An image of stocks on a display
Markets

PVH Earns Composite Rating Upgrade

An image of stocks on a display
Shutterstock photo

PVH ( PVH ) saw an improvement in its IBD SmartSelect Composite Rating Wednesday, from 94 to 96.

[ibd-display-video id=3105496 width=50 float=left autostart=true] The revised score means the stock currently tops 96% of all other stocks in terms of key performance metrics and technical strength.

PVH is now out of buy range after clearing the 130.85 buy point in a flat base.

Looking For The Best Stocks To Buy And Watch? Start Here

One weak spot is the company's 77 EPS Rating, which tracks quarterly and annual earnings growth. Look for that to improve to 80 or better to show it's in the top 20% of all stocks.

Its Accumulation/Distribution Rating of A shows heavy buying by institutional investors, such as mutual funds and pension funds, over the last 13 weeks.

In Q3, the company reported 16% earnings-per-share growth. That marks three straight quarters of rising EPS performance. Sales growth fell to 5%, down from 7% in the prior quarter.

PVH earns the No. 2 rank among its peers in the Apparel-Clothing Manufacturing industry group. Canada Goose ( GOOS ) is the top-ranked stock within the group.

RELATED:

Which Companies Are Now Outperforming 95% Of All Stocks?

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story

PVH GOOS

Other Topics

Stocks