Movado Group, Inc. (MOV)

NYSE: MOV · IEX Real-Time Price · USD
28.76
+0.42 (1.48%)
Feb 27, 2024, 4:00 PM EST - Market closed
1.48%
Market Cap 625.75M
Revenue (ttm) 687.25M
Net Income (ttm) 57.29M
Shares Out 22.08M
EPS (ttm) 2.53
PE Ratio 11.37
Forward PE 15.91
Dividend $1.40 (4.87%)
Ex-Dividend Date Dec 11, 2023
Volume 64,484
Open 28.66
Previous Close 28.34
Day's Range 28.43 - 28.94
52-Week Range 23.94 - 35.60
Beta 1.16
Analysts Buy
Price Target 36.50 (+26.91%)
Earnings Date Mar 21, 2024

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, and Calvin Klein. The company also provides after-sales and shipping services. Its customers include jewelry store chains, department stores, independent regional jewelers, network of independent distributors, online ... [Read more]

Industry Luxury Goods
IPO Date Sep 30, 1993
Employees 992
Stock Exchange NYSE
Ticker Symbol MOV
Full Company Profile

Financial Performance

In 2022, 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 2 analysts, the average rating for MOV stock is "Buy." The 12-month stock price forecast is $36.5, which is an increase of 26.91% from the latest price.

Price Target
$36.5
(26.91% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Movado Group, Inc. to Present at the 26th Annual ICR Conference

PARAMUS, N.J.--(BUSINESS WIRE)--Movado Group, Inc. [NYSE: MOV] today announced that the Company will participate in a fireside chat presentation and host investor meetings during the 26th Annual ICR C...

7 weeks 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, 2023. Fiscal 2024 Third Quarter Highlights (See ta...

3 months ago - Business Wire

Movado Group, Inc. Announces Date of Conference Call and Webcast for Third Quarter Fiscal 2024 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 2024 earnings results on Thur...

3 months ago - Business Wire

Movado Launches New Global Campaign “Connecting the Dots”

PARAMUS, N.J.--(BUSINESS WIRE)--Today, Movado Group, Inc. (NYSE: MOV) announced the launch of its new global campaign “Connecting The Dots,” which captures people always in motion wearing Movado watch...

5 months ago - Business Wire

Movado Group, Inc. Announces Second Quarter Results

PARAMUS, N.J.--(BUSINESS WIRE)--Movado Group, Inc. (NYSE: MOV) today announced second quarter and six-month results for the periods ended July 31, 2023. Efraim Grinberg, Chairman and Chief Executive O...

6 months ago - Business Wire

Movado Group, Inc. unveils new Calvin Klein watches and jewelry campaign starring Lila Moss

NEW YORK--(BUSINESS WIRE)--Today, Movado Group, Inc. unveils the Fall 2023 campaign for Calvin Klein watches and jewelry starring model Lila Moss. Shot by Daniel Jackson, the campaign highlights the b...

6 months ago - Business Wire

Movado Group, Inc. Announces Date of Conference Call and Webcast for Second Quarter Fiscal 2024 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 second quarter fiscal 2024 earnings results on Thu...

6 months ago - Business Wire

Movado Group Announces Sponsorship With Jazz at Lincoln Center

NEW YORK--(BUSINESS WIRE)--Movado Group, Inc. (NYSE: MOV) is proud to serve as a lead sponsor of Jazz at Lincoln Center, continuing its long-standing relationship with the organization and honoring it...

7 months ago - Business Wire

Movado Group Publishes 2023 Corporate Social Responsibility Report

PARAMUS, N.J.--(BUSINESS WIRE)--Movado Group, Inc. (NYSE: MOV) today announced it has published its 2023 Corporate Responsibility report. The report details the continued evolution of Movado Group's C...

7 months ago - Business Wire

Movado Group, Inc. Announces First Quarter Fiscal 2024 Results

PARAMUS, N.J.--(BUSINESS WIRE)--Movado Group, Inc. (NYSE: MOV) today announced first quarter fiscal 2024 results for the period ended April 30, 2023. Fiscal 2024 First Quarter Highlights (See attached...

9 months ago - Business Wire

Movado Group, Inc. Announces Date of Conference Call and Webcast for First Quarter Fiscal Year 2024 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 first quarter fiscal 2024 earnings results on Thur...

10 months ago - Business Wire

Movado Group Announces Appointment of Michelle Kennedy as Senior Vice President, Human Resources

PARAMUS, N.J.--(BUSINESS WIRE)--Movado Group, Inc. (NYSE: MOV) today announced the appointment of Michelle Kennedy to Senior Vice President, Human Resources, effective immediately. In this role, Ms. K...

10 months ago - Business Wire

Top 5 Consumer Stocks That Could Lead To Your Biggest Gains In April

The most oversold stocks in the consumer discretionary sector presents an opportunity to buy into undervalued companies.

Other symbols: EYEJOANSGC
11 months ago - Benzinga

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 year 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 year 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...

1 year 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 year 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 year 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 year 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...

1 year 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...

1 year 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...

1 year ago - Business Wire

Movado Group, Inc. Announces Date of Conference Call and Webcast for Second 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 second quarter fiscal 2023 earnings results on Thu...

1 year ago - Business Wire

Movado Group, Inc. Announces First Quarter Fiscal 2023 Results

PARAMUS, N.J.--(BUSINESS WIRE)--Movado Group, Inc. (NYSE: MOV) today announced first quarter fiscal 2023 results for the period ended April 30, 2022. Fiscal 2023 First Quarter Highlights (See attached...

1 year ago - Business Wire

Movado Group Publishes 2022 Corporate Responsibility Report

PARAMUS, N.J.--(BUSINESS WIRE)--Movado Group, Inc. (NYSE: MOV) has published its 2022 Corporate Responsibility report. The report details the evolution of Movado Group's Corporate Responsibility progr...

1 year ago - Business Wire