Is Movado Stock a Good Investment?
Movado Investment Advice | MOV |
- Examine Movado's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Movado's leadership team and their track record. Good management can help Movado navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Apparel, Accessories & Luxury Goods space and any emerging trends that could impact Movado's business and its evolving consumer preferences.
- Compare Movado's performance and market position to its competitors. Analyze how Movado is positioned in terms of product offerings, innovation, and market share.
- Check if Movado pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Movado's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Movado Group stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Movado Group is a good investment.
Sell | Buy |
Cautious Hold
Market Performance | Very Weak | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Movado Stock
Researching Movado's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 95.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 0.89. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Movado Group has Price/Earnings To Growth (PEG) ratio of 1.16. The entity last dividend was issued on the 16th of September 2024. The firm had 2:1 split on the 28th of June 2004.
To determine if Movado is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Movado's research are outlined below:
| Movado Group generated a negative expected return over the last 90 days | |
| Over 95.0% of the company shares are owned by institutional investors | |
| Latest headline from gurufocus.com: Movado Group, Inc. Announces Date of Conference Call and Webcast for Third Quarter Fiscal Year ... |
Movado Quarterly Gross Profit |
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Movado uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Movado Group. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Movado's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 28th of March 2024 Upcoming Quarterly Report | View | |
| 23rd of May 2024 Next Financial Report | View | |
| 31st of January 2024 Next Fiscal Quarter End | View | |
| 28th of March 2024 Next Fiscal Year End | View | |
| 31st of October 2023 Last Quarter Report | View | |
| 31st of January 2023 Last Financial Announcement | View |
Earnings surprises can significantly impact Movado's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Movado's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2000-05-31 | 2000-04-30 | -0.01 | -0.0071 | 0.0029 | 29 | ||
2008-05-29 | 2008-04-30 | 0.04 | 0.05 | 0.01 | 25 | ||
1999-06-04 | 1999-04-30 | 0.02 | 0.03 | 0.01 | 50 | ||
1997-09-04 | 1997-07-31 | 0.09 | 0.1 | 0.01 | 11 | ||
1997-05-28 | 1997-04-30 | -0.02 | -0.01 | 0.01 | 50 | ||
1996-06-05 | 1996-04-30 | -0.03 | -0.02 | 0.01 | 33 | ||
2003-05-29 | 2003-04-30 | 0.02 | 0.04 | 0.02 | 100 | ||
2002-03-14 | 2002-01-31 | 0.17 | 0.19 | 0.02 | 11 |
Know Movado's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Movado is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Movado Group backward and forwards among themselves. Movado's institutional investor refers to the entity that pools money to purchase Movado's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Amvescap Plc. | 2024-06-30 | 347.7 K | Bank Of New York Mellon Corp | 2024-06-30 | 263.2 K | Northern Trust Corp | 2024-09-30 | 229.6 K | Gamco Investors, Inc. Et Al | 2024-09-30 | 226.9 K | Renaissance Technologies Corp | 2024-09-30 | 221.4 K | Charles Schwab Investment Management Inc | 2024-09-30 | 196.7 K | Denali Advisors Llc | 2024-06-30 | 193.8 K | Lsv Asset Management | 2024-09-30 | 167 K | D. E. Shaw & Co Lp | 2024-09-30 | 164.2 K | Blackrock Inc | 2024-06-30 | 2.5 M | Royce & Associates, Lp | 2024-09-30 | 1.5 M |
Movado's market capitalization trends
The company currently falls under 'Small-Cap' category with a total capitalization of 438.88 M.Market Cap |
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Movado's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.06 | 0.05 | |
| Return On Capital Employed | 0.08 | 0.14 | |
| Return On Assets | 0.06 | 0.05 | |
| Return On Equity | 0.09 | 0.08 |
Determining Movado's profitability involves analyzing its financial statements and using various financial metrics to determine if Movado is a good buy. For example, gross profit margin measures Movado's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Movado's profitability and make more informed investment decisions.
Movado's Earnings Breakdown by Geography
Please note, the imprecision that can be found in Movado's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Movado Group. Check Movado's Beneish M Score to see the likelihood of Movado's management manipulating its earnings.
Evaluate Movado's management efficiency
Movado Group has Return on Asset of 0.0336 % which means that on every $100 spent on assets, it made $0.0336 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0732 %, implying that it generated $0.0732 on every 100 dollars invested. Movado's management efficiency ratios could be used to measure how well Movado manages its routine affairs as well as how well it operates its assets and liabilities. Return On Capital Employed is likely to climb to 0.14 in 2024, whereas Return On Tangible Assets are likely to drop 0.05 in 2024. At this time, Movado's Other Current Assets are fairly stable compared to the past year. Intangible Assets is likely to climb to about 9.9 M in 2024, whereas Non Current Assets Total are likely to drop slightly above 116.9 M in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 23.35 | 24.52 | |
| Tangible Book Value Per Share | 23.02 | 24.17 | |
| Enterprise Value Over EBITDA | 6.30 | 8.98 | |
| Price Book Value Ratio | 1.19 | 1.06 | |
| Enterprise Value Multiple | 6.30 | 8.98 | |
| Price Fair Value | 1.19 | 1.06 | |
| Enterprise Value | 536.3 M | 292.8 M |
The management team at Movado has a track record of steering the company towards sustained growth. Evaluating their strategies helps in understanding the stock's long-term potential.
Dividend Yield 0.0709 | Forward Dividend Yield 0.0709 | Forward Dividend Rate 1.4 | Beta 1.01 |
Basic technical analysis of Movado Stock
As of the 28th of November, Movado secures the Mean Deviation of 1.78, risk adjusted performance of (0.07), and Standard Deviation of 2.64. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Movado Group, as well as the relationship between them. Please verify Movado Group market risk adjusted performance and treynor ratio to decide if Movado Group is priced some-what accurately, providing market reflects its recent price of 20.37 per share. Given that Movado Group has information ratio of (0.15), we recommend you to check Movado's last-minute market performance to make sure the company can sustain itself at a future point.Movado's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Movado insiders, such as employees or executives, is commonly permitted as long as it does not rely on Movado's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Movado insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Movado's Outstanding Corporate Bonds
Movado issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Movado Group uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Movado bonds can be classified according to their maturity, which is the date when Movado Group has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View |
Understand Movado's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Movado's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.07) | |||
| Market Risk Adjusted Performance | (0.20) | |||
| Mean Deviation | 1.78 | |||
| Coefficient Of Variation | (973.82) | |||
| Standard Deviation | 2.64 | |||
| Variance | 6.98 | |||
| Information Ratio | (0.15) | |||
| Jensen Alpha | (0.44) | |||
| Total Risk Alpha | (0.70) | |||
| Treynor Ratio | (0.21) | |||
| Maximum Drawdown | 15.0 | |||
| Value At Risk | (3.21) | |||
| Potential Upside | 4.03 | |||
| Skewness | (2.28) | |||
| Kurtosis | 12.59 |
| Risk Adjusted Performance | (0.07) | |||
| Market Risk Adjusted Performance | (0.20) | |||
| Mean Deviation | 1.78 | |||
| Coefficient Of Variation | (973.82) | |||
| Standard Deviation | 2.64 | |||
| Variance | 6.98 | |||
| Information Ratio | (0.15) | |||
| Jensen Alpha | (0.44) | |||
| Total Risk Alpha | (0.70) | |||
| Treynor Ratio | (0.21) | |||
| Maximum Drawdown | 15.0 | |||
| Value At Risk | (3.21) | |||
| Potential Upside | 4.03 | |||
| Skewness | (2.28) | |||
| Kurtosis | 12.59 |
Consider Movado's intraday indicators
Movado intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Movado stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Movado Corporate Filings
8K | 15th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
13A | 12th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
F4 | 1st of October 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
| 31st of May 2024 Other Reports | ViewVerify |
Movado Stock media impact
Far too much social signal, news, headlines, and media speculation about Movado that are available to investors today. That information is available publicly through Movado media outlets and privately through word of mouth or via Movado internal channels. However, regardless of the origin, that massive amount of Movado data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Movado news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Movado relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Movado's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Movado alpha.
Movado Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Movado can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Movado Group Historical Investor Sentiment
Investor biases related to Movado's public news can be used to forecast risks associated with an investment in Movado. The trend in average sentiment can be used to explain how an investor holding Movado can time the market purely based on public headlines and social activities around Movado Group. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Movado's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Movado and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Movado news discussions. The higher the estimate score, the more favorable the investor's outlook on Movado.
Movado Corporate Directors
| Richard Isserman | Independent Director | Profile | |
| Stephen Sadove | Independent Director | Profile | |
| Peter Bridgman | Independent Director | Profile | |
| Alan Howard | Lead Independent Director | Profile |
Additional Tools for Movado Stock Analysis
When running Movado's price analysis, check to measure Movado's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Movado is operating at the current time. Most of Movado's value examination focuses on studying past and present price action to predict the probability of Movado's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Movado's price. Additionally, you may evaluate how the addition of Movado to your portfolios can decrease your overall portfolio volatility.