<div id="readability-page-1"><p><span>Movado Group (NYSE:MOV - Get Free Report)</span> was upgraded by equities researchers at Zacks Research from a &#34;strong sell&#34; rating to a &#34;hold&#34; rating in a report issued on Monday,Zacks.com reports.</p><ul><li>3 Underfollowed Stocks Wall Street Still Likes—And for Good Reason</li></ul><p>A number of other research firms also recently commented on MOV. Wall Street Zen downgraded Movado Group from a &#34;strong-buy&#34; rating to a &#34;buy&#34; rating in a research note on Saturday. Weiss Ratings  reiterated a &#34;hold (c)&#34; rating on shares of Movado Group in a research report on Monday, December 29th. Northland Securities initiated coverage on shares of Movado Group in a research report on Wednesday, January 7th. They set an &#34;outperform&#34; rating and a $30.00 price objective for the company. Finally, BWS Financial  reaffirmed a &#34;buy&#34; rating and issued a $31.50 price objective on shares of Movado Group in a research note on Wednesday, November 26th. One research analyst  has rated the stock with a Strong Buy rating, one  has assigned  a Buy rating and two have assigned  a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of &#34;Moderate Buy&#34; and an average price target of $30.75.</p><p><b>Check Out Our Latest Report on Movado Group</b></p><h2>Movado Group Stock Down 0.0%</h2><ul><li>Movado Group, Inc. Is Leveraging The Omnichannel Experience</li></ul><p>NYSE MOV opened at $22.50 on Monday. The business's 50-day moving average price is $21.34 and its 200 day moving average price is $19.07. The firm has a market cap of $498.02 million, a P/E ratio of 23.56 and a beta of 0.90. Movado Group has a 52-week low of $12.85 and a 52-week high of $23.06. </p><p>Movado Group (NYSE:MOV - Get Free Report) last posted its earnings results on Tuesday, November 25th. The company reported $0.45 EPS for the quarter, missing analysts' consensus estimates of $0.57 by ($0.12). The firm had revenue of $186.13 million for the quarter, compared to analysts' expectations of $185.89 million. Movado Group had a return on equity of 5.86% and a net margin of 3.33%.During the same quarter in the previous year, the firm posted $0.22 earnings per share.  As a group, analysts anticipate that  Movado Group will post 1.05 earnings per share for the current year. </p><h2>Insiders Place Their Bets</h2><ul><li>Movado Group Incorporated Pulls Back After Robust Results</li></ul><p>In related news, SVP Michelle Kennedy sold 1,290 shares of the business's stock in a transaction that occurred on Tuesday, December 9th. The shares were sold at an average price of $20.89, for a total transaction of $26,948.10. Following the transaction, the senior vice president directly owned 27,857 shares of the company's stock, valued at approximately $581,932.73. The trade was a 4.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 30.80% of the stock is currently owned by company insiders. </p><h2>Institutional Inflows and Outflows</h2><p>A number of hedge funds have recently bought and sold shares of MOV. CWM LLC boosted its holdings in  Movado Group by 28.2% during the third quarter. CWM LLC now owns 3,318 shares of the company's stock worth $63,000 after buying an additional 730 shares during the last quarter.  Harbor Capital Advisors Inc. grew its stake in  Movado Group by 20.4% in the third quarter. Harbor Capital Advisors Inc. now owns 4,655 shares of the company's stock valued at $88,000 after acquiring an additional 790 shares during the period.  Comerica Bank increased its holdings in  Movado Group by 99.0% during the 3rd quarter. Comerica Bank now owns 1,785 shares of the company's stock worth $34,000 after purchasing an additional 888 shares in the last quarter.  Royal Bank of Canada grew its stake in  Movado Group by 4.1% in the first quarter. Royal Bank of Canada now owns 26,524 shares of the company's stock valued at $444,000 after purchasing an additional 1,042 shares in the last quarter.  Finally, Geode Capital Management LLC increased its position in  Movado Group by 0.3% during the second quarter. Geode Capital Management LLC now owns 374,858 shares of the company's stock worth $5,718,000 after buying an additional 1,131 shares during the last quarter. 72.08% of the stock is currently owned by institutional investors. </p><h2>About Movado Group</h2> (Get Free Report)<p>Movado Group, Inc is a global designer, manufacturer and distributor of watches and related jewelry products. The company's portfolio encompasses both owned and licensed brands, offering a wide range of timepieces from luxury to accessible price points. Major owned brands include Movado, Concord, and Ebel, alongside newer acquisitions such as MVMT and Olivia Burton. In addition, Movado Group holds licensing agreements to produce watches under fashion names like Hugo Boss, Tommy Hilfiger, Coach, Lacoste and Scuderia Ferrari.  </p><p>Movado Group's product line spans classic dress watches, sport and dive models, fashion-forward designs and limited-edition collections.</p><h2>See Also</h2><ul><li>Five stocks we like better than Movado Group</li><li>America's Next Power Move Starts Underground</li><li>Your Signature Is Missing – Act Before It’s Too Late</li><li>NEW LAW: Congress Approves Setup For Digital Dollar?</li><li>Refund From 1933: Trump’s Reset May Create Instant Wealth</li><li>The biggest scam in the history of gold markets is unwinding</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Movado Group Right Now?</h2><p>Before you consider Movado Group, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Movado Group wasn't on the list.</p><p>While Movado Group currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

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<p>Zacks Research upgraded Movado Group (NYSE:MOV) from a "strong sell" to a "hold" rating. Other firms have also adjusted their ratings, with Wall Street Zen downgrading to "buy" and Weiss Ratings maintaining a "hold". The stock opened at $22.50, with a market cap of $498.02 million. Movado reported $0.45 EPS for the last quarter, missing estimates. Insiders hold 30.80% of the stock, while institutional investors own 72.08%. Movado Group designs and distributes watches and jewelry, with brands including Movado and MVMT.</p>

Movado Group (NYSE:MOV) Upgraded to Hold at Zacks Research