Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $115.44 on PVH Corp. (NYSE:PVH) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $6.54 for the next fiscal and $N/A for underway quarter.
Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of PVH Corp. (NYSE:PVH) stands at 13.02.
Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For PVH Corp. Common Stock, the PEG ratio for coming 3-5 years is 2.35.
The technical analysis highlights that PVH Corp. Common Stock current is trading $6.44 points away or +6.38% from its 50-day moving average of $100.98. Further it is trading $14.40 or +15.48% away its 200-day moving average of $93.02.
The 52-week high of PVH Corp. (NYSE:PVH) was $120.67 while lowest point recorded in 52-week was $64.16. It implies if stock price makes a movement of over $-13.25, it will record a new 52-week high. In the case of +67.43% drop, it will touch a new 52-week low.
1 Chart Pattern Every Investor Should Know