Last Updated: 10 Nov 2024
Executive Summary
PVH Corp. (PVH) is a leading global apparel company with a diverse portfolio of iconic brands including Van Heusen, Tommy Hilfiger, Calvin Klein, and IZOD. The company has a strong financial position, with a market capitalization of $5.8 billion and an EBITDA of $1.2 billion. PVH's fundamentals are solid, with a trailing PE ratio of 8.43 and a forward PE ratio of 7.6. The company's technical analysis indicates a bullish trend, with the stock price above its 50-day and 200-day moving averages. In the short term, PVH's outlook is positive, with analysts expecting the stock to continue to rise. In the long term, PVH's growth potential is supported by its strong brand portfolio and its focus on innovation and sustainability.
Company Overview
PVH Corp. is an American clothing company that owns a portfolio of iconic brands such as Van Heusen, Tommy Hilfiger, Calvin Klein, and IZOD. The company was founded in 1881 and is headquartered in New York City. PVH has a global presence, with operations in over 40 countries. The company's products are sold in a variety of channels, including department stores, specialty stores, and online retailers.
Fundamental Analysis
PVH's financial performance has been strong in recent years. In the latest quarter, the company reported revenue of $8.8 billion, up 0.9% year-over-year. Net income was $1.2 billion, up 1.5% year-over-year. Diluted EPS was $12.36, up 0.9% year-over-year. PVH's profitability metrics are also strong. The company's gross profit margin is 57.9%, and its operating margin is 8.6%. PVH's return on assets is 5.13%, and its return on equity is 14.5%.
Technical Analysis
PVH's technical analysis indicates a bullish trend. The stock price is above its 50-day and 200-day moving averages. The relative strength index (RSI) is 65.3, which indicates that the stock is overbought. The moving average convergence divergence (MACD) is positive, which indicates that the stock is in a bullish trend.
Short Term Outlook
In the short term, PVH's outlook is positive. The stock price is above its key moving averages, and the technical indicators are bullish. Analysts expect the stock to continue to rise in the short term. The consensus price target for PVH is $123.31, which represents a potential upside of 18.3% from the current price.
Long Term Outlook
In the long term, PVH's growth potential is supported by its strong brand portfolio and its focus on innovation and sustainability. The company's brands are well-known and trusted by consumers around the world. PVH is also investing in innovation to create new products and services that meet the needs of its customers. The company is also committed to sustainability, and it has set a goal of reducing its environmental impact by 30% by 2030.
Analyst Recommendations
Analysts are bullish on PVH. The consensus recommendation for the stock is "Buy." Four analysts have a "Strong Buy" rating on the stock, eight analysts have a "Buy" rating, and four analysts have a "Hold" rating. No analysts have a "Sell" or "Strong Sell" rating on the stock.
