PVH (PVH) Earning Somewhat Favorable News Coverage, Study Shows

Headlines about PVH (NYSE:PVH) have been trending somewhat positive recently, Accern reports. Accern ranks the sentiment of media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. PVH earned a news impact score of 0.17 on Accern’s scale. Accern also gave press coverage about the textile maker an impact score of 45.6038552197969 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

Here are some of the news stories that may have effected Accern’s rankings:

Shares of PVH (PVH) traded up $1.05 during trading on Friday, reaching $143.63. The company’s stock had a trading volume of 488,816 shares, compared to its average volume of 873,420. The company has a quick ratio of 0.97, a current ratio of 1.82 and a debt-to-equity ratio of 0.61. PVH has a 12-month low of $84.53 and a 12-month high of $144.83. The firm has a market capitalization of $11,050.00, a PE ratio of 21.37, a PEG ratio of 1.40 and a beta of 0.61.

PVH (NYSE:PVH) last announced its quarterly earnings data on Wednesday, November 29th. The textile maker reported $3.02 EPS for the quarter, beating the Zacks’ consensus estimate of $2.91 by $0.11. PVH had a return on equity of 11.95% and a net margin of 6.22%. The firm had revenue of $2.36 billion during the quarter, compared to analysts’ expectations of $2.34 billion. During the same quarter last year, the firm posted $2.60 earnings per share. The company’s revenue for the quarter was up 5.0% compared to the same quarter last year. analysts expect that PVH will post 7.81 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 20th. Shareholders of record on Wednesday, November 22nd were paid a $0.038 dividend. The ex-dividend date of this dividend was Tuesday, November 21st. This represents a $0.15 dividend on an annualized basis and a yield of 0.11%. PVH’s dividend payout ratio (DPR) is presently 2.23%.

A number of brokerages have weighed in on PVH. Zacks Investment Research upgraded PVH from a “hold” rating to a “buy” rating and set a $158.00 target price for the company in a report on Thursday. Wells Fargo & Co lifted their target price on PVH from $158.00 to $165.00 and gave the stock an “outperform” rating in a report on Wednesday, January 3rd. B. Riley began coverage on PVH in a report on Friday, December 22nd. They issued a “buy” rating and a $155.00 target price for the company. Barclays set a $156.00 target price on PVH and gave the stock a “buy” rating in a report on Saturday, December 2nd. Finally, JPMorgan Chase & Co. set a $160.00 target price on PVH and gave the stock a “buy” rating in a report on Thursday, November 30th. Five equities research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $147.59.

In related news, SVP James Holmes sold 2,552 shares of PVH stock in a transaction that occurred on Monday, December 18th. The stock was sold at an average price of $135.85, for a total transaction of $346,689.20. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Emanuel Chirico sold 370,327 shares of PVH stock in a transaction that occurred on Thursday, December 14th. The shares were sold at an average price of $132.56, for a total value of $49,090,547.12. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 388,299 shares of company stock worth $51,554,859. 1.30% of the stock is owned by insiders.

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PVH Company Profile

PVH Corp. is an apparel company. The Company operates through three segments: Calvin Klein, which consists of the Calvin Klein North America and Calvin Klein International segments; Tommy Hilfiger, which consists of the Tommy Hilfiger North America and Tommy Hilfiger International segments, and Heritage Brands, which consists of the Heritage Brands Wholesale and Heritage Brands Retail segments.

Insider Buying and Selling by Quarter for PVH (NYSE:PVH)

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