Movado Group, Inc. (MOV)

NYSE: MOV · IEX Real-Time Price · USD
28.67
-0.04 (-0.14%)
Mar 30, 2023, 2:35 PM EDT - Market open
-0.14%
Market Cap 655.86M
Revenue (ttm) 751.90M
Net Income (ttm) 94.53M
Shares Out 22.90M
EPS (ttm) 4.12
PE Ratio 6.97
Forward PE n/a
Dividend $1.40 (4.88%)
Ex-Dividend Date Dec 1, 2022
Volume 112,840
Open 29.01
Previous Close 28.71
Day's Range 28.59 - 29.14
52-Week Range 27.11 - 41.25
Beta 1.21
Analysts Sell
Price Target 32.64 (+13.85%)
Earnings Date Mar 23, 2023

About MOV

Movado Group, Inc. designs, sources, markets, and distributes watches worldwide. The company operates in two segments, Watch and Accessory Brands, and Company Stores. It offers its watches under the Movado, Concord, Ebel, Olivia Burton, and MVMT brands, as well as licensed brands, such as Coach, Tommy Hilfiger, HUGO BOSS, Lacoste, Calvin Klein, and Scuderia Ferrari. The company also provides after-sales and shipping services. Its customers include jewelry store chains, department stores, independent regional jewelers, network of independent dis... [Read more]

Industry Luxury Goods
IPO Date Sep 30, 1993
Employees 940
Stock Exchange NYSE
Ticker Symbol MOV
Full Company Profile

Financial Performance

In 2023, Movado Group's revenue was $751.90 million, an increase of 2.66% compared to the previous year's $732.39 million. Earnings were $94.53 million, an increase of 3.20%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for MOV stock is "Sell." The 12-month stock price forecast is $32.64, which is an increase of 13.85% from the latest price.

Price Target
$32.64
(13.85% upside)
Analyst Consensus: Sell
Stock Forecasts

News

Movado Group, Inc. Announces Fourth Quarter and Fiscal Year 2023 Results

PARAMUS, N.J.--(BUSINESS WIRE)--Movado Group, Inc. (NYSE: MOV) today announced fourth quarter and fiscal year 2023 results for the periods ended January 31, 2023. Fiscal Year 2023 Highlights (See atta...

1 week ago - Business Wire

Movado: Income and Growth at a Bargain Price

The watch industry could be one of the most stable growth, long-lasting sectors in the entire global economy. Movado Group Inc. ( MOV , Financial) is one of the most important companies in this space.

1 week ago - GuruFocus

Movado Group, Inc. Announces Date of Conference Call and Webcast for Fourth Quarter and Fiscal Year 2023 Results

PARAMUS, N.J.--(BUSINESS WIRE)--Movado Group, Inc. (NYSE: MOV) invites investors to listen to a broadcast of the Company's conference call to discuss fourth quarter and fiscal 2023 earnings results on...

2 weeks ago - Business Wire

Movado Group, Inc. Announces Promotion of Margot Grinberg to President of the Movado Brand and SVP of E-Commerce

PARAMUS, N.J.--(BUSINESS WIRE)--Movado Group, Inc. (NYSE: MOV) today announced the promotion of Margot Grinberg to President of the Movado Brand and SVP of E-Commerce, from Vice President of E-Commerc...

1 month ago - Business Wire

5 Luxury Stocks Gurus Love

Investors may be interested in companies that profit from Cupid's bow and arrows as lovebirds around the world prepare to celebrate Valentine's Day next week.

Other symbols: CPRIFOSLSIGTPR
1 month ago - GuruFocus

Movado's Digital Transformation Clocks 10x Increase in Online Sales

Moving a classic fashion brand into a digital-first world has its challenges, so famed watchmaker Movado Group has kept a tight focus on its core while undergoing a digital transformation.

1 month ago - PYMNTS

Movado Group, Inc. to Present at the 25th Annual ICR Conference

PARAMUS, N.J.--(BUSINESS WIRE)--Movado Group, Inc. [NYSE: MOV] announced today that the Company will participate in the 25th Annual ICR Conference being held January 9th through January 11th, 2023 a...

3 months ago - Business Wire

Movado Hosts Derek Jeter's Turn 2 Foundation at Lincoln Center for an “Evening of Discovery”

NEW YORK--(BUSINESS WIRE)--Movado and the Movado Group Foundation hosted The Turn 2 Foundation's "Jeter's Leaders" for an extraordinary evening where the high school students experienced an Orchestr...

4 months ago - Business Wire

Movado Group, Inc. Announces Third Quarter Results

PARAMUS, N.J.--(BUSINESS WIRE)--Movado Group, Inc. (NYSE: MOV) today announced third quarter and nine-month results for the periods ended October 31, 2022.

4 months ago - Business Wire

Movado Group, Inc. Announces Date of Conference Call and Webcast for Third Quarter Fiscal 2023 Results

PARAMUS, N.J.--(BUSINESS WIRE)--Movado Group, Inc. (NYSE: MOV) invites investors to listen to a broadcast of the Company's conference call to discuss third quarter fiscal 2023 earnings results on Tu...

4 months ago - Business Wire

Is Movado Group (MOV) Stock Undervalued Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest...

5 months ago - Zacks Investment Research

5 Retail Stocks to Buy Ahead of a Promising Holiday Season

TravelCenters of America (TA), Williams-Sonoma (WSM), Arhaus (ARHS), Movado Group, (MOV) and Designer Brands (DBI) are expected to perform well in the near term.

Other symbols: ARHSDBITAWSM
5 months ago - Zacks Investment Research

Best Income Stocks to Buy for October 21st

DAC, MOV and MBWM made it to the Zacks Rank #1 (Strong Buy) income stocks list on October 21, 2022.

Other symbols: DACMBWM
5 months ago - Zacks Investment Research

Best Value Stocks to Buy for October 21st

MOV, RYI and DAC made it to the Zacks Rank #1 (Strong Buy) value stocks list on October 21, 2022.

Other symbols: DACRYI
5 months ago - Zacks Investment Research

New Strong Buy Stocks for October 21st

ACA, MOV, RYI, MBWM and RICK have been added to the Zacks Rank #1 (Strong Buy) List on October 21, 2022.

Other symbols: ACAMBWMRICKRYI
5 months ago - Zacks Investment Research

Best Income Stocks to Buy for October 17th

MOV, TTE and MTG made it to the Zacks Rank #1 (Strong Buy) income stocks list on October 17, 2022.

Other symbols: MTGTTE
5 months ago - Zacks Investment Research

Is Movado Group (MOV) a Great Value Stock Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest...

6 months ago - Zacks Investment Research

Best Value Stocks to Buy for October 7th

PBR, MOV and CHMG made it to the Zacks Rank #1 (Strong Buy) value stocks list on October 7, 2022.

Other symbols: CHMGPBR
6 months ago - Zacks Investment Research

Best Income Stocks to Buy for October 7th

PBR, HP and MOV made it to the Zacks Rank #1 (Strong Buy) income stocks list on October 7, 2022.

Other symbols: HPPBR
6 months ago - Zacks Investment Research

What Makes Movado (MOV) a New Strong Buy Stock

Movado (MOV) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

6 months ago - Zacks Investment Research

Best Income Stocks to Buy for October 4th

BSMX, MOV and CWEN made it to the Zacks Rank #1 (Strong Buy) income stocks list on October 4, 2022.

Other symbols: BSMXCWEN
6 months ago - Zacks Investment Research

Retail Sector on Track for a Robust Holiday Season: 5 Picks

Retail sales are projected to rise this holiday season, helping stocks like Arhaus, Inc. (ARHS), Movado Group (MOV), The Buckle (BKE), Designer Brands (DBI) and Chico's FAS (CHS).

Other symbols: ARHSBKECHSDBI
6 months ago - Zacks Investment Research

4 Stocks to Buy on the Rebound in August Retail Sales

Higher demand for goods is boosting retail sales amid inflationary pressures. This is helping stocks like TravelCenters of America (TA) , Movado Group (MOV), Arhaus (ARHS) and Designer Brands (DBI).

Other symbols: ARHSDBITA
6 months ago - Zacks Investment Research

7 Small-Cap Stocks to Buy Before September Ends

While broader markets face continued pressure amid recession fears, small-cap stocks stand out as an undervalued segment of the stock market. The Russell 2000 index, the popular benchmark for small-ca...

Other symbols: AVUVDHCTENBVIOGVIST
7 months ago - InvestorPlace

4 Solid Retail Stocks to Buy Amid Growing Challenges

Rising prices have been hurting but higher demand for goods is boosting retail sales amid inflationary pressures. This is helping stocks like The Buckle, Inc. (BKE), Designer Brands Inc. (DBI), Movado...

Other symbols: BKECNXNDBI
7 months ago - Zacks Investment Research