Coach, Inc. Common Stock (NYSE:COH).
Equity analyst Morgan Stanley both downgraded the stock and raised the price target on September 14 changing the price objective from $27.00 to $32.00 and changing the rating from “Equal-weight” to “Underweight”. On September 14 the stock rating was downgraded from “Equal-weight” to “Underweight” with a current price target of $32.00 by Morgan Stanley.
Credit Suisse upgraded the stock and raised the price target on July 27 changing the price target from $37.00 to $47.00 and raising the rating from “Neutral” to “Outperform”. On July 27 the company was upgraded to “Outperform” from “Neutral” and a price target of $47.00 was set by analysts at Credit Suisse.
On July 18 the company was set at “” in a report from Baird a boost from the previous “” rating.
The company is up by 0.70 percent from yesterday’s close. The company recently declared a dividend for shareholders that will be paid on Monday the 3rd of October 2016. The dividend payment will be $0.338 per share for the quarter or $1.35 on an annualized basis. This dividend represents a yield of $3.75. The ex-dividend date will be Thursday September 8th, 2016.
Shares are trading at $35.90 which is just a bit below the 50 day moving average of $38.02 and a tad under the 200 day moving average of $39.56. The 50 day moving average was down $-2.12 and the 200 day average went down $-3.66 or -9.26%.
Coach, Inc. Common Stock currently has a P/E ratio of 21.76 and the market cap of the company is 10.01B. As of the latest earnings report the EPS was $1.65 and is estimated to be $2.16 for the current year with 278,942,000 shares currently outstanding. Analysts expect next quarter’s EPS will be $0.79 and the next full year EPS is anticipated to be $2.42.