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Movado Group Inc
NYSE:MOV

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Movado Group Inc Logo
Movado Group Inc
NYSE:MOV
Watchlist
Price: 31.45 USD -0.1% Market Closed
Updated: Dec 1, 2022

Intrinsic Value

The intrinsic value of one MOV stock under the Base Case scenario is 49.55 USD. Compared to the current market price of 31.45 USD, Movado Group Inc is Undervalued by 37%.

The Intrinsic Value is calculated as the average of the two valuation methods:

MOV Intrinsic Value
Base Case
49.55 USD
Undervaluation 37%
Intrinsic Value
Price
Worst Case
Base Case
Best Case

Fundamental Analysis

MOV Profitability Score
Profitability Due Diligence

Movado Group Inc's profitability score is 57/100. The higher the profitability score, the more profitable the company is.

Low 3-Year Average ROE
Positive Net Income
Positive Operating Income
Positive 3-Year Average ROIC
57/100
Profitability
Score

Movado Group Inc's profitability score is 57/100. The higher the profitability score, the more profitable the company is.

MOV Solvency Score
Solvency Due Diligence

Movado Group Inc's solvency score is 85/100. The higher the solvency score, the more solvent the company is.

Long-Term Liabilities
Short-Term Liabilities
High Altman Z-Score
Low D/E
85/100
Solvency
Score

Movado Group Inc's solvency score is 85/100. The higher the solvency score, the more solvent the company is.

Financials
Efficiency
58%
Gross Margin
17%
Operating Margin
14%
Net Margin
8%
FCF Margin
22%
ROE
20%
ROIC
Other

MOV Capital Structure
Movado Group Inc

Market Capitalization 699M USD
Total Debt 0 USD
Minority Interest 5.5M USD
Preferred Equity 0 USD
Cash and Equivalents 187M USD
Short-Term Investments 0 USD
Enterprise Value 518M USD

Wall St
Price Targets

MOV Price Targets Summary
Movado Group Inc

Wall Street analysts forecast MOV stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for MOV is 38 USD .

Lowest
Price Target
Not Available
Average
Price Target
38 USD
21% Upside
Highest
Price Target
Not Available
View Analyst Estimates
View Analyst Estimates

Competitive Landscape

MOV Competitors
Movado Group Inc

MOV Suppliers & Customers
Movado Group Inc

Movado Group Inc has 6 key suppliers from 3 countries and 3 industries. The majority of these suppliers are located in the United States of America, with the largest number of suppliers in the Textiles, Apparel & Luxury Goods industry.

Movado Group Inc has 7 key customers from 3 countries and 2 industries. The majority of these customers are located in the United States of America, with the largest number of customers in the Retail industry.

Ownership

MOV Shareholders
Major Shareholders

Insiders own a significant part of the company.

Top 25 shareholders own 54.91% of the company. Insiders own 12.44%. The biggest insider is Phalen Miriam Grinberg (10 percent owner), who owns 7.5% of Movado Group Inc.

Insiders
12.44%
Institutions
60.55%
Other
27%
Insiders
12.44%
Phalen Miriam Grinberg
10 percent owner
Ownership
7.4994%
Market Value
54.2M USD
Shares
1 724 860
Grinberg Alexander
Director
Ownership
1.095%
Market Value
7.9M USD
Shares
251 850
Grinberg Efraim
Chairman - CEO
Ownership
0.895%
Market Value
6.5M USD
Shares
205 856
Cote Richard
Director
Ownership
0.8041%
Market Value
5.8M USD
Shares
184 934
Demarsilis Sallie A
Chief Financial Officer
Ownership
0.3485%
Market Value
2.5M USD
Shares
80 149
Morelli Francis Anthony
Sr. VP Global Bus. Proc. & CIO
Ownership
0.2762%
Market Value
2M USD
Shares
63 523
Howard Alan H
Director
Ownership
0.2217%
Market Value
1.6M USD
Shares
50 982
Reznik Maurice S
Director
Ownership
0.201%
Market Value
1.5M USD
Shares
46 232
Delia Vivian
Senior VP Human Resources
Ownership
0.1723%
Market Value
1.2M USD
Shares
39 633
Bridgman Peter A
Director
Ownership
0.169%
Market Value
1.2M USD
Shares
38 864
Adame Margaret Hayes
Director
Ownership
0.1681%
Market Value
1.2M USD
Shares
38 667
Soltani Behzad
EVP,Commercial President & CTO
Ownership
0.1513%
Market Value
1.1M USD
Shares
34 789
Leventhal Nathan
Director
Ownership
0.1343%
Market Value
971k USD
Shares
30 884
Sussis Mitchell Cole
Senior VP and General Counsel
Ownership
0.0939%
Market Value
679k USD
Shares
21 593
Isserman Richard D
Director
Ownership
0.0737%
Market Value
533k USD
Shares
16 962
Sadove Stephen I
Director
Ownership
0.0662%
Market Value
479k USD
Shares
15 215
Kirschner Ann
Director
Ownership
0.0604%
Market Value
437k USD
Shares
13 897
Peterson Maya
Director
Ownership
0.0143%
Market Value
103k USD
Shares
3 286
Institutions
60.55%
Back

MOV Insider Trading
Buy and sell transactions by insiders

Movado Group Inc insiders have only sold shares in the past 12 months.

During the last 12 months Movado Group Inc insiders have not bought any shares, and sold 5.5M USD worth of shares. The last transaction was made on Dec 1, 2022 by Isserman Richard D (Director), who sold 189k USD worth of MOV shares.

Sold
0-3
months
0 USD
0
3-6
months
0 USD
0
6-9
months
339k USD
2
9-12
months
5.1M USD
2
Bought
0-3
months
No Insider Transactions
0
0 USD
3-6
months
No Insider Transactions
0
0 USD
6-9
months
0
0 USD
9-12
months
0
0 USD
Cumulative Transactions Amount
Period Sold Bought Net
3 Months
N/A
N/A
N/A
6 Months
N/A
N/A
N/A
9 Months
339k USD
N/A
-339.1k
12 Months
5.5M USD
N/A
-5.5M
Purchases
11
Sales
179
Why is insider trading important?

Shareholder Return

MOV Price
Movado Group Inc

1M 1M
-6%
6M 6M
-3%
1Y 1Y
-24%
3Y 3Y
+78%
5Y 5Y
+21%
Annual Price Range
31.45
52w Low
28.18
52w High
41.67
Price Metrics
Average Annual Return -10.06%
Standard Deviation of Annual Returns 20.08%
Max Drawdown -83%

Company Profile

Movado Group Inc

Country

United States of America

Industry

Textiles, Apparel & Luxury Goods

Market Cap

699M USD

Dividend Yield

4.59%

Description

Movado Group, Inc. engages in the design, manufacture, and distribution of watches. The company is headquartered in Paramus, New Jersey and currently employs 940 full-time employees. The firm operates through two segments: Watch and Accessory Brands and Company Stores. The Watch and Accessory Brands segment includes the designing, manufacturing, and distribution of watches and, to a lesser extent, jewellery and other accessories, of owned and licensed brands, in addition to after-sales service activities and shipping. The firm Stores segment includes the Company's physical retail outlet locations in the United States and Canada. Its portfolio of watch brands consists of owned brands, such as MOVADO, CONCORD, EBEL, OLIVIA BURTON and MVMT as well as licensed brands, such as COACH, TOMMY HILFIGER, HUGO BOSS, LACOSTE, CALVIN KLEIN and SCUDERIA FERRARI. The company also designs, sources, markets, and distributes jewellery and other accessories under certain of its brands. The firm divides its business into two geographic locations, such as the United States and the International operations.

Contact

NEW JERSEY
Paramus
650 From Rd Ste 375
+12012678000.0
https://www.movadogroup.com/

IPO

1993-09-30

Employees

940

Officers

Chairman & CEO
Mr. Efraim Grinberg
Exec. VP, COO & CFO
Ms. Sallie A. DeMarsilis
Exec. VP, Commercial Pres & Chief Technology Officer
Mr. Behzad Soltani
Sr. VP, Gen. Counsel & Sec.
Mr. Mitchell C. Sussis
Sr. VP of HR
Ms. Vivian D'Elia
Chief Marketing Officer
Mr. Stephane Gerschel
Show More
Sr. VP of Customer Experience & Director
Mr. Alexander Grinberg
Sr. VP of Consumer Insights & Strategic PLA
Mr. Joseph A. Faranda
Pres of Licensed Brands
Mr. Jon Step
Commercial Director & Pres of EBEL Brand
Mr. Loek Oprinsen
Show Less

See Also

Similar Stocks
What is the Intrinsic Value of one MOV stock?

The intrinsic value of one MOV stock under the Base Case scenario is 49.55 USD.

Is MOV stock undervalued or overvalued?

Compared to the current market price of 31.45 USD, Movado Group Inc is Undervalued by 37%.