Barclays initiated coverage on Kate Spade (NYSE: KATE) with an Overweight rating and a price target of $50.00.We have been impressed by the company’s committed multi-year process of trimming the brand portfolio to focus investment upon the highest growth opportunities, and see the remaining Kate Spade business as having broad potential going forward. Kate Spade & Co (NYSE:KATE) shares after opening at $40.43 moved to $40.75 on last trade day and at the end of the day closed at $39.96. Company price to sales ratio in past twelve months was calculated as 3.88 and price to cash ratio as 37.69. Kate Spade & Co (NYSE:KATE) showed a positive weekly performance of 3.52%.
VeriFone Systems Inc (NYSE:PAY) had attractive earnings in the most recently reported quarter. Revenue figures were also encouraging and its debt burden is not out of place. Taking a look at the performance in the most recent quarter should help in unmasking the strength or weakness of the stock. VeriFone Systems Inc (NYSE:PAY) shares advanced 0.06% in last trading session and ended the day on $198.80. PAY return on equity ratio is recorded as -23.20% and its return on assets is -8.90%. VeriFone Systems Inc (NYSE:PAY) yearly performance is 62.98%.
Under Armour Inc (NYSE:UA) Raced to an all-time high of $121.43 on Monday after announcing a two-for-one stock split, and finished the session 2% higher at $119.67. Call volume closed at a 57% mark-up to its daily average, led by both buy- and sell-to-open activity at the near-the-money July 120 call. Elsewhere, despite outpacing the S&P 500 Index (SPX) by nearly 43 percentage points during the last 40 days, Under Armour is heavily shorted. Specifically, 10.5% of the stock’s float is sold short, which represents a week’s worth of pent-up buying activity, at UA’s average daily volume. Should the shares continue to rally, a short-squeeze situation could ensue, adding fuel to the equity’s fire. Under Armour Inc (NYSE:UA) shares moved down -1.95% in last trading session and was closed at $122.01, while trading in range of $121.25-$124.79.Under Armour Inc (NYSE:UA) year to date performance is 39.76%.
Tyson Foods (NYSE:TSN) was the target of a significant decrease in short interest during the month of January. As of February 28th, there was short interest totalling 24,695,078 shares, a decrease of 16.6% from the February 14th total of 29,608,867 shares, StockRatingsNetwork.com reports. Currently, 9.3% of the company’s stock are sold short. Based on an average trading volume of 3,415,364 shares, the days-to-cover ratio is presently 7.2 days.Tyson Foods, Inc. (NYSE:TSN) weekly performance is 3.56%. On last trading day company shares ended up $41.91. Tyson Foods, Inc. (NYSE:TSN) distance from 50-day simple moving average is 12.85%. Analysts mean target price for the company is $40.75.