Movado Group (MOV) AI Stock Analysis

• Market Cap: $292.94M
• Dividend Yield: 7.77%
• Average Volume (3M): 111.75K
• Price to Earnings (P/E): 24.1
• Beta (1Y): 1.20
• Revenue Growth: -0.65%
• EPS Growth: -51.59%
• Country: US
• Employees: 1,009
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Luxury Goods
• EPS (TTM): 0.23
• Shares Outstanding: 15,682,096
• 10 Day Avg. Volume: 98,812
• 30 Day Avg. Volume: 111,755
• 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: 0.40
• Enterprise Value/Gross Profit: 0.74
• Enterprise Value/Ebitda: 8.69
• 1Y Price Target: $31.50
• Price Target Upside: 74.90% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 65 Neutral
• Price Target: $19.50 ▲(8.27% Upside)

Movado Group's overall stock score reflects a mixed financial performance with strong balance sheet stability but challenges in profitability and cash flow. The technical analysis suggests a cautious outlook, while the valuation is supported by a high dividend yield. The earnings call provided a balanced view with both positive growth indicators and notable challenges.

Positive Factors

Strong Balance Sheet

Movado's strong balance sheet with substantial cash reserves and no debt provides financial stability, enabling strategic investments and resilience against economic fluctuations.

International Business Growth

Growth in international markets, particularly in Europe, Latin America, and India, enhances Movado's global footprint and diversifies revenue streams, reducing reliance on any single market.

Successful E-commerce Initiatives

The growth in e-commerce indicates successful digital strategies, expanding Movado's reach and adapting to consumer trends towards online shopping, which is crucial for long-term competitiveness.

Negative Factors

Movado Brand Sales Decline

Declining sales in the core Movado brand suggest challenges in maintaining brand appeal and market share, which could impact overall revenue and brand positioning if not addressed.

Impact of Tariffs and Foreign Exchange

Tariffs and unfavorable foreign exchange rates pressure margins, potentially affecting profitability and pricing strategies, requiring strategic adjustments to mitigate long-term impacts.

Increased Inventory Levels

Higher inventory levels may indicate overstock risks, tying up capital and potentially leading to markdowns if demand does not meet expectations, affecting future profitability.

Movado Group Business Overview & Revenue Model

Company Description

Movado Group, Inc. is a leading watchmaker based in the United States, specializing in the design, manufacture, and distribution of watches. Founded in 1881, the company is renowned for its iconic Movado brand, characterized by its minimalist aesthetic and the signature Museum dial. In addition to Movado, the company operates a portfolio of other luxury and fashion watch brands, including Ebel, Concord, and Hugo Boss watches. Movado Group serves various market segments, from high-end luxury to accessible fashion watches, and its products are sold through a wide range of retail channels, including department stores, specialty retailers, and online platforms.

How the Company Makes Money

Movado Group generates revenue primarily through the sale of its watches, which are distributed globally across multiple channels. The company makes money by selling both its branded and licensed watch collections. Key revenue streams include direct sales to retailers, wholesale distribution agreements, and e-commerce sales through its own online store and third-party platforms. Significant partnerships with established retail chains and brands, alongside effective marketing strategies, contribute to its earnings. Additionally, Movado Group benefits from licensing agreements that allow it to produce watches under well-known brand names, which further diversifies its income sources.

Movado Group Financial Statement Overview

Summary

Movado Group's financial performance is mixed. The company has a strong balance sheet with low leverage and a solid equity base. However, profitability and cash flow generation face challenges, with inconsistent revenue growth and compressed margins indicating potential operational inefficiencies.

Income Statement

Movado Group's income statement shows a mixed performance. The TTM (Trailing-Twelve-Months) data indicates a modest gross profit margin of 53.79% and a net profit margin of 2.48%, reflecting some profitability but below industry-leading levels. Revenue growth has been volatile, with a recent TTM growth of 38.8%, but previous periods showed declines. EBIT and EBITDA margins have decreased significantly over time, indicating pressure on operational efficiency.

Balance Sheet

The balance sheet reflects a stable financial position with a low debt-to-equity ratio of 0.18 in the TTM period, indicating conservative leverage. Return on equity is modest at 3.28%, suggesting limited profitability from equity investments. The equity ratio stands at 65.42%, highlighting a strong equity base relative to total assets, which is a positive sign of financial stability.

Cash Flow

Cash flow analysis reveals challenges, with a significant improvement in free cash flow growth in the TTM period at 1071.57%, but previous periods showed negative growth. The operating cash flow to net income ratio is low at 0.18, indicating potential issues in converting income into cash. The free cash flow to net income ratio is relatively healthy at 70.47%, suggesting some efficiency in cash generation relative to net income.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	650.99M	653.38M	672.60M	751.90M	732.39M	506.40M
Gross Profit	350.18M	353.14M	370.39M	433.89M	419.06M	270.50M
EBITDA	29.82M	36.45M	70.34M	133.23M	130.48M	-126.31M
Net Income	16.16M	18.36M	46.71M	94.53M	91.60M	-111.19M
Balance Sheet
Total Assets	748.72M	729.23M	769.08M	787.71M	761.16M	719.26M
Cash, Cash Equivalents and Short-Term Investments	180.49M	208.50M	262.46M	251.58M	277.13M	223.81M
Total Debt	87.78M	94.77M	92.09M	88.59M	76.42M	105.50M
Total Liabilities	256.48M	245.65M	250.13M	277.16M	284.07M	289.32M
Stockholders Equity	489.91M	481.33M	516.80M	507.61M	472.81M	425.26M
Cash Flow
Free Cash Flow	16.48M	-9.47M	68.41M	47.05M	124.87M	65.23M
Operating Cash Flow	23.39M	-1.50M	76.78M	54.34M	130.81M	68.41M
Investing Cash Flow	-10.19M	-13.74M	-11.47M	-10.55M	-7.91M	-1.86M
Financing Cash Flow	-35.31M	-35.40M	-57.60M	-65.31M	-66.61M	-34.38M

Movado Group Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 18.01
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For MOV, the sentiment is Negative. The current price of 18.01 is below the 20-day moving average (MA) of 18.27, below the 50-day MA of 18.77, and above the 200-day MA of 16.66, indicating a neutral trend. The MACD of -0.14 indicates Positive momentum. The RSI at 46.49 is Neutral, neither overbought nor oversold. The STOCH value of 36.37 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for MOV.

Movado Group Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ELA	67 Neutral	$253.68M	26.24	18.19%	―	23.75%	59.66%
MOV	65 Neutral	$292.94M	24.05	3.52%	7.77%	-0.65%	-51.59%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
BRLT	56 Neutral	$241.40M	―	-2.88%	8.93%	1.32%	-175.81%
FOSL	47 Neutral	$110.26M	―	-35.01%	―	-15.35%	61.40%
BGI	41 Neutral	$22.34M	-2.42	―	―	-7.08%	-162.35%
LANV	40 Underperform	$244.41M	―	-2353.49%	―	-23.54%	-49.41%

Movado Group Corporate Events

Movado Group’s Earnings Call: Growth Amid Challenges

Movado Group Inc. recently held its earnings call, revealing a cautiously optimistic outlook. The call highlighted a return to growth in both sales and profitability, driven by strong international performance and successful e-commerce initiatives. Despite these positive developments, challenges such as declining Movado brand sales, a decrease in U.S. sales, and the impact of tariffs and increased inventory levels were also noted. Overall, while the positive aspects were slightly more prominent, significant challenges remain for the company.

Movado Group Reports Modest Sales Growth in Q2 2026

Movado Group Inc., a renowned designer and distributor of watches and jewelry, operates in the luxury goods sector with a diverse portfolio of iconic brands and company stores across the United States and Canada.