Movado Group, Inc. logo

Movado Group, Inc.

MOV

NYSEConsumer CyclicalLuxury Goods

Latest quote

$34.90

−$0.53 · -1.50%

Aug 21, 3:55 PM ET

MOV company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

83

Deep Value

Momentum

69

Gaining

Sentiment

71

Bullish

Risk resilience

55

Elevated Risk

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Company profile

Company website

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 comprising Coach, Tommy Hilfiger, HUGO BOSS, Lacoste, Calvin Klein, and KATE SPADE NEW YORK. It also designs, sources, markets, and distributes jewelry and other accessories; and provides after-sales and shipping services. The company’s 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. It sells directly to consumers through its e-commerce platforms. 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 1881 and is headquartered in Paramus, New Jersey.

Industry
Luxury Goods
Sector
Consumer Cyclical
Headquarters
US
CEO
Efraim Grinberg
Listed since
Sep 30, 1993
Employees
1,386

Market position

Volume
162.58K
0.74× average
Average volume
218.43K
Average daily volume
Market cap
549.01M USD
Beta
0.96
Market reference 1

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
363.72M USD
P/E (TTM)
24.69×
P/B (TTM)
1.57×
P/S (TTM)
0.81×
EV / EBITDA
8.21×
Earnings yield
5.15%
Free cash flow yield
10.36%
Dividend yield
4.17%

Profitability & efficiency

Gross margin
54.82%
Operating margin
5.36%
Net margin
4.70%
Return on equity
5.20%
Return on assets
3.58%
Return on invested capital
3.59%

Financial health

Debt / equity
0.15×
Current ratio
4.58×
Altman Z-score
4.07
Piotroski F-score
7 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends63%41%19%-3%Gross margin, FY2022: 57.22%Gross margin, FY2023: 57.71%Gross margin, FY2024: 55.07%Gross margin, FY2025: 54.05%Gross margin, FY2026: 54.16%Operating margin, FY2022: 16.04%Operating margin, FY2023: 16.01%Operating margin, FY2024: 8.13%Operating margin, FY2025: 3.06%Operating margin, FY2026: 4.44%Net margin, FY2022: 12.51%Net margin, FY2023: 12.57%Net margin, FY2024: 6.94%Net margin, FY2025: 2.81%Net margin, FY2026: 3.96%FY2022FY2023FY2024FY2025FY2026
Gross margin FY2022 57.22%. Gross margin FY2023 57.71%. Gross margin FY2024 55.07%. Gross margin FY2025 54.05%. Gross margin FY2026 54.16%. Operating margin FY2022 16.04%. Operating margin FY2023 16.01%. Operating margin FY2024 8.13%. Operating margin FY2025 3.06%. Operating margin FY2026 4.44%. Net margin FY2022 12.51%. Net margin FY2023 12.57%. Net margin FY2024 6.94%. Net margin FY2025 2.81%. Net margin FY2026 3.96%.

Income trends

Revenue

671.31M USD+2.74%

Operating income

29.83M USD+49.03%

Net income

26.55M USD+44.59%
Income trends across reported periods825.25M USD531.84M USD238.42M USD−54.99M USDRevenue, FY2022: 732.39M USDRevenue, FY2023: 751.9M USDRevenue, FY2024: 672.6M USDRevenue, FY2025: 653.38M USDRevenue, FY2026: 671.31M USDOperating income, FY2022: 117.49M USDOperating income, FY2023: 120.35M USDOperating income, FY2024: 54.71M USDOperating income, FY2025: 20.02M USDOperating income, FY2026: 29.83M USDNet income, FY2022: 91.6M USDNet income, FY2023: 94.53M USDNet income, FY2024: 46.71M USDNet income, FY2025: 18.36M USDNet income, FY2026: 26.55M USDFY2022FY2023FY2024FY2025FY2026
Revenue FY2022 732.39M USD. Revenue FY2023 751.9M USD. Revenue FY2024 672.6M USD. Revenue FY2025 653.38M USD. Revenue FY2026 671.31M USD. Operating income FY2022 117.49M USD. Operating income FY2023 120.35M USD. Operating income FY2024 54.71M USD. Operating income FY2025 20.02M USD. Operating income FY2026 29.83M USD. Net income FY2022 91.6M USD. Net income FY2023 94.53M USD. Net income FY2024 46.71M USD. Net income FY2025 18.36M USD. Net income FY2026 26.55M USD.
Metric (USD)FY2026FY2025FY2024FY2023FY2022
Revenue671.31M USD653.38M USD672.6M USD751.9M USD732.39M USD
Cost of goods sold307.71M USD300.24M USD302.21M USD318M USD313.33M USD
Gross profit363.6M USD353.14M USD370.39M USD433.9M USD419.07M USD
Selling, general, and administrative333.77M USD333.13M USD315.69M USD313.54M USD301.57M USD
Operating expenses333.77M USD333.13M USD315.69M USD313.54M USD301.57M USD
Interest expense507K USD489K USD497K USD518K USD688K USD
Depreciation and amortization9.42M USD9.31M USD9.64M USD10.81M USD12.46M USD
Operating income29.83M USD20.02M USD54.71M USD120.35M USD117.49M USD
Net income26.55M USD18.36M USD46.71M USD94.53M USD91.6M USD

Company facts updated Aug 24, 2026.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$50.00

43.64% upside
Past 12 months12-month forecastHigh $50.00Average $50.00Low $50.00

Rating distribution

13 ratings
Strong buy00%
Buy646%
Hold754%
Sell00%
Strong sell00%

Recent analyst actions

2 institutions

MOV news

Corporate actions

Corporate action history

Stock split

Effective Jun 28, 2004

2:1

Stock split

Effective Sep 30, 1997

3:2

Stock split

Effective May 2, 1997

5:4

MOV peers

ETFs holding MOV

Funds reporting this stock among their holdings, ordered by reported position size.

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