Ultime notizie per PVH (NYSE:PVH) Azioni

PVH designs and markets branded apparel in more than 40 countries. Its key fashion categories include men's dress shirts, ties, sportswear, underwear, and jeans. Its two designer brands, Calvin Klein and Tommy Hilfiger, now generate practically all its revenue after its recent disposition of most of its smaller brands. PVH operates e-commerce sites and about 1,500 stores, licenses its brands to third parties, and distributes its merchandise through department stores and other wholesale accounts. The firm traces its history to 1881 and is based in New York City.

PVH Corp

PVH ORD

PVH (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PVH#NYSE">PVH</a>) has been analyzed by 12 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">5</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Insights from analysts' 12-month price targets are revealed, presenting an average target of $127.17, a high estimate of $149.00, and a low estimate of $100.00. A 8.73% drop is evident in the current average compared to the previous average price target of $139.33. 
<img src="https://www.benzinga.com/files/images/story/2024/1727899274_0.png" alt="price target chart" />
<h2>Exploring Analyst Ratings: An In-Depth Overview</h2>
The perception of PVH by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Heather Balsky</td>
<td>B of A Securities</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$107.00</td>
<td>$130.00</td>
</tr>
<tr>
<td>Kimberly Greenberger</td>
<td>Morgan Stanley</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$100.00</td>
<td>$120.00</td>
</tr>
<tr>
<td>Dana Telsey</td>
<td>Telsey Advisory Group</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$130.00</td>
<td>$140.00</td>
</tr>
<tr>
<td>John Kernan</td>
<td>TD Cowen</td>
<td>Lowers</td>
<td>Buy</td>
<td>$135.00</td>
<td>$149.00</td>
</tr>
<tr>
<td>Brooke Roach</td>
<td>Goldman Sachs</td>
<td>Lowers</td>
<td>Buy</td>
<td>$124.00</td>
<td>$144.00</td>
</tr>
<tr>
<td>Adrienne Yih</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$142.00</td>
<td>$154.00</td>
</tr>
<tr>
<td>Heather Balsky</td>
<td>B of A Securities</td>
<td>Lowers</td>
<td>Buy</td>
<td>$130.00</td>
<td>$133.00</td>
</tr>
<tr>
<td>Simeon Siegel</td>
<td>BMO Capital</td>
<td>Lowers</td>
<td>Market Perform</td>
<td>$106.00</td>
<td>$119.00</td>
</tr>
<tr>
<td>Ike Boruchow</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$130.00</td>
<td>$145.00</td>
</tr>
<tr>
<td>Heather Balsky</td>
<td>B of A Securities</td>
<td>Lowers</td>
<td>Buy</td>
<td>$133.00</td>
<td>$144.00</td>
</tr>
<tr>
<td>Dana Telsey</td>
<td>Telsey Advisory Group</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$140.00</td>
<td>$140.00</td>
</tr>
<tr>
<td>John Kernan</td>
<td>TD Cowen</td>
<td>Lowers</td>
<td>Buy</td>
<td>$149.00</td>
<td>$154.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to PVH. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of PVH compared to the broader market.</li>
<li>Price Targets: Understanding forecasts, analysts offer estimates for PVH's future value. Examining the current and prior targets provides insight into analysts' changing expectations.</li>
</ul>
For valuable insights into PVH's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/PVH/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on PVH analyst ratings.</a>
<h2>Unveiling the Story Behind PVH</h2>
PVH designs and markets branded apparel in more than 40 countries. Its key fashion categories include men's dress shirts, ties, sportswear, underwear, and jeans. Its two designer brands, Calvin Klein and Tommy Hilfiger, now generate practically all its revenue after its recent disposition of most of its smaller brands. PVH operates e-commerce sites and about 1,500 stores, licenses its brands to third parties, and distributes its merchandise through department stores and other wholesale accounts. The firm traces its history to 1881 and is based in New York City.
<h3>A Deep Dive into PVH's Financials</h3>
Market Capitalization: Positioned above industry average, the company's market capitalization underscores its superiority in size, indicative of a strong market presence.
Revenue Growth: PVH's revenue growth over a period of 3 months has faced challenges. As of 31 July, 2024, the company experienced a revenue decline of approximately -6.01%. This indicates a decrease in the company's top-line earnings. When compared to others in the Consumer Discretionary sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: PVH's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 7.62%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): PVH's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 3.08% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): PVH's ROA excels beyond industry benchmarks, reaching 1.43%. This signifies efficient management of assets and strong financial health.
Debt Management: With a below-average debt-to-equity ratio of 0.69, PVH adopts a prudent financial strategy, indicating a balanced approach to debt management.
<h2>The Basics of Analyst Ratings</h2>
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Ratings

The Latest Analyst Ratings For PVH

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li>Keybanc raised the price target for Paylocity Holding Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PCTY#NASDAQ">PCTY</a>) from $171 to $182. Keybanc analyst Jason Celino maintained an Overweight rating. Paylocity shares fell 1.3% to close at $162.87 on Tuesday. <a href="https://www.benzinga.com/quote/pcty/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Baird increased the price target for Acuity Brands, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AYI#NYSE">AYI</a>) from $280 to $318. Baird analyst Timothy Wojs maintained a Neutral rating. Acuity Brands shares gained 8.7% to close at $299.35 on Tuesday. <a href="https://www.benzinga.com/quote/AYI/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Benchmark raised The Marcus Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCS#NYSE">MCS</a>) price target from $18 to $20. Benchmark analyst Mike Hickey maintained a Buy rating. Marcus shares gained 0.5% to close at $15.15 on Tuesday. <a href="https://www.benzinga.com/quote/MCS/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>B of A Securities cut PVH Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PVH#NYSE">PVH</a>) price target from $130 to $107. B of A Securities analyst Heather Balsky downgraded the stock from Buy to Neutral. PVH shares fell 3.2% to close at $97.64 on Tuesday. <a href="https://www.benzinga.com/quote/PVH/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Northland Capital Markets raised Salesforce, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRM#NYSE">CRM</a>) price target from $270 to $400. Northland Capital Markets analyst Nehal Chokshi upgraded the stock from Market Perform to Outperform. Salesforce shares fell 1% to close at $270.87 on Tuesday. <a href="https://www.benzinga.com/quote/CRM/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Evercore ISI Group raised the price target for M&amp;T Bank Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTB#NYSE">MTB</a>) from $187 to $210. Evercore ISI Group analyst John Pancari upgraded the stock from In-Line to Outperform. M&amp;T Bank fell 3% to close at $172.72 on Tuesday. <a href="https://www.benzinga.com/quote/MTB/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Morgan Stanley raised Domino&#8217;s Pizza, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DPZ#NYSE">DPZ</a>) price target from $515 to $520. Morgan Stanley analyst Brian Harbour maintained an Overweight rating. Domino&#8217;s shares gained 0.1% to close at $430.66 on Tuesday. <a href="https://www.benzinga.com/quote/DPZ/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Piper Sandler raised the price target for Prudential Financial, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PRU#NYSE">PRU</a>) from $121 to $127. Piper Sandler analyst John Barnidge maintained a Neutral rating. Prudential Financial shares fell 1.4% to close at $119.36 on Tuesday. <a href="https://www.benzinga.com/quote/PRU/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Susquehanna boosted Union Pacific Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNP#NYSE">UNP</a>) price target from $250 to $260. Susquehanna analyst Bascome Majors maintained a Neutral rating. Union Pacific shares fell 0.4% to close at $245.55 on Tuesday. <a href="https://www.benzinga.com/quote/UNP/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>B of A Securities cut NIKE, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>) price target from $104 to $100. B of A Securities analyst Lorraine Hutchinson maintained a Buy rating. NIKE shares gained 0.8% to close at $89.13 on Tuesday. <a href="https://www.benzinga.com/quote/NKE/analyst-ratings">See how other analysts view this stock</a>. </li>
</ul>
Read More:<a href="https://www.benzinga.com/markets/24/09/41102060/jim-cramer-hand-picks-these-3-stocks-to-ride-the-crest-of-the-chinese-stimulus-frenzy"> </a>
<ul>
<li><a href="https://www.benzinga.com/markets/24/09/41102060/jim-cramer-hand-picks-these-3-stocks-to-ride-the-crest-of-the-chinese-stimulus-frenzy">Jim Cramer Hand Picks These 3 Stocks To Ride The Crest Of The Chinese Stimulus Frenzy</a></li>
</ul>

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PCTY

Nike To $100? Here Are 10 Top Analyst Forecasts For Wednesday

B of A Securities analyst Heather Balsky downgrades PVH (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PVH#NYSE">PVH</a>) from Buy to Neutral and lowers the price target from $130 to $107.

Downgrades

B of A Securities Downgrades PVH to Neutral, Lowers Price Target to $107

PVH Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PVH#NYSE">PVH</a>) shares are trading <a href="https://www.benzinga.com/premarket" target="_blank" rel="noreferrer noopener">relatively flat on Wednesday.</a>
On Tuesday, China&#8217;s Ministry of Commerce announced it will investigate PVH Corp. under the unreliable entity list framework for alleged discriminatory practices and other violations of market trading principles related to Xinjiang products.
Such practices have &#8220;seriously undermined the legitimate rights and interests of relevant Chinese enterprises, and jeopardized China&#8217;s sovereignty, security and development interests,&#8221; <a target="_blank" href="http://english.scio.gov.cn/pressroom/2024-09/25/content_117447988.html" rel="noreferrer noopener">said</a> a spokesperson with the ministry.
This action represents Beijing&#8217;s latest attempt to counter claims from Western officials and human rights advocates that cotton and other products from the region are made with forced labor involving the Uyghur ethnic group, the BBC <a href="https://www.bbc.com/news/articles/c20pxwwqqzwo" target="_blank" rel="noreferrer noopener">reported</a>.
The ministry&#8217;s announcement represents a new escalation in Beijing&#8217;s efforts to combat bans and consumer boycotts of goods from Xinjiang, <a href="https://www.nytimes.com/2024/09/24/business/china-xinjiang-calvin-klein-tommy-hilfiger.html" target="_blank" rel="noreferrer noopener">reported</a> The New York Times.
Also Read<a target="_blank" href="https://www.benzinga.com/trading-ideas/technicals/24/09/41023160/intel-vs-amd-which-chipmaker-has-the-edge-in-race-against-nvidias-supremacy" rel="noreferrer noopener">: Intel Vs. AMD: Which Chipmaker Has The Edge In Race Against Nvidia&#8217;s Supremacy?</a>
In response to widespread arrests and reports of forced labor among the region&#8217;s mainly Muslim ethnic groups, especially the Uyghurs, many Western governments have started imposing restrictions or outright bans on products from Xinjiang.
Researchers have highlighted evidence indicating that cotton production in the region is associated with coercive practices, the report added.
&#8220;For both Calvin Klein and Tommy Hilfiger, we drove strong consumer engagement and continued to increase product strength and improve newness in our assortment, leading to more full-priced selling and less end-of-season clearance sales, which fueled significant gross margin expansion,&#8221; said Stefan Larsson, CEO of PVH in a <a href="https://www.benzinga.com/pressreleases/24/08/b40587738/pvh-corp-reports-2024-second-quarter-earnings-above-guidance" target="_blank" rel="noreferrer noopener">press release</a> dated Aug. 27.
The company reaffirmed the fiscal year 2024 revenue decrease of 6% to 7% and raised its earnings outlook from between $11.00 and $11.25 per share to between $11.55 and $11.80 per share.
According to <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw" target="_blank" rel="noreferrer noopener">Benzinga Pro</a>, PVH stock has gained over 25% in the past year. Investors can gain exposure to the stock via the Dimensional ETF Trust Dimensional US Small Cap Value ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DFSV#NYSE">DFSV</a>).
Price Action: PVH shares are trading higher by 0.5% to $96.61at last check Wednesday.
Read Next:
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<li><a href="https://www.benzinga.com/news/earnings/24/08/40589325/calvin-klein-parent-pvhs-stock-falls-after-q2-results-sees-q3-revenue-decline-guides-q3-eps-below-e" target="_blank" rel="noreferrer noopener">Calvin Klein Parent PVH&#8217;s Stock Falls After Q2 Results: Sees Q3 Revenue Decline, Guides Q3 EPS Below Estimates</a></li>
</ul>
Photo: Shutterstock

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DFSV

China Probes Calvin Klein's Parent Company Over Xinjiang Cotton Allegations Impacting Muslim Communities

<a href="https://news.cgtn.com/news/2024-09-24/China-opens-probe-into-U-S-firm-suspected-of-market-discrimination-1xacZxAuHIY/p.html" title="https://news.cgtn.com/news/2024-09-24/China-opens-probe-into-U-S-firm-suspected-of-market-discrimination-1xacZxAuHIY/p.html">https://news.cgtn.com/news/2024-09-24/China-opens-probe-into-U-S-firm-suspected-of-market-discrimination-1xacZxAuHIY/p.html</a>

China Launches Investigation Into U.S. Company PVH Corp. Over Suspected Discrimination Against Xinjiang-Related Products, Citing Violations Of Market Principles

PVH Says It's In Contact With China's Ministry Of Commerce

In the last three months, 11 analysts have published ratings on PVH (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PVH#NYSE">PVH</a>), offering a diverse range of perspectives from bullish to bearish.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">5</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts have recently evaluated PVH and provided 12-month price targets. The average target is $129.0, accompanied by a high estimate of $149.00 and a low estimate of $100.00. Highlighting a 7.98% decrease, the current average has fallen from the previous average price target of $140.18. 
<img src="https://www.benzinga.com/files/images/story/2024/1725645659_0.png" alt="price target chart" />
<h2>Analyzing Analyst Ratings: A Detailed Breakdown</h2>
In examining recent analyst actions, we gain insights into how financial experts perceive PVH. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Kimberly Greenberger</td>
<td>Morgan Stanley</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$100.00</td>
<td>$120.00</td>
</tr>
<tr>
<td>Dana Telsey</td>
<td>Telsey Advisory Group</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$130.00</td>
<td>$140.00</td>
</tr>
<tr>
<td>John Kernan</td>
<td>TD Cowen</td>
<td>Lowers</td>
<td>Buy</td>
<td>$135.00</td>
<td>$149.00</td>
</tr>
<tr>
<td>Brooke Roach</td>
<td>Goldman Sachs</td>
<td>Lowers</td>
<td>Buy</td>
<td>$124.00</td>
<td>$144.00</td>
</tr>
<tr>
<td>Adrienne Yih</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$142.00</td>
<td>$154.00</td>
</tr>
<tr>
<td>Heather Balsky</td>
<td>B of A Securities</td>
<td>Lowers</td>
<td>Buy</td>
<td>$130.00</td>
<td>$133.00</td>
</tr>
<tr>
<td>Simeon Siegel</td>
<td>BMO Capital</td>
<td>Lowers</td>
<td>Market Perform</td>
<td>$106.00</td>
<td>$119.00</td>
</tr>
<tr>
<td>Ike Boruchow</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$130.00</td>
<td>$145.00</td>
</tr>
<tr>
<td>Heather Balsky</td>
<td>B of A Securities</td>
<td>Lowers</td>
<td>Buy</td>
<td>$133.00</td>
<td>$144.00</td>
</tr>
<tr>
<td>Dana Telsey</td>
<td>Telsey Advisory Group</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$140.00</td>
<td>$140.00</td>
</tr>
<tr>
<td>John Kernan</td>
<td>TD Cowen</td>
<td>Lowers</td>
<td>Buy</td>
<td>$149.00</td>
<td>$154.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to PVH. This information offers a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of PVH compared to the broader market.</li>
<li>Price Targets: Delving into movements, analysts provide estimates for the future value of PVH's stock. This analysis reveals shifts in analysts' expectations over time.</li>
</ul>
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of PVH's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/PVH/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on PVH analyst ratings.</a>
<h2>Discovering PVH: A Closer Look</h2>
PVH designs and markets branded apparel in more than 40 countries. Its key fashion categories include men's dress shirts, ties, sportswear, underwear, and jeans. Its two designer brands, Calvin Klein and Tommy Hilfiger, now generate practically all its revenue after its recent disposition of most of its smaller brands. PVH operates e-commerce sites and about 1,500 stores, licenses its brands to third parties, and distributes its merchandise through department stores and other wholesale accounts. The firm traces its history to 1881 and is based in New York City.
<h3>PVH: Financial Performance Dissected</h3>
Market Capitalization Highlights: Above the industry average, the company's market capitalization signifies a significant scale, indicating strong confidence and market prominence.
Revenue Growth: PVH displayed positive results in 3 months. As of 31 July, 2024, the company achieved a solid revenue growth rate of approximately 6.27%. This indicates a notable increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Consumer Discretionary sector.
Net Margin: PVH's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 7.62% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): PVH's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 3.08%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): PVH's ROA stands out, surpassing industry averages. With an impressive ROA of 1.43%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: PVH's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.69.
<h2>Analyst Ratings: Simplified</h2>
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Where PVH Stands With Analysts

Morgan Stanley analyst Kimberly Greenberger maintains PVH (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PVH#NYSE">PVH</a>) with a Equal-Weight and lowers the price target from $120 to $100.

Morgan Stanley Maintains Equal-Weight on PVH, Lowers Price Target to $100

Telsey Advisory Group analyst Dana Telsey maintains PVH (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PVH#NYSE">PVH</a>) with a Outperform and lowers the price target from $140 to $130.

Telsey Advisory Group Maintains Outperform on PVH, Lowers Price Target to $130

TD Cowen analyst John Kernan maintains PVH (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PVH#NYSE">PVH</a>) with a Buy and lowers the price target from $149 to $135.

TD Cowen Maintains Buy on PVH, Lowers Price Target to $135

Goldman Sachs analyst Brooke Roach maintains PVH (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PVH#NYSE">PVH</a>) with a Buy and lowers the price target from $144 to $124.

Goldman Sachs Maintains Buy on PVH, Lowers Price Target to $124

Barclays analyst Adrienne Yih maintains PVH (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PVH#NYSE">PVH</a>) with a Overweight and lowers the price target from $154 to $142.

Barclays Maintains Overweight on PVH, Lowers Price Target to $142

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page.</a>
<ul>
<li>B of A Securities cut the price target for PVH Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PVH#NYSE">PVH</a>) from $133 to $130. B of A Securities analyst Heather Balsky maintained a Buy rating. PVH shares fell 6.4% to close at $97.75 on Wednesday. <a href="https://www.benzinga.com/quote/PVH/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Rosenblatt lowered the price target for CrowdStrike Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRWD#NASDAQ">CRWD</a>) from $330 to $325. Rosenblatt analyst Catharine Trebnick maintained a Buy rating. CrowdStrike shares fell 2.1% to close at $264.20 on Wednesday. <a href="https://www.benzinga.com/quote/CRWD/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Loop Capital raised Salesforce, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRM#NYSE">CRM</a>) price target from $240 to $270. Loop Capital analyst Yun Kim maintained a Hold rating. Salesforce shares fell 2% to close at $258.90 on Wednesday. <a href="https://www.benzinga.com/quote/CRM/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Baird boosted the price target for Veeva Systems Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VEEV#NYSE">VEEV</a>) from $245 to $251. Baird analyst Joe Vruwink maintained an Outperform rating. Veeva shares fell 0.5% to close at $199.35 on Wednesday. <a href="https://www.benzinga.com/quote/VEEV/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Wells Fargo raised NVIDIA Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) price target from $155 to $165. Wells Fargo analyst Aaron Rakers maintained an Overweight rating. NVIDIA shares fell 2.1% to close at $125.61 on Wednesday. <a href="https://www.benzinga.com/quote/NVDA/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Williams Trading raised Shoe Carnival, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SCVL#NASDAQ">SCVL</a>) price target from $42 to $51. Williams Trading analyst Sam Poser maintained a Buy rating. Shoe Carnival shares fell 6.1% to close at $40.47 on Wednesday.<a href="https://www.benzinga.com/quote/SCVL/analyst-ratings"> See how other analysts view this stock.</a></li>
<li>Evercore ISI Group increased the price target for Spotify Technology S.A. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPOT#NYSE">SPOT</a>) from $420 to $460. Evercore ISI Group analyst Mark Mahaney maintained an Outperform rating. Spotify shares fell 0.6% to close at $337.56 on Wednesday. <a href="https://www.benzinga.com/quote/SPOT/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Morgan Stanley cut Equinor ASA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EQNR#NYSE">EQNR</a>) price target from $30.5 to $25.8. Morgan Stanley analyst Martijn Rats downgraded the stock from Equal-Weight to Underweight. Equinor shares closed at $27.10 on Wednesday. <a href="https://www.benzinga.com/quote/EQNR/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Piper Sandler boosted Neurocrine Biosciences, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NBIX#NASDAQ">NBIX</a>) price target from $131 to $159. Piper Sandler analyst David Amsellem upgraded the stock from Neutral to Overweight. Neurocrine Biosciences shares fell 18.9% to close at $123.76 on Wednesday. <a href="https://www.benzinga.com/quote/NBIX/analyst-ratings">See how other analysts view this stock.</a></li>
<li>UBS raised HP Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HPQ#NYSE">HPQ</a>) price target from $34 to $37. UBS analyst David Vogt maintained a Neutral rating. HP shares fell 2.4% to close at $34.76 on Wednesday. <a href="https://www.benzinga.com/quote/HPQ/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
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NVIDIA To Rally Over 31%? Here Are 10 Top Analyst Forecasts For Thursday

B of A Securities analyst Heather Balsky maintains PVH (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PVH#NYSE">PVH</a>) with a Buy and lowers the price target from $133 to $130.

B of A Securities Maintains Buy on PVH, Lowers Price Target to $130

Wall Street faces a wave of risk-off sentiment on Wednesday, as traders adopt a cautious stance ahead of NVIDIA Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) earnings, which are set to be released <a href="https://www.benzinga.com/trading-ideas/24/08/40604296/nvidias-next-earnings-report-could-swing-its-market-cap-by-300-billion-and-increase-the-s-p-500-gai">after the market close.</a>
At midday trading in New York, all major equity indices were in the red, weighed down by broad declines in chipmakers and tech stocks.
The iShares Semiconductor ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SOXX#NYSE">SOXX</a>) fell 2%, underperforming the broader tech-heavy Nasdaq 100, down 1.1%. 
The CBOE Volatility Index or VIX, a key barometer of the fear in the market, rose 8%. 
As the last of the Magnificent Seven megacaps to report earnings, Nvidia&#8217;s results are viewed as a crucial indicator of whether the recent market rebound has more room to run, potentially pushing toward new all-time highs, or if it&#8217;s time for investors to dial back risk.
Key metrics to watch include whether Nvidia surpasses the projected $28.7 billion in quarterly revenue — a staggering 156% increase from the same quarter last year — and $0.645 earnings per share, more than triple from the same period in 2022. 
Nvidia&#8217;s forward guidance will also be critical, as investors seek insight into the demand for its leading AI-related chips and any challenges posed by China.
In a significant achievement during Wednesday&#8217;s session, Warren Buffett&#8217;s Berkshire Hathaway Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>) reached <a href="https://www.benzinga.com/top-stories/24/08/40604676/warren-buffetts-berkshire-hathaway-breaks-1-trillion-poll-points-to-big-pharma-not-tech-as-next-cont">the milestone of a $1 trillion market valuation.</a>
The U.S. dollar is showing a modest recovery, up 0.4% after closing Tuesday at its lowest level since July 2023. Treasury yields remain stable, while gold is struggling, down 0.6%, with silver experiencing a sharper 2% decline.
Oil prices continue to fall, with WTI crude down 1.3%, as traders unload the risk premium amid easing geopolitical tensions in the Middle East and less concerning Libyan production disruptions than initially feared.
Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) remains under pressure, down 1% to $58,850, following a more than 7% decline over the past two sessions.
<h1 class="wp-block-heading">Wednesday&#8217;s Performance In Major U.S. Indices, ETFs</h1>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>Chg %</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>41,053.09</td>
<td>-0.5%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>5,592.49</td>
<td>-0.6%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2,191.39</td>
<td>-0.6%</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>19,362.15</td>
<td>-1.1%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated at 12:10 p.m. ET</figcaption></figure>
According to <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent082824&amp;t=be2bearmibe3na1">Benzinga Pro</a> data:
<ul>
<li>The&nbsp;SPDR S&amp;P 500 ETF Trust&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>)&nbsp;was 0.7% down to $557.94.</li>
<li>The SPDR Dow Jones Industrial Average (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>) eased down 0.4% to $411.11.</li>
<li>The tech-heavy Invesco QQQ Trust Series (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) declined 1.2% to $470.98.</li>
<li>The iShares Russell 2000 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) fell 0.7% to $217.34.</li>
<li>The Financials Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLF#NYSE">XLF</a>) outperformed, up by 0.2%. The Technology Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLK#NYSE">XLK</a>) lagged, down by 1.5%.</li>
</ul>
<h1 class="wp-block-heading">Wednesday&#8217;s Stock Movers</h1>
<ul>
<li>Super Micro Computer Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NYSE">SMCI</a>) plunged 26% after announcing it won&#8217;t meet the deadline to file its annual Form 10-K for the fiscal year ended June 30. This comes just a day after short-seller <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/08/40606308/super-micro-computer-short-report-shows-limited-evidence-of-accounting-wrongdoing-a">Hindenburg Research released</a> a report accusing the company of accounting manipulation.</li>
<li>Other crypto-related stocks weakened, with CleanSpark Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLSK#NASDAQ">CLSK</a>), Coinbase Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>), Marathon Digital Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>) down 5.3%, 4.7% and 4.6% respectively. </li>
<li>Chewy Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHWY#NYSE">CHWY</a>) rallied 14% in reaction to its upbeat quarterly earnings.</li>
<li>Other stocks reacting to company earnings were Abercrombie &amp; Fitch Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ANF#NYSE">ANF</a>) down 17%, Ambarella Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMBA#NASDAQ">AMBA</a>) up 9%, Bath &amp; Body Works, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBWI#NYSE">BBWI</a>) down 6%, Box Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BOX#NYSE">BOX</a>) up 7.5%, Donaldson Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DCI#NYSE">DCI</a>) down 4.3%, Foot Locker Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FL#NYSE">FL</a>) down 12%, Nordstrom Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JWN#NYSE">JWN</a>) up 4%, PVH Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PVH#NYSE">PVH</a>) up 6.6%, SentinelOne Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/S#NYSE">S</a>) down 2% and J.M. Smucker Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SJM#NYSE">SJM</a>) down 5.8%.</li>
<li>Companies reporting after the close included Nvidia Corp., Salesforce Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRM#NYSE">CRM</a>), CrowdStrike Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRWD#NASDAQ">CRWD</a>), HP Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HPQ#NYSE">HPQ</a>), Veeva Systems Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VEEV#NYSE">VEEV</a>), NetApp Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTAP#NASDAQ">NTAP</a>), Pure Storage Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PSTG#NYSE">PSTG</a>), Cooper Companies Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COO#NASDAQ">COO</a>), Okta Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OKTA#NASDAQ">OKTA</a>), Nutanix Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTNX#NASDAQ">NTNX</a>), Affirm Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AFRM#NASDAQ">AFRM</a>), Five Below Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FIVE#NASDAQ">FIVE</a>) and Victoria Secret &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VSCO#NYSE">VSCO</a>).</li>
</ul>
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Cryptocurrency

Earnings

Large Cap

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Broad U.S. Equity ETFs

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$BTC

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CLSK

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NTNX

OKTA

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iShares PHLX SOX Semiconductor Sector Index Fund

SOXX

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US Stocks, Chipmakers Fall Ahead Of Nvidia Earnings, Berkshire Hits $1 Trillion, Super Micro Computer Sinks: What's Driving Markets Wednesday?

Shares of PVH Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PVH#NYSE">PVH</a>) — the owner of Tommy Hilfiger, Calvin Klein, Warner&#8217;s, Olga and True &amp; Co. — tanked Wednesday after the clothing company reported <a href="https://www.benzinga.com/news/24/08/40598811/pvh-ncino-marathon-digital-and-other-big-stocks-moving-lower-in-wednesdays-pre-market-session">downbeat second-quarter earnings</a>.
<ul>
<li>Goldman Sachs <a href="https://www.benzinga.com/analyst-stock-ratings/analyst/60eef53155f722000105d101/brooke-roach">analyst Brooke Roach</a> maintained a Buy rating and price target of $144.</li>
<li>JPMorgan <a href="https://www.benzinga.com/analyst-stock-ratings/analyst/586bcbd9351b9b0001ab738c/matthew-boss">analyst Matthew Boss</a> reiterated an Overweight rating and price target of $154.</li>
</ul>
Check out <a href="https://www.benzinga.com/analyst-stock-ratings">other analyst stock ratings</a>.
Goldman Sachs: PVH reported adjusted earnings of $3.01 per share, beating consensus of $2.29 per share, driven mainly by a 55 cents per share benefit from "an unplanned favorable tax settlement," Roach said. 
Revenues declined by 6% year-on-year, but came in better than market expectations of a 6.3% contraction, she added.
PVH raised its full-year earnings guidance, but that was to reflect the tax benefit, and the company still expects a revenue decline of between 6% and 7%. 
"The guidance also embeds an incremental [5 cent] headwind from FX and a more favorable interest outlook," Roach said.
The company released disappointing guidance for the fiscal third quarter, citing &#8220;an increasingly challenged global macroeconomic backdrop&#8221; and &#8220;softness in China and Australia."
JPMorgan: PVH's full-year guidance reflect a flow-through of the second quarter's tax benefit, Boss said. 
Management has effectively "de-risked" the revenue and gross margin outlook for the back half "by using 2Q's ~$0.20 fundamental EPS beat as an offset," he added.
Management assumes that the softer trends witnessed exiting the second quarter, notably in the U.S. and China, would continue throughout the back half of the year, "in addition to embedding a potentially more promotional backdrop in 2H as a result of the dynamic macro backdrop," the analyst wrote. The guidance for adjusted earnings implies an operating margin contraction of around 150bps year-on-year at the midpoint, he further stated.
PVH Price Action: Shares of PVH had declined by 6.24% to $97.94 at the time of publication on Wednesday.
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Analyst Color

Earnings Beats

Reiteration

PVH Posts Q2 Beat, But Analysts Expect Softer Trends In US And China To Continue

BMO Capital analyst Simeon Siegel maintains PVH (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PVH#NYSE">PVH</a>) with a Market Perform and lowers the price target from $119 to $106.

BMO Capital Maintains Market Perform on PVH, Lowers Price Target to $106

Wells Fargo analyst Ike Boruchow maintains PVH (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PVH#NYSE">PVH</a>) with a Overweight and lowers the price target from $145 to $130.

Wells Fargo Maintains Overweight on PVH, Lowers Price Target to $130

U.S. stock futures were mixed this morning, with the Nasdaq futures gaining around 0.1% on Wednesday.
Shares of PVH Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PVH#NYSE">PVH</a>) fell sharply in today's pre-market trading after the company guided a third-quarter revenue decline and issued EPS <a href="https://www.benzinga.com/news/earnings/24/08/40589325/calvin-klein-parent-pvhs-stock-falls-after-q2-results-sees-q3-revenue-decline-guides-q3-eps-below-e">estimates below estimates.</a>
PVH reported quarterly earnings of $3.01 per share, which beat the analyst consensus estimate of $2.29 by 31.44%. Quarterly sales came in at $2.074 billion which beat the analyst consensus estimate and is a 6.03% decrease from the same period last year.
PVH expects third-quarter revenue to decrease by 6% to 7% and sees earnings of approximately $2.50 per share versus the $3.12 estimate. The company reaffirmed the fiscal year 2024 revenue decrease of 6% to 7% and raised its earnings outlook from between $11.00 and $11.25 per share to between $11.55 and $11.80 per share versus the estimate of $11.31.
PVH shares dipped 8.1% to $95.97 in pre-market trading.
Here are some big stocks recording losses in today's pre-market trading session.
<ul>
<li>nCino, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NCNO#NASDAQ">NCNO</a>) shares dipped 14.7% to $29.45 in pre-market trading after reporting second-quarter results.</li>
<li>Magnite, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MGNI#NASDAQ">MGNI</a>) shares declined 6.6% to $13.00 in pre-market trading.</li>
<li>Clover Health Investments Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLOV#NASDAQ">CLOV</a>) shares fell 4.4% to $3.06 in pre-market trading after declining 4% on Tuesday.</li>
<li>Bit Digital Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BTBT#NASDAQ">BTBT</a>) shares declined 4% to $3.37 in pre-market trading following a 5% plunge on Tuesday.</li>
<li>Marathon Digital Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>) fell 3.4% to $17.14 in pre-market trading following a decline in Bitcoin prices.</li>
<li>HIVE Digital Technologies Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HIVE#NASDAQ">HIVE</a>) shares slipped 3.8% to $3.22 in pre-market trading amid a drop in the price of Bitcoin. </li>
</ul>
Now Read This: 
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<li><a href="https://www.benzinga.com/news/24/08/40576188/microsoft-synaptics-and-2-other-stocks-executives-are-selling">Microsoft, Synaptics And 2 Other Stocks Executives Are Selling</a></li>
</ul>

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PVH, nCino, Marathon Digital And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session

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PVH shares are trading lower after the company guided a Q3 revenue decline and issued EPS estimates below estimates.

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Mid-cap stocks present a compelling investment opportunity due to their balanced risk, growth potential from expected interest rate cuts, strong earnings growth, which enhance long-term performance and diversification. Therefore, considering strong mid-cap stocks like Abercrombie & Fitch (ANF), PVH (PVH), and Semtech (SMTC), which are expected to soar by 25% or more, could be wise. Keep reading... Mid-cap stocks offer a balance between small caps' higher risk and large caps' stability, making them attractive in uncertain markets. With expected interest rate cuts improving financial conditions, investors may find growth potential in mid-caps like Abercrombie &amp; Fitch Co. (<a href="https://stocknews.com/stock/ANF/">ANF</a>), PVH Corp. (<a href="https://stocknews.com/stock/PVH/">PVH</a>), and Semtech Corporation (<a href="https://stocknews.com/stock/SMTC/">SMTC</a>), which analysts predict could rally over 25%.
In the past decade, mid-cap stocks have outperformed large-cap peers in earnings growth, fueled by innovation and streamlined business models. Despite their strong cash flows and profit margins, mid-caps are currently trading at a discount compared to historical averages. As earnings growth in the resilient U.S. economy extends beyond mega-cap tech, mid-cap stocks are gaining momentum.
The global economy is projected to grow by 3.2% in 2024 and <a href="https://www.spglobal.com/ratings/en/research/articles/240926-economic-research-global-economic-outlook-q4-2024-so-far-so-smooth-can-it-last-13261690">3.1% in 2025</a>, though outcomes will vary by region. In the U.S., GDP growth is forecasted at <a href="https://www.conference-board.org/research/us-forecast">2.4% for 2024</a>; however, slowing momentum and elevated prices could limit growth to 1.7% in 2025. Interest rates are expected to decrease to just above 3% as inflation moves closer to the Fed's target.
Therefore, focusing on high-quality mid-caps with competitive advantages can yield strong long-term performance with reduced volatility. These stocks are poised to deliver robust returns, making them appealing for diversification. Given these favorable trends, let's explore the fundamentals of the highlighted mid-cap stocks.
Abercrombie &amp; Fitch Co. (<a href="https://stocknews.com/stock/ANF/">ANF</a>)
Valued at $7.30 billion by market cap, ANF and its subsidiaries operate as an omnichannel retailer internationally. The company offers an assortment of apparel, personal care products, and accessories for men, women, and kids under the Abercrombie &amp; Fitch, Abercrombie Kids, Hollister, and Gilly Hicks brands. It sells products through its stores and various wholesale channels.
On August 15, 2024, ANF announced a partnership with Haddad Brands to expand global distribution for Abercrombie kids. The agreement adds new channels and introduces infant and toddler products to the brand's line.
In terms of the trailing-12-month <a href="https://www.investopedia.com/terms/l/levered-free-cash-flow.asp">levered FCF</a> margin, ANF's 9.86% is 95% higher than the 5.06% industry average. Its 14.39% trailing-12-month EBIT margin is 79.9% higher than the 8% industry average. Likewise, the stock's 1.60x trailing-12-month asset turnover ratio is 60.7% higher than the 0.99x industry average.
For the second quarter that ended on August 3, 2024, ANF's net sales increased 21.2% year-over-year to $1.13 billion. Its operating income grew 95.5% year-over-year to  $175.63 million. Similarly, its net income attributable to ANF was $133.17 million, or $2.50 per share, up 134.1% and 127.3% over the prior-year quarter.
For the quarter ending October 31, 2024, ANF's EPS and revenue are expected to increase 31.8% and 11.1% year-over-year to $2.41 and $1.17 billion, respectively. It surpassed the consensus EPS estimates in each of the trailing four quarters.
Over the past year, ANF's stock has gained 158.8% to close the last trading session at $142.37. The average analyst price target of $186.43 indicates a <a href="https://www.tipranks.com/stocks/anf/forecast">31% upside potential</a>.
It's no surprise that ANF has an overall rating of B, which translates to a Buy in our proprietary <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> system. The POWR Ratings assess stocks by 118 different factors, each with its own weighting.
It has an A grade for Quality and a B for Growth. Within the B-rated <a href="https://stocknews.com/category/fashion-luxury/">Fashion &amp; Luxury</a> industry, it is ranked #11 out of 59 stocks. To see ANF's Value, Momentum, Stability, and Sentiment ratings, <a href="https://stocknews.com/stock/ANF/">click here</a>.
PVH Corp. (<a href="https://stocknews.com/stock/PVH/">PVH</a>)
Valued at $5.43 billion by market cap, PVH operates as an apparel company in the United States and internationally. The company operates through its Tommy Hilfiger North America, Tommy Hilfiger International, Calvin Klein North America, Calvin Klein International, and Heritage Brands Wholesale segments.
In terms of the trailing-12-month gross profit margin, PVH's 59.52% is 60.3% higher than the 37.13% industry average. Its 13.64% trailing-12-month EBITDA margin is 19.7% higher than the 11.39% industry average. Also, the stock's 10.53% trailing-12-month EBIT margin is 31.7% higher than the 8% industry average.
In the second quarter that ended on August 4, 2024, PVH's total revenue amounted to $2.07 billion. Its earnings before interest and taxes rose 21.4% year-over-year to $173.90 million. The company's net income stood at $158 million, up 67.7% year-over-year, while its net income per common share for the quarter grew 86.7% from the prior-year value to $2.80.
Street expects PVH's EPS for the quarter ending January 31, 2025, to increase marginally year-over-year to $3.73. Its revenue for the quarter ending April 30, 2024, is expected to rise 1.3% year-over-year to $1.98  billion. It surpassed the Street EPS estimates in each of the trailing four quarters.
Over the past year, the stock has gained 31.6% to close the last trading session at $97.06. The average analyst price target of $128.36 indicates a <a href="https://www.tipranks.com/stocks/pvh/forecast">32.3% upside potential</a>.
PVH's strong fundamentals are reflected in its POWR Ratings. It has an overall rating of B, equating to a Buy in our proprietary rating system.
It has an A grade for Value and a B for Quality. It is ranked #6 in the Fashion &amp; Luxury industry. Beyond what we stated above, we also have given PVH grades for Growth, Momentum, Stability, and Sentiment. Get all the PVH ratings <a href="https://stocknews.com/stock/PVH/">here</a>.
Semtech Corporation (<a href="https://stocknews.com/stock/SMTC/">SMTC</a>)
SMTC designs, develops, manufactures, and markets analog and mixed-signal semiconductors and advanced algorithms. It provides signal integrity products and video products for broadcast applications, as well as video-over-IP technology for professional audio and video applications.
On September 25, 2024, SMTC announced a collaboration with Traxmate to provide a hybrid IoT asset-tracking solution. This combines Traxmate's AI-enhanced location services with SMTC's LoRa Edge platform for seamless indoor and outdoor tracking.
On September 24, 2024, SMTC announced the release of a one-channel LoRaWAN hub reference design and evaluation kit, enabling cost-effective small-scale network deployments for SMB and smart home applications.
In terms of the trailing-12-month gross profit margin, SMTC's 49.83% is marginally higher than the 49.69% industry average.
SMTC's net sales for the fiscal second quarter that ended July 28, 2024, were $215.36 million. Its non-GAAP operating income came in at $30.54 million. Similarly, its non-GAAP net income attributable to common stockholders and non-GAAP EPS stood at $8.11 million and $0.11, respectively. Moreover, its adjusted EBITDA rose 3.8% year-over-year to $40.54 million.
Analysts expect SMTC's EPS for the quarter ending October 31, 2024, to increase considerably year-over-year to 0.23. Its revenue for the same quarter is expected to grow 15.5% year-over-year to $232.06 million.
Over the past nine months, the stock has gained 101.8% to close the last trading session at $42.43. The average analyst price target of $55.60 indicates a <a href="https://www.tipranks.com/stocks/smtc/forecast">31% upside potential</a>.
SMTC's POWR Ratings reflect its solid prospects. SMTC has a B grade for Growth. Within the <a href="https://stocknews.com/category/semiconductor-wireless-chip/">Semiconductor &amp; Wireless Chip</a> industry, it is ranked #49 out of 92 stocks. To access SMTC's additional ratings for Value, Momentum, Stability, Sentiment, and Quality, <a href="https://stocknews.com/stock/SMTC/">click here</a>.
What To Do Next?
Discover 10 widely held stocks that our proprietary model shows have tremendous downside potential. Please make sure none of these "death trap" stocks are lurking in your portfolio:
<a href="https://report.stocknews.com/free-report/10-stocks-to-sell/?formplacement=artbotad_10sell">10 Stocks to SELL NOW! &gt;</a>

<hr />
ANF shares were trading at $140.42 per share on Wednesday afternoon, down $1.95 (-1.37%). Year-to-date, ANF has gained 59.17%, versus a 22.46% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Abhishek Bhuyan</h2> <img src='https:/wp-content/uploads/2023/07/ABhuyan.jpg' style="float:left; padding:5px;width:125px;">Abhishek embarked on his professional journey as a financial journalist due to his keen interest in discerning the fundamental factors that influence the future performance of financial instruments.<a href="https://stocknews.com/authors/?author=abhishek-bhuyan">More...</a>The post <a href=https://stocknews.com/news/anf-pvh-smtc-3-mid-cap-stocks-analysts-predict-will-rally-by-over-25/>3 Mid-Cap Stocks Analysts Predict Will Rally by Over 25%</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Mid-Cap Stocks Analysts Predict Will Rally by Over 25%

Long high-end retail and short low-end retail through 2024 – Wolfe Research

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PVH Corp. Reports 2024 First Quarter Revenue and Earnings Above Guidance and Raises Full Year EPS Outlook

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