Coach Inc (NYSE:COH)‘s stock had its “overweight” rating reaffirmed by research analysts at JPMorgan Chase & Co. in a report released on Wednesday, StockRatingsNetwork reports. They currently have a $49.00 price target on the stock. Coach Inc (NYSE:COH) shares after opening at $44.00 moved to $44.36 on last trade day and at the end of the day closed at $43.88 . Company price to sales ratio in past twelve months was calculated as 2.49 and price to cash ratio as 15.72. Coach Inc (NYSE:COH) showed a negative weekly performance of -11.92%.
Nike Inc (NYSE:NKE) Chief Executive Mark Parker said on Thursday the footwear and athletic apparel company was considering shifting its production within China following a major strike at a supplier’s factory, Reuters reported on Thursday. Thousands of shoe factory workers staged a strike earlier this month over conditions at Hong Kong-listed Yue Yuen Industrial Holdings Ltd – a $5.6 billion manufacturer of footwear for Nike Inc, Adidas and other international brands. Nike Inc (NYSE:NKE) shares advanced 0.10% in last trading session and ended the day on $72.99. NKE return on equity ratio is recorded as 23.80% and its return on assets is 15.00%. Nike Inc (NYSE:NKE) yearly performance is 16.77%.
Skechers USA Inc (NYSE:SKX) CEO Robert Greenberg unloaded 250,000 shares of Skechers USA stock on the open market in a transaction dated Thursday, May 1st. The shares were sold at an average price of $41.06, for a total transaction of $10,265,000.00. Following the sale, the chief executive officer now directly owns 39,231 shares in the company, valued at approximately $1,610,825. Skechers USA Inc (NYSE:SKX) shares moved down -4.86% in last trading session and was closed at $39.93 while trading in range of $39.40 – $42.31 – Skechers USA Inc (NYSE:SKX) year to date (YTD) performance is 20.53%.
Crocs, Inc. (NASDAQ:CROX) reported its first quarter 2014 financial results. Shares of the company are neutral in after-hours trading. The company had its GAAP revenue increase by 0.2 percent in the first quarter of 2014 to $312.4 million. According to previously provided guidance $305 to $315 million was expected. Crocs, Inc. (NASDAQ:CROX) weekly performance is 0.86%. On last trading day company shares ended up $15.17. Crocs, Inc. (NASDAQ:CROX) distance from 50-day simple moving average (SMA50) is 0.30 %. Analysts mean target price for the company is $16.78.