Alert: Positive Investment/Fundamental Signals (12/15/23)-PVH Corp (NYSE: PVH)


PVH Corp (NYSE: PVH) has recently enjoyed extremely important positive changes in investment behavior: the stock rose on very heavy volume, and positive upside/downside volume developed.

Significant positive changes in fundamentals have recently occurred for PVH Corp (NYSE: PVH): significant quarterly earnings acceleration occurred, and the consensus estimate for January, 2024 increased significantly.

In light of these very positive signals we are reviewing our current Overall Rating of B. We would continue to view the shares with optimism pending completion of this review in the next several days.


Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, PVH is expected to continue to be an important Value Builder.

PVH has a current Value Trend Rating of B (Positive). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. PVH has a slightly positive Power Rating of 70 and a good Appreciation Score of 73, leading to the Positive Value Trend Rating.

Recent Price Action

PVH Corp (NYSE: PVH) stock closed at $118.50 on 12/15/23 after an increase of 1.3%. Moreover, this advance was accompanied by exceptionally high trading volume at 218% of normal. The stock has been strong relative to the market over the last nine months and has risen 11.4% during the last week.

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