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Movado Group, Inc is currently in a long term uptrend where the price is trading 32.2% above its 200 day moving average.
From a valuation standpoint, the stock is 97.9% cheaper than other stocks from the Consumer Cyclical sector with a price to sales ratio of 1.3.
Movado Group, Inc's total revenue sank by 6.6% to $178M since the same quarter in the previous year.
Its net income has increased by 763.7% to $30M since the same quarter in the previous year.
Finally, its free cash flow grew by 0.9% to $75M since the same quarter in the previous year.
Based on the above factors, Movado Group, Inc gets an overall score of 4/5.
ISIN | US6245801062 |
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CurrencyCode | EUR |
Exchange | F |
Industry | Luxury Goods |
Sector | Consumer Cyclical |
Market Cap | 520M |
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Beta | 1.21 |
Dividend Yield | 5.3% |
Target Price | 35 |
PE Ratio | 6.13 |
Movado Group, Inc. designs, sources, markets, and distributes watches worldwide. The company operates in two segments, Watch and Accessory Brands, and Company Stores. It offers its watches under the Movado, Concord, Ebel, Olivia Burton, and MVMT brands, as well as licensed brands, such as Coach, Tommy Hilfiger, HUGO BOSS, Lacoste, and Calvin Klein. The company also provides after-sales and shipping services. Its customers include jewelry store chains, department stores, independent regional jewelers, network of independent distributors, online marketplaces, licensors' retail stores, and third-party e-commerce retailers. The company also sells directly to consumers through its e-commerce platforms. Movado Group, Inc. was formerly known as North American Watch Corporation and changed its name to Movado Group, Inc. in 1996. The company was founded in 1961 and is based in Paramus, New Jersey.
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