As per Coach, Inc. (NYSE:COH)’s news release on 2016-08-10, its shareholders will get cash dividend of $0.338 per share. The recent press release updated on the record date and payout date, which stands at 2016-09-12 and 2016-10-03, respectively.
The stock will commence trading ex-dividend from 2016-09-08, until, which the shareholders are compelled to keep the holdings so as to qualify for the dividend. Evaluating the dividend distribution mode, it was noted that last year Coach, Inc. (NYSE:COH) disbursed $0.338 in dividend compared to distribution of $0.338, a year ago.
It highlights a sharp difference in cash payouts of the two years. This shows a major deviation of 0%.
The sell-side market professionals who track the firm’s financial and technical parameters have estimated Coach, Inc. (NYSE:COH) to attain a price target of $44.8. It is an average estimate figure given by 15 analysts tracking the stock. The estimates disclosed that the stock can move up on the chart and hit a high of $53. The low price range is set at $32 for next year while the arithmetic mean is seen at 1.7.
Eyeing Earnings Coach, Inc. (NYSE:COH) is likely to post quarterly numbers around 2016-10-25 for the quarter ending 2016-09-30. The quarterly EPS projection is set at $0.44 for the period ending on 2016-09-30.
In last quarter ended 2016-06-30, Coach, Inc. (NYSE:COH) earnings came at $0.45 suggesting a deviation of $0.05. The brokerages targeted EPS of $0.4 for the quarter.
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