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PVH Likely To Report Higher Q4 Earnings; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Published 01/04/2024, 13:11
Updated 01/04/2024, 14:40
© Reuters. PVH Likely To Report Higher Q4 Earnings; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Benzinga - by Avi Kapoor, Benzinga Staff Writer.

PVH Corp. (NYSE: PVH) is expected to release earnings results for its fourth quarter, after the closing bell on April 1, 2024.

Analysts expect the New York-based company to report quarterly earnings at $3.52 per share, up from $2.38 per share in the year-ago quarter. PVH is projected to report quarterly revenue of $2.42 billion, compared to $2.49 billion in the year-earlier period, according to data from Benzinga Pro.

On Feb. 7, PVH declared a quarterly cash dividend of $0.0375 per share payable on March 27, 2024 to stockholders of record on March 6, 2024.

PVH shares gained 0.9% to close at $140.61 on Thursday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

  • TD Cowen analyst John Kernan maintained an Outperform rating and raised the price target from $150 to $160 on March 20, 2024. This analyst has an accuracy rate of 74%.
  • Goldman Sachs analyst Brooke Roach maintained a Buy rating and raised the price target from $99 to $126 on Dec. 13, 2023. This analyst has an accuracy rate of 63%.
  • Wells Fargo analyst Ike Boruchow maintained an Overweight rating and boosted the price target from $110 to $140 on Dec. 11, 2023. This analyst has an accuracy rate of 71%.
  • UBS analyst Jay Sole maintained a Buy rating and raised the price target from $125 to $158 on Dec. 4, 2023. This analyst has an accuracy rate of 73%.
  • BMO Capital analyst Simeon Siegel maintained a Market Perform rating and boosted the price target from $90 to $107 on Dec. 1, 2023. This analyst has an accuracy rate of 72%.
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Latest Ratings for PVH

Mar 2022WedbushDowngradesOutperformNeutral
Dec 2021Truist SecuritiesInitiates Coverage OnHold
Dec 2021Morgan StanleyMaintainsOverweight

View the Latest Analyst Ratings

© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Read the original article on Benzinga

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