Comments for COH - Stockpickr! Your Source for Stock Ideas

Comments for COH

Added By	Comments	Type	Date Added
barrons3	In his latest report, Berman said upscale retailers "seem to be rebounding." That's true of Coach, the handbag and accessories maker, whose shares have doubled in the past year, to about 35. The company, which is introducing a less expensive Poppy line for teens and young adults, trades for 17 times fiscal 2010 estimated earnings of $2.08 a share, below its historical P/E of 20. It earned 44 cents a share in its fiscal first quarter, ended Sept. 26, flat with a year ago, notwithstanding a punishing recession. Morgan Stanley has a 39 price target on the stock.	Love	November 14, 2009
barrons3	Buy - Price 33.60 on Oct. 20 by Wall Street Strategies We're reiterating our Buy and [raising] our target to 42 on [high-end leather-goods purveyor] Coach after it posted earnings last Tuesday morning. The upwardly revised target price for the stock -- which assumes 23% appreciation within the framework of our rating methodology -- results from hikes to our fiscal-year 2010 and FY11 EPS assumptions. Presently, the stock commands a multiple to our revised FY10 EPS estimate, $2.10, of 16.2 times, [but has]...historically traded well north of a 25 times multiple. Coach's flexible supply chain and existing overcapacity overseas is yielding sourcing costs that are 8% lower versus FY09. Market cap: $10.6 billion.	Love	October 24, 2009
DRNJIVP64	GOTTEN WAY AHEAD OF ITSELF-SHORT NOW!!!	Hate	September 19, 2009
barrons3	A favorite holding is luxury goods makers Coach (COH). It may seem an odd choice in the current economic environment, which champions spending on essentials, rather than luxuries. "We believe that the odds favor a continued workout for the U.S. economy...the consequences are less-than-robust consumer spending," Coats admits. Recent data support that view. Although the recession appears to have ended at the close of the second quarter, surprisingly weak July retail sales served as a reminder that consumers won't be driving this recovery as they have in the past. In response, Coach has added pricing flexibility in the form of its new Poppy line, with lower-priced handbags in the $200 to $300 range. "Traditional luxury buyers are trading down to Coach," while usual Coach shoppers "are trading down to the factory outlet," he says. Coats also likes Coach's China prospects. The stock trades near $28.50, up 37% on the year. Coats picked it up for under $14 at the end of 2008.	Love	August 22, 2009
shugt23	Making me money	Love	August 02, 2009
Stockpickr Staff	Cramer said we're seeing what he calls a "gasoline rally" in stocks such as Darden (DRI), Coach (COH), Tiffany (TIF), Sears (SHLD), Lowe's (LOW) and Yum! Brands (YUM). "This is all the same trade that we saw when gasoline broke from $4 down to $2 last year," he said. "It's happening again." <a href="http://www.thestreet.com/story/10543002/1/cramers-stop-trading-gasoline-rally.html" target="_blank">Read more here.</a>	Love	July 15, 2009
barrons3	McHugh has been buying stock in high-end handbag maker Coach (COH) since the company has positioned itself well to profit in a weaker economy. Coach will soon introduce its Poppy line of lower-priced handbags, and its outlet stores are very profitable and starting to drive earnings.	Love	June 20, 2009
KirkGabe	High end product buyers don't care about price.	Love	April 27, 2009
barrons3	The languishing luxury-goods market showed some new life Tuesday when leather-goods maker Coach declared its first dividend. The New York City-based company (COH) also announced that sales were stabilizing at its North American stores. The upbeat announcements boosted the stock 15%. Coach will pay 7.5 cents a common share each quarter. Disbursement is set for June 29 to investors on its books June 8. The stock goes ex-dividend June 4. Chief Executive Lew Frankfort said that the dividend, which gives the stock a 1.34% current yield, "reflects our financial strength and our confidence in Coach's business outlook." Noting that the company generates significant cash flow and has virtually no debt, he added that "we are in a position to take advantage of profitable growth opportunities, while continuing to return capital to shareholders." Profits in Coach's third fiscal quarter (ended March 31) fell 29%, to $114.9 million, or 36 cents a share, from the level a year earlier. However, volume declined less than 1%, to $739.9 million. Comparable-store sales have now risen to pre-Christmas levels in North America.	Love	April 25, 2009
barrons3	Coach, a onetime highflier, today trades for about 21, or just nine times estimates for the fiscal year ending in June 2010. It had $406 million, or $1.22 a share in net cash -- or cash and equivalents minus total debt -- as of the end of September. Coach is well positioned in the handbag and accessories market, where its brand has long appealed to so-called aspirational shoppers; if the recession deepens, it could draw interest, as well, from the former buyers of four-digit "it" bags.	Love	December 20, 2008
lnslucy	I love their merchandise.	Love	December 10, 2008
tweeddad	I would think handbags would eventually get played out, but what do I know?	Love	December 08, 2008
barrons3	I look at retail, and I simply don't believe that everyone is going under. You could put together a powerhouse merchant/apparel company here if you are Polo Ralph Lauren (RL) or Coach (COH) or VF Corp. (VFC). You can just go pick as you please!	Love	December 03, 2008
sarah z	From a recent Mad Money show: "This stock is just going to mark time. No one wants to invest in high end handbags, but I'm a buyer of Coach. Their CEO will turn this one around."	Love	October 31, 2008
sarah z	The maker of high-end hand bags announced that its board of directors authorized the repurchase of up to $1 billion in common stock. The New York-based company plans to complete the buyback by June 26, 2010. Coach recently completed its previous $1 billion-dollar buyback plan, which was initiated in November of 2007. The company repurchased 31.8 million shares at an average cost of $31.42 per share. Lew Frankfort, Chairman and CEO of Coach said, "The stock repurchase program is designed both to increase economic value for shareholders and to offset share issuances under our employee compensation plans. Coach's strong financial condition allows us to take advantage of opportunities to purchase our securities at attractive prices, particularly considering our excellent long-term outlook." On July 29, 2008, Coach issued excellent fourth-quarter results. Net income jumped 47% to $213.5 million, or 62 cents a share, from $160.6 million, or 42 cents a share, recorded in the same period last year. Favorable tax gains and a weak dollar helped fuel profit gains. Revenue increased 20% to $718.5 million from $652.1 million in the year ago period. Even amid the weak U.S. consumer, revenue in North America was better by 18%. We like to see that Needham Research has a buy rating on Coach. Analyst Christina Chen said, “The luxury consumer continues to spend on trend right handbags as evidenced by the increase in sales of handbags priced over $400 which accounted for 24.0% of US retail sales in F4Q, up from 17.0% last year.” She has a $37-dollar price target on the stock.	Love	September 10, 2008
sarah z	The maker of high-end hand bags announced that its board of directors authorized the repurchase of up to $1 billion in common stock. The New York-based company plans to complete the buyback by June 26, 2010. Coach recently completed its previous $1 billion-dollar buyback plan, which was initiated in November of 2007. The company repurchased 31.8 million shares at an average cost of $31.42 per share. Lew Frankfort, Chairman and CEO of Coach said, "The stock repurchase program is designed both to increase economic value for shareholders and to offset share issuances under our employee compensation plans. Coach's strong financial condition allows us to take advantage of opportunities to purchase our securities at attractive prices, particularly considering our excellent long-term outlook." On July 29, 2008, Coach issued excellent fourth-quarter results. Net income jumped 47% to $213.5 million, or 62 cents a share, from $160.6 million, or 42 cents a share, recorded in the same period last year. Favorable tax gains and a weak dollar helped fuel profit gains. Revenue increased 20% to $718.5 million from $652.1 million in the year ago period. Even amid the weak U.S. consumer, revenue in North America was better by 18%. We like to see that Needham Research has a buy rating on Coach. Analyst Christina Chen said, “The luxury consumer continues to spend on trend right handbags as evidenced by the increase in sales of handbags priced over $400 which accounted for 24.0% of US retail sales in F4Q, up from 17.0% last year.” She has a $37-dollar price target on the stock.	Love	September 03, 2008
Jamielee88	I own enough coach to keep the stocks value pretty high. lol	Love	August 12, 2008
Rambrosi	Brand-Moat	Love	August 05, 2008
qb083170	magic formula July 20 08	Love	July 20, 2008
Leah M C	dropped huge after purchase	Hate	July 01, 2008
sarah z	From a recent Mad Money show: "Not been a big fan of retail ... problematic. Too expensive, went up to 36, pulled back to 30. I'm not going to be there with Coach."	Love	June 26, 2008
sarah z	From a recent Mad Money show: "A timing stock. ... problem with the last quarter was a Japanese inventory issue. ... Now moved up 8 straight points. ... Wait till it goes lower." Cramer prefers Costco (COST).	Love	June 15, 2008
barrons2	The last reason Cramer is ignoring Wednesday’s Fed announcement is that earnings have been great, and earnings control stocks, he said. Overseas exposure is fueling beats, and even the companies that don’t outperform have been bouncing back and then some. Just look at Apple Apple Inc (AAPL), Amazon.com (AMZN), FedEx (FDX) and Coach (COH).	Love	May 01, 2008
barrons2	It was just the other day that Coach (COH) was supposed to be disappointing. The sense was that inventories were up and that there was no momentum. If you go read the call, you realize that the big worry was Japan's inventory, but that was really a currency issue. We see CEO Lew Frankfort expanding aggressively -- although as I said last week, I was surprised so much of it was domestic.	Love	May 01, 2008
KBowzer	One of my favorite retail stocks. The company has NOT over expanded and has a good amount of cash flow. I look for good future growth after our current slump.	Love	March 10, 2008
KBowzer	One of my favorite retail stocks. The company has NOT over expanded and has a good amount of cash flow. I look for good future growth after our current slump.	Love	March 10, 2008
KBowzer	One of the most well run retail companies in the business. Is NOT over-expanded and do NOT lack customer service or satisfaction (simply look at the ridiculous price women pay for a bag...)	Love	February 11, 2008
Clyde Nugent	Good company,Strong balance sheet	Love	February 04, 2008
Eagle17th	solid company, solid management	Love	January 22, 2008
jamesk88	Earnings coming up, along with a Fed rate cut on the 30th. Good time to buy.	Love	January 17, 2008