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... [Read more]
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 StatementsAnalyst 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.
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...

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.

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...

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...

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.

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.

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...

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...

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.

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...

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 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.

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.

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.

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.

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.

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...

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.

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.

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).

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.

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).

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).

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...

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...