For its third fiscal quarter (ending October 31), Movado Group Inc (NYSE: MOV) has reported a -71% decline in E.P.S. from $0.78 a year ago to $0.23 in the current quarter. E.P.S. were $1.07 for the latest four quarters through October 31 versus $2.58 for the same period a year ago — a decline of -59%.
Recent Price Action
Movado Group Inc (NYSE: MOV) stock declined slightly by -0.3% on 12/5/24. The stock closed at $20.80. This decline was accompanied by normal trading volume. The stock has risen 5.3% during the last week but has been extremely weak relative to the market over the last nine months.
Current PriceTarget Research Rating
Movado Group has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Movado Group has a slightly positive Appreciation Score of 68 but a poor Power Rating of 15, and the Negative Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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