Earnings

Stock to Watch for Earnings: PVH Corp (NYSE:PVH)

Shares of PVH Corp (NYSE:PVH) fell -0.67% to reach at $108.82 during the course of previous trade. The company has experienced volume of 1.56M shares while on average the company has a capacity of trading 738,849.00 shares.

PVH Corp (NYSE:PVH) on August 24, 2016 reported 2016 second quarter results.

Second Quarter Business Review:

Revenue in the Calvin Klein business for the quarter increased 12% to $726 million on a GAAP basis (increased 15% on a constant currency basis) compared to the prior year period. Calvin Klein North America revenue increased 11% to $398 million on a GAAP basis (increased 12% on a constant currency basis) compared to the prior year period primarily driven by continued healthy performance across the North America wholesale businesses. Revenue in the North America retail business grew modestly, as square footage expansion in Company-operated stores was partially offset by a 4% comparable store sales decline driven by continued weakness in traffic and consumer spending trends in Calvin Klein’s U.S. stores located in international tourist locations. Calvin Klein International revenue increased 13% to $328 million on a GAAP basis (increased 17% on a constant currency basis) compared to the prior year period, including an 11% increase in comparable store sales. The robust performance was driven by growth across Europe and Asia.

Revenue in the Tommy Hilfiger business for the quarter increased 6% to $860 million on a GAAP basis (increased 7% on a constant currency basis) compared to the prior year period. Tommy Hilfiger North America revenue increased 3% to $407 million on a GAAP basis (also increased 3% on a constant currency basis) compared to the prior year period, as growth in the wholesale business was partially offset by continued softness in the U.S. retail business. North America comparable store sales declined 7% compared to the prior year period, driven by continued weakness in traffic and consumer spending trends in Tommy Hilfiger’s U.S. stores located in international tourist locations.

PVH Corp (NYSE:PVH) holds the market capitalization of $8.99B along with 80.86M outstanding shares. During the last trade, stock’s minimum price has been reached out at $107.53 while the maximum trading price moved at $110.01. For the stock, price target value has been calculated at $107.56 based on calls of 16 experts. Stock’s minimum price target estimates has been figured out at $78.00 while the maximum price target forecast is established at $125.00. Currently the stock price is moving -9.66% off from the highest level of twelve months and +69.83% above from twelve months low. PVH Corp (NYSE:PVH)  marked 52 week highest price level of $120.67 on 09/03/15 and 52 week lowest price level of $64.16 on 01/20/16.

As of current trade, PVH Corp (NYSE:PVH) has shown weekly upbeat performance of 3.63%. Its six months performance indicated a bullish movement while its yearly performance reflected a negative trend of -0.19%. Year-to-date (YTD) performance of the stock illustrate upbeat trend of 47.94%. Shares of PVH Corp (NYSE:PVH) currently have an ABR of 1.60, derived from a total of 10 opinions. The company’s price sits 9.98% above from its 50-day moving average of $108.53 and 23.29% above from the stock’s 200-day moving average of $108.53. The company has Relative Strength Index (RSI 14) of 72.65 along with Average True Range (ATR 14) of 2.38. Its weekly and monthly volatility is 2.05%, 2.30% respectively. The company’s beta value is at 1.14.

PVH Corp (NYSE:PVH) currently has a PEG ratio of 2.04 where as its P/E ratio is 13.03. The company’s price to sales ratio for trailing twelve months is 1.10 and price to book ratio for most recent quarter is 1.82, whereas price to cash per share for the most recent quarter is 24.23. PVH Corp (NYSE:PVH)’s price to free cash flow for trailing twelve months is 13.11. Its quick ratio for most recent quarter is 0.90 along with current ratio for most recent quarter of 1.80. Total debt to equity ratio of the company for most recent quarter is 0.65 whereas long term debt to equity ratio for most recent quarter is 0.62. PVH Corp (NYSE:PVH) has a Return on Assets of 6.40%. The company currently has a Return on Equity of 15.00% and Return on Investment of 8.80%.

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