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Coach stock price, COH
Coach stock chart:
Coach close price: 39.11
Stock price forecast:
DOWN TO -3.78%
Total forecasts: 81
Reached: 31 (38.27%)
Total Win: 11.14 (29.75%)
Showing 1-10 of 531 items.
|Date of Forecast||Stock Price||Target Price||Forecast Reached Date|
Coach latest news:
Kate Spade shares slide on report of more time needed for Coach bid
Kate Spade & Co. shares fell in the extended session Monday following a report the handbag and accessories maker needs more time to assess a buyout offer from Coach Inc. . Kate Spade shares fell 8% to $20.97 after hours, while shares of Coach advanced 1.8% to $41.36. Late Monday, Reuters reported Kate Spade needed a few more weeks negotiating after receiving a bid from Coach last week. Back in February, Kate Spade said it was exploring strategic alternatives. At Monday's close, Kate Spade shares had gained nearly 16% since the announcement in February.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.
South Carolina women win their first NCAA basketball title
South Carolina won its first women's NCAA basketball championship Sunday in Dallas, with a 67-55 victory over Mississippi State. The underdog Bulldogs couldn't continue their momentum after snapping Connecticut's 111-game winning streak Friday night. A'ja Williams led the Gamecocks with 23 points, as head coach Dawn Staley won her first NCAA title. Staley, a basketball Hall of Famer, had made three trips to the Final Four as a player. 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.
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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