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Movado Group NYSE:MOV Stock Report

Last Price

US$20.03

Market Cap

US$444.0m

7D

2.4%

1Y

-34.8%

Updated

26 Dec, 2024

Data

Company Financials +

Movado Group, Inc.

NYSE:MOV Stock Report

Market Cap: US$444.0m

MOV Stock Overview

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

MOV fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance2/6
Financial Health6/6
Dividends3/6

Rewards

Earnings are forecast to grow 87.63% per year

Trading at good value compared to peers and industry

Risk Analysis

Dividend of 6.99% is not well covered by earnings or free cash flows

Profit margins (3.6%) are lower than last year (8.3%)


My Notes

Capture your thoughts, links and company narrative

Community Narratives

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Narratives bring a range of perspectives from our community.

WA
Analyst Price Target
Consensus Narrative from 1 Analyst

Iconic New Products And Jewelry Investments Propel Global Expansion And Profitability

Key Takeaways Focused marketing and iconic product launches aim to boost brand awareness and revenue, especially during crucial holiday sales. Initiatives in new growth markets and jewelry investments enhance international revenue and diversify geographic and product offerings.
View narrative
US$38.00
FV
47.3% undervalued intrinsic discount
4.61%
Revenue growth p.a.
0users have liked this narrative
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2users have followed this narrative
Updated narrative

Movado Group, Inc. Competitors

Superior Group of Companies

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US$262.1m

FIGS

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US$954.3m

G-III Apparel Group

NasdaqGS:GIII

US$1.5b

Oxford Industries

NYSE:OXM

US$1.3b

Price History & Performance

Summary of share price highs, lows and changes for Movado Group
Historical stock prices
Current Share PriceUS$20.03
52 Week HighUS$31.18
52 Week LowUS$17.86
Beta1.05
1 Month Change1.42%
3 Month Change5.59%
1 Year Change-34.82%
3 Year Change-52.45%
5 Year Change-5.16%
Change since IPO436.52%

Recent News & Updates

Movado Group (NYSE:MOV) Is Paying Out A Dividend Of $0.35

Dec 08
Movado Group (NYSE:MOV) Is Paying Out A Dividend Of $0.35

Recent updates

Movado Group (NYSE:MOV) Is Paying Out A Dividend Of $0.35

Dec 08
Movado Group (NYSE:MOV) Is Paying Out A Dividend Of $0.35

Movado: Dividend Under Pressure Unless Increaed Investment Spend Can Spur Growth

Sep 11

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

Sep 10
Movado Group (NYSE:MOV) Is Due To Pay A Dividend Of $0.35

Movado Group, Inc. Just Missed EPS By 16%: Here's What Analysts Think Will Happen Next

Sep 08
Movado Group, Inc. Just Missed EPS By 16%: Here's What Analysts Think Will Happen Next

Movado: Brand Weakness Is More Than Temporary

Jun 19

Shareholders May Be Wary Of Increasing Movado Group, Inc.'s (NYSE:MOV) CEO Compensation Package

Jun 13
Shareholders May Be Wary Of Increasing Movado Group, Inc.'s (NYSE:MOV) CEO Compensation Package

Some May Be Optimistic About Movado Group's (NYSE:MOV) Earnings

Jun 07
Some May Be Optimistic About Movado Group's (NYSE:MOV) Earnings

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

Apr 14
Is Now The Time To Look At Buying Movado Group, Inc. (NYSE:MOV)?

Movado: Watch For This Cash-Rich Dividend Payer

Jan 04

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

Oct 27

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

Oct 03
At US$28.06, Is It Time To Put Movado Group, Inc. (NYSE:MOV) On Your Watch List?

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

Aug 28
Movado Group (NYSE:MOV) Has Affirmed Its Dividend Of $0.35

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

Movado Group: Not Time To Get Out Just Yet

Feb 13

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

Jan 07
Why Movado Group, Inc. (NYSE:MOV) Could Be Worth Watching

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

Nov 17
Do Movado Group's (NYSE:MOV) Earnings Warrant Your Attention?

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

Oct 05
Calculating The Intrinsic Value Of Movado Group, Inc. (NYSE:MOV)

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

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

Jun 17
With EPS Growth And More, Movado Group (NYSE:MOV) Makes An Interesting Case

Movado Group: Now Might Be The Time To Buy

Jun 14

Shareholder Returns

MOVUS LuxuryUS Market
7D2.4%-0.8%-0.4%
1Y-34.8%-7.2%24.8%

Return vs Industry: MOV underperformed the US Luxury industry which returned -7.2% over the past year.

Return vs Market: MOV underperformed the US Market which returned 24.8% over the past year.

Price Volatility

Is MOV's price volatile compared to industry and market?
MOV volatility
MOV Average Weekly Movement4.0%
Luxury Industry Average Movement5.9%
Market Average Movement6.3%
10% most volatile stocks in US Market17.0%
10% least volatile stocks in US Market3.1%

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

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

About the Company

FoundedEmployeesCEOWebsite
19611,283Efraim Grinbergwww.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 capUS$444.02m
Earnings (TTM)US$23.81m
Revenue (TTM)US$658.33m

18.7x

P/E Ratio

0.7x

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)
RevenueUS$658.33m
Cost of RevenueUS$301.28m
Gross ProfitUS$357.05m
Other ExpensesUS$333.24m
EarningsUS$23.81m

Last Reported Earnings

Oct 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.07
Gross Margin54.24%
Net Profit Margin3.62%
Debt/Equity Ratio0%

How did MOV perform over the long term?

See historical performance and comparison

Dividends

7.0%

Current Dividend Yield

131%

Payout Ratio

Does MOV pay a reliable dividends?

See MOV dividend history and benchmarks
When do you need to buy MOV by to receive an upcoming dividend?
Movado Group dividend dates
Ex Dividend DateDec 16 2024
Dividend Pay DateDec 30 2024
Days until Ex dividend10 days
Days until Dividend pay date4 days

Does MOV pay a reliable dividends?

See MOV dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 01:30
End of Day Share Price 2024/12/24 00:00
Earnings2024/10/31
Annual Earnings2024/01/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Movado Group, Inc. is covered by 12 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kristine KoerberBarrington Research Associates, Inc.
Michael LeggBenchmark Company
Eric BederBrean Capital