Movado Group, Inc. (NYSE:MOV) is among the 7 Best Jewellery Stocks to Buy Now.
On January 7, 2026, Northland began covering Movado Group, Inc. with an Outperform rating and a $30 price target, as reported by TheFly. According to the firm, the corporation has been impacted by tariff-related noise and sees this as a potential entry point. Northland claimed a recession-tested company structure and an experienced management team determined to return capital to shareholders.
Separately, net sales surged by 3.1% year over year to $186.1 million in the most recent quarter. The gross margin grew to 54.3%. Operating income climbed to $11.7 million from $6.0 million the previous year, with adjusted operating income of $12.6 million. Adjusted EPS hit $0.45, while diluted EPS soared to $0.42. The business had $183.9 million in cash and no debt at the end of the quarter. A $0.35 quarterly dividend per share was announced by the board.
Movado Group, Inc. grew by 9.42% YTD as of January 13, 2026.
Movado Group, Inc. creates, produces, sources, markets, and sells watches in the US as well as internationally.
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This article is originally published at Insider Monkey.
