Movado Group Inc
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $26.68
- Today's High:
- $27.49
- Open Price:
- $27.2
- 52W Low:
- $23.6245
- 52W High:
- $34.5937
- Prev. Close:
- $27.4
- Volume:
- 100380
Company Statistics
- Market Cap.:
- $606.81 million
- Book Value:
- 22.613
- Revenue TTM:
- $710.96 million
- Operating Margin TTM:
- 12.01%
- Gross Profit TTM:
- $419.07 million
- Profit Margin:
- 9.73%
- Return on Assets TTM:
- 7.04%
- Return on Equity TTM:
- 14.47%
Company Profile
Movado Group Inc had its IPO on 1993-09-30 under the ticker symbol MOV.
The company operates in the Consumer Cyclical sector and Luxury Goods industry. Movado Group Inc has a staff strength of 992 employees.
Stock update
Shares of Movado Group Inc opened at $27.2 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $26.68 - $27.49, and closed at $26.73.
This is a -2.45% slip from the previous day's closing price.
A total volume of 100,380 shares were traded at the close of the day’s session.
In the last one week, shares of Movado Group Inc have slipped by -2.09%.
Movado Group Inc's Key Ratios
Movado Group Inc has a market cap of $606.81 million, indicating a price to book ratio of 1.5026 and a price to sales ratio of 0.9492.
In the last 12-months Movado Group Inc’s revenue was $710.96 million with a gross profit of $419.07 million and an EBITDA of $94.08 million. The EBITDA ratio measures Movado Group Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Movado Group Inc’s operating margin was 12.01% while its return on assets stood at 7.04% with a return of equity of 14.47%.
In Q2.3333333333333, Movado Group Inc’s quarterly earnings growth was a negative -65.7% while revenue growth was a negative 12.3%.
Movado Group Inc’s PE and PEG Ratio
- Forward PE
- 0
- Trailing PE
- 8.9836
- PEG
- 1.16
Its diluted EPS in the last 12-months stands at $3.05 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 1.16. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Movado Group Inc’s profitability.
Movado Group Inc stock is trading at a EV to sales ratio of 0.8035 and a EV to EBITDA ratio of 4.2462. Its price to sales ratio in the trailing 12-months stood at 0.9492.
Movado Group Inc stock pays annual dividends of $1.4 per share, indicating a yield of 5.11% and a payout ratio of 76.19%.
Balance sheet and cash flow metrics
- Total Assets
- $749.70 million
- Total Liabilities
- $121.69 million
- Operating Cash Flow
- $-6081000.00
- Capital Expenditure
- $2.39 million
- Dividend Payout Ratio
- 76.19%
Movado Group Inc ended 2024 with $749.70 million in total assets and $0 in total liabilities. Its intangible assets were valued at $749.70 million while shareholder equity stood at $500.78 million.
Movado Group Inc ended 2024 with $0 in deferred long-term liabilities, $121.69 million in other current liabilities, 353000.00 in common stock, $456.28 million in retained earnings and $0 in goodwill. Its cash balance stood at $218.91 million and cash and short-term investments were $218.91 million. The company’s total short-term debt was $17,069,000 while long-term debt stood at $0.
Movado Group Inc’s total current assets stands at $534.37 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $108.81 million compared to accounts payable of $28.44 million and inventory worth $181.45 million.
In 2024, Movado Group Inc's operating cash flow was $-6081000.00 while its capital expenditure stood at $2.39 million.
Comparatively, Movado Group Inc paid $0.76 in dividends in 2024.
Other key metrics
- Current Trading Price
- $26.73
- 52-Week High
- $34.5937
- 52-Week Low
- $23.6245
- Analyst Target Price
- $32
Movado Group Inc stock is currently trading at $26.73 per share. It touched a 52-week high of $34.5937 and a 52-week low of $34.5937. Analysts tracking the stock have a 12-month average target price of $32.
Its 50-day moving average was $27.1 and 200-day moving average was $28.21 The short ratio stood at 5.58 indicating a short percent outstanding of 0%.
Around 272.4% of the company’s stock are held by insiders while 9660.7% are held by institutions.
Frequently Asked Questions About Movado Group Inc
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About
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.