Coach (COH) stock prices updated...
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Coach stock price, COH
Coach stock chart:
Coach close price: 39.09
Stock price forecast:
DOWN TO -8.37%
Total forecasts: 89
Reached: 57 (64.04%)
Total Win: 33.77 (94.22%)
Showing 1-10 of 510 items.
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Coach latest news:
Buy a Momentum Ticket in Coach
Investors in handbag maker Coach have had a rough ride. Back in October, I thought the stock could reach the low $40s if the company could put together a decent quarter. After Coach reported second-quarter fiscal year 2017 results on Jan. 31, the stock surged to a seven-week high.
Coach shares jump 3.4% premarket as profit tops estimates
Luxury accessories and apparel brand Coach Inc. said Tuesday it had net income of $200 million, or 71 cents a share, in its fiscal second quarter, up from $170 million, or 61 cents a share, in the year-earlier period. Adjusted per-share earnings came to 75 cents, just ahead of the FactSet consensus of 74 cents. Sales rose 4% to $1.32 billion, matching the FactSet consensus. "We continued to grow our business
internationally, with notable strength in Europe and Mainland China,
which represent significant opportunities for our brands," Chief Executive Victor Luis said in a statement. Coach said it's sticking with its fiscal 2017 guidance for revenue to grow in the low-to-mid single digits. It is expecting double-digit growth in net income and earnings per share for the year. Shares were up 3.4% in premarket trade, but are down 2.9% in the last 12 months, while the S&P 500 has gained 17.5%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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