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PVH Corp (PVH) Is Now En Route to Higher Prices

PVH Corp (NYSE: PVH) is -12.26% lower on its value in year-to-date trading and has touched a low of $88.60 and a high of $141.15 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The PVH stock was last observed hovering at around $92.20 in the last trading session, with the day’s gains setting it 0.58%.

Currently trading at $92.78, the stock is -10.26% and -11.43% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.1 million and changing 0.63% at the moment leaves the stock -11.25% off its SMA200. PVH registered -20.49% loss for a year compared to 6-month gain of -8.56%. The firm has a 50-day simple moving average (SMA 50) of $104.7498 and a 200-day simple moving average (SMA200) of $104.54395.

The stock witnessed a -15.84% loss in the last 1 month and extending the period to 3 months gives it a -6.00%, and is -7.10% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.36% over the week and 3.42% over the month.

PVH Corp (PVH) has around 29000 employees, a market worth around $5.16B and $8.77B in sales. Current P/E ratio is 7.55 and Fwd P/E is 7.47. Profit margin for the company is 8.13%. Distance from 52-week low is 4.72% and -34.27% from its 52-week high. The company has generated returns on investments over the last 12 months (8.92%).

with sales reaching $2.34B over the same period.The EPS is expected to grow by 9.69% this year, but quarterly earnings will post -6.42% year-over-year. Quarterly sales are estimated to shrink -5.84% in year-over-year returns.

PVH Corp (PVH) Top Institutional Holders

554.0 institutions hold shares in PVH Corp (PVH), with institutional investors hold 103.65% of the company’s shares. The shares outstanding are 55.62M, and float is at 55.24M with Short Float at 4.35%. Institutions hold 102.92% of the Float.

The top institutional shareholder in the company is FMR LLC with over 8.38 million shares valued at $887.04 million. The investor’s holdings represent 14.5714% of the PVH Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 5.71 million shares valued at $604.11 million to account for 9.9238 of the shares outstanding. The other top investors are PZENA INVESTMENT MANAGEMENT LLC which holds 5.62 million shares representing 9.7804% and valued at over $595.38 million, while BLACKROCK INC. holds 8.9705 of the shares totaling 5.16 million with a market value of $546.08 million.

PVH Corp (PVH) Insider Activity

The most recent transaction is an insider sale by FISCHER MARK D, the company’s EVP, General Counsel & Sec. SEC filings show that FISCHER MARK D sold 3,186 shares of the company’s common stock on Dec 30 ’24 at a price of $105.50 per share for a total of $0.34 million. Following the sale, the insider now owns 23103.0 shares.

Still, SEC filings show that on Apr 11 ’24, HOLMES JAMES (EVP & Controller) disposed off 3,000 shares at an average price of $108.39 for $0.33 million. The insider now directly holds 13,904 shares of PVH Corp (PVH).

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