PVH Corp (NYSE: PVH). Extremely significant positive changes in investment behavior have recently occurred: positive upside/downside volume developed, the stock’s recent price rise disrupted its longer term downtrend, and the stock rose on very heavy volume.
Marginal positive changes in PVH Corp (NYSE: PVH) fundamentals have recently occurred: significant quarterly earnings acceleration occurred.
In light of these very positive signals we are reviewing our current Overall Rating of B. We would continue to view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
PVH’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
PVH has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. PVH has a neutral Power Rating of 57 but a good Appreciation Score of 78, leading to the Positive Value Trend Rating.
Recent Price Action
PVH Corp (NYSE: PVH) stock enjoyed a large increase of 4.7% on 12/4/23. The stock closed at $104.27. Moreover, trading volume in this advance was exceptionally high at 207% of normal. The stock has performed in line with the market over the last nine months and has risen 19.7% during the last week.
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