PVH (NYSE:PVH) Director Henry Nasella sold 20,000 shares of the stock in a transaction that occurred on Tuesday, April 3rd. The shares were sold at an average price of $155.00, for a total transaction of $3,100,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.
Shares of PVH stock opened at $156.73 on Friday. The company has a current ratio of 1.62, a quick ratio of 0.77 and a debt-to-equity ratio of 0.55. PVH has a one year low of $96.85 and a one year high of $160.22. The company has a market capitalization of $12,271.00, a PE ratio of 19.74, a P/E/G ratio of 1.34 and a beta of 0.74.
PVH (NYSE:PVH) last issued its quarterly earnings data on Wednesday, March 28th. The textile maker reported $1.58 EPS for the quarter, topping the consensus estimate of $1.47 by $0.11. PVH had a net margin of 6.03% and a return on equity of 12.03%. The firm had revenue of $2.50 billion for the quarter, compared to analyst estimates of $2.35 billion. During the same period in the prior year, the business posted $1.23 EPS. The business’s revenue for the quarter was up 18.5% compared to the same quarter last year. equities analysts expect that PVH will post 9.15 earnings per share for the current year.
PVH has been the subject of several analyst reports. Piper Jaffray increased their price target on shares of PVH to $173.00 and gave the company an “overweight” rating in a research note on Tuesday, January 30th. Wells Fargo increased their price target on shares of PVH from $158.00 to $165.00 and gave the company an “outperform” rating in a research note on Wednesday, January 3rd. Instinet initiated coverage on shares of PVH in a research note on Thursday, February 15th. They issued a “neutral” rating and a $150.00 price target for the company. Nomura initiated coverage on shares of PVH in a research note on Thursday, February 15th. They issued a “neutral” rating and a $150.00 price target for the company. Finally, Zacks Investment Research raised shares of PVH from a “hold” rating to a “buy” rating and set a $158.00 price target for the company in a research note on Thursday, January 11th. Five analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $158.28.
A number of institutional investors have recently added to or reduced their stakes in PVH. Cerebellum GP LLC acquired a new stake in PVH during the 4th quarter worth approximately $131,000. Squar Milner Financial Services LLC acquired a new stake in PVH during the 4th quarter worth approximately $212,000. Conning Inc. acquired a new stake in PVH during the 4th quarter worth approximately $220,000. Everence Capital Management Inc. acquired a new stake in PVH during the 4th quarter worth approximately $248,000. Finally, Visionary Asset Management Inc. acquired a new stake in PVH during the 3rd quarter worth approximately $266,000. Institutional investors own 96.16% of the company’s stock.
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PVH Corp. operates as an apparel company in the United States and internationally. The company operates through Calvin Klein North America, Calvin Klein International, Tommy Hilfiger North America, Tommy Hilfiger International, Heritage Brands Wholesale, and Heritage Brands Retail segments. It designs, markets, and retails men's and women's apparel and accessories, branded dress shirts, neckwear, sportswear, jeans wear, intimate apparel, swim products, handbags, footwear, golf apparel, fragrances, cosmetics, eyewear, socks, jewelry, watches, outerwear, small leather goods, and furnishings, as well as other related products.
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