movado group inc. - MOV

MOV

Close Chg Chg %
19.58 0.22 1.12%

Closed Market

19.80

+0.22 (1.12%)

Volume: 208.39K

Last Updated:

Dec 20, 2024, 3:59 PM EDT

Company Overview: movado group inc. - MOV

MOV Key Data

Open

$19.44

Day Range

19.44 - 20.16

52 Week Range

17.92 - 31.17

Market Cap

$433.34M

Shares Outstanding

22.14M

Public Float

15.05M

Beta

1.06

Rev. Per Employee

N/A

P/E Ratio

18.63

EPS

$1.07

Yield

715.38%

Dividend

$0.35

EX-DIVIDEND DATE

Dec 16, 2024

SHORT INTEREST

N/A

AVERAGE VOLUME

184.84K

 

MOV Performance

1 Week
 
-5.17%
 
1 Month
 
1.07%
 
3 Months
 
-0.25%
 
1 Year
 
-35.03%
 
5 Years
 
-8.37%
 

MOV Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 1
Full Ratings ➔

About movado group inc. - MOV

Movado Group, Inc. engages in the design, manufacture, and distribution of watches. It operates through the Watch and Accessory Brands, and Company Stores segments. The Watch and Accessory Brands segment includes the distribution of watches and, to a lesser extent, jewelry and other accessories, of owned and licensed brands, in addition to revenue generated from after-sales service activities and shipping. The Company Stores segment is composed of the company's physical retail outlet locations. The company was founded by Gedalio Grinberg in 1967 and is headquartered in Paramus, NJ.

MOV At a Glance

Movado Group, Inc.
650 From Road
Paramus, New Jersey 07652-3556
Phone 1-201-267-8000 Revenue 672.60M
Industry Other Consumer Specialties Net Income 46.71M
Sector Consumer Durables Employees 1,548
Fiscal Year-end 01 / 2025
View SEC Filings

MOV Valuation

P/E Current 18.631
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 13.368
Price to Sales Ratio 0.928
Price to Book Ratio 1.183
Price to Cash Flow Ratio 8.133
Enterprise Value to EBITDA 7.09
Enterprise Value to Sales 0.678
Total Debt to Enterprise Value 0.202

MOV Efficiency

Revenue/Employee 434,496.77
Income Per Employee 30,175.065
Receivables Turnover 5.807
Total Asset Turnover 0.864

MOV Liquidity

Current Ratio 4.81
Quick Ratio 3.501
Cash Ratio 2.321

MOV Profitability

Gross Margin 55.069
Operating Margin 8.133
Pretax Margin 8.951
Net Margin 6.945
Return on Assets 6.001
Return on Equity 9.12
Return on Total Capital 7.672
Return on Invested Capital 7.973

MOV Capital Structure

Total Debt to Total Equity 17.82
Total Debt to Total Capital 15.125
Total Debt to Total Assets 11.974
Long-Term Debt to Equity 14.783
Long-Term Debt to Total Capital 12.547
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Movado Group Inc. - MOV

Collapse All in section
All values USD millions. 2021 2022 2023 2024 5-year trend
Sales/Revenue
514.70M 732.39M 751.90M 672.60M
Sales Growth
-26.57% +42.30% +2.66% -10.55%
Cost of Goods Sold (COGS) incl D&A
236.76M 313.33M 318.00M 302.21M
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
14.11M 12.46M 10.81M 9.64M
Depreciation
10.27M 8.89M 7.57M 7.16M
Amortization of Intangibles
3.84M 3.58M 3.24M 2.48M
COGS Growth
-28.36% +32.34% +1.49% -4.97%
Gross Income
277.93M 419.06M 433.89M 370.39M
Gross Income Growth
-24.98% +50.78% +3.54% -14.64%
Gross Profit Margin
+54.00% +57.22% +57.71% +55.07%
2021 2022 2023 2024 5-year trend
SG&A Expense
243.21M 302.64M 314.61M 315.69M
Research & Development
- - - -
-
Other SG&A
243.21M 302.64M 314.61M 315.69M
SGA Growth
-25.74% +24.43% +3.95% +0.34%
Other Operating Expense
- - - -
-
Unusual Expense
- 176.85M (1.06M) (1.06M)
EBIT after Unusual Expense
(142.13M) 117.49M 120.35M 54.70M
Non Operating Income/Expense
1.70M 530.00K 2.07M 5.99M
Non-Operating Interest Income
- - - 45.00K
-
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
1.96M 688.00K 518.00K 497.00K
Interest Expense Growth
+110.65% -64.88% -24.71% -4.05%
Gross Interest Expense
1.96M 688.00K 518.00K 497.00K
Interest Capitalized
- - - -
-
Pretax Income
(142.38M) 117.33M 121.91M 60.20M
Pretax Income Growth
-347.61% +182.41% +3.90% -50.62%
Pretax Margin
-27.66% +16.02% +16.21% +8.95%
Income Tax
(31.19M) 24.77M 24.88M 12.66M
Income Tax - Current - Domestic
(22.36M) 10.43M 7.51M 403.00K
Income Tax - Current - Foreign
9.46M 14.55M 18.09M 11.94M
Income Tax - Deferred - Domestic
(17.46M) (145.00K) 250.00K 967.00K
Income Tax - Deferred - Foreign
(832.00K) (64.00K) (962.00K) (648.00K)
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
(111.19M) 92.56M 97.02M 47.54M
Minority Interest Expense
324.00K 960.00K 2.50M 830.00K
Net Income
(111.52M) 91.60M 94.53M 46.71M
Net Income Growth
-361.17% +182.14% +3.20% -50.59%
Net Margin Growth
-21.67% +12.51% +12.57% +6.94%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
(111.52M) 91.60M 94.53M 46.71M
Preferred Dividends
- - - -
-
Net Income Available to Common
(111.52M) 91.60M 94.53M 46.71M
EPS (Basic)
-4.7987 3.9499 4.2005 2.1021
EPS (Basic) Growth
-359.87% +182.31% +6.34% -49.96%
Basic Shares Outstanding
23.24M 23.19M 22.50M 22.22M
EPS (Diluted)
-4.7987 3.8684 4.118 2.0631
EPS (Diluted) Growth
-361.82% +180.61% +6.45% -49.90%
Diluted Shares Outstanding
23.24M 23.68M 22.95M 22.64M
EBITDA
48.83M 128.89M 130.10M 64.35M
EBITDA Growth
-17.75% +163.94% +0.94% -50.54%
EBITDA Margin
+9.49% +17.60% +17.30% +9.57%

Snapshot

Average Recommendation BUY Average Target Price 38.00
Number of Ratings 1 Current Quarters Estimate N/A
FY Report Date N/A Current Year's Estimate N/A
Last Quarter’s Earnings 0.37 Median PE on CY Estimate N/A
Year Ago Earnings 2.13 Next Fiscal Year Estimate N/A
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates N/A N/A N/A N/A
Mean Estimate N/A N/A N/A N/A
High Estimates N/A N/A N/A N/A
Low Estimate N/A N/A N/A N/A
Coefficient of Variance N/A N/A N/A N/A

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 1 1 1
OVERWEIGHT 0 0 0
HOLD 0 0 0
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Buy Buy Buy

Insider Actions for Movado Group Inc. - MOV

Date Name Shares Transaction Value
Jul 19, 2024 Michelle Kennedy SVP, Human Resources 12,202 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $26.05 per share 317,862.10
Jul 3, 2024 Efraim Grinberg Chairman - CEO; Director 37,546 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 3, 2024 Alexander Grinberg Director 2,544 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 3, 2024 Sallie A. DeMarsilis Chief Financial Officer 3,852 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 3, 2024 Mitchell C. Sussis Senior VP and General Counsel 1,142 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 3, 2024 Behzad Soltani EVP,Commercial President & CTO 1,504 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 3, 2024 Linda Feeney SVP, Principal Acct. Officer 278 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00

Movado Group Inc. in the News