BWS Financial restated their buy rating on shares of Movado Group (NYSE:MOV – Free Report) in a research report report published on Friday morning,Benzinga reports. They currently have a $31.50 price target on the stock.
A number of other equities research analysts have also recently commented on MOV. Northland Securities started coverage on shares of Movado Group in a report on Wednesday, January 7th. They issued an “outperform” rating and a $30.00 price target on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of Movado Group in a report on Monday, December 29th. Zacks Research raised Movado Group from a “strong sell” rating to a “hold” rating in a research report on Monday, January 26th. Finally, Wall Street Zen upgraded Movado Group from a “buy” rating to a “strong-buy” rating in a research note on Saturday, February 7th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $30.75.
View Our Latest Research Report on Movado Group
Movado Group Stock Performance
Movado Group (NYSE:MOV – Get Free Report) last announced its quarterly earnings data on Thursday, March 19th. The company reported $0.57 EPS for the quarter, topping the consensus estimate of $0.52 by $0.05. The business had revenue of $191.58 million for the quarter, compared to analyst estimates of $182.02 million. Movado Group had a net margin of 3.96% and a return on equity of 6.09%. Equities research analysts predict that Movado Group will post 1.05 earnings per share for the current fiscal year.
Movado Group Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, April 16th. Stockholders of record on Thursday, April 2nd will be issued a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a dividend yield of 5.8%. The ex-dividend date of this dividend is Thursday, April 2nd. Movado Group’s dividend payout ratio (DPR) is presently 120.69%.
Institutional Trading of Movado Group
A number of hedge funds and other institutional investors have recently made changes to their positions in MOV. PNC Financial Services Group Inc. increased its position in shares of Movado Group by 39.1% in 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 during the last quarter. Comerica Bank raised its stake in Movado Group by 99.0% in 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 in the last quarter. CANADA LIFE ASSURANCE Co lifted its position in Movado Group by 70.2% during 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 during the last quarter. State of Wyoming bought a new stake in Movado Group during the second quarter valued at approximately $40,000. Finally, Laurel Wealth Advisors LLC purchased a new position in Movado Group in the 4th quarter worth approximately $42,000. 72.08% of the stock is currently owned by institutional investors.
Key Stories Impacting Movado Group
Here are the key news stories impacting Movado Group this week:
- Positive Sentiment: Q4 results beat consensus: Movado reported $0.57 EPS and $191.6M revenue, both above expectations, and management highlighted improving operating results. Movado Group Announces Fourth Quarter and Fiscal Year 2026 Results
- Positive Sentiment: Dividend declared: Movado announced a $0.35 quarterly dividend (annualized yield ~5.6%), which supports income investors and can underpin valuation.
- Positive Sentiment: Analyst support and higher targets: BWS Financial reaffirmed a Buy with a $31.50 target and Northland reiterated a Strong‑Buy/Buy view with a ~$30 target while raising several near‑term quarterly estimates — signals of continued analyst confidence. Benzinga Northland Buy Rating & Price Target
- Neutral Sentiment: Mixed estimate revisions from Northland: the firm raised some quarterly/near‑term EPS forecasts (Q1/Q4 2028) but trimmed others (several Q2/Q3 2027 estimates) and slightly lowered FY2028 from $1.87 to $1.83 — a nuanced view that partially offsets the positive revisions.
- Negative Sentiment: Management withheld FY27 outlook and flagged near‑term headwinds: the company did not provide full‑year guidance and public coverage highlighted tariff pressures and international weakness (Middle East/currency effects), which increase uncertainty for forward growth and margins. Movado Withholds FY27 Outlook (MarketWatch) Tariff Pressure Report (Investing.com)
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.
Read More
Receive News & Ratings for Movado Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Movado Group and related companies with MarketBeat.com's FREE daily email newsletter.
