For its fourth fiscal quarter (ending January 31), PVH Corp (NYSE: PVH) has reported a 110% increase in E.P.S. from $2.20 a year ago to $4.61 in the current quarter. This performance was $1.09 better than the consensus estimate of $3.52. E.P.S. were $10.88 for the latest four quarters through January 31 versus $3.05 for the same period a year ago — an increase of 257%.
Recent Price Action
On 4/1/24, PVH Corp (NYSE: PVH) stock declined slightly by -0.6%, closing at $139.73. Moreover, exceptionally high trading volume at 365% of normal accompanied the decline. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 1.3% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, PVH is expected to continue to be an important Value Builder.
PVH has a current Value Trend Rating of A (Highest Rating). This rating combines complementary signals from two proprietary PTR measures of a stock’s attractiveness. PVH has a slightly positive Appreciation Score of 66 and a very high Power Rating of 97, triggering the Highest Value Trend Rating.
Rating Review
In light of this encouraging new earnings information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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