Movado Group (NYSE:MOV) - Stock Price, News & Analysis

MOV Stock Overview

Designs, sources, markets, and distributes watches in the United States and internationally.

MOV fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	2/6
Past Performance	2/6
Financial Health	6/6
Dividends	5/6

Rewards

Trading at 60.2% below our estimate of its fair value

Earnings are forecast to grow 16.45% per year

Trading at good value compared to peers and industry

Risk Analysis

Unstable dividend track record

Profit margins (6.9%) are lower than last year (12.6%)

Movado Group, Inc. Competitors

FIGS

NYSE:FIGS

US$881.8m

Superior Group of Companies

NasdaqGM:SGC

US$334.9m

G-III Apparel Group

NasdaqGS:GIII

US$1.3b

Vera Bradley

NasdaqGS:VRA

US$243.9m

Price History & Performance

Summary of all time highs, changes and price drops for Movado Group
Historical stock prices
Current Share Price	US$26.50
52 Week High	US$31.44
52 Week Low	US$23.94
Beta	1.17
1 Month Change	3.52%
3 Month Change	-8.02%
1 Year Change	-0.93%
3 Year Change	-9.00%
5 Year Change	5.54%
Change since IPO	609.82%

Is Now The Time To Look At Buying Movado Group, Inc. (NYSE:MOV)?

Apr 14

Recent updates

At US$28.06, Is It Time To Put Movado Group, Inc. (NYSE:MOV) On Your Watch List?

Oct 03

Movado Group (NYSE:MOV) Has Affirmed Its Dividend Of $0.35

Aug 28

Movado Group: Pressure On Revenue And Margin Remains

Jun 30

Movado Group (NYSE:MOV) Is Due To Pay A Dividend Of $0.35

May 28

Movado Group: Not Time To Get Out Just Yet

Feb 13

Why Movado Group, Inc. (NYSE:MOV) Could Be Worth Watching

Jan 07

Do Movado Group's (NYSE:MOV) Earnings Warrant Your Attention?

Nov 17

Calculating The Intrinsic Value Of Movado Group, Inc. (NYSE:MOV)

Oct 05

Movado Group: Conservative But Stable Growth

Oct 04

Movado Group: +26% Q2 EPS Above Consensus, Secular Growth Industry

Aug 30

Movado Q2 2023 Earnings Preview

Aug 24

What Does Movado Group, Inc.'s (NYSE:MOV) Share Price Indicate?

Jul 21

With EPS Growth And More, Movado Group (NYSE:MOV) Makes An Interesting Case

Jun 17

Movado Group: Now Might Be The Time To Buy

Jun 14

Movado: 57% EPS Surge Leads To 40% Dividend Hike, 6x P/E With 31% Net Cash

Mar 28

Is Now The Time To Look At Buying Movado Group, Inc. (NYSE:MOV)?

Jan 11

Movado: +28% Revenues, Record Quarter And 18% Net Cash

Nov 27

Movado Group: Limited Supply Has Created The Perfect Storm

Oct 15

Small And Microcap Newsletter: Movado Trades At A Substantial Discount To Market

Sep 03

Movado: Q2 Huge Beat At Twice Consensus, 23% Net Cash And P/E Of 9x

Aug 28

Shareholder Returns

	MOV	US Luxury	US Market
7D	-1.4%	4.4%	-0.6%
1Y	-0.9%	4.2%	22.3%

Return vs Industry: MOV underperformed the US Luxury industry which returned 2.3% over the past year.

Return vs Market: MOV underperformed the US Market which returned 21.5% over the past year.

Price Volatility

Is MOV's price volatile compared to industry and market?
MOV volatility
MOV Average Weekly Movement	3.6%
Luxury Industry Average Movement	5.9%
Market Average Movement	5.8%
10% most volatile stocks in US Market	15.7%
10% least volatile stocks in US Market	2.9%

Stable Share Price: MOV has not had significant price volatility in the past 3 months.

Volatility Over Time: MOV's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1961	1,283	Efraim Grinberg	www.movadogroup.com

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.

Movado Group, Inc. Fundamentals Summary

How do Movado Group's earnings and revenue compare to its market cap?
MOV fundamental statistics
Market cap	US$583.67m
Earnings (TTM)	US$46.71m
Revenue (TTM)	US$672.60m

12.6x

P/E Ratio

0.9x

P/S Ratio

Is MOV overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MOV income statement (TTM)
Revenue	US$672.60m
Cost of Revenue	US$302.21m
Gross Profit	US$370.39m
Other Expenses	US$323.68m
Earnings	US$46.71m

Last Reported Earnings

Jan 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	2.10
Gross Margin	55.07%
Net Profit Margin	6.94%
Debt/Equity Ratio	0%

How did MOV perform over the long term?

See historical performance and comparison

Dividends

5.3%

Current Dividend Yield

67%

Payout Ratio

MOV Stock Overview

Rewards

Risk Analysis

Movado Group, Inc. Competitors

NYSE:FIGS

US$881.8m

NasdaqGM:SGC

US$334.9m

NasdaqGS:GIII

US$1.3b

NasdaqGS:VRA

US$243.9m

Price History & Performance

Recent News & Updates

Movado Group, Inc. Approves Cash Dividend, Payable on June 26, 2024

Movado Group, Inc. to Report Q1, 2025 Results on May 30, 2024

Movado Group, Inc., Annual General Meeting, Jun 20, 2024

Is Now The Time To Look At Buying Movado Group, Inc. (NYSE:MOV)?

Movado Group, Inc. Announces Appointment of Debbie Forman-Pavan as President of North America Sales

Fourth quarter dividend of US$0.35 announced

Recent updates

Movado Group, Inc. Approves Cash Dividend, Payable on June 26, 2024

Movado Group, Inc. to Report Q1, 2025 Results on May 30, 2024

Movado Group, Inc., Annual General Meeting, Jun 20, 2024

Is Now The Time To Look At Buying Movado Group, Inc. (NYSE:MOV)?

Movado Group, Inc. Announces Appointment of Debbie Forman-Pavan as President of North America Sales

Fourth quarter dividend of US$0.35 announced

Full year 2024 earnings: EPS exceeds analyst expectations

Movado Group, Inc. Approves Cash Dividend, Payable on April 23, 2024

Movado Group, Inc. to Report Q4, 2024 Results on Mar 26, 2024

Movado: Watch For This Cash-Rich Dividend Payer

Executive VP notifies of intention to sell stock

Consensus EPS estimates fall by 11%

Upcoming dividend of US$0.35 per share at 5.4% yield

Movado Group, Inc. Updates Earnings Guidance for the Fiscal Year 2024

New minor risk - Profit margin trend

Movado Group, Inc. to Report Q3, 2024 Results on Nov 30, 2023

Price target increased by 7.9% to US$41.00

Movado: Attractive Valuations Don't Make Up For Weak Performance

At US$28.06, Is It Time To Put Movado Group, Inc. (NYSE:MOV) On Your Watch List?

Upcoming dividend of US$0.35 per share at 5.2% yield

Movado Group (NYSE:MOV) Has Affirmed Its Dividend Of $0.35

Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

Movado Group, Inc. Approves Cash Dividend, Payable on September 21, 2023

Movado Group, Inc. to Report Q2, 2024 Results on Aug 24, 2023

Movado Group: Pressure On Revenue And Margin Remains

Upcoming dividend of US$0.35 per share at 5.4% yield

Movado Group (NYSE:MOV) Is Due To Pay A Dividend Of $0.35

Movado Group, Inc. Approves Cash Dividend, Payable on June 21, 2023

First quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

Movado Group, Inc. to Report Q1, 2024 Results on May 25, 2023

Movado Group, Inc., Annual General Meeting, Jun 22, 2023

Movado Group, Inc. Announces Executive Changes

Upcoming dividend of US$1.35 per share at 4.8% yield

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Investor sentiment deteriorates as stock falls 17%

Movado Group, Inc. Announces Promotion of Margot Grinberg to President of the Movado Brand and SVP of E-Commerce

Movado Group: Not Time To Get Out Just Yet

Independent Director recently sold US$169k worth of stock

Why Movado Group, Inc. (NYSE:MOV) Could Be Worth Watching

Movado Group, Inc. Revises Earnings Guidance for the Fiscal Year 2023

Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Do Movado Group's (NYSE:MOV) Earnings Warrant Your Attention?

Insufficient new directors

Movado Group, Inc. to Report Q3, 2023 Results on Nov 22, 2022

Calculating The Intrinsic Value Of Movado Group, Inc. (NYSE:MOV)

Movado Group: Conservative But Stable Growth

Movado Group: +26% Q2 EPS Above Consensus, Secular Growth Industry

Upcoming dividend of US$0.35 per share

Movado Group, Inc. Revises Earnings Guidance for the Year 2023

Second quarter 2023 earnings released: EPS: US$1.05 (vs US$0.83 in 2Q 2022)

Movado Q2 2023 Earnings Preview

Movado Group, Inc. to Report Q2, 2023 Results on Aug 25, 2022

Insufficient new directors

What Does Movado Group, Inc.'s (NYSE:MOV) Share Price Indicate?

Insufficient new directors

With EPS Growth And More, Movado Group (NYSE:MOV) Makes An Interesting Case

Movado Group: Now Might Be The Time To Buy

Upcoming dividend of US$0.35 per share

First quarter 2023 earnings released: EPS: US$0.79 (vs US$0.40 in 1Q 2022)