Movado Group, Inc. (MOV)
NYSE: MOV · IEX Real-Time Price · USD
26.30
+0.10 (0.38%)
Apr 25, 2024, 4:00 PM EDT - Market closed
Movado Group Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Movado Group stock has a target of 41, which predicts an increase of 55.89% from the current stock price of 26.30.
Analyst Consensus: Strong Buy
* Price targets were last updated on Mar 27, 2024.
Analyst Ratings
According to 1 stock analyst, the rating for Movado Group is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 1 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 1 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Benchmark | Benchmark | Strong Buy Reiterates $41 | Strong Buy | Reiterates | $41 | +55.89% | Mar 27, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $41 | Strong Buy | Reiterates | $41 | +55.89% | Dec 1, 2023 |
| Benchmark | Benchmark | Strong Buy Initiates $41 | Strong Buy | Initiates | $41 | +55.89% | Sep 29, 2023 |
| TD Cowen | TD Cowen | Hold Maintains $38 → $32 | Hold | Maintains | $38 → $32 | +21.67% | Mar 24, 2023 |
Financial Forecast
Revenue This Year
707.81M
from 672.60M
Increased by 5.23%
Revenue Next Year
743.16M
from 707.81M
Increased by 4.99%
EPS This Year
1.13
from 2.06
Decreased by -45.09%
EPS Next Year
2.74
from 1.13
Increased by 141.96%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 735.8M | 772.6M |
| Avg | 707.8M | 743.2M |
| Low | 686.8M | 721.1M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 9.4% | 9.2% |
| Avg | 5.2% | 5.0% |
| Low | 2.1% | 1.9% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 1.18 | 2.85 |
| Avg | 1.13 | 2.74 |
| Low | 1.10 | 2.66 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | -42.9% | 151.5% |
| Avg | -45.1% | 142.0% |
| Low | -46.7% | 134.8% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.