Movado Group (NYSE:MOV) Earns Outperform Rating from Analysts at Northland Securities

Northland Securities assumed coverage on shares of Movado Group (NYSE:MOV) in a research report released on Wednesday morning, MarketBeat Ratings reports. The brokerage issued an outperform rating and a $30.00 target price on the stock.

Other equities research analysts have also issued research reports about the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Movado Group in a research note on Monday, December 29th. BWS Financial reaffirmed a “buy” rating and issued a $31.50 price target on shares of Movado Group in a research report on Wednesday, November 26th. Wall Street Zen raised Movado Group from a “hold” rating to a “buy” rating in a report on Friday, November 28th. Finally, Zacks Research lowered Movado Group from a “hold” rating to a “strong sell” rating in a report on Friday, November 28th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $30.75.

Movado Group Price Performance

MOV opened at $22.63 on Wednesday. The company has a market capitalization of $500.94 million, a PE ratio of 23.33 and a beta of 0.90. Movado Group has a fifty-two week low of $12.85 and a fifty-two week high of $22.68. The business has a 50-day moving average of $20.31 and a 200-day moving average of $18.49.

Movado Group (NYSE:MOV) last released its quarterly earnings data on Tuesday, November 25th. The company reported $0.45 EPS for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.12). The firm had revenue of $186.13 million during the quarter, compared to analyst estimates of $185.89 million. Movado Group had a return on equity of 5.86% and a net margin of 3.33%.During the same quarter in the prior year, the company posted $0.22 EPS. On average, equities research analysts expect that Movado Group will post 1.05 earnings per share for the current fiscal year.

Movado Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, December 22nd. Shareholders of record on Monday, December 8th were issued a $0.35 dividend. The ex-dividend date of this dividend was Monday, December 8th. This represents a $1.40 dividend on an annualized basis and a yield of 6.2%. Movado Group’s dividend payout ratio (DPR) is 144.33%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of MOV. Goldman Sachs Group Inc. grew its stake in shares of Movado Group by 212.8% in the first quarter. Goldman Sachs Group Inc. now owns 671,397 shares of the company’s stock worth $11,226,000 after acquiring an additional 456,727 shares during the last quarter. Brandes Investment Partners LP bought a new position in Movado Group during the second quarter valued at about $5,540,000. Russell Investments Group Ltd. raised its holdings in Movado Group by 426.8% in the 2nd quarter. Russell Investments Group Ltd. now owns 176,015 shares of the company’s stock valued at $2,684,000 after acquiring an additional 142,601 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of Movado Group by 153.4% in the 2nd quarter. JPMorgan Chase & Co. now owns 161,178 shares of the company’s stock worth $2,458,000 after acquiring an additional 97,566 shares during the period. Finally, Ameriprise Financial Inc. grew its holdings in shares of Movado Group by 14.4% during the 2nd quarter. Ameriprise Financial Inc. now owns 636,862 shares of the company’s stock worth $9,712,000 after purchasing an additional 80,109 shares in the last quarter. 72.08% of the stock is currently owned by institutional investors and hedge funds.

Movado Group News Summary

Here are the key news stories impacting Movado Group this week:

• Positive Sentiment: Northland initiated coverage with a “Strong‑Buy” and published aggressive multi‑year EPS targets (e.g., FY2026 $1.31, FY2027 $1.54, FY2028 $1.87) — a clear positive catalyst that can prompt analyst revisions and re‑rating of the stock. Northland Securities Initiates Coverage on Movado Group (NYSE:MOV)
• Positive Sentiment: Multiple Northland notes provide quarter‑by‑quarter EPS forecasts (Q4’26, Q1‑Q4’27, Q1‑Q3’28) reinforcing the firm’s confidence in near‑term and medium‑term earnings recovery — supportive for shares if other brokers follow. Movado Group upgraded to Strong‑Buy – Zacks
• Neutral Sentiment: Current consensus for the company’s full‑year earnings remains around $1.05; Northland’s figures exceed that by a wide margin. The divergence creates upside potential but also means the stock will be sensitive to actual quarter results versus these higher expectations.
• Negative Sentiment: Movado recently missed a quarterly EPS estimate (reported $0.45 vs. $0.57 consensus in November), so despite the bullish coverage, any near‑term operational slip or margin pressure could trigger downside as expectations rise.

About Movado Group

Movado Group, Inc is a global designer, manufacturer and distributor of watches and related jewelry products. The company’s portfolio encompasses both owned and licensed brands, offering a wide range of timepieces from luxury to accessible price points. Major owned brands include Movado, Concord, and Ebel, alongside newer acquisitions such as MVMT and Olivia Burton. In addition, Movado Group holds licensing agreements to produce watches under fashion names like Hugo Boss, Tommy Hilfiger, Coach, Lacoste and Scuderia Ferrari.

Movado Group’s product line spans classic dress watches, sport and dive models, fashion-forward designs and limited-edition collections.