PVH Corp (NYSE: PVH) stock closed at $108.68 on 4/2/24 after a major decline of -22.2%. Moreover, this decline was accompanied by exceptionally high trading volume at 735% of normal. The stock has declined -19.1% during the last week but has been exceptionally strong relative to the market over the last nine months.
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 A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing complementary signals. PVH has a slightly positive Appreciation Score of 66 and a very high Power Rating of 97, producing the Highest Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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