Movado Group (MOV) Expected to Announce Earnings on Tuesday

Movado Group (NYSE:MOV) is anticipated to announce its earnings results before the market opens on Tuesday, March 25th. Analysts expect the company to announce earnings of $0.39 per share and revenue of $180.62 million for the quarter.

Movado Group Stock Down 1.9 %

MOV opened at $17.63 on Monday. Movado Group has a 52 week low of $17.24 and a 52 week high of $28.26. The business’s 50 day moving average is $19.07 and its two-hundred day moving average is $19.34. The firm has a market cap of $390.27 million, a price-to-earnings ratio of 16.95 and a beta of 0.96.

Analyst Upgrades and Downgrades

MOV has been the subject of several research reports. BWS Financial assumed coverage on shares of Movado Group in a research report on Thursday, January 2nd. They issued a “buy” rating and a $31.50 price target for the company. StockNews.com cut shares of Movado Group from a “buy” rating to a “hold” rating in a report on Tuesday, March 4th.

Movado Group Company Profile

Movado Group, Inc designs, sources, markets, and distributes watches in the United States and internationally. The company operates in two segments, Watch and Accessory Brands, and Company Stores. The company offers its watches under the Movado, Concord, Ebel, Olivia Burton, and MVMT brands, as well as licensed brands comprising Coach, Tommy Hilfiger, HUGO BOSS, Lacoste, and Calvin Klein.