Movado Group Stock News

Record 3Q results with 28% revenues & 111% EPS surge YoY, much ahead of expectations. Dividend +25% and new buyback led to Movado's stock up 18% in last two days.

Movado Group, Inc. (NYSE:MOV) shares hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $48.66 and last traded at $47.66, with a volume of 680103 shares. The stock had previously closed at $44.58. A number of equities analysts have issued reports on MOV shares. TheStreet upgraded shares []

Movado Group, Inc. (MOV) shares closed this week 21.4% higher than it did at the end of last week. The stock is currently up 192.2% year-to-date, up 168.9% over the past 12 months, and up 78.7% over the past five years. This week, the Dow Jones Industrial Average fell 0.2%, and the S&P 500 fell 0.1%. Trading Activity Shares traded as high as $48.66 and as low as $37.73 this week.Shares closed 6.7% below its 52-week high and 189.1% above its 52-week low.Trading volume this week was 94.1% higher than the 10-day average and 230.6% higher than the 30-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.2. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates an upward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price beats the S&P 500 Index this week, beats it on a 1-year basis, and lags it on a 5-year basis The company's share price beats the Dow Jones Industrial Average this week, beats it on a 1-year basis, and lags it on a 5-year basis The company share price beats the performance of its peers in the Consumer Discretionary industry sector this week, beats it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by 6632.1% The company's stock price performance over the past 12 months beats the peer average by 2553.4% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is -89.9% lower than the average peer. This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.

Movado Group (NYSE:MOV) released its earnings results on Tuesday. The company reported $1.36 EPS for the quarter, topping analysts consensus estimates of $1.01 by $0.35, MarketWatch Earnings reports. Movado Group had a net margin of 11.25% and a return on equity of 15.73%. During the same quarter in the previous year, the business posted $0.70 []

Movado Group, Inc. (MOV) shares closed 6.1% higher than its previous 52 week high, giving the company a market cap of $735M. The stock is currently up 173.3% year-to-date, up 172.1% over the past 12 months, and up 72.8% over the past five years. This week, the Dow Jones Industrial Average fell 0.9%, and the S&P 500 fell 0.2%. Trading Activity Trading volume this week was 258.9% higher than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.2. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates an upward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Consumer Discretionary industry sector , beats it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by -146632.1% The company's stock price performance over the past 12 months beats the peer average by 2722.5% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is -88.5% lower than the average peer. This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.

Prudential Financial Inc. lessened its holdings in Movado Group, Inc. (NYSE:MOV) by 2.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 37,338 shares of the companys stock after selling 1,020 shares during the quarter. Prudential Financial Inc.s holdings in Movado Group were worth $1,175,000 []

Nuveen Asset Management LLC trimmed its holdings in Movado Group, Inc. (NYSE:MOV) by 11.3% during the second quarter, HoldingsChannel reports. The firm owned 70,411 shares of the companys stock after selling 8,998 shares during the period. Nuveen Asset Management LLCs holdings in Movado Group were worth $2,215,000 at the end of the most recent reporting []

Movado Group, Inc. (MOV) CEO Efraim Grinberg on Q3 2022 Results - Earning Calls Transcript

(RTTNews) - Luxury watch maker Movado Group, Inc. (MOV) reported Tuesday that its third-quarter net income was $31.4 million or $1.33 per share, higher than last year''s $14.8 million or $0.63 per share. Adjusted net income was $32.1 million or $1.36 per share, compared to $16.4 million or $0.70 per share a year ago. Net sales increased 28.

PARAMUS, N.J.--(BUSINESS WIRE)--Movado Group, Inc. (NYSE: MOV) today announced third quarter and nine month results for the period ended October 31, 2021. Efraim Grinberg, Chairman and Chief Executive Officer, stated, We are very pleased to report record third quarter results that continued our positive momentum from the first half of the year, highlighted by sales growth of 28%, gross margin expansion of 330 basis points and a nearly 80% increase in operating income. I am proud of our teams