Strength Seen in PVH (PVH): Can Its 8.4% Jump Turn into More Strength?
From Nasdaq: 2025-05-15 03:56:00
PVH Corp (PVH) shares rose 8.4% to $87.28 on high volume, with a 17.5% increase in the past four weeks. Jefferies upgraded the stock to Buy, citing sales growth potential despite challenges in China. PVH is focusing on cost efficiency and long-term growth through its PVH+ Plan, emphasizing digital expansion and consumer engagement.
Earnings for PVH Corp are expected at $2.24 per share, down 8.6% year-over-year, with revenues of $1.93 billion, a 1.1% decrease. Stock price movements are closely tied to earnings estimate revisions, which have increased by 1.6% for PVH, signaling potential price appreciation. PVH currently holds a Zacks Rank #3.
Guess (GES) in the same industry closed 0.3% lower at $12.11, with a consensus EPS estimate of -$0.51, down 88.9% from last year. GES has a Zacks Rank of #4 (Sell). For potential stock picks set to double in 2024, check out Zacks Investment Research’s recommendations for high-growth opportunities under the radar of Wall Street analysts.
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