Ready to Jump After Recent Trade: PVH Corp (PVH)

With 0.9 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.76 million shares. The 52-week range on PVH shows that it touched its highest point at $139.59 and its lowest point at $69.27 during that stretch. It currently has a 1-year price target of $138.15. With its current market cap of 8.31 billion, PVH has annualized dividend of $0.15 while the current yield stands at 0.11%. Beta for the stock currently stands at 2.20.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of PVH was up-trending over the past week, with a rise of 1.46%, but this was up by 1.66% over a month. Three-month performance surged to 14.50% while six-month performance rose 89.15%. The stock gained 89.35% in the past year, while it has gained 14.15% so far this year. A look at the trailing 12-month EPS for PVH yields 8.48 with Next year EPS estimates of 12.11. For the next quarter, that number is 3.53. This implies an EPS growth rate of 16.92% for this year and 15.48% for next year. EPS is expected to grow by 13.40% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -15.05%.

Float and Shares Shorts:

At present, 62.71 million PVH shares are outstanding with a float of 59.30 million shares on hand for trading. On Feb 29, 2024, short shares totaled 2.29 million, which was 3.84% higher than short shares on Jan 31, 2024. In addition to PH as the firm’s Parker-Hannifin Corporation, PVH serves as its PVH Corp.

Institutional Ownership:

Through their ownership of 102.73% of PVH’s outstanding shares, institutional investors have majority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for PVH since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.