PVH Corp (PVH) Crumbles: Stock Falls by 6% – Tale of the Tape

Zacks

PVH Corp. (PVH) saw a big move last session, as the company’s shares fell nearly 6% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for PVH, as the stock is now down over 12% in the past one-month time frame.

The apparel company has seen a flat track record when it comes to current year estimate revisions over the past few weeks, and the consensus for earnings hasn’t been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.

PVH currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.

A better-ranked stock in the same sector is Cherokee Inc. (CHKE), holding a Zacks Rank #2 (Buy).

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