How to Buy Movado Group Stock
Movado Group Inc
Movado Group is a luxury company located in New Jersey, United States, which is part of the Consumer Cyclical sector, and is traded under the ticker MOV on the NYSE exchange.
Movado Group stock last closed at $26.30, up 0.38% from the previous day, and has increased 1.9% in one year. It has overperformed other stocks in the Luxury Goods industry by 0 percentage points. Movado Group stock is currently +9.86% from its 52-week low of $23.94, and -16.35% from its 52-week high of $31.44.
As of Apr 25, 2024, there are 22.13M shares of MOV outstanding. The market capitalization of MOV is $581.93M. In the last 24 hours, 222,356 MOV shares were traded.
How to Buy Movado Group Stock
Wondering how to invest in Movado Group stock? Here's how.
- Figure out where to buy Movado Group stock: You need to pick an online brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you determine where to buy Movado Group stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit money your investment account: Pick your method of payment and add your info.
- Evaluate Movado Group stock: The Movado Group ticker symbol is MOV. Is Movado Group stock a good investment? Should you buy shares of MOV? How do MOV's underlying business fundamentals look? Do top analysts think Movado Group is a good buy? Why has MOV's stock price moved recently? (Hint: Our stock market analysis tools can help you understand if MOV is a good stock to buy).
- Place your MOV trade: Decide if you will purchase MOV shares at the current market price or use a limit order to buy MOV stock at a specific price.
- Keep an eye on your investment in MOV: Create a watchlist to the latest updates on your new investment in Movado Group stock.
Step 1: Figure out where to buy Movado Group stock
You need a brokerage account in order to access the NYSE market and buy MOV stock.
Our preferred brokerage: eToro
Based on our research, eToro is the best place to buy stocks. Here's why:
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- Social investing: eToro has a community of more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed fintech leader.
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Get $10 towards your purchase of shares by creating an account with eToro now.
Open eToro AccountStep 2: Create your brokerage account
Now that you've picked your brokerage, you'll need to fill out some personal info so you can buy MOV today.
How to Start a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to create your new trading account.
- Send your information by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you have finished signing up on the best stock investing app, your next step is to transfer the money for your investment:
Watch the walkthrough below for more details transferring money into your new investment account.
Step 4: Evaluate Movado Group stock
After you have decided on the best place to buy Movado Group stock, it's important to research their stock prior to investing, so you actually comprehend the risk as well as the opportunity.
Movado Group shares at a glance
MOV Overview
WallStreetZen was built to help part-time investors perform more accurate fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on MOV's stock page.
Is MOV stock undervalued?
You can use many financial metrics, analyses, models, and charts to gauge MOV's true value.
Using relative valuations metrics:
- MOV could be overvalued based on its P/E ratio of 12.52x, relative to Luxury Goods industry P/E ratio of 10.43x
- MOV could be undervalued based on its P/B ratio of 1.13x, relative to Luxury Goods industry P/B ratio of 2.42x
You can access more valuation analysis on MOV's stock here.
A quick look at MOV Financials
Passed Health Checks:
- MOV's operating cash flow of $76.78M allows it to safely service it's debt of $92.09M.
- There are more short-term assets than long-term liabilities on the MOV balance sheet.
- Total MOV debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than short-term liabilities on the MOV balance sheet.
- MOV earnings of $59.87M is not enough to cover its interest payments.
Failed Health Checks:
- MOV has a relatively high debt to equity ratio of 0.48.
- MOV profit margin has gone down from 12.6% to 6.9% in the past year.
Is it a good time to buy Movado Group stock, according to analysts?
Out of 1 sell side analysts who monitor MOV, the consensus analyst rating on Movado Group is a Strong Buy
It's important to keep in mind that analyst ratings are not recommendations, nor are they investment advice.
You can dig deeper into what analysts are saying on the Movado Group stock forecast page.
MOV Trading Indicators
MOV Performance Metrics
Last year, MOV earnings were $46.71M. Over the past 5 year, MOV's earnings have grown by -4.62% per year. This was slower than the Luxury Goods industry average of 21.44%.
Last year, MOV revenue was $672.60M. In the past 5 year, MOV's revenue has gone up by -0.21% per year. This was slower than the Luxury Goods industry average of 4.98%.
Find out more about MOV's earnings and revenue performance here.
What are MOV executives and large shareholders up to?
In the last 12 months, insiders at MOV have sold more shares than they have bought.
Sallie A. Demarsilis, Chief Financial Officer of MOV, was the latest MOV insider to sell. They sold $92,252.79 worth of MOV shares on Mar 29, 2024.
Learn more about who owns MOV shares here.
Can I get consistent income from MOV stock?
Movado Group pays a dividend of 5.32%, compared to the Luxury Goods industry's average dividend yield of 3.32%. If you owned $1,000 of MOV stock, you would have been paid $53.23 in the past 12 months.
Movado Group dividend payments have consistently grown over the past decade but have not remained stable.
Find more data about Movado Group dividend yield and history here.
What others are saying about MOV
One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other investors have to say.
Step 5: Place your MOV trade
There are two main options:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are usually fine for most investors. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a given price limit, use a limit order.
Click the Open Trade button and eToro will execute the order.
If you need more help with investing in stocks on eToro, watch the how to video below:
Step 6: Keep an eye on your investment in MOV
Now that you own some MOV stock, you'll want to stay up-to-date on your investment.
Add MOV to a watchlist to get notified of important updates regarding your MOV stock.
MOV Feed
How to Buy Stock in Movado Group
To reiterate, here are the 6 steps you need to take to buy Movado Group stock right now:
- Figure out where to buy Movado Group stock
- Create your brokerage account
- Deposit money your investment account
- Evaluate Movado Group stock
- Place your MOV trade
- Keep an eye on your investment in MOV
If you require a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to watch your new investment in Movado Group, click below.
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