PVH Corp. (NYSE:PVH) shareholders are probably feeling a little disappointed, since its shares fell 2.7% to US$110 in the week after its latest third-quarter results. Results were roughly in line with estimates, with revenues of US$2.3b and statutory earnings per share of US$2.34. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.
Check out our latest analysis for PVH
Taking into account the latest results, PVH's 15 analysts currently expect revenues in 2026 to be US$8.79b, approximately in line with the last 12 months. Statutory per-share earnings are expected to be US$12.61, roughly flat on the last 12 months. In the lead-up to this report, the analysts had been modelling revenues of US$8.82b and earnings per share (EPS) of US$12.78 in 2026. The consensus analysts don't seem to have seen anything in these results that would have changed their view on the business, given there's been no major change to their estimates.
It will come as no surprise then, to learn that the consensus price target is largely unchanged at US$128. There's another way to think about price targets though, and that's to look at the range of price targets put forward by analysts, because a wide range of estimates could suggest a diverse view on possible outcomes for the business. Currently, the most bullish analyst values PVH at US$177 per share, while the most bearish prices it at US$103. Analysts definitely have varying views on the business, but the spread of estimates is not wide enough in our view to suggest that extreme outcomes could await PVH shareholders.
Looking at the bigger picture now, one of the ways we can make sense of these forecasts is to see how they measure up against both past performance and industry growth estimates. We would highlight that PVH's revenue growth is expected to slow, with the forecast 0.1% annualised growth rate until the end of 2026 being well below the historical 0.9% p.a. growth over the last five years. Compare this against other companies (with analyst forecasts) in the industry, which are in aggregate expected to see revenue growth of 6.2% annually. So it's pretty clear that, while revenue growth is expected to slow down, the wider industry is also expected to grow faster than PVH.
The most important thing to take away is that there's been no major change in sentiment, with the analysts reconfirming that the business is performing in line with their previous earnings per share estimates. Fortunately, the analysts also reconfirmed their revenue estimates, suggesting that it's tracking in line with expectations. Although our data does suggest that PVH's revenue is expected to perform worse than the wider industry. The consensus price target held steady at US$128, with the latest estimates not enough to have an impact on their price targets.
With that in mind, we wouldn't be too quick to come to a conclusion on PVH. Long-term earnings power is much more important than next year's profits. At Simply Wall St, we have a full range of analyst estimates for PVH going out to 2027, and you can see them free on our platform here..
You can also see whether PVH is carrying too much debt, and whether its balance sheet is healthy, for free on our platform here.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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