Coach (NYSE: COH) recently received a number of ratings updates from brokerages and research firms:

  • 10/3/2017 – Coach was downgraded by analysts at Wolfe Research from an “outperform” rating to a “market perform” rating.
  • 10/1/2017 – Coach was given a new $52.00 price target on by analysts at Robert W. Baird. They now have a “buy” rating on the stock.
  • 9/28/2017 – Coach had its “buy” rating reaffirmed by analysts at Cowen and Company. They now have a $46.00 price target on the stock.
  • 9/19/2017 – Coach is now covered by analysts at Barclays PLC. They set an “equal weight” rating and a $45.00 price target on the stock.
  • 9/16/2017 – Coach had its “hold” rating reaffirmed by analysts at Jefferies Group LLC. They now have a $42.00 price target on the stock.
  • 9/13/2017 – Coach was downgraded by analysts at Vetr from a “strong-buy” rating to a “buy” rating. They now have a $45.90 price target on the stock.
  • 9/12/2017 – Coach is now covered by analysts at Sanford C. Bernstein. They set an “outperform” rating and a $51.00 price target on the stock.
  • 8/18/2017 – Coach had its “buy” rating reaffirmed by analysts at Buckingham Research. They now have a $56.00 price target on the stock, down previously from $58.00.
  • 8/18/2017 – Coach had its “buy” rating reaffirmed by analysts at Robert W. Baird. They now have a $52.00 price target on the stock, down previously from $54.00.
  • 8/17/2017 – Coach had its price target lowered by analysts at UBS AG from $55.00 to $50.00. They now have a “buy” rating on the stock.
  • 8/16/2017 – Coach had its price target lowered by analysts at Royal Bank Of Canada from $50.00 to $46.00. They now have an “outperform” rating on the stock.
  • 8/16/2017 – Coach had its “outperform” rating reaffirmed by analysts at Credit Suisse Group. They now have a $51.00 price target on the stock, down previously from $55.00.
  • 8/16/2017 – Coach had its “buy” rating reaffirmed by analysts at Canaccord Genuity. They now have a $56.00 price target on the stock, down previously from $59.00.
  • 8/16/2017 – Coach had its “overweight” rating reaffirmed by analysts at Piper Jaffray Companies. They now have a $48.00 price target on the stock, down previously from $52.00.
  • 8/16/2017 – Coach was given a new $53.00 price target on by analysts at Nomura. They now have a “buy” rating on the stock.
  • 8/16/2017 – Coach had its “buy” rating reaffirmed by analysts at Instinet. They now have a $53.00 price target on the stock, down previously from $55.00.
  • 8/16/2017 – Coach had its price target raised by analysts at Morgan Stanley from $34.00 to $35.00. They now have an “underweight” rating on the stock.
  • 8/15/2017 – Coach was given a new $42.00 price target on by analysts at Jefferies Group LLC. They now have a “hold” rating on the stock.
  • 8/15/2017 – Coach was given a new $55.00 price target on by analysts at Oppenheimer Holdings Inc.. They now have a “buy” rating on the stock.
  • 8/14/2017 – Coach was upgraded by analysts at Vetr from a “sell” rating to a “hold” rating. They now have a $45.98 price target on the stock.
  • 8/11/2017 – Coach had its “buy” rating reaffirmed by analysts at UBS AG. They now have a $50.00 price target on the stock, down previously from $55.00.
  • 8/8/2017 – Coach was given a new $42.00 price target on by analysts at BMO Capital Markets. They now have a “hold” rating on the stock.
  • 8/7/2017 – Coach was downgraded by analysts at Vetr from a “hold” rating to a “sell” rating. They now have a $45.98 price target on the stock.

Coach, Inc. (NYSE:COH) traded down 2.07% during midday trading on Tuesday, hitting $39.83. 4,438,008 shares of the stock traded hands. The firm’s 50 day moving average is $41.04 and its 200-day moving average is $43.61. Coach, Inc. has a 12-month low of $34.07 and a 12-month high of $48.85. The stock has a market capitalization of $11.26 billion, a PE ratio of 19.06 and a beta of 0.44.

Coach (NYSE:COH) last released its quarterly earnings results on Tuesday, August 15th. The luxury accessories retailer reported $0.50 earnings per share for the quarter, beating analysts’ consensus estimates of $0.49 by $0.01. The company had revenue of $1.13 billion during the quarter, compared to the consensus estimate of $1.15 billion. Coach had a net margin of 13.17% and a return on equity of 21.31%. The firm’s quarterly revenue was down 1.8% on a year-over-year basis. During the same period in the previous year, the business earned $0.45 earnings per share. On average, analysts anticipate that Coach, Inc. will post $2.38 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Monday, October 2nd. Investors of record on Friday, September 8th were given a dividend of $0.3375 per share. This represents a $1.35 dividend on an annualized basis and a yield of 3.39%. The ex-dividend date was Thursday, September 7th. Coach’s dividend payout ratio is currently 64.59%.

In other Coach news, SVP Melinda Brown sold 8,250 shares of Coach stock in a transaction on Tuesday, September 12th. The stock was sold at an average price of $41.28, for a total value of $340,560.00. Following the completion of the transaction, the senior vice president now directly owns 42,884 shares of the company’s stock, valued at approximately $1,770,251.52. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Todd Kahn sold 4,586 shares of Coach stock in a transaction on Wednesday, August 23rd. The shares were sold at an average price of $40.85, for a total value of $187,338.10. Following the completion of the transaction, the chief accounting officer now directly owns 72,412 shares of the company’s stock, valued at $2,958,030.20. The disclosure for this sale can be found here. Corporate insiders own 0.81% of the company’s stock.

Coach, Inc (Coach) is a design house of luxury accessories and lifestyle collections. The Company’s product offering uses a range of leathers, fabrics and materials. Its segments include North America, International and Stuart Weitzman. The North America segment includes sales of Coach brand products to North American customers through Coach-operated stores (including the Internet) and sales to North American wholesale customers.

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