Movado Group, Inc. (MOV)

NYSE: MOV · IEX Real-Time Price · USD
27.93
+0.29 (1.05%)
Mar 28, 2024, 4:00 PM EDT - Market closed

Total Valuation

Movado Group has a market cap or net worth of $611.58 million. The enterprise value is $441.61 million.

Market Cap 611.58M
Enterprise Value 441.61M

Important Dates

The last earnings date was Tuesday, March 26, 2024, before market open.

Earnings Date Mar 26, 2024
Ex-Dividend Date Apr 8, 2024

Share Statistics

Movado Group has 15.60 million shares outstanding. The number of shares has decreased by -1.37% in one year.

Shares Outstanding 15.60M
Shares Change (YoY) -1.37%
Shares Change (QoQ) -0.16%
Owned by Insiders (%) 2.64%
Owned by Institutions (%) 99.95%
Float n/a

Valuation Ratios

The trailing PE ratio is 13.56 and the forward PE ratio is 15.45. Movado Group's PEG ratio is 1.16.

PE Ratio 13.56
Forward PE 15.45
PS Ratio 0.91
Forward PS 0.89
PB Ratio 1.18
P/FCF Ratio 8.92
PEG Ratio 1.16
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 6.35, with an EV/FCF ratio of 6.44.

EV / Earnings 9.45
EV / Sales 0.66
EV / EBITDA 6.35
EV / EBIT 7.38
EV / FCF 6.44

Financial Position

The company has a current ratio of 4.81, with a Debt / Equity ratio of 0.18.

Current Ratio 4.81
Quick Ratio 3.24
Debt / Equity 0.18
Debt / EBITDA 1.32
Debt / FCF 1.34
Interest Coverage 120.46

Financial Efficiency

Return on equity (ROE) is 9.30% and return on invested capital (ROIC) is 7.07%.

Return on Equity (ROE) 9.30%
Return on Assets (ROA) 6.20%
Return on Capital (ROIC) 7.07%
Revenue Per Employee $678,025
Profits Per Employee $47,088
Employee Count 992
Asset Turnover 0.89
Inventory Turnover 1.81

Taxes

In the past 12 months, Movado Group has paid $12.66 million in taxes.

Income Tax 12.66M
Effective Tax Rate 21.32%

Stock Price Statistics

The stock price has decreased by -4.02% in the last 52 weeks. The beta is 1.15, so Movado Group's price volatility has been higher than the market average.

Beta (1Y) 1.15
52-Week Price Change -4.02%
50-Day Moving Average 27.86
200-Day Moving Average 27.88
Relative Strength Index (RSI) 55.35
Average Volume (30 Days) 196,342

Short Selling Information

The latest short interest is 1.18 million, so 7.56% of the outstanding shares have been sold short.

Short Interest 1.18M
Short Previous Month 1.01M
Short % of Shares Out 7.56%
Short % of Float n/a
Short Ratio (days to cover) 4.11

Income Statement

In the last 12 months, Movado Group had revenue of $672.60 million and earned $46.71 million in profits. Earnings per share was $2.06.

Revenue 672.60M
Gross Profit 370.39M
Operating Income 54.71M
Pretax Income 59.37M
Net Income 46.71M
EBITDA 69.51M
EBIT 59.87M
Earnings Per Share (EPS) $2.06
Full Income Statement

Balance Sheet

The company has $262.06 million in cash and $92.09 million in debt, giving a net cash position of $169.97 million or $10.90 per share.

Cash & Cash Equivalents 262.06M
Total Debt 92.09M
Net Cash 169.97M
Net Cash Per Share $10.90
Equity / Book Value 516.80M
Book Value Per Share 33.13
Working Capital 430.80M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $76.78 million and capital expenditures -$8.22 million, giving a free cash flow of $68.56 million.

Operating Cash Flow 76.78M
Capital Expenditures -8.22M
Free Cash Flow 68.56M
FCF Per Share $3.09
Full Cash Flow Statement

Margins

Gross margin is 55.07%, with operating and profit margins of 8.13% and 6.94%.

Gross Margin 55.07%
Operating Margin 8.13%
Pretax Margin 8.83%
Profit Margin 6.94%
EBITDA Margin 10.33%
EBIT Margin 8.90%
FCF Margin 10.19%

Dividends & Yields

This stock pays an annual dividend of $1.40, which amounts to a dividend yield of 5.01%.

Dividend Per Share $1.40
Dividend Yield 5.01%
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio 67.96%
Buyback Yield 1.37%
Shareholder Yield 6.38%
Earnings Yield 7.64%
FCF Yield 11.21%
Dividend Details

Analyst Forecast

The average price target for Movado Group is $41.00, which is 46.80% higher than the current price. The consensus rating is "Strong Buy".

Price Target $41.00
Price Target Difference 46.80%
Analyst Consensus Strong Buy
Analyst Count 1
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

The last stock split was on June 28, 2004. It was a forward split with a ratio of 2:1.

Last Split Date Jun 28, 2004
Split Type Forward
Split Ratio 2:1

Scores

Movado Group has an Altman Z-Score of 4.13 and a Piotroski F-Score of 6.

Altman Z-Score 4.13
Piotroski F-Score 6