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PVH Surges: Stock Moves 6.3% Higher
PVH Corp. (PVH - Free Report) was a big mover last session, as the company saw its shares rise more than 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company—as the stock is now down 14.7% in the past one-month time frame.
The move came after the company reported better-than-expected second-quarter fiscal 2019 (ended Aug 04, 2019) results.
The company has seen three negative estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, suggesting there may be trouble down the road. So, make sure to keep an eye on this stock going forward, to see if this recent move higher can last.
PVH currently has a Zacks Rank #4 (Sell) while its Earnings ESP is negative.
PVH Corp. Price
PVH Corp. price | PVH Corp. Quote
Investors interested in the Textile – Apparel industry may consider Delta Apparel, Inc. (DLA - Free Report) , which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is PVH going up? Or down? Predict to see what others think:Up or Down
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