Movado Group Stock Today

MOV Stock  USD 20.37  0.62  3.14%   

Performance

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Odds Of Distress

Less than 9

 
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Movado is selling for under 20.37 as of the 28th of November 2024; that is 3.14 percent increase since the beginning of the trading day. The stock's lowest day price was 19.75. Movado has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Movado Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain
Consumer Durables & Apparel
IPO Date
30th of September 1993
Category
Consumer Cyclical
Classification
Consumer Discretionary
Movado Group, Inc. designs, sources, markets, and distributes watches worldwide. Movado Group, Inc. was founded in 1961 and is based in Paramus, New Jersey. Movado operates under Luxury Goods classification in the United States and is traded on New York Stock Exchange. The company has 15.76 M outstanding shares of which 749.6 K shares are now shorted by investors with about 3.92 days to cover. More on Movado Group

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Movado Stock Highlights

ESG Sustainability
Environmental
Governance
Social
ChairmanEfraim Grinberg
Thematic IdeaConsumer Goods (View all Themes)
Old NameMove About Group AB
Business ConcentrationApparel, Accessories & Luxury Goods, Consumer Durables & Apparel, Consumer Discretionary, NYSE Composite, WSE WIG INDEX, Consumer Goods, Consumer Discretionary, Textiles, Apparel & Luxury Goods, Luxury Goods, Consumer Cyclical (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.010.8746
Fairly Up
Pretty Stable
Gross Profit Margin0.620.5507
Moderately Up
Slightly volatile
Total Current Liabilities91 M113.1 M
Significantly Down
Slightly volatile
Non Current Liabilities Total80.3 M137.1 M
Way Down
Slightly volatile
Total Assets530.4 M769.1 M
Way Down
Slightly volatile
Total Current Assets413.4 M543.9 M
Way Down
Slightly volatile
Total Cash From Operating Activities44.7 M76.8 M
Way Down
Slightly volatile
Debt Levels
Movado can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Movado's financial leverage. It provides some insight into what part of Movado's total assets is financed by creditors.
Liquidity
Movado Group has 92.09 M in debt with debt to equity (D/E) ratio of 0.17, which may show that the company is not taking advantage of profits from borrowing. Movado Group has a current ratio of 3.33, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Movado to invest in growth at high rates of return.

Total Cash From Operating Activities

44.67 Million
Movado Group (MOV) is traded on New York Stock Exchange in USA. It is located in 650 From Road, Paramus, NJ, United States, 07652-3556 and employs 1,089 people. Movado is listed under Apparel, Accessories & Luxury Goods category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 438.88 M. Movado Group runs under Textiles, Apparel & Luxury Goods sector within Consumer Discretionary industry. The entity has 15.76 M outstanding shares of which 749.6 K shares are now shorted by investors with about 3.92 days to cover. Movado Group has about 251.58 M in cash with 76.78 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.19.
Check Movado Probability Of Bankruptcy
Ownership Allocation
Movado Group maintains a total of 15.76 Million outstanding shares. The majority of Movado outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Movado Group to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Movado Group. Please pay attention to any change in the institutional holdings of Movado as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Movado Ownership Details

Movado Stock Institutional Holders

InstituionRecorded OnShares
Amvescap Plc.2024-06-30
347.7 K
Bank Of New York Mellon Corp2024-06-30
263.2 K
Northern Trust Corp2024-09-30
229.6 K
Gamco Investors, Inc. Et Al2024-09-30
226.9 K
Renaissance Technologies Corp2024-09-30
221.4 K
Charles Schwab Investment Management Inc2024-09-30
196.7 K
Denali Advisors Llc2024-06-30
193.8 K
Lsv Asset Management2024-09-30
167 K
D. E. Shaw & Co Lp2024-09-30
164.2 K
Blackrock Inc2024-06-30
2.5 M
Royce & Associates, Lp2024-09-30
1.5 M
View Movado Diagnostics

Movado Historical Income Statement

At this time, Movado's Depreciation And Amortization is fairly stable compared to the past year. Total Other Income Expense Net is likely to climb to about 5.8 M in 2024, whereas Total Revenue is likely to drop slightly above 481 M in 2024. View More Fundamentals

Movado Stock Against Markets

Movado Corporate Directors

Richard IssermanIndependent DirectorProfile
Stephen SadoveIndependent DirectorProfile
Peter BridgmanIndependent DirectorProfile
Alan HowardLead Independent DirectorProfile

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.