Movado Group (NYSE:MOV) Releases FY 2025 Earnings Guidance

Movado Group (NYSE:MOVGet Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 0.900-0.900 for the period, compared to the consensus EPS estimate of 0.910. The company issued revenue guidance of $665.0 million-$665.0 million, compared to the consensus revenue estimate of $663.3 million.

Movado Group Stock Down 1.1 %

Movado Group stock traded down $0.23 during midday trading on Thursday, reaching $20.63. 78,639 shares of the stock traded hands, compared to its average volume of 200,286. The stock has a market cap of $458.44 million, a P/E ratio of 13.21 and a beta of 1.04. The stock’s fifty day moving average is $19.32 and its 200-day moving average is $22.42. Movado Group has a 12 month low of $17.86 and a 12 month high of $31.44.

Movado Group (NYSE:MOVGet Free Report) last posted its earnings results on Thursday, September 5th. The company reported $0.16 EPS for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.03). The firm had revenue of $159.31 million for the quarter. Movado Group had a net margin of 5.45% and a return on equity of 7.23%. During the same period in the prior year, the company earned $0.38 EPS. On average, equities analysts predict that Movado Group will post 0.95 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut shares of Movado Group from a “buy” rating to a “hold” rating in a research note on Friday, September 6th.

Check Out Our Latest Stock Report on MOV

About Movado Group

(Get Free Report)

Movado Group, Inc designs, sources, markets, and distributes watches in the United States and internationally. The company operates in two segments, Watch and Accessory Brands, and Company Stores. The company offers its watches under the Movado, Concord, Ebel, Olivia Burton, and MVMT brands, as well as licensed brands comprising Coach, Tommy Hilfiger, HUGO BOSS, Lacoste, and Calvin Klein.

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