Daily Technical Summary Reports on Textile Stocks -- NIKE, Coach, Foot Locker, and Skechers
28 Aug, 2017, 06:25 ET
NEW YORK, August 28, 2017 /PRNewswire/ --
If you want a Stock Review on NKE, COH, FL, or SKX then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. Textile Apparel Footwear and Accessories companies design, manufacture, and retail fashion products related to footwear, along with other equipment and accessories. They are structured as corporations and, on average, offer average dividend yields that are in-line with the wider market. This morning, DailyStockTracker.com covers the performances of NIKE Inc. (NYSE: NKE), Coach Inc. (NYSE: COH), Foot Locker Inc. (NYSE: FL), and Skechers U.S.A. Inc. (NYSE: SKX). Register now and get full and free access to these DailyStockTracker.com research reports at:
Beaverton, Oregon headquartered NIKE Inc.'s shares recorded a trading volume of 6.41 million shares last Friday. The stock finished the trading session 0.11% higher at $53.90. The Company's shares have gained 2.49% over the previous three months and 6.04% since the start of this year. The stock is trading below its 200-day moving average by 1.34%. 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 34.89.
On August 10th, 2017, NIKE announced that its Board of Directors has declared a quarterly cash dividend of $0.18 per share on the Company's outstanding Class A and Class B Common Stock, payable on October 02nd, 2017, to shareholders of record at the close of business on September 05th, 2017.
On August 21st, 2017, research firm Jefferies downgraded the Company's stock rating from 'Buy' to 'Hold'. Access our complete research report on NKE for free at:
On Friday, New York headquartered Coach Inc.'s stock ended the session 1.36% higher at $41.88. A total volume of 2.47 million shares was traded. The Company's shares have gained 19.59% on an YTD basis. The stock is trading 1.93% above its 200-day moving average. Moreover, shares of Coach, which provides luxury accessories and lifestyle brands, have an RSI of 35.90.
On August 15th, 2017, Coach reported Q4 results for the period ended July 01st, 2017. For the quarter, net sales totaled $1.13 billion; gross profit totaled $755 million; and operating income totaled $193 million. For Q4 2017, SG&A expenses totaled $562 million; net interest expense was $14 million; and net income totaled $152 million.
On August 16th, 2017, research firm UBS reiterated its 'Buy' rating on the Company's stock with a decrease of the target price from $55 a share to $50 a share. The complimentary research report on COH can be downloaded at:
New York headquartered Foot Locker Inc.'s stock ended the day 3.19% higher at $35.88 with a total trading volume of 4.63 million shares. The Company's shares are trading 23.87% below their 50-day moving average. Shares of the Company, which through its subsidiaries, operate as an athletic shoes and apparel retailer, have an RSI of 32.13.
On August 16th, 2017, Foot Locker announced that its Board of Directors declared a quarterly cash dividend on the Company's common stock of $0.31 per share, which will be payable on October 27th, 2017, to shareholders of record on October 13th, 2017.
On August 22nd, 2017, research firm FBR & Co. reiterated its 'Neutral' rating on the Company's stock with a decrease of the target price from $58 a share to $40 a share. Register for free on DailyStockTracker.com and get access to the latest report on FL at:
Shares in Manhattan Beach, California headquartered Skechers USA Inc. recorded a trading volume of 1.51 million shares. The stock ended Friday's session 1.40% higher at $27.55. The Company's shares have gained 10.73% over the previous three months and 12.08% since the start of this year. The stock is trading above its 200-day moving average by 5.96%. Furthermore, shares of Skechers USA, 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 46.43.
On August 23rd, 2017, Skechers USA announced that the recently retired superstar Dallas Cowboys quarterback Tony Romo will be wearing the Brand's men's footwear in a multi-platform, global marketing campaign set to launch later this year. Romo joins a roster of Company athletes that currently includes baseball slugger David Ortiz, boxer Sugar Ray Leonard, plus football legends like Joe Montana and Howie Long. Download your free research report on SKX at:
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