Company Update (NYSE:COH): Coach, Inc. to Host Third Quarter of Fiscal Year Earnings Call

[Business Wire] – On Tuesday, April 26, 2016 at 8:30 a.m. , Coach, Inc. will hold a conference call to discuss the company’s third quarter results and strategic initiatives, which will be reported via press release earlier that morning. Read more on this. Coach, Inc. (COH) , currently valued at $11.11B, began trading this morning at $40.06. Looking at the stock, its one day range is $39.85 to $40.58 with a one year range of $27.22 to $43.45. COH shares are currently priced at 20.86x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 13.30x earnings multiple. The company pays shareholders $1.35 per share in dividend income per year, for a current yield of 3.46%. According to a consensus of 31 analysts, the earnings estimate of $0.41 per share would be $0.05 better than the year-ago quarter and a $0.01 sequential increase. Furthermore, our analysis shows the full-year EPS estimate to be $1.90, which would be a $0.02 worse when compared to the last year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $1.02 Billion. If realized, that would be a 9.76% increase over the year-ago quarter. Recently, Miller Tabak Initiated COH at Hold (Apr 8, 2016). Previously, BB&T Capital Mkts upgraded COH from Underweight to Hold. Given all the information above, we should disclose to readers that the average price target is $39.68, which is 0.95% below than it opened this morning. See more in (NYSE:COH) Similar Articles: Market Update (NYSE:COH): Coach, Inc. Declares Quarterly Cash Dividend Company Update (NYSE:COH): Coach, Inc. Reports Fiscal 2016 First Quarter Results Market Update: Coach Inc (NYSE:COH) – Coach, Inc. to Host First Quarter of Fiscal Year Earnings Call