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How to buy Movado Group stock | $17.34

Own Movado Group stock in just a few minutes.

Fact checked

Movado Group, Inc is a luxury goods business based in the US. Movado Group shares (MOV) are listed on the NYSE and all prices are listed in US Dollars. Movado Group employs 1,145 staff and has a trailing 12-month revenue of around USD$519 million.

How to buy shares in Movado Group

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Movado Group. Find the stock by name or ticker symbol: MOV. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Movado Group reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$17.34, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Movado Group, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Movado Group. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Movado Group share price

Use our graph to track the performance of MOV stocks over time.

Movado Group shares at a glance

Information last updated 2020-12-02.
Latest market closeUSD$17.34
52-week rangeUSD$8.12 - USD$22.12
50-day moving average USD$13.3409
200-day moving average USD$11.5674
Wall St. target priceUSD$20
PE ratio 5.905
Dividend yield USD$0.8 (7.48%)
Earnings per share (TTM) USD$1.83

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Movado Group stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Movado Group price performance over time

Historical closes compared with the close of $17.34 from 2020-12-09

1 week (2021-01-11) -8.16%
1 month (2020-12-18) -2.53%
3 months (2020-10-16) 57.92%
6 months (2020-07-17) 62.36%
1 year (2020-01-17) -12.86%
2 years (2019-01-18) -48.73%
3 years (2018-01-18) 32.55
5 years (2016-01-15) 22.67

Is Movado Group under- or over-valued?

Valuing Movado Group stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Movado Group's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Movado Group's P/E ratio

Movado Group's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 6x. In other words, Movado Group shares trade at around 6x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Movado Group's PEG ratio

Movado Group's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.16. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Movado Group's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Movado Group's EBITDA

Movado Group's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$22.4 million.

The EBITDA is a measure of a Movado Group's overall financial performance and is widely used to measure a its profitability.

Movado Group financials

Revenue TTM USD$519 million
Operating margin TTM 1.88%
Gross profit TTM USD$375.1 million
Return on assets TTM 0.78%
Return on equity TTM -30.14%
Profit margin -26.64%
Book value $16.787
Market capitalisation USD$392.2 million

TTM: trailing 12 months

Shorting Movado Group shares

There are currently 1.5 million Movado Group shares held short by investors – that's known as Movado Group's "short interest". This figure is 4.3% down from 1.6 million last month.

There are a few different ways that this level of interest in shorting Movado Group shares can be evaluated.

Movado Group's "short interest ratio" (SIR)

Movado Group's "short interest ratio" (SIR) is the quantity of Movado Group shares currently shorted divided by the average quantity of Movado Group shares traded daily (recently around 162545.66596195). Movado Group's SIR currently stands at 9.46. In other words for every 100,000 Movado Group shares traded daily on the market, roughly 9460 shares are currently held short.

However Movado Group's short interest can also be evaluated against the total number of Movado Group shares, or, against the total number of tradable Movado Group shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Movado Group's short interest could be expressed as 0.07% of the outstanding shares (for every 100,000 Movado Group shares in existence, roughly 70 shares are currently held short) or 0.1329% of the tradable shares (for every 100,000 tradable Movado Group shares, roughly 133 shares are currently held short).

A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against Movado Group.

Find out more about how you can short Movado Group stock.

Movado Group share dividends

91%

Dividend payout ratio: 90.91% of net profits

Recently Movado Group has paid out, on average, around 90.91% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 7.48% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Movado Group shareholders could enjoy a 7.48% return on their shares, in the form of dividend payments. In Movado Group's case, that would currently equate to about $0.8 per share.

Movado Group's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

Movado Group's most recent dividend payout was on 20 December 2019. The latest dividend was paid out to all shareholders who bought their shares by 5 December 2019 (the "ex-dividend date").

Have Movado Group's shares ever split?

Movado Group's shares were split on a 2:1 basis on 28 June 2004. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Movado Group shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Movado Group shares which in turn could have impacted Movado Group's share price.

Movado Group share price volatility

Over the last 12 months, Movado Group's shares have ranged in value from as little as $8.12 up to $22.12. A popular way to gauge a stock's volatility is its "beta".

MOV.US volatility(beta: 0.65)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Movado Group's is 0.6539. This would suggest that Movado Group's shares are less volatile than average (for this exchange).

Movado Group overview

Movado Group, Inc. designs, develops, sources, markets, and distributes watches in the United States and internationally. It operates in two segments, Watch and Accessory Brands; and Company Stores. The company offers its watches under the Movado, Concord, Ebel, Olivia Burton, and MVMT owned brands, as well as under the Coach, Tommy Hilfiger, HUGO BOSS, Lacoste, SCUDERIA FERRARI, Rebecca Minkoff, and Uri Minkoff licensed brands. It also provides after-sales and shipping services. As of January 31, 2020, the company operated 47 retail outlet locations. Its customers include jewelry store chains, department stores, independent regional jewelers, licensors' retail stores, and a network of independent distributors. The company was formerly known as North American Watch Corporation and changed its name to Movado Group, Inc. in 1996. Movado Group, Inc. was founded in 1961 and is based in Paramus, New Jersey.

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