For its second fiscal quarter (ending July 31), PVH Corp (NYSE: PVH) has reported E.P.S. of $2.83 compared to $1.52 a year ago. For the latest four quarters through July 31, E.P.S. were $12.75 compared to $3.01 a year ago.
Recent Price Action
PVH Corp (NYSE: PVH) stock closed at $104.46 on 8/27/24 after a modest gain of 0.7%. Moreover, unusually high trading volume at 162% of normal accompanied the advance. The stock has risen 3.7% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are 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 C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. PVH has a good Appreciation Score of 78 but a poor Power Rating of 18, leading to the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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