Coach opened at 48.22 on Monday. Coach has a 1-year low of $45.87 and a 1-year high of $79.70. The stock’s 50-day moving average is currently $51.52. The company has a market cap of $13.539 billion and a price-to-earnings ratio of 13.30.
Coach last issued its quarterly earnings data on Wednesday, January 23rd. The company reported $1.23 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.29 by $0.06. The company had revenue of $1.50 billion for the quarter, compared to the consensus estimate of $1.60 million. During the same quarter last year, the company posted $1.18 earnings per share. Coach’s revenue was up 3.8% compared to the same quarter last year. Analysts expect that Coach will post $3.71 EPS for the current fiscal year.
A number of other firms have also recently commented on COH. Analysts at Cowen initiated coverage on shares of Coach in a research note to investors on Tuesday, February 26th. They set a “neutral” rating on the stock. Separately, analysts at Atlantic Securities reiterated an “overweight” rating on shares of Coach in a research note to investors on Friday, February 15th. They now have a $68.00 price target on the stock. Finally, analysts at TheStreet reiterated a “buy” rating on shares of Coach in a research note to investors on Friday, February 8th.
Fifteen analysts have rated the stock with a buy rating, five have issued an overweight rating, fifteen have given a hold rating, and one has assigned a sell rating to the stock. The stock currently has a consensus rating of “overweight” and a consensus target price of $61.29.
The company also recently announced a quarterly dividend, which is scheduled for Monday, April 1st. Investors of record on Friday, March 8th will be paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 2.49%. The ex-dividend date is Wednesday, March 6th.
Coach, Inc. (Coach), is a marketer of fine accessories and gifts for women and men. Coach’s product offerings include women’s and men’s bag, accessories, business cases, footwear, wearables, jewelry, sunwear, travel bags, watches and fragrance.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.