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Investing in Movado Group Inc. (MOV)

Valuation methodValue, $Upside, %
Artificial intelligence (AI)98.50278
Intrinsic value (DCF)56.73118
Graham-Dodd Method51.3097
Graham Formula0.00-100

Company description

MOV, also known as Movado Group, Inc., is an American company that specializes in the design, manufacture, and distribution of luxury watches. The company was founded in 1961 and is headquartered in Paramus, New Jersey. They are known for their iconic museum dial watch, designed by artist Nathan George Horwitt, which features a solitary dot at 12 o'clock, symbolizing the sun at high noon. MOV offers a wide range of luxury watch brands, including Movado, TC, Ebel, and Concord, catering to various price points and styles. In addition to watches, the company also offers jewelry, handbags, and other fashion accessories. They sell their products in over 70 countries through various retail channels, including department stores, specialty stores, and their own online and physical retail stores. MOV prides itself on its commitment to sustainable practices and has a strong focus on social responsibility and philanthropy, supporting various charitable causes and organizations. With over 50 years in the industry, MOV continues to be a leader in the luxury watch market, constantly evolving and incorporating new technologies and designs to stay at the forefront of fashion and innovation.
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