PVH (NYSE:PVH) Rating Reaffirmed
Equity research analysts at UBS now has a $125.0 target on PVH (NYSE:PVH). UBS and their recent target indicates a potential upside of 36.93% from the company’s current price. The rating has been disclosed in a comprehensive report on Tuesday, 1 December.
From a total of 17 analysts covering PVH Corp (NYSE:PVH) stock, 13 rate it a ”Buy”, 1 a “Sell”, and 4 a ”Hold”. This means that 72% of the ratings are positive. The highest target price is $136 while the lowest target price is $94. The mean of all analyst targets is $123.26 with a 34.51% above today’s ($91.44) stock price. PVH Corp was the topic of 12 analyst reports since August 19, 2015 according to the firm StockzIntelligence Inc. Telsey Advisory Group maintained shares on November 25 with “Outperform” rating. Piper Jaffray maintained PVH stock in a recent report from September 5 with “Overweight” rating.
Approximately 480,856 shares of stock traded hands. PVH Corp (NYSE:PVH) has declined 11.57% since April 28, 2015 and is downtrending. It has underperformed by 9.95% the S&P500.
Analysts await PVH Corp (NYSE:PVH) to reports earnings on December, 2. They expect $2.49 earnings per share, down 2.73% or $0.07 from last year’s $2.56 per share. PVH’s profit will be $209.41M for 9.18 P/E if the $2.49 EPS becomes reality. After $1.37 actual earnings per share reported by PVH Corp for the previous quarter, Wall Street now forecasts 81.75% EPS growth.
PVH Corp. is an apparel company. The Company’s brand portfolio consists Calvin Klein and Tommy Hilfiger, Van Heusen, IZOD, ARROW, Warner’s, Olga and Eagle, which are owned brands, and Speedo, Geoffrey Beene, Kenneth Cole New York, Kenneth Cole Reaction, Sean John, MICHAEL Michael Kors, Michael Kors Collection, Chaps, Donald J. The company has a market cap of $7.69 billion. Trump Signature Collection, DKNY, Nautica, Ted Baker, J. It has 15.45 P/E ratio. Garcia, Claiborne, Ike Behar, Jones New York and Ryan Seacrest, which are licensed, as well as various other licensed and private label brands.
According to Zacks Investment Research, “PVH Corp. designs and markets branded dress shirts, neckwear, sportswear, footwear and other related products. The Company markets its products at a wholesale level through department store chains and directly to consumers through retail stores. The Company’s portfolio of brands includes its owned brands and its licensed brands. It manages its business through its operating divisions, which consist of five reportable segments: Calvin Klein Licensing, Wholesale Dress Furnishings, Wholesale Sportswear and Related Products, Retail Apparel and Related Products and Retail Footwear and Related Products. PVH Corp., formerly known as Phillips-Van Heusen Corporation, is headquartered in New York, New York.” Get a free copy of the Zacks research report on PVH Corp (PVH)