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Movado Group Inc (MOV)

NYSE
Currency in USD
21.31
+0.36(+1.72%)
Closed
After Hours
21.310.00(0.00%)
MOV Scorecard
Full Analysis
Holds more cash than debt on its balance sheet
High dividend Yield
Fair Value
Day's Range
20.9221.43
52 wk Range
17.8631.44
Key Statistics
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Prev. Close
20.95
Open
21.07
Day's Range
20.92-21.43
52 wk Range
17.86-31.44
Volume
180.94K
Average Volume (3m)
309.1K
1-Year Change
-24.48%
Book Value / Share
22.64
Fair Value
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Fair Value Upside
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MOV Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
38.00
Upside
+78.32%
Members' Sentiments
Bearish
Bullish
ProTips
Has raised its dividend for 3 consecutive years
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Movado Group Inc Company Profile

Movado Group, Inc. designs, sources, markets, and distributes watches in the United States and internationally. The company operates in two segments, Watch and Accessory Brands, and Company Stores. The company offers its watches under the Movado, Concord, Ebel, Olivia Burton, and MVMT brands, as well as licensed brands comprising Coach, Tommy Hilfiger, HUGO BOSS, Lacoste, and Calvin Klein. It also designs, sources, markets, and distributes jewelry and other accessories; and provides after-sales and shipping services. The company’s customers include jewelry store chains, department stores, independent regional jewelers, network of independent distributors, online marketplaces, licensors’ retail stores, and third-party e-commerce retailers. It sells directly to consumers through its e-commerce platforms. The company was formerly known as North American Watch Corporation and changed its name to Movado Group, Inc. in 1996. Movado Group, Inc. was founded in 1961 and is headquartered in Paramus, New Jersey.

Employees
1283

Movado Group Inc Earnings Call Summary for Q4/2024

  • Movado's Q3 EPS of $0.37 missed $0.80 forecast; revenue fell 2.6% YoY to $182.7M, below $209.1M estimate
  • U.S. sales declined 7.1%, international markets grew 0.4%; India sales up 20%
  • Company announced $50M share repurchase program; stock rose 0.66% despite earnings miss
  • FY2025 net sales projected at $665M with 54% gross margin; focus on profitability improvement for FY2026
  • Challenging retail environment and increased operating expenses cited as key factors impacting performance
Last Updated: 06/12/2024, 01:56 am
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Compare MOV to Peers and Sector

Metrics to compare
MOV
Peers
Sector
Relationship
P/E Ratio
19.7x18.9x10.8x
PEG Ratio
−0.33−0.430.02
Price/Book
0.9x4.6x1.4x
Price / LTM Sales
0.7x2.1x1.0x
Upside (Analyst Target)
81.4%−0.2%19.6%
Fair Value Upside
Unlock−2.6%6.6%Unlock

Analysts' Recommendations

1 Buy
0 Hold
0 Sell
Ratings:
1 analysts
Overall Consensus
Strong Buy

Analysts 12-Month Price Target:

Average 38.00

(+78.32% Upside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 1.07
Dividend Yield
6.68%
Industry Median 0.99%
Annualised payout
1.4000
Paid quarterly
5-Years Growth
+11.84%
Growth Streak

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FAQ

What Is the Movado (MOV) Stock Price Today?

The Movado stock price today is 21.31

What Stock Exchange Does Movado Trade On?

Movado is listed and trades on the NYSE stock exchange.

What Is the Stock Symbol for Movado?

The stock symbol for Movado is "MOV."

Does Movado Pay Dividends? What’s The Current Dividend Yield?

The Movado dividend yield is 6.68%.

What Is the Movado Market Cap?

As of today, Movado market cap is 473.94M.

What is Movado Earnings Per Share?

The Movado EPS is 1.07.

What Is the Next Movado Earnings Date?

Movado will release its next earnings report on 26 Mar 2025.

From a Technical Analysis Perspective, Is MOV a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.
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