Timothy Michno - Movado Secretary, General Counsel

MOV Stock  USD 26.20  0.31  1.17%   

Executive

Mr. Timothy F. Michno is Secretary and General Counsel of Movado Group Inc. He joined the Company in 1992 and since then has served as its Secretary and General Counsel. He has practiced law since 1983. Immediately prior to joining the Company and since 1986, he was an associate at the New York firm of Chadbourne Parke. From 1988 to 1991, he served as a resident outside counsel to Fortune Brands, Inc., a consumer products company. since 1992.
Age 58
Tenure 32 years
Address 650 From Road, Paramus, NJ, United States, 07652-3556
Phone201 267 8000
Webhttps://www.movadogroup.com

Movado Management Efficiency

The company has Return on Asset of 0.044 % which means that on every $100 spent on assets, it made $0.044 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0924 %, implying that it generated $0.0924 on every 100 dollars invested. Movado's management efficiency ratios could be used to measure how well Movado manages its routine affairs as well as how well it operates its assets and liabilities. Return On Capital Employed is likely to climb to 0.14 in 2024, whereas Return On Tangible Assets are likely to drop 0.05 in 2024. At this time, Movado's Other Current Assets are fairly stable compared to the past year. Intangible Assets is likely to climb to about 9.9 M in 2024, whereas Non Current Assets Total are likely to drop slightly above 116.9 M in 2024.
The company has 92.09 M in debt with debt to equity (D/E) ratio of 0.17, which may show that the company is not taking advantage of profits from borrowing. Movado Group has a current ratio of 3.33, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Movado until it has trouble settling it off, either with new capital or with free cash flow. So, Movado's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Movado Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Movado to invest in growth at high rates of return. When we think about Movado's use of debt, we should always consider it together with cash and equity.

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Movado Group, Inc. designs, sources, markets, and distributes watches worldwide. Movado Group, Inc. was founded in 1961 and is based in Paramus, New Jersey. Movado operates under Luxury Goods classification in the United States and is traded on New York Stock Exchange. It employs 940 people. Movado Group (MOV) is traded on New York Stock Exchange in USA. It is located in 650 From Road, Paramus, NJ, United States, 07652-3556 and employs 1,089 people. Movado is listed under Apparel, Accessories & Luxury Goods category by Fama And French industry classification.

Management Performance

Movado Group Leadership Team

Elected by the shareholders, the Movado's board of directors comprises two types of representatives: Movado inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Movado. The board's role is to monitor Movado's management team and ensure that shareholders' interests are well served. Movado's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Movado's outside directors are responsible for providing unbiased perspectives on the board's policies.
Vivian Elia, Senior Vice President of Human Resources
Ann Kirschner, Independent Director
Joseph Faranda, VP PLA
Margot Grinberg, President ECommerce
Jon Step, Pres Brands
Alan Chinich, Advisor
Sallie DeMarsilis, Chief Financial Officer, Chief Operating Officer, Executive Vice President
Vivian DElia, VP HR
Maya Peterson, Director
Efraim Grinberg, Chairman of the Board, Chief Executive Officer
Francis Morelli, Senior Vice President Global Information Technology and Operations
Mitchell Sussis, Senior Vice President General Counsel, Secretary
Stephane Gerschel, Chief Officer
Maurice Reznik, Independent Director
Timothy Michno, Secretary, General Counsel
Frank Morelli, Senior Vice President - Global Business Processes, CIO
Behzad Soltani, Executive Vice President, Commercial President and Chief Technology Officer
Richard Isserman, Independent Director
Ricardo Quintero, President
Richard Cote, President COO, Director
Nathan Leventhal, Independent Director
Margaret Adame, Independent Director
Stephen Sadove, Independent Director
Linda Feeney, Senior Officer
Alexander Grinberg, Senior Vice President of Customer/Consumer Centric Initiatives, Director
Peter Bridgman, Independent Director
Loek Oprinsen, Commercial Brand
Michelle Kennedy, Senior Resources
Alan Howard, Lead Independent Director

Movado Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Movado a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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When determining whether Movado Group is a strong investment it is important to analyze Movado's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Movado's future performance. For an informed investment choice regarding Movado Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Movado Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

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When running Movado's price analysis, check to measure Movado's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Movado is operating at the current time. Most of Movado's value examination focuses on studying past and present price action to predict the probability of Movado's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Movado's price. Additionally, you may evaluate how the addition of Movado to your portfolios can decrease your overall portfolio volatility.
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Is Movado's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Movado. If investors know Movado will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Movado listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.47)
Dividend Share
1.4
Earnings Share
2.06
Revenue Per Share
30.269
Quarterly Revenue Growth
(0.07)
The market value of Movado Group is measured differently than its book value, which is the value of Movado that is recorded on the company's balance sheet. Investors also form their own opinion of Movado's value that differs from its market value or its book value, called intrinsic value, which is Movado's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Movado's market value can be influenced by many factors that don't directly affect Movado's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Movado's value and its price as these two are different measures arrived at by different means. Investors typically determine if Movado is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Movado's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.