Movado Group (NYSE:MOV – Get Free Report) is anticipated to announce its Q2 2027 results before the market opens on Wednesday, August 26th. Analysts expect the company to post earnings of $0.3525 per share and revenue of $164.1980 million for the quarter. Investors may review the information on the company’s upcoming Q2 2027 earning summary page for the latest details on the call scheduled for Wednesday, August 26, 2026 at 9:00 AM ET.
Movado Group (NYSE:MOV – Get Free Report) last issued its quarterly earnings results on Wednesday, May 27th. The company reported $0.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.06 by $0.26. The firm had revenue of $142.40 million for the quarter, compared to analyst estimates of $135.12 million. Movado Group had a return on equity of 7.13% and a net margin of 4.70%.During the same period in the previous year, the company posted $0.06 earnings per share. On average, analysts expect Movado Group to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Movado Group Stock Up 0.1%
Movado Group stock opened at $34.84 on Monday. The business has a 50 day moving average price of $37.64 and a two-hundred day moving average price of $30.92. Movado Group has a 12 month low of $16.75 and a 12 month high of $40.50. The stock has a market cap of $769.27 million, a price-to-earnings ratio of 24.89 and a beta of 0.97.
Movado Group Increases Dividend
Analysts Set New Price Targets
A number of research analysts recently commented on the company. Northland Securities set a $35.00 target price on Movado Group in a research note on Wednesday, May 27th. Zacks Research raised shares of Movado Group from a “hold” rating to a “strong-buy” rating in a report on Friday, May 29th. Weiss Ratings cut shares of Movado Group from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, May 28th. Finally, BWS Financial reaffirmed a “buy” rating and set a $45.00 price objective on shares of Movado Group in a report on Monday, July 27th. Two analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $40.00.
Read Our Latest Analysis on Movado Group
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Royal Bank of Canada grew its holdings in shares of Movado Group by 4.1% in the 1st quarter. Royal Bank of Canada now owns 26,524 shares of the company’s stock worth $444,000 after purchasing an additional 1,042 shares during the last quarter. AQR Capital Management LLC lifted its holdings in Movado Group by 26.5% during the 1st quarter. AQR Capital Management LLC now owns 129,746 shares of the company’s stock valued at $2,169,000 after purchasing an additional 27,182 shares during the last quarter. Goldman Sachs Group Inc. boosted its position in Movado Group by 212.8% in the first quarter. Goldman Sachs Group Inc. now owns 671,397 shares of the company’s stock valued at $11,226,000 after buying an additional 456,727 shares in the last quarter. Empowered Funds LLC boosted its position in Movado Group by 5.5% in the first quarter. Empowered Funds LLC now owns 108,377 shares of the company’s stock valued at $1,812,000 after buying an additional 5,697 shares in the last quarter. Finally, Jane Street Group LLC boosted its position in Movado Group by 11.4% in the first quarter. Jane Street Group LLC now owns 104,188 shares of the company’s stock valued at $1,742,000 after buying an additional 10,670 shares in the last quarter. 72.08% of the stock is owned by institutional investors.
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.
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