PVH Corp.PVH was a big mover last session, as the company saw its shares rise more than 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $139.86 –$145.25 in the past one-month time frame, witnessed a sharp increase on Thursday.
The move came after the company reported solid fourth quarter and full-year financial results.
The Zacks Consensus Estimate for the current quarter has moved higher over the past few months, suggesting that more solid trading could be ahead for PVH Corp. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
PVH Corp currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.
A better-ranked stock in the Consumer Discretionary sector is Columbia Sportswear Company COLM, which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
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