Retail sucks all over the place. MK has proven to be a much stronger competitor than expected. US sales suck, Europe is still very week. Coach has already warned for next quarter. They are spending more than that are making. No profits here until late 2015.
The stock price is most likely to fall below 30 this year and stay in the range of 30 - 35 after mid 2015.
This one is more of a invest and forget about it for 2 - 3 years to see gains. Dividend is not that great to park the money for a long time. Value investing is good buy beware of long term traps. COH has fallen in on of those value trap categories right now.
Wait minimum 6 months and invest below $30.