NEW YORK, June 9, 2017 /PRNewswire/ --
Today's research on DailyStockTracker.com is focused on NIKE Inc. (NYSE: NKE), Skechers U.S.A. Inc. (NYSE: SKX), Coach Inc. (NYSE: COH), and Wolverine World Wide Inc. (NYSE: WWW). Textile Apparel Footwear and Accessories companies are structured as corporations and, on average, offer average dividend yields that are in-line with the wider market. Take a look at the free research reports issued today on DailyStockTracker.com for these stocks by signing up at:
On Thursday, shares in Beaverton, Oregon headquartered NIKE Inc. recorded a trading volume of 7.76 million shares. The stock ended the day at $53.20, declining 0.06% from the last trading session. The Company's shares have advanced 4.66% on an YTD basis. The stock is trading below its 200-day moving average by 1.33%. Furthermore, shares of NIKE, which together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, and accessories worldwide, have a Relative Strength Index (RSI) of 50.25.
On May 16th, 2017, research firm Berenberg initiated a 'Buy' rating on the Company's stock, with a target price of $70 per share.
On June 01st, 2017, NIKE announced that it plans to release its Q4 FY17 financial results on June 29th, 2017, at approximately 1:15 p.m. PT, following the close of regular stock market trading hours. Following the news release, management will host a conference call beginning at 2:00 p.m. PT to review results. Sign up and read the free research report on NKE at:
Manhattan Beach, California headquartered Skechers U.S.A. Inc.'s stock rose 1.14%, finishing yesterday's session at $26.70 with a total trading volume of 2.67 million shares. The Company's shares have gained 9.88% in the last month, 3.77% over the previous three months, and 8.62% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 5.38% and 9.07%, respectively. Additionally, shares of Skechers, which designs, develops, markets, and distributes footwear for men, women, and children; and performance footwear for men and women under the Skechers GO brand worldwide, have an RSI of 63.08.
On May 22nd, 2017, Skechers USA announced that the Company has been named Mainstream Women's Brand of the Year at the 2017 Drapers Footwear Awards. The Company was also recently awarded as Brand of the Year during the 2017 Footwear Industry Awards in February.
On June 05th, 2017, research firm Susquehanna upgraded the Company's stock rating from 'Neutral' to 'Positive'. The complimentary research report on SKX can be downloaded at:
Shares in New York headquartered Coach Inc. ended the session 0.30% higher at $46.49. The stock recorded a trading volume of 3.31 million shares. The Company's shares have gained 2.85% in the last one month, 20.82% over the previous three months, and 32.75% on an YTD basis. The stock is trading 8.88% above its 50-day moving average and 20.95% above its 200-day moving average. Moreover, shares of Coach, which provides luxury accessories and lifestyle brands, have an RSI of 68.67.
On May 15th, 2017, research firm Deutsche Bank upgraded the Company's stock rating from 'Hold' to 'Buy' while revising its previous target price from $40 a share to $54 a share.
On May 19th, 2017, Coach announced that its Board of Directors has declared a quarterly cash dividend of $0.3375 per common share. The dividend is payable on July 05th, 2017 to shareholders of record as of the close of business on June 09th, 2017. Register for free on DailyStockTracker.com and access the latest report on COH at:
Wolverine World Wide
At the closing bell on Thursday, Rockford, Michigan-based Wolverine World Wide Inc.'s ("WWW") stock climbed 2.20%, finishing at $26.52. A total volume of 935,092 shares was traded, which was above their three months average volume of 790,250 shares. The Company's shares have gained 8.78% in the last month, 5.62% over the previous three months, and 20.82% on an YTD basis. The stock is trading 6.96% and 12.13% above its 50-day and 200-day moving averages, respectively. Additionally, shares of WWW, which designs, manufactures, sources, markets, licenses, and distributes footwear, apparel, and accessories, have an RSI of 66.14.
On May 17th, 2017, research firm Robert W. Baird upgraded the Company's stock rating from 'Neutral' to 'Outperform' while revising its previous target price from $29 a share to $30 a share.
On May 31st, 2017, WWW announced that it has agreed to enter into a global, multi-year licensing agreement of the Stride Rite brand to Vida Shoes International. This license agreement and the newly created Wolverine Children's Group, which will focus on the growing children's business for the Company's portfolio of brands, are the next steps in WWW's WAY FORWARD strategic transformation aimed at enhancing its consumer obsession, product innovation, and financial performance in the near and long-term. Get free access to your research report on WWW at:
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