PVH Corp. ($PVH) Stock Forecast: Down 5.2% Today

What is PVH Corp.?

PVH (NYSE: PVH) PVH Corp. is a global apparel company that owns brands such as Calvin Klein and Tommy Hilfiger. The stock had a bearish movement.

Why is PVH Corp. going down?

PVH stock is down 5.2% on Dec 6, 2024 16:36

• Strong Q3 earnings were reported by PVH, surpassing estimates, attributed to the successful execution of the PVH+ Plan and other initiatives.
• Despite the positive earnings, the stock dipped due to weak Q4 guidance provided by the company.
• Investors' reaction to the soft guidance for the upcoming quarter led to the bearish movement in the stock price.
• Market sentiment towards PVH might have been impacted by concerns about the company's future performance based on the guidance provided.

PVH Price Chart

PVH Technical Analysis

PVH News

PVH's Q3 Earnings Beat Estimates, Stock Dips on Weak Q4 Guidance

PVH Corp.'s third-quarter fiscal 2024 results benefit from the strong execution of the PVH+ Plan and other efforts.

https://www.zacks.com/stock/news/2379812/pvhs-q3-earnings-beat-estimates-stock-dips-on-weak-q4-guidance

Calvin Klein Parent PVH Falls As Q3 Beats Are Derailed By Soft Guidance - PVH ( NYSE:PVH )

PVH Corp. PVH shares are trading lower after the company reported third-quarter results and provided soft guidance. Sales came in at $2.255 billion, which beat the analyst consensus estimate of $2.220 billion. Revenue in the company's international businesses was flat year over year and down 2% ...

https://www.benzinga.com/news/buybacks/24/12/42342195/calvin-klein-parent-pvh-falls-as-q3-beats-are-derailed-by-soft-guidance

Kroger, Five Below And 3 Stocks To Watch Heading Into Thursday - Five Below ( NASDAQ:FIVE ) , Dollar Gen ( NYSE:DG )

With U.S. stock futures trading mixed this morning on Thursday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Dollar General Corporation DG to report quarterly earnings at 94 cents per share on revenue of $10.15 billion before the opening bell, ...

https://www.benzinga.com/news/earnings/24/12/42332759/kroger-five-below-and-3-stocks-to-watch-heading-into-thursday

Dollar Tree, Salesforce And 3 Stocks To Watch Heading Into Wednesday - Dollar Tree ( NASDAQ:DLTR ) , Salesforce ( NYSE:CRM )

With U.S. stock futures trading higher this morning on Wednesday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Dollar Tree, Inc. DLTR to report quarterly earnings at $1.07 per share on revenue of $7.44 billion before the opening bell, according to data ...

https://www.benzinga.com/markets/24/12/42308279/dollar-tree-salesforce-and-3-stocks-to-watch-heading-into-wednesday

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PVH Corp. Price History

06.11.2024 - PVH Stock was down 5.2%

• Strong Q3 earnings were reported by PVH, surpassing estimates, attributed to the successful execution of the PVH+ Plan and other initiatives.
• Despite the positive earnings, the stock dipped due to weak Q4 guidance provided by the company.
• Investors' reaction to the soft guidance for the upcoming quarter led to the bearish movement in the stock price.
• Market sentiment towards PVH might have been impacted by concerns about the company's future performance based on the guidance provided.

28.07.2024 - PVH Stock was down 6.8%

• PVH Corp stock witnessed a bearish movement recently with the following factors contributing to this trend:
• The company provided a forecast of declining third-quarter revenue and lower-than-expected earnings, which dampened investor confidence.
• Reduction in a stock target and a 'hold' rating following the revised 3Q sales outlook added to the selling pressure on PVH shares.
• Despite previously raising its FY24 guidance, the latest projections from the company were met with market pessimism, resulting in a decrease in stock value.
• The broader market sentiment, reflected in mixed U.S. stock futures, also influenced the downward trajectory of PVH's stock price.

28.07.2024 - PVH Stock was down 6.3%

• PVH Corp reported downbeat second-quarter earnings, leading to a sharp decline in its stock price.
• The company's guidance for a third-quarter revenue decline and EPS estimates below expectations further contributed to the bearish sentiment.
• Despite Calvin Klein's viral marketing campaign featuring Jeremy Allen White, PVH's stock performance was overshadowed by concerns about softer trends in the US and China, as highlighted by analysts.
• The overall market trend, with US markets opening slightly lower, also added pressure on PVH's stock price, aligning with the bearish movement observed today.

08.01.2024 - PVH Stock was up 5.6%

• PVH Corp announced a quarterly cash dividend distribution, which could have attracted investors and contributed to the bullish movement.
• Richard Pzena, a prominent investor, adjusted his stake in PVH Corp, which may have generated positive sentiment and further fueled the bullish movement.
• The overall positive market sentiment and investor confidence in PVH Corp's brands could also be contributing factors to the bullish movement.

02.03.2024 - PVH Stock was down 23.4%

• PVH shares dropped following weak first-quarter guidance despite positive fourth-quarter results.
• Analysts observed that Calvin Klein and Tommy Hilfiger, brands under PVH, have strong gross margins, but this did not prevent the stock decline.
• The market correction in cryptocurrencies like Bitcoin, Ethereum, and Dogecoin may have impacted PVH's stock amidst the negative sentiment.
• Jim Cramer's comments on various stocks, including PVH, during Tuesday's market session could have influenced the movement of PVH's stock.

02.03.2024 - PVH Stock was down 23.3%

• Weak first-quarter guidance was issued by PVH Corp., despite surpassing fourth-quarter earnings and revenues expectations.
• Bond yields rose to 4.36% and oil prices hit a five-month high, impacting the overall market due to supply/demand dynamics and geopolitical tensions.
• Citi maintained a Neutral rating on PVH Corp stock, pointing to uncertainties ahead.
• Challenging conditions in Europe were highlighted by the company as a factor in the softened outlook, contributing to the stock decline.

08.01.2024 - PVH Stock was up 6.5%

• PVH Corp announced a quarterly cash dividend distribution, indicating confidence in the company's financial health and potential for future growth.
• Richard Pzena, a prominent investor, adjusted his stake in PVH Corp, potentially signaling positive sentiment and belief in the company's prospects.
• The declaration of a dividend by PVH Corp further reinforces the company's commitment to returning value to shareholders, which could have attracted more investors to the stock.
• Overall, the combination of these factors likely contributed to the bullish market movement of PVH Corp today.

02.03.2024 - PVH Stock was down 23.8%

• PVH Corp. faced a strong bearish movement.
• The weak future guidance after Q4 results likely contributed to the downward pressure on the stock.
• Concerns about the Federal Reserve potentially cutting interest rates in June may have added to the overall bearish sentiment in the market.
• Despite the negative movement, investors should keep an eye on any potential turnaround strategies that PVH Corp. might implement to improve its performance in the future.

30.10.2023 - PVH Stock was down 2.6%

• PVH Corp raised its full-year EPS outlook on strong Q3 results, beating earnings expectations. This positive news should have had a bullish impact on the stock.
• However, despite the positive earnings and raised outlook, PVH shares dropped 5% and shed 6% in postmarket trading. This indicates a bearish market movement.
• The downgrade of PVH's rating from buy to hold by StockNews.com could have contributed to the bearish movement.
• The lower-than-expected guidance for the holiday season might have also influenced the negative market sentiment.

14.10.2023 - PVH Stock was up 5.9%

• PVH Corp. announced the sale of its Warners, Olga, and True & Co. businesses to Basic Resources for $160 million in an all-cash deal. This move allows PVH to focus on its core brands, which could be seen as a positive development for investors.
• The upcoming release of PVH Corp.'s third quarter 2023 earnings results might have also contributed to the bullish movement. Investors may have been optimistic about the company's performance and future prospects.
• The news about Tommy Hilfiger re-listing a Palm Beach mansion for $35.9 million is unrelated to PVH Corp.'s stock movement and does not have a direct impact on the company's financials or operations.

02.03.2024 - PVH Stock was down 22.3%

• CFRA has reduced PVH Corp's price target to $138 while keeping a buy rating, indicating a lack of optimism about the stock's future growth prospects.
• Weak fourth-quarter performance and future guidance from the company are causing a decline in the stock price, contributing to the bearish trend.
• Negative assessments of apparel stocks following PVH's guidance are influencing the pessimistic mood toward the company.
• Concerns in the market about potential interest rate cuts by the Federal Reserve might be impacting investor trust in PVH Corp and other stocks, resulting in the downward trend.

15.10.2023 - PVH Stock was up 5.2%

• Despite reports of violent protests by garment workers in Bangladesh, PVH Corp's stock remained unaffected and even saw a bullish movement. It seems that investors are confident in the company's ability to navigate through these challenges.
• PVH Corp's upcoming conference call to discuss their third-quarter earnings results might have sparked positive sentiment among investors, leading to the bullish movement. Perhaps they are expecting strong financial performance.
• The announcement of PVH Corp's decision to sell its Warners, Olga, and True & Co. businesses to Basic Resources for $160 million in an all-cash deal could be seen as a strategic move to focus on their core brands. This decision might have been well-received by investors, contributing to the bullish market movement.
• Overall, despite external challenges and changes within the company, PVH Corp's stock experienced a bullish movement, possibly due to investor confidence in the company's future prospects and strategic decisions.