$0.45 EPS Expected for Movado Group, Inc. (MOV)

August 13, 2018 - By Jenna Rose

Investors sentiment decreased to 1.09 in 2018 Q1. Its down 0.17, from 1.26 in 2017Q4. It turned negative, as 8 investors sold Movado Group, Inc. shares while 58 reduced holdings. 30 funds opened positions while 42 raised stakes. 14.41 million shares or 1.58% less from 14.64 million shares in 2017Q4 were reported.
Moreover, Horizon Kinetics Ltd Limited Liability Company has 0.05% invested in Movado Group, Inc. (NYSE:MOV) for 42,562 shares. Invesco accumulated 42,804 shares. Citadel Limited Liability Corporation accumulated 0% or 111,748 shares. Cacti Asset Mgmt Ltd invested in 0.1% or 34,775 shares. Mason Street Advisors Lc invested in 4,295 shares. Hancock owns 31,000 shares. Connor Clark & Lunn Ltd holds 0% or 5,275 shares in its portfolio. Advisory Services Ntwk Ltd Co reported 625 shares. Comerica Bancshares holds 16,180 shares or 0% of its portfolio. Brandywine Ltd Company has invested 0% in Movado Group, Inc. (NYSE:MOV). Metropolitan Life Ins Communication New York holds 0% or 5,763 shares in its portfolio. Ny State Teachers Retirement invested in 55,028 shares or 0.01% of the stock. Gabelli Funds Ltd Liability Corporation reported 0.02% in Movado Group, Inc. (NYSE:MOV). Panagora Asset Mngmt invested in 53,661 shares or 0.01% of the stock. Principal Financial Group Inc reported 119,516 shares.

Since February 13, 2018, it had 0 insider buys, and 21 selling transactions for $19.73 million activity. The insider COTE RICHARD sold $1.79M. 7,500 Movado Group, Inc. (NYSE:MOV) shares with value of $368,376 were sold by HOWARD ALAN H. The insider Morelli Francis Anthony sold 10,000 shares worth $376,085.

Analysts expect Movado Group, Inc. (NYSE:MOV) to report $0.45 EPS on September, 4.They anticipate $0.02 EPS change or 4.65 % from last quarter’s $0.43 EPS. MOV’s profit would be $10.39 million giving it 28.19 P/E if the $0.45 EPS is correct. After having $0.37 EPS previously, Movado Group, Inc.’s analysts see 21.62 % EPS growth. The stock decreased 0.59% or $0.3 during the last trading session, reaching $50.75. About 92,334 shares traded. Movado Group, Inc. (NYSE:MOV) has risen 83.97% since August 13, 2017 and is uptrending. It has outperformed by 71.40% the S&P500.

Movado Group, Inc. designs, develops, sources, markets, and distributes fine watches in the United States and internationally. The company has market cap of $1.17 billion. The firm operates in two divisions, Wholesale and Retail. It currently has negative earnings. The firm offers its watches under the Ebel, Concord, Movado, ESQ Movado, Coach, HUGO BOSS, Juicy Couture, Lacoste, Tommy Hilfiger, and SCUDERIA FERRARI brands.

Movado Group, Inc. (NYSE:MOV) Institutional Positions Chart

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