Somewhat Positive News Coverage Somewhat Unlikely to Impact Coach (COH) Share Price

News coverage about Coach (NYSE:COH) has trended somewhat positive this week, AlphaOne Sentiment Analysis reports. AlphaOne, a unit of Accern, ranks the sentiment of media coverage by reviewing more than twenty million news and blog sources in real-time. AlphaOne ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Coach earned a news sentiment score of 0.04 on AlphaOne’s scale. AlphaOne also gave media coverage about the luxury accessories retailer an impact score of 44 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

These are some of the headlines that may have impacted Alpha One’s analysis:

Insider Buying and Selling by Quarter for Coach (NYSE:COH)

A number of analysts have recently issued reports on COH shares. Oppenheimer Holdings, Inc. reaffirmed a “buy” rating on shares of Coach in a report on Thursday, April 6th. Piper Jaffray Companies set a $43.00 price target on shares of Coach and gave the company a “buy” rating in a report on Monday, March 20th. Vetr raised shares of Coach from a “hold” rating to a “buy” rating and set a $41.20 price target on the stock in a report on Monday, March 20th. Royal Bank of Canada reaffirmed a “buy” rating and set a $42.00 price target on shares of Coach in a report on Monday, April 3rd. Finally, BlueFin Research set a $46.00 price target on shares of Coach and gave the company a “buy” rating in a report on Saturday, April 1st. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and nineteen have assigned a buy rating to the company. The stock has an average rating of “Buy” and an average target price of $46.83.

Shares of Coach (COH) traded up 0.35% during mid-day trading on Friday, hitting $46.23. 3,525,392 shares of the stock were exchanged. The company has a 50-day moving average price of $45.13 and a 200-day moving average price of $39.62. Coach has a 12 month low of $34.07 and a 12 month high of $47.30. The stock has a market cap of $13.00 billion, a price-to-earnings ratio of 24.96 and a beta of 0.36.

Coach (NYSE:COH) last issued its quarterly earnings data on Tuesday, May 2nd. The luxury accessories retailer reported $0.46 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.44 by $0.02. The firm had revenue of $995.20 million during the quarter, compared to the consensus estimate of $1.02 billion. Coach had a return on equity of 21.36% and a net margin of 11.55%. The company’s quarterly revenue was down 3.7% on a year-over-year basis. During the same period last year, the company earned $0.44 EPS. Equities analysts expect that Coach will post $2.15 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 5th. Investors of record on Friday, June 9th will be given a dividend of $0.3375 per share. This represents a $1.35 dividend on an annualized basis and a dividend yield of 2.92%. The ex-dividend date is Wednesday, June 7th. Coach’s payout ratio is 72.97%.

In related news, insider Andre Cohen sold 2,988 shares of the firm’s stock in a transaction dated Tuesday, May 23rd. The stock was sold at an average price of $46.06, for a total transaction of $137,627.28. Following the completion of the transaction, the insider now directly owns 43,198 shares in the company, valued at approximately $1,989,699.88. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Todd Kahn sold 19,450 shares of the firm’s stock in a transaction dated Wednesday, May 10th. The shares were sold at an average price of $45.45, for a total value of $884,002.50. Following the transaction, the chief accounting officer now owns 98,343 shares of the company’s stock, valued at $4,469,689.35. The disclosure for this sale can be found here. Insiders have sold a total of 44,359 shares of company stock valued at $2,023,928 over the last three months. Corporate insiders own 0.81% of the company’s stock.

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About Coach

Coach, Inc (Coach) is a design house of luxury accessories and lifestyle collections. The Company’s product offering uses a range of leathers, fabrics and materials. Its segments include North America, International and Stuart Weitzman. The North America segment includes sales of Coach brand products to North American customers through Coach-operated stores (including the Internet) and sales to North American wholesale customers.

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