How These Textile Stocks are Faring? -- Michael Kors, Lululemon Athletica, PVH Corp., and Ralph Lauren
NEW YORK, November 30, 2016 /PRNewswire/ --
On Tuesday, November 29, 2016, US markets moved back in bullish territories with seven out of nine sectors finishing the day in green. Benchmark indices were also trading higher by yesterday's closing bell as the NASDAQ Composite, the Dow Jones Industrial Average, and the S&P 500 edged higher. Pre-market today, Stock-Callers.com looks at these four Textile stocks: Michael Kors Holdings Ltd (NYSE: KORS), Lululemon Athletica Inc. (NASDAQ: LULU), PVH Corporation (NYSE: PVH), and Ralph Lauren Corporation (NYSE: RL). Download the free research reports on these stocks today:
http://stock-callers.com/registration
Michael Kors
London, the UK-based Michael Kors Holdings Ltd's stock edged 0.67% lower, to close the day at $47.71. The stock recorded a trading volume of 1.58 million shares. Michael Kors' shares have gained 10.90% in the past one year. Shares of the Company, which engages in the design, marketing, distribution, and retailing of branded women's apparel and accessories, and men's apparel, are trading 1.50% and 5.20% below its 50-day and 200-day moving averages, respectively. Additionally, the stock traded at a PE ratio of 10.94 and has a Relative Strength Index (RSI) of 46.22.
On November 14th, 2016, research firm Morgan Stanley downgraded the Company's stock rating from 'Overweight' to 'Equal-Weight'. See our free and comprehensive research report on KORS at:
http://stock-callers.com/registration/?symbol=KORS
Lululemon Athletica
Vancouver, Canada-based Lululemon Athletica Inc.'s stock finished Tuesday's session 1.94% higher at $58.32 with a total volume of 2.86 million shares traded. Lululemon Athletica's shares have gained 21.96% in the past one year. Shares of the Company, which together with its subsidiaries, designs, distributes, and retails athletic apparel and accessories for women, men, and female youth, are trading at a PE ratio of 29.91. The Company's shares are trading below its 50-day and 200-day moving averages by 0.51% and 11.94%, respectively. Lululemon Athletica's stock has an RSI of 52.86.
Yesterday, research firm Buckingham Research initiated a 'Neutral' rating on the Company's stock, issuing a target price of $55 per share. LULU free research report PDF is just a click away at:
http://stock-callers.com/registration/?symbol=LULU
PVH Corp.
On Tuesday, shares in New York-based PVH Corp. recorded a trading volume of 1.08 million shares, which was higher than their three months average volume of 862,630 shares. The stock ended the day 1.89% lower at $106.03. Shares of the Company, which operates as an apparel company in the US and internationally, are trading at a PE ratio of 12.87. The stock is trading above its 200-day moving average by 7.60%. Furthermore, shares of PVH have an RSI of 44.80. Sign up for your complimentary report on PVH at:
http://stock-callers.com/registration/?symbol=PVH
Ralph Lauren
On Tuesday, shares in New York-based Ralph Lauren Corp. ended the session 2.07% lower at $108.61 with a total volume of 1.03 million shares traded. Ralph Lauren's shares have gained 10.67% in the last one month and 4.47% in the previous three months. Shares of the Company, which designs, markets, and distributes lifestyle products worldwide, are trading at a PE ratio of 47.20. The stock is trading 6.47% above its 50-day moving average and 12.12% above its 200-day moving average. Moreover, shares of the Company have an RSI of 54.88. Register for free on Stock-Callers.com and download the latest research report on RL at:
http://stock-callers.com/registration/?symbol=RL
--
Stock Callers:
Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
SC has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email [email protected]. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
NO WARRANTY
SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
http://stock-callers.com/legal-disclaimer/
CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: [email protected]
Phone number: +44 330 808 3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA
Share this article