Coach (NYSE:COH) announced a quarterly dividend on Friday, November 15th, AnalystRatings.Net reports. Shareholders of record on Friday, December 6th will be paid a dividend of 0.3375 per share on Friday, January 3rd. This represents a $1.35 annualized dividend and a dividend yield of 2.52%.
A number of analysts have recently weighed in on COH shares. Analysts at Cantor Fitzgerald reiterated a “sell” rating on shares of Coach in a research note to investors on Sunday, November 10th. They now have a $46.00 price target on the stock. On the ratings front, analysts at Canaccord Genuity reiterated a “buy” rating on shares of Coach in a research note to investors on Sunday, November 10th. They now have a $65.00 price target on the stock. Three research analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and sixteen have assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $58.43.
Shares of Coach (NYSE:COH) opened at 53.65 on Friday. Coach has a one year low of $45.87 and a one year high of $61.94. The stock’s 50-day moving average is $52.67 and its 200-day moving average is $55.42. The company has a market cap of $15.047 billion and a P/E ratio of 14.85.
Coach (NYSE:COH) last issued its quarterly earnings data on Tuesday, October 22nd. The company reported $0.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.76 by $0.01. The company had revenue of $1.15 billion for the quarter, compared to the consensus estimate of $1.19 billion. During the same quarter in the previous year, the company posted $0.77 earnings per share. The company’s revenue for the quarter was down .9% on a year-over-year basis. On average, analysts predict that Coach will post $3.47 earnings per share for the current fiscal year.
Coach, Inc (NYSE:COH), is a marketer of fine accessories and gifts for women and men.
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