 1,089
• Stock Exchange: NYSE
• Ticker Symbol: MOV

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

(67.62% upside)

Analyst Consensus: Strong Buy