PVH (NYSE:PVH) Issues Q1 Earnings Guidance

PVH (NYSE:PVH) issued an update on its first quarter earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of $2.10-2.25 for the period, compared to the consensus estimate of $2.24. The company issued revenue guidance of $1.91-1.95 billion, compared to the consensus revenue estimate of $1.91 billion. PVH also updated its FY26 guidance to $12.40-12.75 EPS.

PVH Stock Performance

NYSE:PVH traded up $0.01 during mid-day trading on Monday, hitting $64.70. 2,103,013 shares of the company traded hands, compared to its average volume of 923,359. PVH has a one year low of $62.80 and a one year high of $141.15. The company has a quick ratio of 0.69, a current ratio of 1.29 and a debt-to-equity ratio of 0.31. The firm has a market cap of $3.60 billion, a price-to-earnings ratio of 5.27, a price-to-earnings-growth ratio of 0.77 and a beta of 2.10. The stock’s fifty day moving average price is $76.92 and its 200-day moving average price is $92.92.

PVH (NYSE:PVH) last posted its quarterly earnings results on Monday, March 31st. The textile maker reported $3.27 earnings per share for the quarter, topping analysts’ consensus estimates of $3.19 by $0.08. The business had revenue of $2.37 billion during the quarter, compared to analyst estimates of $2.34 billion. PVH had a net margin of 8.13% and a return on equity of 13.66%. The company’s revenue was down 4.8% on a year-over-year basis. During the same period in the prior year, the business posted $3.72 earnings per share. Research analysts anticipate that PVH will post 11.67 earnings per share for the current fiscal year.

PVH Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 26th. Investors of record on Wednesday, March 5th were given a dividend of $0.0375 per share. This represents a $0.15 annualized dividend and a dividend yield of 0.23%. The ex-dividend date of this dividend was Wednesday, March 5th. PVH’s dividend payout ratio is currently 1.22%.

Wall Street Analyst Weigh In

Several research firms have weighed in on PVH. Morgan Stanley dropped their price target on PVH from $103.00 to $95.00 and set an “equal weight” rating for the company in a research note on Tuesday, January 21st. JPMorgan Chase & Co. lowered shares of PVH from an “overweight” rating to a “neutral” rating and dropped their target price for the stock from $149.00 to $113.00 in a research report on Friday, January 24th. Guggenheim lifted their price target on shares of PVH from $105.00 to $125.00 and gave the company a “buy” rating in a report on Friday, December 6th. Wells Fargo & Company downgraded shares of PVH from an “overweight” rating to an “equal weight” rating and dropped their price objective for the company from $130.00 to $105.00 in a report on Monday, February 3rd. Finally, The Goldman Sachs Group reduced their target price on PVH from $128.00 to $109.00 and set a “buy” rating on the stock in a report on Tuesday, March 4th. Eight analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat.com, PVH has an average rating of “Moderate Buy” and an average target price of $112.27.

PVH Company Profile

PVH Corp. operates as an apparel company in the United States and internationally. The company operates through Tommy Hilfiger North America, Tommy Hilfiger International, Calvin Klein North America, Calvin Klein International, and Heritage Brands Wholesale segments. It designs and markets men's, women's, and children's branded apparel, footwear and accessories, underwear, sleepwear, outerwear, home furnishings, luggage, dresses, suits and swimwear, activewear, sportswear, socks and accessories, outerwear, golf products, footwear, watches and jewelry, eyeglasses and non-ophthalmic sunglasses, jeans wear, performance apparel, intimate apparel, dress shirts, handbags, fragrance, small leather goods, and other related products; and men's and boy's tailored clothing products, duvets, pillows, mattress pads and toppers, and feather beds.