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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 $33.18, down 1.83% from the previous day, and has decreased 5.36% in one year. It has overperformed other stocks in the Luxury Goods industry by 0.07 percentage points. Movado Group stock is currently +19.7% from its 52-week low of $27.72, and -20.53% from its 52-week high of $41.75.

As of Mar 17, 2023, there are 22.23M shares of MOV outstanding. The market capitalization of MOV is $737.60M. In the last 24 hours, 674,863 MOV shares were traded.

How to Buy Movado Group Stock

Wondering how to invest in Movado Group stock? Here's how.
  1. 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.
  2. Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Deposit money your investment account: Pick your method of payment and add your info.
  4. 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).
  5. 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.
  6. 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.

A brokerage account allows you to buy and sell a variety of financial instruments, including stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

Based on our research, eToro is the best place to buy stocks. Here's why:

  • You can invest in stocks with 0% commissions: Invest without paying trading commissions.
  • Buy fractional shares: Even if you don't have the money to buy a full share, you can still buy the stock.
  • Access to world markets: From Technology to Industrials, New York to Shanghai — you can fill your portfolio with stocks from the world's leading exchanges.
  • 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.

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Step 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

  1. Click here to get started.
  2. Enter your personal data to create your new trading account.
  1. Send your information by pressing the "Create Account" button.
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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.

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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 Price
$33.18
1w %
-3.99%
1y %
-5.36%
5y %
3.36%
P/E
7.31x
P/B
1.54x
P/S
0.97x
PEG
0.29x
Revenue
$763.60M
Earnings
$103.18M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$737.60M
Next Earnings
Mar 23, 2023
Next Dividend
N/A

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 7.31x, relative to Luxury Goods industry P/E ratio of 6.49x
  • MOV could be undervalued based on its P/B ratio of 1.54x, relative to Luxury Goods industry P/B ratio of 2.81x
  • MOV could be undervalued based on its PEG ratio of 0.29x

You can do additional valuation analysis on MOV's stock here.

MOV Financial Overview

Passed Health Checks:

  • There are more short-term assets than short-term liabilities on the MOV balance sheet.
  • There are more short-term assets than long-term liabilities on the MOV balance sheet.
  • MOV's operating cash flow of $68.47M allows it to safely service it's debt of $81.94M.
  • MOV profit margin has gone up from 12.8% to 13.5% in the past year.
  • MOV earnings of $131.08M is not enough to cover its interest payments.

Failed Health Checks:

  • MOV has a relatively high debt to equity ratio of 0.61.
  • Total MOV debt is higher than 5 years ago, relative to shareholder equity.

Do analysts think it's a good time to buy MOV stock

Out of 1 Wall Street analysts who give recommendations on MOV, the consensus analyst rating on Movado Group is a Hold

It's important to keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.

You can dive deeper into what analysts are saying on the Movado Group stock forecast page.

MOV Trading Indicators

SMA10
34.28
SMA20
34.38
SMA50
34.7
SMA100
33.48
SMA200
32.99
MACD
-0.2
MACD Signal
-0.04
MACD Histogram
-0.16
RSI
41.78
Stochastic %K
23.8
Stochastic %D
29.87
StochRSI %K
8.1
StochRSI %D
20.36

Is MOV Growing Revenue?

Last year, MOV earnings were $103.18M. In the past 5 year, MOV's earnings have grown by 34.28% per year. This was faster than the Luxury Goods industry average of 17.32%.

Last year, MOV revenue was $763.60M. Over the past five year, MOV's revenue has gone up by 6.8% per year. This was faster than the Luxury Goods industry average of 5.44%.

You can research MOV's earnings and revenue performance here.

Are MOV executives and large shareholders buying or selling the stock?

Over the past 12 months, executives and large shareholders at MOV have sold more shares than they have bought.

Vivian Delia, Senior VP Human Resources of MOV, was the latest MOV insider to sell. They sold $92,167.20 worth of MOV stock on Jan 11, 2023.

Learn more about who owns MOV shares here.

Can I rely on MOV as an income stream?

Movado Group pays a dividend of 4.22%, compared to the Luxury Goods industry's average dividend yield of 2.71%. If you owned $1,000 worth of MOV stock, you would have been paid $42.19 in the past year.

Movado Group dividend payments have consistently grown over the past decade but have not remained stable.

Find more analysis about Movado Group dividend yield and history here.

What do other investors have to say about MOV?

One of the reasons eToro is our top-rated brokerage is because of its social trading community.

Click below to see what other community members have to say.

Step 5: Place your MOV trade

You have two main options:

  • Market order: A market order is an order to buy or sell a security at the best available price.
    Market orders are generally the best for newer 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 particular dollar amount, use a limit order.

Hit the Open button and your broker will place your order.

If you need additional help with investing in stocks on eToro, click the helpful video below:

Open eToro Account

Step 6: Keep an eye on your investment in MOV

Now that you own some MOV shares, you'll want to keep up with your new company.

Put MOV on a watchlist to keep track of your MOV stock.

MOV Feed

How to Buy Stock in Movado Group

To reiterate, here are the 6 steps to buy stock in Movado Group:

  1. Figure out where to buy Movado Group stock
  2. Create your brokerage account
  3. Deposit money your investment account
  4. Evaluate Movado Group stock
  5. Place your MOV trade
  6. Keep an eye on your investment in MOV

If you need a brokerage, eToro is our recommended venue.

Get Started with eToro Today

If you want to keep track of your new investment in Movado Group, create your watchlist below.

NYSE: MOV
$33.18-0.62 (-1.83%)
Updated Mar 17, 2023
Open eToro Account
NYSE: MOV
$33.18-0.62 (-1.83%)
Updated Mar 17, 2023
Open eToro Account

FAQ

How much does it cost to buy one Movado Group share?

As of Mar 17, 2023, it costs $33.18 to buy one share of Movado Group stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.301 shares of MOV.

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Is now a good time to buy Movado Group stock?

According to 1 Wall Street analysts who monitor Movado Group, their consensus recommendation is to hold Movado Group stock.

What is the best way to buy Movado Group stock?

One way to place an order for Movado Group stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.