Movado Group, Inc. (MOV)

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...

• Industry: Luxury Goods
• Sector: Consumer Discretionary
• IPO Date: Sep 30, 1993
• Employees: 940
• Stock Exchange: NYSE
• Ticker Symbol: MOV

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%.

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