Can PVH Stock Rebound After Falling 15% In A Month?

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[Note: PVH
PVH
FY’22 ended on Jan 2022 ]

PVH Corp stock (NYSE: PVH), formerly known as Philips-Van Heusen Corporation, owns brands such as Van Heusen, Tommy Hilfiger, and Calvin Klein. The company’s stock is down about 15% in the past twenty one trading days (one month) and is currently at around $64. In comparison, the broader S&P500 index fell nearly 7% over the same period. Rising inflationary pressures and the ongoing Russia and Ukraine conflict (affecting 2% of total revenue) are currently major headwinds for the company. The company was negatively impacted by the COVID pandemic, as shown by the current revenue level of $9.2 billion in FY 2022 (year ended Jan’22), still compared to the pre-pandemic level of $9.9 billion is less. However, it registered a significant year-on-year (YoY) growth of 28% in FY’22. The company has also improved its existing operating margin to 10.6%, over -1% in FY21 and 8.2% in FY20. In fact, the cost saving initiatives implemented in PVH and the divestment of the Heritage Brands retail segment have helped the company. In generating an outstanding growth in its EPS, which came in at $13.45 in FY2022,- recorded $15.96 in FY21 and $5.62 in FY2020 (year ended Jan ’20).

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PVH’s management provided a positive outlook for its fiscal year 2023 and a roadmap for total revenue of $12 billion in fiscal year 2025. Compared to its current levels, this represents a substantial increase in its revenue growth.

Now, is PVH stock headed for a downside in the short term or is the upside potential? Based on our machine learning analysis of stock price trends over the past ten years, PVH stock has a 57% chance of growth in the next month (twenty one trading days). View our analysis PVH stock likely to rise for more information.

Calculation of ‘probability of occurrence’ and ‘probability of increase’ using data from last ten years

[1] a return of -4.2% or a . fewer five day period On 439 occasions out of 2516 (17%), Out of these 439 cases, 227 stocks rose in the next five days. (52%)

[2] a return of -4.2% or a . fewer ten day period On 598 occasions out of 2516 (24%), Out of these 598 cases, 311 stocks increased in the next ten days. (52%)

[3] -15% or a . return of less than twenty one day period On 168 occasions out of 2516 (7%), Out of these 168 cases, 95 stocks increased in the next twenty one days. (57%)

It’s helpful to see how its mates stack up. PVH Companions Shows how PVH stock compares against peers on metrics that matter. You’ll find other useful comparisons for companies across industries here. peer comparison,

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