Movado Group (MOV) AI Stock Analysis

• Market Cap: $347.52M
• Dividend Yield: 6.79%
• Average Volume (3M): 141.10K
• Price to Earnings (P/E): 22.7
• Beta (1Y): 1.18
• Revenue Growth: 0.63%
• EPS Growth: -7.37%
• Country: US
• Employees: 1,009
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Luxury Goods
• EPS (TTM): 0.45
• Shares Outstanding: 15,682,352
• 10 Day Avg. Volume: 119,008
• 30 Day Avg. Volume: 141,103
• PEG Ratio: -0.38
• Price to Book (P/B): 0.88
• Price to Sales (P/S): 0.65
• P/FCF Ratio: -44.96
• Enterprise Value/Market Cap: 0.89
• Enterprise Value/Revenue: 0.47
• Enterprise Value/Gross Profit: 0.88
• Enterprise Value/Ebitda: 9.41
• 1Y Price Target: $30.75
• Price Target Upside: 38.76% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2
• EPS Forecast (FY): 2.54
• Revenue Forecast (FY): $660.51M

• Rating: 73 Outperform
• Price Target: $21.50 ▼(-2.98% Downside)

Movado Group's overall stock score is driven by strong financial performance and technical indicators, supported by a positive earnings call. The high dividend yield adds value, though the P/E ratio suggests a higher valuation. The company is well-positioned with a strong cash position and strategic growth initiatives, despite regional challenges.

Positive Factors

Strong Cash Position

A strong cash position with no debt provides Movado with financial flexibility to invest in growth opportunities and weather economic uncertainties.

Product Innovations

Innovative product launches can drive consumer interest and sales, positioning Movado to capture market share and appeal to younger demographics.

U.S. Market Growth

Strong growth in the U.S. market, especially in direct-to-consumer channels, indicates robust demand and effective market strategies, supporting long-term revenue growth.

Negative Factors

Middle East Performance

Weak performance in the Middle East could limit international growth and expose Movado to regional economic and geopolitical risks.

Increased Inventory

Rising inventory levels may indicate potential overproduction or slowing sales, which could lead to increased holding costs and margin pressure.

Sales in Owned Brands

Declining sales in owned brands suggest challenges in brand positioning or market competition, potentially affecting overall brand equity and revenue.

Movado Group Business Overview & Revenue Model

Company Description

Movado Group, Inc. designs, sources, markets, and distributes watches worldwide. The company operates in two segments, Watch and Accessory Brands, and Company Stores. It 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, Calvin Klein, and Scuderia Ferrari. The company also provides after-sales and shipping services. Its customers include jewelry store chains, department stores, independent regional jewelers, network of independent distributors, online marketplaces, licensors' retail stores, and third-party e-commerce retailers. The company also sells directly to consumers through its e-commerce platforms. As of January 31, 2022, it operated 51 retail outlet locations. 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.

How the Company Makes Money

Movado Group generates revenue primarily through the sale of watches and related accessories. Its revenue model is driven by a combination of direct sales through retail channels, including department stores and specialty watch retailers, as well as e-commerce platforms. Additionally, the company benefits from licensing agreements that allow third parties to produce and sell products under its brand names, contributing a significant revenue stream. Key partnerships with retailers and distributors enhance its market reach, while strong brand recognition and marketing efforts help maintain customer loyalty and drive sales. Seasonal product launches and collaborations also play a role in boosting revenue during peak shopping periods.

Movado Group Financial Statement Overview

Summary

Movado Group's financial statements reflect strong revenue growth and improved cash flow generation, but face challenges in profitability. The balance sheet is stable with low leverage, and cash flow efficiency has improved significantly.

Income Statement

Movado Group's income statement shows a mixed performance. The TTM data indicates a gross profit margin of 53.79%, which is decent but has declined from previous years. The net profit margin has also decreased to 2.48% in the TTM, reflecting a drop in profitability. Revenue growth is strong at 52.3% TTM, indicating a significant recovery. However, EBIT and EBITDA margins have decreased, suggesting increased operational costs.

Balance Sheet

The balance sheet is relatively stable with a debt-to-equity ratio of 0.18 in the TTM, indicating low leverage. The return on equity has decreased to 3.28% TTM, showing reduced profitability from equity. The equity ratio remains strong at 66.48%, suggesting a solid equity base relative to total assets.

Cash Flow

Cash flow analysis reveals a strong free cash flow growth of 113.88% TTM, indicating improved cash generation. The operating cash flow to net income ratio is 0.18, suggesting moderate cash flow efficiency. The free cash flow to net income ratio is 0.70, showing good cash conversion from profits.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	653.38M	672.60M	751.90M	732.39M	506.40M
Gross Profit	353.14M	370.39M	433.89M	419.06M	270.50M
EBITDA	36.45M	70.34M	133.23M	130.48M	-126.31M
Net Income	18.36M	46.71M	94.53M	91.60M	-111.19M
Balance Sheet
Total Assets	729.23M	769.08M	787.71M	761.16M	719.26M
Cash, Cash Equivalents and Short-Term Investments	208.50M	262.46M	251.58M	277.13M	223.81M
Total Debt	94.77M	92.09M	88.59M	76.42M	105.50M
Total Liabilities	245.65M	250.13M	277.16M	284.07M	289.32M
Stockholders Equity	481.33M	516.80M	507.61M	472.81M	425.26M
Cash Flow
Free Cash Flow	-9.47M	68.41M	47.05M	124.87M	65.23M
Operating Cash Flow	-1.50M	76.78M	54.34M	130.81M	68.41M
Investing Cash Flow	-13.74M	-11.47M	-10.55M	-7.91M	-1.86M
Financing Cash Flow	-35.40M	-57.60M	-65.31M	-66.61M	-34.38M

Movado Group Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 22.16
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For MOV, the sentiment is Positive. The current price of 22.16 is above the 20-day moving average (MA) of 21.52, above the 50-day MA of 20.26, and above the 200-day MA of 17.09, indicating a bullish trend. The MACD of 0.56 indicates Negative momentum. The RSI at 60.33 is Neutral, neither overbought nor oversold. The STOCH value of 85.04 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for MOV.

Movado Group Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MOV	73 Outperform	$347.52M	22.74	4.40%	6.79%	0.63%	-7.37%
ELA	70 Outperform	$356.74M	35.00	18.19%	―	23.75%	59.66%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
FOSL	54 Neutral	$202.72M	-2.91	-48.62%	―	-12.89%	45.32%
BRLT	51 Neutral	$176.20M	-7.74	-2.88%	14.29%	1.32%	-175.81%
LANV	42 Neutral	$198.81M	-0.86	-2353.49%	―	-23.54%	-49.41%
BGI	40 Underperform	$17.91M	-2.04	―	―	4.49%	-87.94%