Latest news with #PVH
Business Insider
20 hours ago
- Business
- Business Insider
TD Cowen Remains a Buy on PVH (PVH)
TD Cowen analyst John Kernan maintained a Buy rating on PVH (PVH – Research Report) today and set a price target of $113.00. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to TipRanks, Kernan is a 5-star analyst with an average return of 10.3% and a 54.47% success rate. Kernan covers the Consumer Cyclical sector, focusing on stocks such as Dick's Sporting Goods, Ralph Lauren, and Burlington Stores. In addition to TD Cowen, PVH also received a Buy from Needham's Tom Nikic in a report issued on May 30. However, on the same day, Citi maintained a Hold rating on PVH (NYSE: PVH). Based on PVH's latest earnings release for the quarter ending February 2, the company reported a quarterly revenue of $2.37 billion and a net profit of $157.2 million. In comparison, last year the company earned a revenue of $2.49 billion and had a net profit of $271.8 million
Yahoo
3 days ago
- Business
- Yahoo
PVH Q1 Earnings on the Horizon: Here's What Lies Ahead for the Stock
PVH Corporation PVH is likely to post a year-over-year decline in its top and bottom lines when it reports first-quarter fiscal 2025 results on June 4, after market close. The Zacks Consensus Estimate for quarterly revenues is pegged at $1.9 billion, indicating a drop of 0.8% from the prior-year the consensus estimate for earnings has moved up a penny to $2.23 per share, the metric indicates a decline of about 9% year over the last reported quarter, the company delivered an earnings surprise of 2.5%. It has a trailing four-quarter earnings surprise of 16.4%, on average. (See the Zacks Earnings Calendar to stay ahead of market-making news.) PVH Corp's first-quarter fiscal 2025 results are likely to reflect the impacts of a challenging operating backdrop. Higher raw material costs and currency headwinds are likely to have been concerning. Increased investments in direct-to-consumer and international businesses are likely to have added to extra costs and hurt profitability. Elevated freight costs, due to disruptions in key sourcing locations, further add to the margin addition, the company has been witnessing sluggishness in its Heritage Brands segment for quite some time now, owing to the decline in the sale of the Heritage Brands women's intimates business. The wholesale channel remains under pressure, owing to a decline in sales of the Heritage Brands women's intimates business and PVH Corp.'s ongoing efforts to reduce sales in Europe. Aforesaid limitations are likely to have hurt PVH's sales and earnings performance during the to-be-reported its last earnings call, management had anticipated revenues to be flat to down 2% (flat to down 1% in constant currency) year over year for the fiscal first quarter. It had forecast the gross margin to contract roughly 250 basis points, due to higher freight costs and incremental discounts owing to the Calvin Klein product delays. PVH had then envisioned first-quarter operating margin to be 8-8.5%, down 150-200 basis points year over year. Interest expenses are anticipated to increase to $20 million compared with $18 million in the first quarter of Corp. had projected earnings per share, on a non-GAAP basis, in the range of $2.10-$2.25 for the impending quarter, lower than the $2.45 reported in the year-ago quarter. This view included an unfavorable currency impact of five cents a share. The Zacks Consensus Estimate for Calvin Klein and Heritage Brands Wholesale sales is currently pegged at $876 million and $43.2 million, respectively, indicating a year-over-year drop of 1.2% and 16.9%.While these factors raise concerns about the outcome, PVH Corp.'s PVH+ Plan appears encouraging. The plan mainly aims at accelerating growth by boosting its core strengths and connecting its key brands with the consumers. PVH aims to deliver top-tier products as it focuses on driving growth in its key categories. PVH plans to expand in global markets where its iconic brands already connect strongly with consumers. Gains from these efforts are likely to have provided some cushion to the quarterly performance. Our proven model does not conclusively predict an earnings beat for PVH Corp. this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that's not the case here. PVH Corp. price-eps-surprise | PVH Corp. Quote PVH Corp. has an Earnings ESP of -1.05% and a Zacks Rank of 2. You can uncover the best stocks before they're reported with our Earnings ESP Filter. From a valuation perspective, PVH Corp.'s shares present an attractive opportunity, trading at a discount relative to historical and industry benchmarks. With a forward 12-month price-to-earnings ratio of 6.47X, below the five-year median of 8.92X and the Textile - Apparel industry's average of 12.72X, the stock offers compelling value for investors seeking exposure to the recent market movements show that PVH's shares have gained 19.1% in the past three months against the industry's 6.5% decline. Here are some companies, which according to our model, have the right combination of elements to post an earnings beat this season:Dollar Tree DLTR currently has an Earnings ESP of +7.86% and a Zacks Rank of 3. The company is likely to register top and bottom-line declines when it reports first-quarter fiscal 2025 results. The consensus mark for DLTR's quarterly revenues is pegged at $4.5 billion, which indicates a plunge of 40.5% from the figure reported in the prior-year quarter. You can see the complete list of today's Zacks #1 Rank stocks here. The Zacks Consensus Estimate for Dollar Tree's earnings has moved up a couple of cents to $1.20 per share in the past 30 days. The consensus estimate indicates a drop of 16.1% from the year-ago quarter's actual. DLTR delivered a negative trailing four-quarter earnings surprise of 8.4%, on General Corporation DG currently has an Earnings ESP of +3.15% and a Zacks Rank #3. The Zacks Consensus Estimate for first-quarter fiscal 2025 earnings per share has increased a penny in the past 30 days to $1.47, implying a 10.9% year-over-year decline. Dollar General's top line is expected to rise year over Zacks Consensus Estimate for quarterly revenues is pegged at $10.3 billion, which indicates an increase of 3.7% from the figure reported in the prior-year quarter. DG delivered a trailing four-quarter earnings surprise of 1.2%, on athletica LULU currently has an Earnings ESP of +1.82% and a Zacks Rank of 3. LULU is likely to register top-line growth when it reports first-quarter fiscal 2025 results. The Zacks Consensus Estimate for its quarterly revenues is pegged at $2.4 billion, indicating 6.6% growth from the figure reported in the year-ago consensus estimate for LULU's earnings has been stable at $2.58 per share in the past 30 days. The consensus estimate indicates a drop of 1.6% from the year-ago quarter's actual. LULU has a trailing four-quarter earnings surprise of 6.6%, on average. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Dollar General Corporation (DG) : Free Stock Analysis Report Dollar Tree, Inc. (DLTR) : Free Stock Analysis Report lululemon athletica inc. (LULU) : Free Stock Analysis Report PVH Corp. (PVH) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
4 days ago
- Business
- Yahoo
Seeking Clues to PVH (PVH) Q1 Earnings? A Peek Into Wall Street Projections for Key Metrics
The upcoming report from PVH (PVH) is expected to reveal quarterly earnings of $2.23 per share, indicating a decline of 9% compared to the year-ago period. Analysts forecast revenues of $1.94 billion, representing a decrease of 0.8% year over year. Over the last 30 days, there has been an upward revision of 1.1% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe. Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock. While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights. In light of this perspective, let's dive into the average estimates of certain PVH metrics that are commonly tracked and forecasted by Wall Street analysts. Analysts predict that the 'Revenue- Tommy Hilfiger' will reach $1.02 billion. The estimate suggests a change of +0.5% year over year. The consensus estimate for 'Revenue- Total Calvin Klein' stands at $876.14 million. The estimate suggests a change of -1.2% year over year. The collective assessment of analysts points to an estimated 'Revenue- Heritage Brands Wholesale' of $43.23 million. The estimate indicates a change of -16.5% from the prior-year quarter. The combined assessment of analysts suggests that 'Revenue- Tommy Hilfiger North America' will likely reach $297.79 million. The estimate indicates a year-over-year change of +0.4%. Analysts forecast 'Revenue- Calvin Klein North America' to reach $288.91 million. The estimate indicates a change of +1.3% from the prior-year quarter. The average prediction of analysts places 'Revenue- Calvin Klein International' at $587.23 million. The estimate indicates a year-over-year change of -2.4%. It is projected by analysts that the 'Revenue- Tommy Hilfiger International' will reach $720.52 million. The estimate points to a change of +0.6% from the year-ago all Key Company Metrics for PVH here>>>PVH shares have witnessed a change of +23.5% in the past month, in contrast to the Zacks S&P 500 composite's +6.4% move. With a Zacks Rank #2 (Buy), PVH is expected outperform the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report PVH Corp. (PVH) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
5 days ago
- Business
- Yahoo
Earnings Preview: PVH (PVH) Q1 Earnings Expected to Decline
PVH (PVH) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended April 2025. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The earnings report, which is expected to be released on June 4, 2025, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower. While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise. This owner of the Calvin Klein and Tommy Hilfiger brands is expected to post quarterly earnings of $2.23 per share in its upcoming report, which represents a year-over-year change of -9%. Revenues are expected to be $1.94 billion, down 0.8% from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 1.1% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change. Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only. A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP. Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell). For PVH, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -1.05%. On the other hand, the stock currently carries a Zacks Rank of #2. So, this combination makes it difficult to conclusively predict that PVH will beat the consensus EPS estimate. While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number. For the last reported quarter, it was expected that PVH would post earnings of $3.19 per share when it actually produced earnings of $3.27, delivering a surprise of +2.51%. Over the last four quarters, the company has beaten consensus EPS estimates four times. An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss. That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported. PVH doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report PVH Corp. (PVH) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
6 days ago
- Business
- Yahoo
UBS Lifts PVH Corp (PVH) PT Ahead of Q1 Report
On May 28, UBS raised the firm's target on PVH Corp. (NYSE:PVH) from $140 to $150, while maintaining a Buy rating on the stock. The target price upgrade comes as the company gets close to reporting its Q1 2025 results. A customer trying on a sports jacket in-store, showcasing the company's sportswear range. PVH Corp. (NYSE:PVH) is an international apparel company known for its popular brands including Tommy Hilfiger, Calvin Klein, and Heritage Brands. The firm expressed its confidence in the company's ability to drive significant earnings growth over the long term, particularly driven by its self-help initiative. The self-help initiative refers to its PVH+ Plan, through which the company aims to drive sustainable, profitable growth and connect its brands more closely with consumers. During the fiscal fourth quarter of 2024, PVH Corp. (NYSE:PVH) reported revenue of $2.372 billion down 5% year-over-year. Notably, the company beat its EPS guidance last year. UBS expects the Q1 EPS beat to be minimal due to the global macro environment uncertainty. The company is set to report its Q1 2025 results on June 4, 2025 While we acknowledge the potential of PVH as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than PVH and that has 100x upside potential, check out our report about the . READ NEXT: and . Disclosure: None. Sign in to access your portfolio
