Movado Group, Inc. designs, sources, markets, and distributes watches worldwide. More Details
Flawless balance sheet second-rate dividend payer.
Share Price & News
How has Movado Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MOV is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: MOV's weekly volatility (5%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: MOV exceeded the US Luxury industry which returned 72.6% over the past year.
Return vs Market: MOV exceeded the US Market which returned 34.7% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Movado Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StMovado Group (NYSE:MOV) Could Easily Take On More Debt
4 months ago | Simply Wall StHave Movado Group, Inc. (NYSE:MOV) Insiders Been Selling Their Stock?
5 months ago | Simply Wall StIs Movado Group, Inc. (NYSE:MOV) An Attractive Dividend Stock?
Is Movado Group undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: MOV ($30.23) is trading above our estimate of fair value ($12.7)
Significantly Below Fair Value: MOV is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: MOV is good value based on its PE Ratio (14.7x) compared to the US Luxury industry average (24x).
PE vs Market: MOV is good value based on its PE Ratio (14.7x) compared to the US market (18x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MOV's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MOV's PB Ratio (1.7x) is in line with the US Luxury industry average.
How is Movado Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if MOV's forecast earnings growth is above the savings rate (2%).
Earnings vs Market: Insufficient data to determine if MOV's earnings are forecast to grow faster than the US market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: MOV's revenue (13.8% per year) is forecast to grow faster than the US market (9.2% per year).
High Growth Revenue: MOV's revenue (13.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if MOV's Return on Equity is forecast to be high in 3 years time
How has Movado Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MOV has high quality earnings.
Growing Profit Margin: MOV became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: MOV's earnings have declined by 41.2% per year over the past 5 years.
Accelerating Growth: MOV has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: MOV has become profitable in the last year, making it difficult to compare its past year earnings growth to the Luxury industry (56.9%).
Return on Equity
High ROE: MOV's Return on Equity (11.3%) is considered low.
How is Movado Group's financial position?
Financial Position Analysis
Short Term Liabilities: MOV's short term assets ($483.5M) exceed its short term liabilities ($114.6M).
Long Term Liabilities: MOV's short term assets ($483.5M) exceed its long term liabilities ($148.4M).
Debt to Equity History and Analysis
Debt Level: MOV's debt to equity ratio (2.3%) is considered satisfactory.
Reducing Debt: MOV's debt to equity ratio has reduced from 7.6% to 2.3% over the past 5 years.
Debt Coverage: MOV's debt is well covered by operating cash flow (786.2%).
Interest Coverage: MOV's interest payments on its debt are well covered by EBIT (30.8x coverage).
What is Movado Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MOV's dividend (2.65%) is higher than the bottom 25% of dividend payers in the US market (1.3%).
High Dividend: MOV's dividend (2.65%) is low compared to the top 25% of dividend payers in the US market (3.54%).
Stability and Growth of Payments
Stable Dividend: MOV's dividend payments have been volatile in the past 10 years.
Growing Dividend: MOV's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (14.6%), MOV's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Efraim Grinberg (63 yo)
Mr. Efraim Grinberg has been the Chief Executive Officer and Chairman of Movado Group, Inc. since May 15, 2001 and January 31, 2009 respectively. Mr. Grinberg joined Movado in June 1980. He oversaw Movado’...
CEO Compensation Analysis
Compensation vs Market: Efraim's total compensation ($USD3.56M) is above average for companies of similar size in the US market ($USD2.42M).
Compensation vs Earnings: Efraim's compensation has been consistent with company performance over the past year.
Experienced Management: MOV's management team is seasoned and experienced (11.8 years average tenure).
Experienced Board: MOV's board of directors are seasoned and experienced ( 10.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: MOV insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Movado Group, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Movado Group, Inc.
- Ticker: MOV
- Exchange: NYSE
- Founded: 1961
- Industry: Apparel, Accessories and Luxury Goods
- Sector: Consumer Durables
- Market Cap: US$705.831m
- Shares outstanding: 23.38m
- Website: https://www.movadogroup.com
Number of Employees
- Movado Group, Inc.
- 650 From Road
- Suite 375
- New Jersey
- United States
Movado Group, Inc. designs, sources, markets, and distributes watches worldwide. It operates in two segments, Watch and Accessory Brands, and Company Stores. The company offers its watches under the Movado...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/08/04 23:02|
|End of Day Share Price||2021/08/04 00:00|
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.