PVH (NYSE:PVH) Earns Underperform Rating from Bank of America

by · The Markets Daily

PVH (NYSE:PVH – Get Free Report)‘s stock had its “underperform” rating restated by Bank of America in a research report issued on Thursday,Benzinga reports. They presently have a $70.00 price objective on the textile maker’s stock, down from their prior price objective of $90.00. Bank of America‘s price target would indicate a potential downside of 3.60% from the company’s previous close.

Other equities research analysts have also issued research reports about the company. Wall Street Zen lowered PVH from a “buy” rating to a “hold” rating in a report on Saturday, June 6th. The Goldman Sachs Group decreased their price target on PVH from $93.00 to $87.00 and set a “buy” rating on the stock in a research note on Friday, June 5th. Weiss Ratings raised PVH from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, June 8th. Zacks Research cut PVH from a “strong-buy” rating to a “hold” rating in a research report on Tuesday. Finally, Evercore set a $79.00 target price on PVH and gave the company an “in-line” rating in a report on Thursday, June 4th. Seven investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $84.71.

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PVH Stock Performance

NYSE:PVH opened at $72.61 on Thursday. The firm has a market cap of $3.35 billion, a price-to-earnings ratio of 22.98, a price-to-earnings-growth ratio of 0.98 and a beta of 1.71. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.68 and a quick ratio of 0.93. PVH has a 1-year low of $59.60 and a 1-year high of $100.75. The firm’s fifty day moving average price is $86.48 and its 200 day moving average price is $74.95.

PVH (NYSE:PVH – Get Free Report) last issued its earnings results on Wednesday, June 3rd. The textile maker reported $2.01 earnings per share for the quarter, beating the consensus estimate of $1.80 by $0.21. PVH had a net margin of 1.76% and a return on equity of 10.87%. The business had revenue of $2.03 billion for the quarter, compared to the consensus estimate of $2 billion. During the same quarter in the previous year, the firm earned $2.30 earnings per share. The business’s quarterly revenue was up 2.1% compared to the same quarter last year. PVH has set its Q2 2026 guidance at 3.000-3.10 EPS and its FY 2026 guidance at 11.800-12.10 EPS. On average, sell-side analysts expect that PVH will post 12.06 EPS for the current year.

Institutional Investors Weigh In On PVH

A number of institutional investors and hedge funds have recently modified their holdings of the company. Principal Financial Group Inc. increased its stake in PVH by 2.2% in the 4th quarter. Principal Financial Group Inc. now owns 563,629 shares of the textile maker’s stock valued at $37,774,000 after purchasing an additional 12,279 shares in the last quarter. Vaughan Nelson Investment Management L.P. boosted its position in PVH by 9.7% during the fourth quarter. Vaughan Nelson Investment Management L.P. now owns 973,895 shares of the textile maker’s stock worth $65,270,000 after purchasing an additional 86,490 shares in the last quarter. Barclays PLC grew its holdings in PVH by 68.4% in the third quarter. Barclays PLC now owns 1,197,009 shares of the textile maker’s stock valued at $100,273,000 after purchasing an additional 486,210 shares during the last quarter. Invenomic Capital Management LP grew its holdings in PVH by 19.1% in the third quarter. Invenomic Capital Management LP now owns 493,435 shares of the textile maker’s stock valued at $41,335,000 after purchasing an additional 78,983 shares during the last quarter. Finally, Daytona Street Capital LLC purchased a new position in shares of PVH in the fourth quarter valued at $2,397,000. Institutional investors and hedge funds own 97.25% of the company’s stock.

PVH Company Profile

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PVH Corp is a leading global apparel company known for its portfolio of iconic brands in the dress shirt, sportswear and lifestyle categories. The company designs, markets and distributes clothing, accessories and fragrances under both owned and licensed brands. PVH’s core brand holdings include Calvin Klein and Tommy Hilfiger, complemented by a range of heritage labels such as Van Heusen, IZOD, ARROW, Warner’s and Olga.

PVH’s operations span the entire value chain from product design and development to manufacturing, marketing and distribution.

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