Movado Group Inc, ticker (MOV), is a small-cap New Jersey luxury goods maker in the consumer cyclical business sector. It is the first of five consumer cyclical candidates vying to be the fourth selection for my Viking folio. This is my very first report on Movado for any of my Dog of the Week portfolios.

Movado Group Inc designs, develop, sources, markets, and distributes fine watches in the United States and internationally. Movado Group, Inc. was founded in 1961 and is based in Paramus, New Jersey. The company was formerly known as North American Watch Corporation and changed its name to Movado Group, Inc. in 1996.

It operates through  (1) the Watch and Accessory Brands and (2) Company Stores segments.

The Watch and Accessory Brands segment includes the designing, manufacturing, and distribution of watches of quality owned brands and licensed brands.

Its Company Stores segment includes the company's retail outlet locations in the United States and Canada. As of January 31, 2022, it operated 51 retail outlet locations.

It generates maximum revenue from the Watch and Accessory Brands segment. Geographically, it derives the majority of revenue from its international presence.

Three key data points gauge Movado Group Inc:

(1) Price

(2) Dividends

(3) Returns

Those three basic keys best tell whether any company has made, is making, and will make money.

MOV Price

Movado’s price per share was $31.16 at Friday’s market close. In the past year, Movado’s share price fell by $2.98 or about 8.7%.

If Movado’s stock trades in the range of $24.00 to $40.00 this next year, its recent $31.16 per share price might reach $32.30 by next year. My upside increase estimate of $1.14 is based on the historical average annual price upside put forth by MOV over the past ten years.

MOV Dividends

Movado’s most recently declared quarterly dividend of $0.35 per share equals $1.40 annually and  casts a yield of 4.49%.

MOV Returns

Adding the $1.40 annual Movado dividend to my one-year price upside estimate of $1.14 shows a $2.54 potential gross gain per share.

At today’s $31.16 closing price, a little under $1000 would buy 32 shares.

A $10 broker fee (if charged), paid half at purchase and half at sale, might cost us $0.31 per share.

Subtract that maybe $0.31 brokerage cost from my estimated $2.54 gross gain per share results in a net gain of $2.23 X 32 shares = $71.36 for a 7.1% net gain including a 4.49% annual yield.

In a year our $1K investment in shares of Movado Group Inc could generate $44.90 in cash dividends. Of course, a single share of MOV stock at today's $31.16 share price is more than $13.74 less than the annual dividend income from our $1000.00 investment.

So, by my dogcatcher ideal, this is really a good time to buy MOV shares based on their dividends for the year 2022. The dividend from $1K invested is $13.74 more than MOV’s single share price. Consider yourself alerted. Now IS the time for Movado Group Inc.

All of the estimates above are speculation based on the past history of Movado Group Inc. Only time and money invested in this stock will determine its market value.

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