|Bid||60.25 x 800|
|Ask||70.00 x 1000|
|Day's Range||62.37 - 64.18|
|52 Week Range||47.49 - 75.96|
|Beta (3Y Monthly)||-0.60|
|PE Ratio (TTM)||15.11|
|Earnings Date||Nov 5, 2018 - Nov 9, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||77.17|
Of the 23 analysts covering VF Corporation (VFC) stock on October 12, 74.0% recommended a “buy,” and the remaining 26.0% gave VFC a “hold” rating. VFC is a leading apparel manufacturer in the US. The company’s brands include North Face, Vans, Timberland, Kipling, Lee, and Wrangler. Vans, North Face, and Timberland are the three biggest revenue drivers. In the first quarter of fiscal 2019, which ended on June 30, combined sales of these three brands accounted for 21% of overall sales.
On October 12, VF Corporation’s (VFC) 12-month forward PE (price-to-earnings) ratio was 22.4x. Hanesbrands (HBI), PVH Corp. (PVH), Michael Kors (KORS), and Ralph Lauren (RL) have PE ratios of 8.8x, 12.6x, 12.2x, and 17.4x, respectively.
As of October 12, VF Corporation (VFC) stock has increased 18.1% YTD (year-to-date) to $87.43. Meanwhile, Hanesbrands (HBI) and PVH Corp (PVH) have fallen 21.8% and 8.1%, respectively. VF Corporation is a leading name in the apparel manufacturing space.
On October 9, Hanesbrands’ (HBI) 12-month forward PE (price-to-earnings) ratio was 9.6x. VF Corporation (VFC), Ralph Lauren (RL), Michael Kors (KORS), and PVH Corp. (PVH) reported higher PE ratios of 23.8x, 18.3x, 12.9x, and 13.5x, respectively. Growth projections
On October 9, Hanesbrands (HBI) stock fell 16.8% to $17.39 on a year-to-date basis. Since its second-quarter earnings release on August 1, HBI stock has declined 3.2%. In addition to its earnings miss, investors have been concerned by Hanesbrands’ decision not to renew its C9 by Champion contract with Target (TGT).
More than half of the stocks in the S&P 500 were in correction territory or worse on Wednesday. There were 172 components in correction territory, meaning they have fallen by 10 to 20 percent from their 52-week high. Meanwhile, another 123 stocks were down 20 percent from that level, sitting in bear market territory.
lululemon's (LULU) robust surprise trend, driven by progress on its strategy for 2020 and stringent focus on digital and international growth rightly support investors' favoritism for the stock.
Global fashion brand Michael Kors Holdings Ltd (NYSE: KORS )'s recent acquisition of Versace sent the American-based company's stock lower by 9 percent — and investors should buy the dip, according to ...
Michael Kors (KORS) stock has risen on October 3 after bullish input from Citigroup. Analyst Paul Lejuez cited strong quarterly earnings and the company’s recent Versace acquisition as the key reasons for the upgrade. Michael Kors hasn’t missed Wall Street’s bottom line expectations for the past 13 consecutive quarters.
The addition of such luxury fashion brands enhances Michael Kors??? (KORS) revenue generating capabilities and helps it gain an edge over its peers.
Rolls-Royce RR.-GB , Airbus AIR-FR – Ratings agency Moody's identified the aerospace and defense companies at risk if Britain leaves the European Union. Alibaba BABA – Goldman Sachs reiterated its "buy" rating on Alibaba stock and raised its price target to $247 a share. Alibaba will thrive as it dominates new markets in China, according to Goldman Sachs.
This article is intended for those of you who are at the beginning of your investing journey and want to begin learning about how to value company based on its Read More...
Michael Kors has agreed to buy Versace for $2 billion, but experts debate whether the company is ready to take on another luxury acquisition.
Say goodbye to Michael Kors (NYSE:KORS), the iconic fashion brand that has cycled in and out of popularity over the past several years. Michael Kors recently announced a deal to acquire Italian luxury fashion house Gianni Versace for $2 billion in a combination of cash and stock. Upon closing of the acquisition, Michael Kors, which bought luxury shoe brand Jimmy Choo last year for $1.2 billion, will change its name to Capri Holdings, a fitting way to cap off a two-year buying spree that has transformed Michael Kors from cyclical, one-dimensional fashion brand to stable, multi-name fashion conglomerate.
Fashion house Versace did not receive any offers from Italian investors before selling to Michael Kors (KORS.N) but the deal with the U.S. fashion group will create jobs in Italy, creative director Donatella Versace told newspapers on Wednesday. "In the last year Versace has been approached by many people. It was not us who refused to take part in an Italian group," Donatella, the sister of Versace's late founder Gianni, told Corriere della Sera.
Let's check out the Yahoo Finance charts of the day. Michael Kors (KORS): Shares are up in early trade, at around 1.3%. The luxury retailer was upgraded by Citi to a "buy" rating on its steady quarterly earnings wins. Citi said the recent acquisition of Versace "brings uncertainties" but added that "Versace seems to be on the rise" and Kors did not overpay. Microsoft (MSFT): Shares up here, at around .8%. Several new products were announced by the tech company during a press conference in New York on Tuesday, including a new Surface Pro 6 tablet. Tempur-Sealy (TPX): Shares up here, around 9.1%. Shares of the mattress company soared on a Reutrers report that Mattress Firm is prepared to file for bankruptcy. For more on today's big stock movers check out the Final Round, live at 3:30 p.m. ET, right here on Yahoo Finance