Past 3 Quarter Analysis for Movado Group, Inc. (NYSE:MOV)


Movado Group, Inc. (NYSE:MOV) moved up 0.43% and closed its last trading session at $23.6. This Retail-Wholesale Sector stock currently has the Market Capitalization of 541.15 Million. The Average Volume for the stock is measured as 133.75 Million. The Stock has a 52-Week High of $31.95 and 52-Week Low of $19.14 following the dates, it touched its 52-Week High on Dec 12, 2016 and 52-Week Low on Jun 13, 2016. Currently, the Return on Assets value for the trailing twelve months is 6.3% with the Return on Equity and Return on Investment of 8.3% and 9.7% respectively. This firm currently has YTD (year to date) performance of -17.91 Percent which is not good. The Short Ratio for the stock is 4.98.

Movado Group, Inc. (NYSE:MOV) Price to Earnings (P/E) ratio is 14.53. EPS or Earning per Share stands at $1.62. The TTM operating margin is 10.3 percent.

Movado Group, Inc. (NYSE:MOV) reports its Earnings on Tomorrow. The estimated EPS for the current quarter is said to be $0.22. Following Earnings result, share price were UP 17 times out of last 27 Qtrs. The stock has reduced about -7.9% since it reported its last earnings. The Closing price of Movado Group, Inc. (NYSE:MOV) at Last Earnings was $25.63 as compared to the previous closing price of $23.5. The Predicted Move on the 7th day after Movado Group, Inc. (NYSE:MOV) will release its earnings at about 10%.

By Looking at Earnings History, Out of 12 Quarters when the Earnings were reported, Movado Group, Inc. (NYSE:MOV) beats earnings by 50%, The Stock Missed Earnings  4  times and has met earnings  2  times.

Earnings History:

We will discuss the past Quarters Earnings below:

Movado Group, Inc. (NYSE:MOV) reported its previous quarter on 11/22/2016 where it reported the Actual Earnings of $0.91. The Closing price before the company posted its earnings was $25.63. The Stock surged on the very next day of earnings and maintained its stock price at $29.36 by showing a % change of 14.55 percent from its previous closing price. The Next Day Volume after Earnings was reported as 512042. On the 7th day After Earnings Report, the stock hit its share price as $29.22 by showing 14.01% increase from the Stock price Before Earnings were reported.

On 08/25/2016, the stock reported the EPS of $0.27 where Analysts were projecting the EPS to be $0.31 showing a difference of $-0.04. Thus Surprise Factor was there with -12.9 percent. Before Earnings Announcement on 08/25/2016, the firm had its stock price of $23.64. And immediately on the next day after earnings announcement, the stock declined -4.53% and closed its trading session at $22.57. On 7th Day after earnings release, Movado Group, Inc. (NYSE:MOV) dropped to -4.95% from $23.64 to $22.47.

On 05/26/2016, Analysts were suspecting EPS of $0.16/share where Movado Group, Inc. (NYSE:MOV) reported its Actual EPS of $0.19. Thus showing a Surprise of 18.8 percent. The Closing Price of the stock before earnings was $23.36 while on the Next day the stock closed its trading session at $21.2 with a percentage change of -9.25% from the price of 23.36 before Earnings. The Stock Closing Price on the 7th day of earnings was $20.18.

Company Profile:

Movado Group, Inc. designs, develops, sources, markets, and distributes fine watches in the United States and internationally. The company operates in two segments, Wholesale and Retail. The company offers its watches under the Coach, Concord, Ebel, ESQ Movado, Scuderia Ferrari, HUGO BOSS, Juicy Couture, Lacoste, Movado, and Tommy Hilfiger brands to jewelry store chains, department stores, independent regional jewelers, licensors’ retail stores, and a network of independent distributors. It also provides after-sales and shipping service. In addition, the company operates 40 retail outlets throughout the United States. The company was formerly known as North American Watch Corporation and changed its name to Movado Group, Inc. in 1996. Movado Group, Inc. was founded in 1961 and is based in Paramus, New Jersey.