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How to buy Movado Group (MOV) stocks in Canada
Learn how to easily invest in Movado Group stocks.
Movado Group is a luxury goods business based in the US. Movado Group stocks (MOV.US) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $30.73 – a decrease of 5.49% over the previous week. Movado Group employs 888 staff and has a trailing 12-month revenue of around $704.7 million.
How to buy shares in Movado Group
- Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
- Open your brokerage account. Complete an application with your details.
- Confirm your payment details. Fund your account.
- Research the stock. Find the stock by name or ticker symbol – MOV – and research it before deciding if it's a good investment for you.
- Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
- Check in on your investment. Optimize your portfolio by tracking your stock.
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.
What's in this guide?
- Can I buy shares in Movado Group?
- Has coronavirus impacted Movado Group shares?
- Movado Group shares summary
- Compare share dealing platforms
- Is Movado Group stock a buy or sell?
- Movado Group performance over time
- Are Movado Group shares over-valued?
- Movado Group's financials
- How volatile are Movado Group shares?
- Does Movado Group pay a dividend?
- Have Movado Group shares ever split?
- Other common questions
How has Coronavirus impacted Movado Group's stock price?
Since the stock market crash in March caused by coronavirus, Movado Group's stock price has had significant positive movement.
Its last market close was $37.86, which is 58.14% up on its pre-crash value of $15.85 and 366.26% up on the lowest point reached during the March crash when the stocks fell as low as $8.12.
If you had bought $1,000 worth of Movado Group stocks at the start of February 2020, those stocks would have been worth $521.17 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $2,257.59.
Movado Group stock price (NYSE:MOV)Use our graph to track the performance of MOV stocks over time.
Movado Group shares at a glance
|Latest market close||$37.86|
|52-week range||$18.95 - $48.37|
|50-day moving average||$40.38|
|200-day moving average||$33.81|
|Wall St. target price||$48.00|
|Dividend yield||$0.7 (2.57%)|
|Earnings per share (TTM)||$3.84|
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Note: The dollar amounts in the table below are in Canadian dollars.
Movado Group price performance over time
|1 week (2022-01-12)||-5.49%|
|1 month (2021-12-17)||-2.60%|
|3 months (2021-10-19)||10.28%|
|6 months (2021-07-19)||34.73%|
|1 year (2021-01-19)||80.03%|
|2 years (2020-01-17)||90.25%|
|3 years (2019-01-18)||11.95%|
|5 years (2017-01-19)||44.78%|
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 10x. In other words, Movado Group shares trade at around 10x 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 $114.1 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||$704.7 million|
|Operating margin TTM||14.64%|
|Gross profit TTM||$271.2 million|
|Return on assets TTM||8.94%|
|Return on equity TTM||2145.07%|
|Market capitalisation||$890.9 million|
TTM: trailing 12 months
Movado Group share dividends
Dividend payout ratio: 24.43% of net profits
Recently Movado Group has paid out, on average, around 24.43% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.57% 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 2.57% return on their shares, in the form of dividend payments. In Movado Group's case, that would currently equate to about $0.7 per share.
While Movado Group's payout ratio might seem low, this can signify that Movado Group is investing more in its future growth.
Movado Group's most recent dividend payout was on 16 December 2021. The latest dividend was paid out to all shareholders who bought their shares by 1 December 2021 (the "ex-dividend date").
Have Movado Group's shares ever split?
Movado Group's shares were split on a 2:1 basis on 27 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 $18.9545 up to $48.3747. A popular way to gauge a stock's volatility is its "beta".
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 1.151. This would suggest that Movado Group's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
Movado Group overview
Movado Group, Inc. designs, sources, markets, and distributes watches worldwide. 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 brands, as well as licensed brands, such as Coach, Tommy Hilfiger, HUGO BOSS, Lacoste, and Scuderia Ferrari. It also provides after-sales and shipping services. As of January 31, 2021, 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.
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