Movado Group (NYSE:MOV) will be releasing its earnings data before the market opens on Friday, March 16th. Analysts expect Movado Group to post earnings of $0.26 per share for the quarter.
Movado Group (MOV) opened at $31.95 on Wednesday. The company has a market cap of $726.02, a PE ratio of 31.02 and a beta of -0.03. The company has a debt-to-equity ratio of 0.05, a quick ratio of 3.12 and a current ratio of 4.80. Movado Group has a 52 week low of $20.50 and a 52 week high of $33.95.
Several research firms have commented on MOV. ValuEngine raised shares of Movado Group from a “hold” rating to a “buy” rating in a research note on Tuesday, December 5th. Zacks Investment Research cut shares of Movado Group from a “buy” rating to a “hold” rating in a research note on Friday, March 9th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $30.00.
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About Movado Group
Movado Group, Inc designs, sources, markets and distributes watches. The Company operates through two segments: Wholesale and Retail. The Wholesale segment includes the design, development, sourcing, marketing and distribution of watches, and after-sales service activities and shipping. It sells all of its brands to jewelry store chains and department stores, as well as independent jewelers.
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