Analyst Ratings for Coach Inc. (COH)Updated: 2017-07-29
Shares of Coach Inc. (NYSE:COH) have received a consensus rating of Overweight from Wall Street analysts. Last month, COH received an average rating of Overweight.
A buy rating was issued by 22 analysts, 1 gave an overweight rating, 9 gave a hold rating, 0 issued an underweight rating, and 1 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 4. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
A number of analysts gave price targets for COH. The most optimistic price target was 59, implying a possible profit of 21.17 percent. The most pessimistic price target was 34, which equates to a potential downside of -30.17 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. The average change in earnings estimates over the last 90 days is -2.96 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 0.23 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 2 analysts revised their estimates downwards. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 2 analysts that revised their FY estimates downwards.
Analysts estimate earnings of COH to grow at a rate of 32.33 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers in the industry. COH has a PEG ratio of 0.81.
COH has traded between a high of 48.85 and a low of 34.07 over the past year. Today's price is 42.91 percent above the 52-week low, and 0.33 percent below the high. COH has a P/E ratio of 26.32. Investors typically compare the P/E ratio to a company's peers in the industry. The COH value stock report compares COH to some of its peers using value stock charts. The market cap of COH is $13.49 billion. COH will post this quarters earnings in days, on 0000-00-00.