Can PVH Stock Rebound After Falling 15% In A Month?
Share this @internewscast.com


[Note: PVH

PVH
FY’22 ended on Jan 2022 ]

PVH Corp’s stock (NYSE: PVH), formerly known as Phillips-Van Heusen Corporation, owns brands such as Van Heusen, Tommy Hilfiger, and Calvin Klein. The company’s stock has declined by almost 15% over the last twenty-one trading days (one month) and currently stands at around $64. In comparison, the broader S&P500 index declined almost 7% over the same period. The rising inflationary pressures and the ongoing Russia and Ukraine conflict (2% of total revenues is impacted) are the major headwinds for the company at present. The company was negatively affected by the Covid pandemic, as shown by its current revenue level of $9.2 billion in fiscal 2022 (year ended Jan’22), still down compared to the pre-pandemic level of $9.9 billion. However, it made a significant growth of 28% year-over-year (y-o-y) in FY’22. The company has also improved its current operating margin to 10.6%, an improvement over -1% in fiscal 2021 and 8.2% in fiscal 2020. In fact, the cost savings initiatives implemented at PVH and the divestitures of Heritage Brands Retail segment aided the company in generating an outstanding growth in its EPS, which came at $13.45 in FY 2022, up from -$15.96 recorded in fiscal 2021 and $5.62 recorded in fiscal 2020 (year ended Jan’20).

PVH’s management provided a positive outlook for its fiscal year 2023 and a roadmap for a $12 billion total revenue in the fiscal year 2025. Compared to its current levels, this represents a substantial upward swing in its revenue growth.

Now, is PVH stock poised to decline in the short term or are gains looking more likely? Based on our machine learning analysis of trends in the stock price over the last ten years, there is a 57% chance of a rise in PVH stock over the next month (twenty-one trading days). See our analysis of PVH’s Stock Chance Of Rise for more details.

Calculation of ’Event Probability’ and ’Chance of rising’ using last ten years’ data

[1] Returns of -4.2% or lower over a five-day period on 439 occasions out of 2516 (17%); Stock rose in the next five days in 227 of these 439 instances (52%)

[2] Returns of -4.2% or lower over a ten-day period on 598 occasions out of 2516 (24%); Stock rose in the next ten days in 311 of these 598 instances (52%)

[3] Returns of -15% or lower over a twenty-one-day period on 168 occasions out of 2516 (7%); Stock rose in the next twenty-one days in 95 of these 168 instances (57%)

It is helpful to see how its peers stack up. PVH Peers shows how PVH stock compares against peers on metrics that matter. You will find other useful comparisons for companies across industries at Peer Comparisons.

With stock prices falling precipitously across sectors, we seem to be heading toward a bear market for the first time since March 2020 when the Covid-19 outbreak triggered a market crash. We capture key trends in the Dow during and after major market crashes in our interactive dashboard analysis, ‘Market Crashes Compared’.

What if you’re looking for a more balanced portfolio instead? Our high-quality portfolio and multi-strategy portfolio have beaten the market consistently since the end of 2016.

Invest with Trefis Market Beating Portfolios

See all Trefis Price Estimates

Share this @internewscast.com
You May Also Like

Baymax! Is A Charming, Limited, But Still Enjoyable Set of Vignettes

2014’s Big Hero 6 was a number of things. It was the…

Lending network enables transparent credit history in Africa via blockchain partnership

African mobile banking platform Aella has partnered with Creditcoin Network to make…

Retain Employees During The Great Resignation With These Tips

Opinions expressed by Entrepreneur contributors are their own. The Great Resignation came…

Chase Coleman’s Tiger Global Continues To Carve Up Starry Group Stake

Summary The firm’s position was reduced by a combined 6.53%. The internet…

Teladoc Health And 2 Other Stocks With “Triple Top Breakouts”

Price charts of stocks. getty It’s a point and figure price chart…

Celsius denies allegations on Alex Mashinsky trying to flee US

Troubled crypto lending firm Celsius is putting their best foot forward to…

Here Are The Biggest Bombshells Of Tuesday’s Jan. 6 Hearing—From Trump Attacking Security To Throwing A Plate At A Wall

Topline The January 6 committee hearings that have captivated Washington for the…

FedEx’s New Boss Faces Strategic Choice as Package Volumes Fall

This copy is for your personal, non-commercial use only. Distribution and use…