PVH Corp (NYSE:PVH) shares, rose in value, with the stock price up by 0.22% to the previous day’s close as strong demand from buyers drove the stock to $111.03.
Actively observing the price movement in the last trading, the stock closed the session at $110.79. The PE ratio was 10.23 over 12-month period. Referring to stock’s 52-week performance, its high was $141.15, and the low was $69.27. On the whole, PVH has fluctuated by -20.35% over the past month.
The company’s Forward Dividend Ratio is 0.15, with its dividend yield at 0.14%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 8.65B, with a low estimate of 1.92B and a high estimate of 1.95B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.93B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that PVH’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the PEG ratio is about 0.76, with the price of PVH currently trading nearly -0.50% and -11.26% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 42.23, while the 7-day volatility ratio is showing 2.57% which for the 30-day chart, stands at 2.81%. Furthermore, PVH Corp (PVH)’s beta value is 2.24, and its average true range (ATR) is 3.64.
A comparison of PVH Corp (PVH) with its peers suggests the former has fared considerably weaker in the market. PVH showed an intraday change of 0.22% in last session, and over the past year, it grew by 33.58%%.
Data on historical trading for PVH Corp (NYSE:PVH) indicates that the trading volumes over the past 3 months, they’ve averaged 1.01 million. According to company’s latest data on outstanding shares, there are 57.63 million shares outstanding.
Nearly 0.66% of PVH Corp’s shares belong to company insiders and institutional investors own 106.79% of the company’s shares. The stock has fallen by -9.08% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the PVH stock heading into the next quarter.
