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MOV

MOV - Movado Group Inc Stock Price, Fair Value and News

25.03USD+0.13 (+0.52%)Market Closed

Market Summary

MOV
USD25.03+0.13
Market Closed
0.52%

MOV Alerts

  • Big fall in earnings (Y/Y)

MOV Stock Price

View Fullscreen

MOV RSI Chart

MOV Valuation

Market Cap

557.0M

Price/Earnings (Trailing)

13.76

Price/Sales (Trailing)

0.84

EV/EBITDA

5.21

Price/Free Cashflow

7.67

MOV Price/Sales (Trailing)

MOV Profitability

EBT Margin

8.09%

Return on Equity

8.07%

Return on Assets

5.39%

Free Cashflow Yield

13.04%

MOV Fundamentals

MOV Revenue

Revenue (TTM)

664.4M

Rev. Growth (Yr)

-5.68%

Rev. Growth (Qtr)

-23.91%

MOV Earnings

Earnings (TTM)

40.5M

Earnings Growth (Yr)

-68.33%

Earnings Growth (Qtr)

-76.2%

Breaking Down MOV Revenue

Last 7 days

-4.0%

Last 30 days

-8.3%

Last 90 days

-6.1%

Trailing 12 Months

-4.3%

How does MOV drawdown profile look like?

MOV Financial Health

Current Ratio

4.84

MOV Investor Care

Dividend Yield

3.04%

Dividend/Share (TTM)

0.8

Shares Dilution (1Y)

0.12%

Diluted EPS (TTM)

1.79

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2024672.6M664.4M00
2023751.9M733.4M711.0M687.3M
2022732.4M761.0M769.9M763.6M
2021506.4M571.5M656.9M704.7M
2020701.0M624.1M554.8M519.0M
2019679.6M699.0M712.7M709.4M
2018568.0M595.8M611.1M629.4M
2017552.8M538.0M538.6M549.5M
2016594.9M588.5M571.0M565.2M
2015587.0M586.5M588.5M585.6M
2014570.3M581.2M586.5M585.3M
2013505.5M511.8M532.1M561.6M
2012468.1M481.9M486.7M504.3M
2011382.2M399.2M427.1M446.7M
2010349.7M0360.5M371.4M
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Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224


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Russell 2000 Index
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Tracking the Latest Insider Buys and Sells of Movado Group Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Apr 01, 2024
howard alan h
acquired
-
-
7,200
-
Apr 01, 2024
bridgman peter a
acquired
-
-
4,500
-
Apr 01, 2024
grinberg efraim
acquired
-
-
35,998
chairman - ceo
Apr 01, 2024
grinberg alexander
acquired
-
-
1,530
-
Apr 01, 2024
isserman richard d
acquired
-
-
4,500
-
Apr 01, 2024
feeney linda
acquired
-
-
839
svp, principal acct. officer
Apr 01, 2024
kirschner ann
acquired
-
-
4,500
-
Apr 01, 2024
kennedy michelle
acquired
-
-
4,192
svp, human resources
Apr 01, 2024
demarsilis sallie a
acquired
-
-
9,082
chief financial officer
Apr 01, 2024
soltani behzad
acquired
-
-
8,383
evp,commercial president & cto

1–10 of 50

Which funds bought or sold MOV recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Jun 03, 2024
CACTI ASSET MANAGEMENT LLC
unchanged
-
-39,200
268,800
0.02%
May 28, 2024
Boston Partners
reduced
-4.34
-449,660
3,498,820
-%
May 28, 2024
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
unchanged
-
-11,000
138,000
-%
May 16, 2024
JANE STREET GROUP, LLC
added
544
2,195,530
2,637,350
-%
May 16, 2024
Ancora Advisors LLC
added
13.21
63,342
1,363,680
0.03%
May 16, 2024
COMERICA BANK
reduced
-9.16
-37,036
196,627
-%
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-5.42
-61,466
434,954
-%
May 15, 2024
Cresset Asset Management, LLC
reduced
-36.88
-565,422
796,047
-%
May 15, 2024
Petrus Trust Company, LTA
new
-
420,793
420,793
0.04%
May 15, 2024
Point72 Asia (Singapore) Pte. Ltd.
new
-
32,483
32,483
0.01%

1–10 of 48

Are Funds Buying or Selling MOV?

Are funds buying MOV calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own MOV
No. of Funds

Unveiling Movado Group Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
7.30%
1,138,788
SC 13G/A
Feb 09, 2024
dimensional fund advisors lp
8.0%
1,241,890
SC 13G/A
Jan 23, 2024
royce & associates lp
11.41%
1,779,286
SC 13G/A
Jan 22, 2024
blackrock inc.
16.4%
2,563,597
SC 13G/A
Jan 10, 2024
first trust portfolios lp
5.30%
826,726
SC 13G
Feb 10, 2023
dimensional fund advisors lp
8.0%
1,261,546
SC 13G/A
Feb 09, 2023
vanguard group inc
7.63%
1,197,796
SC 13G/A
Jan 24, 2023
royce & associates lp
11.06%
1,736,668
SC 13G/A
Jan 23, 2023
blackrock inc.
16.8%
2,645,421
SC 13G/A
Dec 06, 2022
royce & associates lp
10.19%
1,600,885
SC 13G/A

Recent SEC filings of Movado Group Inc

View All Filings
Date Filed Form Type Document
May 31, 2024
SD
SD
May 30, 2024
10-Q
Quarterly Report
May 30, 2024
8-K
Current Report
May 09, 2024
ARS
ARS
May 09, 2024
DEF 14A
DEF 14A
May 09, 2024
DEFA14A
DEFA14A
Apr 23, 2024
4
Insider Trading
Apr 03, 2024
4
Insider Trading
Apr 03, 2024
4
Insider Trading
Apr 03, 2024
4
Insider Trading

Peers (Alternatives to Movado Group Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
MID-CAP
9.7B
6.7B
0.59% -2.98%
11.05
1.45
0.50% -2.21%
4.1B
7.0B
-8.85% 60.26%
5.38
0.59
-8.58% 37.21%
3.8B
5.2B
-11.13% -12.82%
-16.39
0.73
-7.99% -137.18%
SMALL-CAP
557.0M
664.4M
-8.28% -4.28%
13.76
0.84
-9.41% -52.46%
363.5M
551.2M
-20.23% 96.00%
-3.1
0.66
-7.93% 47.15%
126.7M
162.4M
3.66% -35.48%
19.4
0.78
-12.24% -58.06%
79.4M
1.3B
22.95% -34.21%
-0.57
0.06
-17.74% -120.63%
31.1M
446.0M
-3.17% -38.07%
23.57
0.07
1.94% -30.02%

Movado Group Inc News

Latest updates
Simply Wall St12 hours ago
Defense World10 Jun 202411:07 am
Simply Wall St07 Jun 202410:50 am
Defense World02 Jun 202410:40 am
Yahoo Finance02 Jun 202407:00 am
MarketBeat31 May 202407:00 am
Seeking Alpha30 May 202406:47 pm
The Globe and Mail29 May 202407:00 am

Movado Group Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q22024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q2
Revenue-23.9%13718018816014519421118316320621817413517817089.0070.00191206158147
Gross Profit-22.0%76.0097.0010289.0082.0010912110797.0012112698.0074.0010192.0045.0032.0010111085.0079.00
Operating Expenses----------83.0084.0074.0061.0075.0069.0054.0021494.0087.0077.0074.00
  S&GA Expenses-13.3%72.0083.0082.0080.0071.0083.0083.0076.0071.0083.0084.0074.0061.0075.0069.0054.0058.0094.0087.0077.0074.00
EBITDA Margin-8.4%0.10*0.10*0.12*0.14*0.16*0.18*0.19*0.19*0.19*0.18*0.17*0.15*0.12*-0.25*-0.28*-0.26*-0.18*0.11*0.12*0.12*0.11*
Interest Expenses-13.2%0.000.000.000.000.000.000.000.000.000.000.000.000.000.001.001.000.000.000.000.000.00
Income Taxes-16.4%2.003.005.003.003.004.008.006.006.007.0010.005.003.00-4.828.00-1.56-32.335.005.005.001.00
Earnings Before Taxes-64.5%5.0015.0022.0011.0012.0027.0039.0031.0025.0038.0041.0025.0013.0026.0022.00-8.18-1828.0022.0022.005.00
EBT Margin-9.6%0.08*0.09*0.11*0.12*0.15*0.16*0.17*0.18*0.17*0.16*0.15*0.13*0.09*-0.28*-0.31*-0.29*-0.21*0.08*0.09*0.10*0.08*
Net Income-76.2%3.0012.0017.008.009.0023.0029.0024.0019.0031.0031.0019.009.0030.0015.00-6.61-1494.0018.0018.004.00
Net Income Margin-12.3%0.06*0.07*0.08*0.10*0.12*0.13*0.14*0.14*0.13*0.13*0.13*0.11*0.08*-0.22*-0.27*-0.24*-0.18*0.06*0.08*0.09*0.08*
Free Cashflow-129.0%-19.7068.00-3.8628.00-23.7576.000.00-6.25-22.1390.0014.0037.00-15.7875.004.0013.00-26.5174.00-15.05-11.72-27.82
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q22024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q2
Assets-2.3%751769763750741788776766740761741711695719702680698847867841829
  Current Assets-4.9%517544538534525567564550525554536504483502472434442465484462447
    Cash Equivalents-14.0%225262201219198252187203225277202200187224163170188186116135151
  Inventory7.8%160148172181195186215215180160171183170153177173178171201201178
  Net PPE-2.1%19.0019.0019.0020.0019.0019.0018.0018.0018.0019.0019.0020.0021.0022.0024.0026.0027.0029.0029.0028.0026.00
  Goodwill------------------136135132136
Liabilities-1.0%248250260246247277292290276284281271263289308302324317343337335
  Current Liabilities-5.4%10711312612211614216616013815114513511512813310994.00109137127112
Shareholder's Equity-3.0%501517500504492511478474462475454435427427389374370527521500490
  Retained Earnings-1.0%465470466456456477462440424414388361346342314299305455457443431
  Additional Paid-In Capital0.8%241239236234232231228226225223220218216214213212210208207205204
Shares Outstanding0.1%22.0022.0022.0022.0022.0023.0022.0023.0023.0023.0023.0023.0023.0023.0023.0023.0023.0023.0023.0023.0023.00
Minority Interest6.9%2.002.002.003.003.003.003.003.003.002.003.002.002.002.001.001.001.001.00---
Float----452---548---495---153---425-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q22024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q2
Cashflow From Operations-126.0%-18,07469,410-1,85830,723-21,49777,9901,743-4,640-20,75292,12016,01638,051-15,37375,1164,67014,205-25,58176,640-11,976-6,979-25,615
  Share Based Compensation-3.9%1,8381,9131,9501,9821,5971,4801,4851,4181,3439871,1811,2301,5541,2411,1211,1551,5721,7151,5761,4441,638
Cashflow From Investing-78.0%-4,796-2,694-2,699-3,198-2,883-2,956-2,267-2,074-3,253-2,984-3,011-1,468-451-636-604342-967-3,392-2,928-4,780-2,267
Cashflow From Financing-10.3%-9,917-8,995-10,426-7,893-30,282-13,399-14,089-14,957-22,869-12,622-10,229-23,960-19,803-16,766-10,950-37,17930,512-4,621-4,615-6,188-8,441
  Dividend Payments0.3%7,7737,7477,7497,74929,9017,7637,8037,8577,9405,7474,6084,6566,962----4,6024,6004,6004,600
  Buy Backs41.6%1,0867671,91652.003813,2636,6117,10014,4395,5767,0489,659316------1,5832,616
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MOV Income Statement

2024-04-30
CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Apr. 30, 2024
Apr. 30, 2023
Income Statement [Abstract]  
Net sales$ 136,669$ 144,905
Cost of sales61,15662,902
Gross profit75,51382,003
Selling, general and administrative72,20271,104
Operating income3,31110,899
Non-operating income/(expense):  
Other income, net2,1721,025
Interest expense(118)(113)
Income before income taxes5,36511,811
Provision for income taxes (Note 9)2,3022,534
Net income3,0639,277
Less: Net income attributable to noncontrolling interests172149
Net income attributable to Movado Group, Inc.$ 2,891$ 9,128
Basic income per share:  
Weighted basic average shares outstanding22,25322,226
Net income per share attributable to Movado Group, Inc.$ 0.13$ 0.41
Diluted income per share:  
Weighted diluted average shares outstanding22,67322,672
Net income per share attributable to Movado Group, Inc.$ 0.13$ 0.4

MOV Balance Sheet

2024-04-30
CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Apr. 30, 2024
Jan. 31, 2024
Apr. 30, 2023
Current assets:   
Cash and cash equivalents$ 225,372$ 262,059$ 198,257
Trade receivables, net101,722104,47294,037
Inventories159,618148,031195,235
Other current assets22,25817,96225,804
Income taxes receivable8,33611,35412,057
Total current assets517,306543,878525,390
Property, plant and equipment, net19,03719,43619,075
Operating lease right-of-use assets89,15582,66176,194
Deferred and non-current income taxes43,28043,01645,049
Other intangibles, net6,9357,4938,996
Other non-current assets75,70272,59866,792
Total assets751,415769,082741,496
Current liabilities:   
Accounts payable32,99932,77524,443
Accrued liabilities41,97638,69548,858
Accrued payroll and benefits7,3407,5917,597
Current operating lease liabilities18,19215,69617,558
Income taxes payable6,45918,31817,557
Total current liabilities106,966113,075116,013
Deferred and non-current income taxes payable8,1438,23414,540
Non-current operating lease liabilities79,74976,39666,743
Other non-current liabilities52,87752,42049,287
Total liabilities247,735250,125246,583
Commitments and contingencies (Note 8)
Equity:   
Preferred Stock, $0.01 par value, 5,000,000 shares authorized; no shares issued000
Capital in excess of par value240,923239,062232,419
Retained earnings465,435470,317455,979
Accumulated other comprehensive income82,07392,33585,177
Treasury Stock, 13,404,954, 13,328,095 and 13,208,339 shares, respectively, at cost(287,414)(285,270)(281,957)
Total Movado Group, Inc. shareholders' equity501,372516,798491,971
Noncontrolling interest2,3082,1592,942
Total equity503,680518,957494,913
Total liabilities and equity751,415769,082741,496
Common Stock Class Undefined   
Equity:   
Common Stock291290288
Class A Common Stock   
Equity:   
Common Stock$ 64$ 64$ 65
MOV
Movado Group, Inc. designs, sources, markets, and distributes watches worldwide. The company operates in two segments, Watch and Accessory Brands, and Company Stores. It offers its watches under the Movado, Concord, Ebel, Olivia Burton, and MVMT brands, as well as licensed brands, such as Coach, Tommy Hilfiger, HUGO BOSS, Lacoste, and Calvin Klein. The company also provides after-sales and shipping services. Its customers include jewelry store chains, department stores, independent regional jewelers, network of independent distributors, online marketplaces, licensors' retail stores, and third-party e-commerce retailers. The company also sells directly to consumers through its e-commerce platforms. Movado Group, Inc. was formerly known as North American Watch Corporation and changed its name to Movado Group, Inc. in 1996. The company was founded in 1961 and is based in Paramus, New Jersey.
 CEO
 WEBSITEmovadogroup.com
 INDUSTRYLuxury Goods
 EMPLOYEES992

Movado Group Inc Frequently Asked Questions


What is the ticker symbol for Movado Group Inc? What does MOV stand for in stocks?

MOV is the stock ticker symbol of Movado Group Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Movado Group Inc (MOV)?

As of Thu Jun 13 2024, market cap of Movado Group Inc is 556.99 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of MOV stock?

You can check MOV's fair value in chart for subscribers.

What is the fair value of MOV stock?

You can check MOV's fair value in chart for subscribers. The fair value of Movado Group Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Movado Group Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for MOV so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Movado Group Inc a good stock to buy?

The fair value guage provides a quick view whether MOV is over valued or under valued. Whether Movado Group Inc is cheap or expensive depends on the assumptions which impact Movado Group Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for MOV.

What is Movado Group Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu Jun 13 2024, MOV's PE ratio (Price to Earnings) is 13.76 and Price to Sales (PS) ratio is 0.84. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. MOV PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Movado Group Inc's stock?

In the past 10 years, Movado Group Inc has provided -0.029 (multiply by 100 for percentage) rate of return.