Coach (COH) Earns Media Sentiment Rating of 0.10
News articles about Coach (NYSE:COH) have been trending somewhat positive on Thursday, Alpha One reports. Alpha One, a subsidiary of Accern, rates the sentiment of media coverage by monitoring more than 20 million news and blog sources in real time. Alpha One ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Coach earned a coverage optimism score of 0.10 on Alpha One’s scale. Alpha One also assigned headlines about the luxury accessories retailer an impact score of 28 out of 100, meaning that recent media coverage is unlikely to have an effect on the company’s share price in the near future.
Here are some of the headlines that may have effected AlphaOne Sentiment Analysis’s rankings:
- Investors Buy High Volume of Call Options on Coach (COH) (americanbankingnews.com)
- $0.44 EPS Expected for Coach Inc (COH) This Quarter (americanbankingnews.com)
- Coach’s (COH) Hold Rating Reiterated at BMO Capital Markets (americanbankingnews.com)
- Small Luxury Stocks For All-Weather Investors (finance.yahoo.com)
- Coachella revelers use ‘Find my iPhone’ app to locate man with 100 stolen cellphones (cnbc.com)
Shares of Coach (NYSE:COH) traded up 0.94% during mid-day trading on Thursday, hitting $39.78. The stock had a trading volume of 3,598,622 shares. The stock has a market cap of $11.16 billion, a price-to-earnings ratio of 21.83 and a beta of 0.49. The firm’s 50-day moving average price is $39.47 and its 200 day moving average price is $37.32. Coach has a 12-month low of $34.07 and a 12-month high of $43.71. Coach also was the recipient of unusually large options trading on Monday. Traders acquired 6,348 call options on the stock. This represents an increase of 258% compared to the typical daily volume of 1,773 call options.
Coach (NYSE:COH) last posted its earnings results on Tuesday, January 31st. The luxury accessories retailer reported $0.75 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.74 by $0.01. The firm had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.32 billion. Coach had a return on equity of 21.66% and a net margin of 11.24%. The company’s revenue for the quarter was up 3.8% on a year-over-year basis. During the same period in the previous year, the company posted $0.68 earnings per share. Equities analysts forecast that Coach will post $2.15 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which was paid on Monday, April 3rd. Shareholders of record on Friday, March 10th were issued a dividend of $0.3375 per share. The ex-dividend date of this dividend was Wednesday, March 8th. This represents a $1.35 annualized dividend and a yield of 3.39%. Coach’s dividend payout ratio is presently 74.18%.
COH has been the topic of a number of research analyst reports. Vetr lowered Coach from a “strong-buy” rating to a “buy” rating and set a $39.45 price target on the stock. in a research note on Tuesday, January 17th. Wedbush reaffirmed a “neutral” rating and issued a $38.00 price objective on shares of Coach in a research note on Tuesday, March 21st. Piper Jaffray Companies reduced their price objective on Coach from $44.00 to $43.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 1st. Goldman Sachs Group Inc raised Coach from a “sell” rating to a “neutral” rating and set a $36.00 price objective on the stock in a research note on Thursday, February 2nd. Finally, Wells Fargo & Co reaffirmed an “outperform” rating and issued a $47.00 price objective on shares of Coach in a research note on Wednesday, March 8th. One analyst has rated the stock with a sell rating, eleven have issued a hold rating, nineteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of $44.08.
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Coach Company Profile
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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