Movado Group (NYSE:MOV – Get Free Report) is expected to post its Q2 2027 results before the market opens on Wednesday, August 26th. Analysts expect Movado Group to announce earnings of $0.3525 per share and revenue of $164.1980 million for the quarter. Individuals can check the company’s upcoming Q2 2027 earning summary page for the latest details on the call scheduled for Wednesday, August 26, 2026 at 9:00 AM ET.
Movado Group (NYSE:MOV – Get Free Report) last released its earnings results on Wednesday, May 27th. The company reported $0.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.06 by $0.26. The company had revenue of $142.40 million for the quarter, compared to the consensus estimate of $135.12 million. Movado Group had a net margin of 4.70% and a return on equity of 7.13%. During the same quarter in the previous year, the company earned $0.06 EPS. On average, analysts expect Movado Group to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Movado Group Trading Down 0.1%
Shares of MOV stock opened at $34.78 on Tuesday. The firm has a fifty day simple moving average of $37.59 and a two-hundred day simple moving average of $30.99. Movado Group has a 12 month low of $16.75 and a 12 month high of $40.50. The firm has a market capitalization of $767.90 million, a PE ratio of 24.84 and a beta of 0.97.
Movado Group Increases Dividend
Wall Street Analysts Forecast Growth
A number of research firms have issued reports on MOV. Weiss Ratings downgraded Movado Group from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, May 28th. Northland Securities set a $35.00 price objective on Movado Group in a research note on Wednesday, May 27th. Zacks Research upgraded Movado Group from a “hold” rating to a “strong-buy” rating in a report on Friday, May 29th. Finally, BWS Financial reaffirmed a “buy” rating and set a $45.00 target price on shares of Movado Group in a research report on Monday, July 27th. Two analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Movado Group presently has an average rating of “Buy” and a consensus price target of $40.00.
Get Our Latest Stock Analysis on Movado Group
Institutional Investors Weigh In On Movado Group
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. PNC Financial Services Group Inc. grew its holdings in shares of Movado Group by 39.1% during the fourth quarter. PNC Financial Services Group Inc. now owns 1,598 shares of the company’s stock worth $33,000 after purchasing an additional 449 shares in the last quarter. CANADA LIFE ASSURANCE Co raised its stake in Movado Group by 70.2% in the fourth quarter. CANADA LIFE ASSURANCE Co now owns 1,756 shares of the company’s stock valued at $36,000 after purchasing an additional 724 shares in the last quarter. Comerica Bank lifted its position in Movado Group by 99.0% during the third quarter. Comerica Bank now owns 1,785 shares of the company’s stock valued at $34,000 after purchasing an additional 888 shares during the last quarter. State of Wyoming lifted its position in Movado Group by 23.5% during the fourth quarter. State of Wyoming now owns 5,443 shares of the company’s stock valued at $112,000 after purchasing an additional 1,036 shares during the last quarter. Finally, Royal Bank of Canada grew its stake in Movado Group by 4.1% in the 1st quarter. Royal Bank of Canada now owns 26,524 shares of the company’s stock worth $444,000 after buying an additional 1,042 shares in the last quarter. Institutional investors own 72.08% of the company’s stock.
About Movado Group
Movado Group, Inc is a global designer, manufacturer and distributor of watches and related jewelry products. The company’s portfolio encompasses both owned and licensed brands, offering a wide range of timepieces from luxury to accessible price points. Major owned brands include Movado, Concord, and Ebel, alongside newer acquisitions such as MVMT and Olivia Burton. In addition, Movado Group holds licensing agreements to produce watches under fashion names like Hugo Boss, Tommy Hilfiger, Coach, Lacoste and Scuderia Ferrari.
Movado Group’s product line spans classic dress watches, sport and dive models, fashion-forward designs and limited-edition collections.
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