Coach Inc (COH)

COH (NYSE:Consumer Non-Durables) EQUITY
$34.53
pos +0.00
+0.00%
Today's Range: 33.62 - 34.64 | COH Avg Daily Volume: 5,461,500
Last Update: 02/12/16 - 4:01 PM EST
Volume: 0
YTD Performance: 5.50%
Open: $0.00
Previous Close: $33.63
52 Week Range: $27.22 - $43.87
Oustanding Shares: 277,696,178
Market Cap: 9,338,922,466
6-Month Chart
TheStreet Ratings Grade for COH
Buy Hold Sell
A+ A A- B+ B B- C+ C C- D+ D D- E+ E E- F
TheStreet Ratings is the source for accurate ratings that you can rely upon to make sound, informed financial decisions. Click here to find out about our methodology.
Analysts Ratings
Historical Rec Current 1 Mo. Ago 2 Mo. Ago 3 Mo. Ago
Strong Buy 12 12 10 10
Moderate Buy 0 0 0 0
Hold 9 10 11 11
Moderate Sell 1 1 1 1
Strong Sell 0 0 1 1
Mean Rec. 1.95 2.00 2.26 2.26
Latest Dividend: 0.34
Latest Dividend Yield: 4.01%
Dividend Ex-Date: 12/02/15
Price Earnings Ratio: 25.48
Price Earnings Comparisons:
COH Sector Avg. S&P 500
25.48 25.60 26.86
Price Performance History (%Change):
3 Mo 1 Yr 3 Y
15.02% -11.94% -29.54%
GROWTH 12 Mo 3 Yr CAGR
Revenue -12.80 -0.12 -0.04
Net Income -48.50 -0.61 -0.27
EPS -47.90 -0.59 -0.26
Earnings for COH:
EBITDA 0.81B
Revenue 4.19B
Average Earnings Estimates
Qtr (03/16) Qtr (06/16) FY (06/16) FY (06/17)
Average Estimate $0.41 $0.40 $1.90 $2.10
Number of Analysts 17 15 18 17
High Estimate $0.45 $0.44 $1.95 $2.36
Low Estimate $0.38 $0.36 $1.83 $1.83
Prior Year $0.36 $0.31 $1.92 $1.90
Growth Rate (Year over Year) 14.38% 29.68% -1.27% 10.63%
Chart Benchmark Timeframe
Average Frequency Indicator Chart
Scale Symbol Comparison Bollinger Bands
Again, I am endeavoring to be opportunistic (trading) in a market that is fragile,  too volatile and unpredictable to be comfortable with an abundance of many longer-term investments. At the bottom this afternoon, things looked dreadful. It was not easy to make a long trading rental and add to existing shorts. The S&P 500 ended at 1853, very close to my fair market value of 1860. The U.S. dollar weakened a bit after a five day period of consolidating against the euro. Bonds dropped by nearly 10 basis points in yield at the intermediate- and longer-term maturities. Non taxables were well-bid and closed-end municipal bond funds were slightly higher on the day. High yield was junky, reflecting systemic concerns in the European Union and China (large reserve pull down). iShares iBoxx $ High Yield  Corporate Bond Fund (HYG) was down 91 cents and SPDR Barclays High Yield Bond ETF (JNK) was down 40 cents. Blackstone/GSO Strategic Credit Fund (BGB) got pulled down and traded poorly. Gold fell from its highs but still closed $32.70 to the good. Silver was up 55 cents. I had been working on a positive thesis on gold but other projects got in the way, and I blew the opportunity as the price has risen on eight out of the 10 last trading days.   In agricultural commodities, wheat got schmeissed (down eight cents) and corn was down three cents. Lumber was flat. Crude closed down 84 cents, at $30.25, but natural gas was up six cents. Energy stocks, including Exxon Mobil (XOM) and Schlumberger (SLB), prospered today, despite a depressed commodity price. It might be foreshadowing better oil prices; we will see. Banks again were weaker as European institutions took a nosedive. I added to my large position. But life insurance wasn't any better, falling from the pressure of lower yields. I covered some MetLife (MET) and Lincoln National (LNC) shorts. Brokerages got caught in the systemic rumors and concerns and were lower on the day; I added to Morgan Stanley (MS) and Goldman Sachs (GS). Oaktree Capital Group (OAK) ended the day fractionally higher. Retail that I owned wasn't half bad; Best Buy (BBY) and Bed, Bath and Beyond (BBBY) closed higher, but Macy's (M) retreated by 60 cents. That said, remodeling favs Home Depot (HD) and Lowe's (LOW) continued the thrashing that accelerated on Friday. After the close, The Gap (GPS) reported that same-store sales were down 8%. However, its guidance was better than expected and the stock is rallying a small fraction after hours. Lululemon (LULU), Coach (COH) and Under Armour (UA) were all much weaker in a poor apparel space. Autos were mixed; Ford (F) was higher and General Motors (GM) lower. I wonder, after great gains on the short side, whether I am outstaying my welcome. But, I have taken down these shorts to small. Media was awful -- even good performer Comcast (CMCSA) faltered. New lows for Disney (DIS). Old tech was weak, led by Microsoft (MSFT) and Intel (INTC), but bounced off their lows along with the rest of the market. Staples were broadly higher, led by PG, which embodies the flight to safety.  Biotech was decimated. Valeant Pharmaceuticals (VRX) was down by another $6.50 and my spec fav Intrexon (XON) was down by a beaner. Allergan (AGN) hit a new recent low at $266. (T)FANG weakness and future were chronicled in my opening missive today. The acronym was lower, but Alphabet (GOOGL) and Netflix (NFLX) managed to rise modestly. Tesla (TSLA) got hit badly (down $14), as did Facebook (FB) and, to a lesser degree, Amazon (AMZN). NOSH was starving; Nike (NKE), O'Reilly Automotive (ORLY) and Home Depot (HD) were down bigtime. Starbucks (SBUX) rallied off the lows to end the day flat. CRABBY was mixed, led to the downside by Citigroup (C); I added it. Disease-like laggards Potash (POT) and Twitter (TWTR), which reports Wednesday, continued to lag.  iShares China Large-Cap (FXI) -- a Best Ideas List participant as a short -- doesn't have an uptick in it.  Apple's (AAPL) strength was conspicuous , up $1.20. During the day I added to many of my existing longs and added to new banks Regions Financial (RF) and BB&T (BBT); I put them on the Best Ideas List. Again, i see banks as multiyear plays and not as short-term trades. I also covered small positions in a broad list of my core shorts, including DIS, MET and LNC. As mentioned, I day traded an aggressive position in SPY for a profit. I will continue to try to accomplish that feat. I ended the day at market neutral. For the time being and assuming no change in fundamentals, I remain a SPY buyer between the capitulation low (two Wednesdays ago at $181.25 and about $183.50) and I remain a seller on strength above $185. I know that's a pretty tight range, which likely will be resolved s
We would expect a period of sideways consolidation before renewed strength and a rally to the low $40s.
COH has layers of support underneath that if retested will offer low-risk entry opportunities. 
Just look at the depressing earnings season.
Bullish
Jan 27, 2016 | 7:26 AM EST
Shares of COH now seen reaching $37, according to Credit Suisse. Estimates also increased, as management is cutting costs. Neutral rati...
Energy names were among the biggest winners Tuesday but even once-forgotten retailer Coach managed to post near double-digit gains.
What does the Macy's news mean for related retail names?
Chinese consumers may not be the gravy train that some U.S. multinationals portray them to be.
At many retailers, the crowds seem to be stronger than last year.
Its products are hot, but its valuation might be too much so and could cool on any slip in performance.

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