Mixed results for the company this quarter with revenue and EPS beating, but full-year earnings forecast missed due to lower profitability. Long-term performance shows a decline in revenue over the last five years, and mediocre cash profitability over the last two years.
Movado Group's low P/E ratio suggests poor earnings performance may persist. Expected drop in EPS may further depress P/E ratio, hindering significant share price rise.
The stock's upward movement may be attributed to company profitability in the past three years, despite a year-long downward trend. A healthy three-year total shareholder return of 75%, majorly driven by dividends, paints a solid return picture for the stock.
$GameStop (GME.US)$GameStop launched its NFT marketplace to a relatively muted reception. NFT trades had already fallen three-quarters since January, and traders assumed the game retailer had missed yet another party. Shares would eventually drop another 25%. Investor pessimism, however, has quietly turned GME stock into a short-squeeze candidate. Sagging trading volume means that it would take traders almost 17 days to cover the...
Movado Stock Forum
Investor pessimism, however, has quietly turned GME stock into a short-squeeze candidate. Sagging trading volume means that it would take traders almost 17 days to cover the...
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