Movado Group, Inc. (MOV) Analysts See $0.12 EPS on May, 24

May 16, 2018 - By Samuel McNeil

During Q4 2017 the big money sentiment decreased to 1.26. That’s change of 0.37, from 2017Q3’s 1.63. 10 investors sold all, 51 reduced holdings as Movado Group, Inc. ratio worsened. 43 increased holdings while 34 funds acquired holdings. Funds hold 14.64 million shares thus 1.47% more from 2017Q3’s 14.43 million shares.
Principal Grp stated it has 116,967 shs or 0% of all its holdings. Natl Bank Of Mellon stated it has 0% of its capital in Movado Group, Inc. (NYSE:MOV). Renaissance Limited Liability, a New York-based fund reported 43,500 shs. 233,928 are owned by Geode Cap Limited Liability. Gamco Invsts Et Al stated it has 86,901 shs or 0.02% of all its holdings. Clarivest Asset Management Llc, California-based fund reported 5,389 shs. Prelude Limited Liability Com has 2,869 shs. 230,672 are owned by Lsv Asset Management. Royal Financial Bank Of Canada holds 35,087 shs. New York State Common Retirement Fund accumulated 42,947 shs. Jacobs Levy Equity holds 0.01% or 9,431 shs in its capital. Macquarie Grp Ltd, Australia-based fund reported 23,509 shs. Northern Tru Corp has invested 0% in Movado Group, Inc. (NYSE:MOV). State Of Tennessee Treasury Department has invested 0% in Movado Group, Inc. (NYSE:MOV). Mason Street Advsr Limited Liability Com holds 0% of its capital in Movado Group, Inc. (NYSE:MOV) for 4,027 shs.

Movado Group, Inc. registered $14.12 million net activity with 0 insider purchases and 22 insider sales since January 9, 2018. Another trade for 15,000 shs valued at $567,450 was made by GRINBERG ALEXANDER on Wednesday, April 4. Morelli Francis Anthony sold 10,000 shs worth $376,085.

On May, 24. Investors wait Movado Group, Inc. (NYSE:MOV) to publish its quarterly earnings, as reported by RTT. Analysts expect change of 1,100.00 % or $0.11 from previous year’s $0.01 earnings per share compared to current’s $0.12 earnings per share. This could reach $2.75M profit for MOV assuming the current $0.12 earnings per share will become reality. Wall Street now forecasts -76.92 % negative EPS growth despite Movado Group, Inc. previous quarter’s EPS of $0.52. Ticker’s shares touched $40.05 during the last trading session after 1.39% change.Currently Movado Group, Inc. is uptrending after 36.40% change in last May 16, 2017. MOV has 137,049 shares volume. MOV outperformed the S&P500 by 24.85%.

Movado Group, Inc. (NYSE:MOV) Ratings Coverage

In total 2 analysts cover Movado Group (NYSE:MOV). “Buy” rating has 0, “Sell” are 0, while 2 are “Hold”. (NYSE:MOV) has 0 bullish analysts. 3 are the (NYSE:MOV)’s ratings reports on May 16, 2018 according to StockzIntelligence Inc. In Monday, April 9 report Cowen & Co maintained it with “Hold” rating and $4200 target. On Tuesday, November 21 the firm has “Hold” rating by KeyBanc Capital Markets given. On Tuesday, November 21 the rating was maintained by Cowen & Co with “Hold”.

Movado Group, Inc. designs, develops, sources, markets, and distributes fine watches in the United States and internationally.The firm is worth $918.72 million. The firm operates in two divisions, Wholesale and Retail.Last it reported negative earnings. The firm offers its watches under the Ebel, Concord, Movado, ESQ Movado, Coach, HUGO BOSS, Juicy Couture, Lacoste, Tommy Hilfiger, and SCUDERIA FERRARI brands.

There’s a significant Movado Group, Inc. (NYSE:MOV) news brought out by Investorplace.com. It’s an article titled: “3 Earnings Beats — And What It Means for Stocks Still to Report” on April 23, 2018.

Movado Group, Inc. (NYSE:MOV) Institutional Investors Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.