Best Luxury Goods Stocks To Watch Today – November 6th

NIKE, Tapestry, Ralph Lauren, ON, lululemon athletica, V.F., and Deckers Outdoor are the seven Luxury Goods stocks to watch today, according to MarketBeat’s stock screener tool. “Luxury goods stocks” are shares of companies that make or sell premium products such as designer fashion, jewelry, watches, and high-end accessories. Investors often view them as consumer-discretionary stocks, whose performance can depend on affluent consumers’ spending, brand strength, and economic conditions. These companies had the highest dollar trading volume of any Luxury Goods stocks within the last several days.

NIKE (NKE)

NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, accessories, and services worldwide. The company provides athletic and casual footwear, apparel, and accessories under the Jumpman trademark; and casual sneakers, apparel, and accessories under the Converse, Chuck Taylor, All Star, One Star, Star Chevron, and Jack Purcell trademarks.

Shares of NKE traded down $0.99 during trading hours on Friday, hitting $38.56. 13,910,562 shares of the company were exchanged, compared to its average volume of 24,660,301. The company has a quick ratio of 1.39, a current ratio of 2.07 and a debt-to-equity ratio of 0.39. NIKE has a fifty-two week low of $31.97 and a fifty-two week high of $69.14. The company has a market cap of $57.28 billion, a price-to-earnings ratio of 18.53, a P/E/G ratio of 4.73 and a beta of 1.01. The firm’s fifty day moving average is $36.90 and its 200 day moving average is $45.76.

Tapestry (TPR)

Tapestry, Inc. provides luxury accessories and branded lifestyle products in the United States, Japan, Greater China, and internationally. The company operates in three segments: Coach, Kate Spade, and Stuart Weitzman. It offers women’s handbags; and women’s accessories, such as small leather goods which includes mini and micro handbags, money pieces, wristlets, pouches, and cosmetic cases, as well as novelty accessories including address books, time management and travel accessories, sketchbooks, and portfolios; and belts, key rings, and charms.

TPR stock traded up $0.50 during midday trading on Friday, reaching $134.67. The company had a trading volume of 1,576,240 shares, compared to its average volume of 2,599,039. The company has a market capitalization of $26.85 billion, a price-to-earnings ratio of 18.47, a price-to-earnings-growth ratio of 1.58 and a beta of 1.44. The stock has a 50 day moving average price of $117.21 and a 200-day moving average price of $136.93. Tapestry has a 1-year low of $99.00 and a 1-year high of $164.80. The company has a debt-to-equity ratio of 3.44, a current ratio of 1.75 and a quick ratio of 1.25.

Ralph Lauren (RL)

Ralph Lauren Corporation designs, markets, and distributes lifestyle products in North America, Europe, Asia, and internationally. The company offers apparel, including a range of men’s, women’s, and children’s clothing; footwear and accessories, which comprise casual shoes, dress shoes, boots, sneakers, sandals, eyewear, watches, fashion and fine jewelry, scarves, hats, gloves, and umbrellas, as well as leather goods, such as handbags, luggage, small leather goods, and belts; home products consisting of bed and bath lines, furniture, fabric and wallcoverings, floor coverings, lighting, tabletop, kitchen linens, floor coverings, dining, decorative accessories, and giftware; and fragrances.

Ralph Lauren stock traded down $5.11 during trading hours on Friday, reaching $376.67. 430,260 shares of the stock were exchanged, compared to its average volume of 638,661. The company has a market cap of $22.44 billion, a P/E ratio of 23.70, a price-to-earnings-growth ratio of 1.86 and a beta of 1.30. The company has a current ratio of 2.04, a quick ratio of 1.42 and a debt-to-equity ratio of 0.53. Ralph Lauren has a twelve month low of $315.71 and a twelve month high of $421.60. The stock has a 50 day moving average of $363.44 and a two-hundred day moving average of $367.66.

ON (ONON)

On Holding AG engages in the development and distribution of sports products such as footwear, apparel, and accessories for high-performance running, outdoor, all-day activities, and tennis. It sells its products worldwide through independent retailers and global distributors, its own online presence, and its own stores.

ONON stock traded down $0.31 during mid-day trading on Friday, hitting $37.23. The stock had a trading volume of 3,660,426 shares, compared to its average volume of 7,228,596. The firm has a fifty day simple moving average of $31.33 and a 200 day simple moving average of $36.55. The firm has a market capitalization of $23.76 billion, a P/E ratio of 25.35, a P/E/G ratio of 0.76 and a beta of 2.05. The company has a current ratio of 2.83, a quick ratio of 2.25 and a debt-to-equity ratio of 0.25. ON has a 52 week low of $26.36 and a 52 week high of $51.08.

lululemon athletica (LULU)

Lululemon Athletica Inc., together with its subsidiaries, designs, distributes, and retails athletic apparel, footwear, and accessories under the lululemon brand for women and men. It offers pants, shorts, tops, and jackets for healthy lifestyle, such as yoga, running, training, and other activities.

LULU traded down $1.01 during trading on Friday, hitting $110.76. 1,114,307 shares of the stock traded hands, compared to its average volume of 3,663,061. The business has a 50 day moving average price of $102.25 and a 200 day moving average price of $132.63. lululemon athletica has a twelve month low of $90.38 and a twelve month high of $225.98. The company has a market cap of $12.83 billion, a price-to-earnings ratio of 9.08, a PEG ratio of 2.67 and a beta of 0.84.

V.F. (VFC)

VF Corp. engages in the business of producing and marketing apparel, footwear, and accessories. It operates through the following segments: Outdoor, Active, Work, and Other. The Outdoor segment includes authentic outdoor-based lifestyle brands such as performance-based and outdoor apparel, footwear, and equipment.

Shares of VFC stock traded up $0.01 on Friday, hitting $20.32. 5,780,046 shares of the company’s stock were exchanged, compared to its average volume of 7,780,353. The company has a 50 day moving average of $15.18 and a 200 day moving average of $16.97. The stock has a market cap of $8.00 billion, a P/E ratio of 22.08, a price-to-earnings-growth ratio of 0.88 and a beta of 1.49. The company has a debt-to-equity ratio of 1.48, a current ratio of 1.47 and a quick ratio of 0.85. V.F. has a 12 month low of $12.45 and a 12 month high of $22.27.

Deckers Outdoor (DECK)

Deckers Outdoor Corporation, together with its subsidiaries, designs, markets, and distributes footwear, apparel, and accessories for casual lifestyle use and high-performance activities in the United States and internationally. The company offers premium footwear, apparel, and accessories under the UGG brand name; footwear, apparel, and accessories for ultra-runners and athletes under the HOKA brand name; and sandals, shoes, and boots under the Teva brand name.

Shares of DECK traded down $1.20 during mid-day trading on Friday, reaching $86.55. The company had a trading volume of 1,159,705 shares, compared to its average volume of 2,581,972. The company has a market capitalization of $11.55 billion, a price-to-earnings ratio of 11.49, a P/E/G ratio of 1.43 and a beta of 1.10. The company’s 50 day simple moving average is $82.33 and its 200 day simple moving average is $98.96. Deckers Outdoor has a 1-year low of $77.20 and a 1-year high of $122.29.