Movado GroupMOV
MOV
About: Movado Group Inc designs, develops, sources, markets, and distributes fine watches in the United States and internationally. It operates through the Watch and Accessory Brands and Company Stores segment. The Watch and Accessory Brands segment includes the designing, manufacturing, and distribution of watches and, to a lesser extent, jewelry and other accessories of quality owned brands and licensed brands. Its Company Stores segment includes the company's retail outlet locations in the United States and Canada. It generates maximum revenue from the Watch and Accessory Brands segment. Geographically, it derives the majority of its revenue from its international locations.
Employees: 1,476
0
Funds holding %
of 7,372 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
170% more call options, than puts
Call options by funds: $1.08M | Put options by funds: $400K
8% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 48
3% more capital invested
Capital invested by funds: $265M [Q3] → $273M (+$8.53M) [Q4]
1.73% less ownership
Funds ownership: 90.34% [Q3] → 88.61% (-1.73%) [Q4]
7% less funds holding
Funds holding: 157 [Q3] → 146 (-11) [Q4]
32% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 34
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$32
81%
upside
Avg. target
$32
81%
upside
High target
$32
81%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
BWS Financial Hamed Khorsand 51% 1-year accuracy 92 / 182 met price target | 81%upside $32 | Buy Initiated | 2 Jan 2025 |
Financial journalist opinion
Neutral
PRNewsWire
2 weeks ago
Jessica Alba partners with Elle Magazine and Movado for the 2nd Annual Culture Makers Event
LOS ANGELES , Feb. 25, 2025 /PRNewswire/ -- Jessica Alba hosted the second annual Culture Makers event at her home in partnership with Movado (NYSE: MOV) and Elle Magazine. The co-hosts for the evening along with Alba included Nina Garcia, Editor-in-Chief, ELLE Magazine and Tracy Brennan, Senior Executive at CAA.
Neutral
PRNewsWire
1 month ago
Movado Partners With Derrick Adams to Unveil New Artist Series Collection
Exclusive collaboration highlights Adams' vision of the black experience through contemporary cubism and Movado's iconic Museum Dial with limited edition watches, clocks and collectors set PARAMUS, N.J. , Jan. 17, 2025 /PRNewswire/ -- Movado Group, Inc. (NYSE: MOV) is proud to announce its new Artist Series collaboration with Derrick Adams, a multidisciplinary artist, and one of the leading black artists of the 21st century.
Neutral
Business Wire
2 months ago
Movado Group, Inc. Announces Participation in the ICR Conference 2025
PARAMUS, N.J.--(BUSINESS WIRE)--Movado Group, Inc. (NYSE: MOV) today announced that the Company will participate in a fireside chat presentation and host investor meetings at ICR Conference 2025 being held January 13th through January 15th, 2025 at the Grande Lakes Orlando in Orlando, Florida. The fireside chat presentation will be held on Tuesday, January 14th, 2025 at 2:00pm Eastern Time. Efraim Grinberg, Chairman and Chief Executive Officer, will host the fireside chat presentation. Sallie D.
Neutral
Seeking Alpha
3 months ago
Movado Group, Inc. (MOV) Q3 2025 Earnings Call Transcript
Movado Group, Inc. (NYSE:MOV ) Q3 2025 Earnings Call Transcript December 5, 2024 9:00 AM ET Company Participants Allison Malkin - ICR Efraim Grinberg - Chairman and CEO Sallie DeMarsilis - EVP, COO and CFO Conference Call Participants Michael Legg - The Benchmark Company Operator Good day, everybody, and welcome to the Movado Group, Incorporated Third Quarter Fiscal Year 2025 Earnings Conference Call. As a reminder, today's call is being recorded and may not be reproduced in full or in part without permission from the company.
Neutral
Business Wire
3 months ago
Movado Group, Inc. Announces Third Quarter Results
PARAMUS, N.J.--(BUSINESS WIRE)--Movado Group, Inc. (NYSE: MOV) today announced third quarter and nine-month results for the periods ended October 31, 2024. Efraim Grinberg, Chairman and Chief Executive Officer, stated, “We continued to advance our strategy in the third quarter, unveiling a captivating Movado brand-building marketing campaign in September, launching iconic product families across our brand portfolio, and delivering solid growth in our digital channel, all while maintaining a str.
Neutral
Business Wire
3 months ago
Movado Group, Inc. Announces Date of Conference Call and Webcast for Third Quarter Fiscal Year 2025 Results
PARAMUS, N.J.--(BUSINESS WIRE)--Movado Group, Inc. (NYSE: MOV) invites investors to listen to a broadcast of the Company's conference call to discuss third quarter fiscal year 2025 earnings results on Thursday, December 5, 2024 at 9:00 a.m. Eastern Time. A press release detailing the Company's third quarter fiscal year 2025 results will be issued before the market opens and prior to the call. The conference call will be hosted by Efraim Grinberg, Chairman and Chief Executive Officer, and Sallie.
Neutral
Business Wire
4 months ago
Movado Group Publishes 2024 Corporate Responsibility Report
PARAMUS, N.J.--(BUSINESS WIRE)--Movado Group, Inc. (NYSE: MOV) has published its 2024 Corporate Responsibility report. The report details the continued evolution of Movado Group's Corporate Responsibility program for the fiscal year ending January 31, 2024, and the progress the Company has made in its plan to “Make Time”, announced in 2022. The “Make Time” plan initially outlined the Company's goal to strengthen employee engagement, assess environmental impacts and opportunities, nurture future.
Neutral
PRNewsWire
5 months ago
Amentum Set to Join S&P 500; Bath & Body Works to Join S&P SmallCap 600
NEW YORK, Sept. 24, 2024 /PRNewswire/ -- Amentum Holdings Inc. (NYSE: AMTM) will be added to the S&P 500 effective prior to the open of trading on Monday, September 30, replacing Bath & Body Works, Inc. (NYSE: BBWI), which will be moved to the S&P SmallCap 600 effective prior to the open of trading on Tuesday, October 1. Bath & Body Works will replace Movado Group, Inc. (NYSE: MOV) in the S&P SmallCap 600 also effective prior to the open of trading on October 1. S&P 500 constituent Jacob's Solutions Inc. (NYSE: J) is spinning off its Critical Mission Solutions and Cyber Intelligence business, which will merge with private Amentum to create newly publicly traded Amentum Holdings in a transaction expected to be completed on September 30. Bath & Body Works is no longer representative of the large-cap market space and Movado is no longer representative of the small-cap market space.
Negative
Seeking Alpha
6 months ago
Movado Q2: Higher Marketing Spend Shows Little Returns So Far
Watch designer and seller Movado's Q2 results came in mixed compared to expectations, but the lowered FY2025 outlook underlines poor returns from the increased marketing spend so far. Movado's "When I Move You Move" brand ambassador campaign needs to pay off, and while brand Google searches show stabilization, the brand is still far from good growth. The MOV stock remains unattractive in a base scenario, where the brand's sales remain stagnant and Movado keeps too high cash on its balance sheet.
Negative
The Motley Fool
6 months ago
Why Movado Stock Got Thrashed on Thursday
The fashion conglomerate failed to meet its own expectations for second-quarter performance. It posted decreases on both the top and bottom lines.
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