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PVH Corp. PVH saw a big move last session, as the company's shares fell by nearly 6% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading below the volatile price range of $117.58 to $126.43 in the past one-month time frame.
Although this slump was obviously disappointing, the company has seen 1 positive revision and its current year earnings consensus has moved higher over the past few weeks. This suggests that the recent slump might be a temporary blip on the radar for PVH. So make sure to keep an eye on this stock going forward to see if yesterday's price decline is confirmed by more weakness, or if it can rebound in the weeks ahead.
PVH currently has a Zacks Rank #3 (Hold) while its Earnings ESP is zero.
Some better-ranked stocks in the consumer goods sector include Columbia Sportswear Company COLM, G-III Apparel Group, Ltd. GIII and Joe's Jeans Inc. JOEZ. All these stocks carry a Zacks Rank #2 (Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
Although this slump was obviously disappointing, the company has seen 1 positive revision and its current year earnings consensus has moved higher over the past few weeks. This suggests that the recent slump might be a temporary blip on the radar for PVH. So make sure to keep an eye on this stock going forward to see if yesterday's price decline is confirmed by more weakness, or if it can rebound in the weeks ahead.
PVH currently has a Zacks Rank #3 (Hold) while its Earnings ESP is zero.
Some better-ranked stocks in the consumer goods sector include Columbia Sportswear Company COLM, G-III Apparel Group, Ltd. GIII and Joe's Jeans Inc. JOEZ. All these stocks carry a Zacks Rank #2 (Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
G-III APPAREL GIII: Free Stock Analysis Report
JOES JEANS INC JOEZ: Free Stock Analysis Report
PVH CORP PVH: Free Stock Analysis Report
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