Textile Stocks on Investors' Radar -- Michael Kors, Lululemon Athletica, Under Armour, and PVH Corp.
NEW YORK, February 15, 2017 /PRNewswire/ --
On Tuesday, benchmark US indices were in bullish colors as the NASDAQ Composite closed the trading session up 0.32%; the Dow Jones Industrial Average edged 0.45% higher; and the S&P 500 was up 0.40%. US markets recorded a mixed sentiment with four out of nine sectors finishing the day in green, three in red, and two flat. Pre-market today, Stock-Callers.com reviews these four Textile - Apparel Clothing stocks: Michael Kors Holdings Ltd (NYSE: KORS), Lululemon Athletica Inc. (NASDAQ: LULU), Under Armour Inc. (NYSE: UA), and PVH Corporation (NYSE: PVH). Learn more about these stocks by accessing their free research reports at:
http://stock-callers.com/registration
Michael Kors
On Tuesday, shares in London, the UK-based Michael Kors Holdings Ltd recorded a trading volume of 3.07 million shares, which was above their three months average volume of 2.82 million shares. The stock ended the day 1.33% higher at $38.10. 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 at a PE ratio of 8.74. The Company is trading below its 50-day and 200-day moving averages by 12.19% and 19.52%, respectively. Furthermore, Michael Kors Holdings' shares have a Relative Strength Index (RSI) of 34.26.
On February 08th, 2017, research firm Telsey Advisory Group reiterated its 'Market Perform' rating on the Company's stock with a decrease of the target price from $48 a share to $42 a share. Free research report on KORS is available at:
http://stock-callers.com/registration/?symbol=KORS
Lululemon Athletica
Vancouver, Canada-based Lululemon Athletica Inc.'s stock finished Tuesday's session 1.15% higher at $67.76 with a total volume of 930,907 shares traded. Over the last three months and the previous one year, Lululemon Athletica's shares have gained 17.15% and 13.31%, respectively. The Company's shares are trading above its 50-day and 200-day moving averages by 2.20% and 1.27%, respectively. Shares of Lululemon Athletica, 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 32.75. Moreover, the stock has an RSI of 51.77.
On February 03rd, 2017, research firm KeyBanc Capital Markets downgraded the Company's stock rating from 'Overweight' to 'Sector Weight'. The complimentary research report on LULU can be downloaded at:
http://stock-callers.com/registration/?symbol=LULU
Under Armour
Baltimore, Maryland headquartered Under Armour Inc.'s stock advanced 4.08%, to close the day at $19.41. The stock recorded a trading volume of 6.26 million shares, which was above its three months average volume of 5.16 million shares. The Company's shares are trading 22.20% and 44.04% below its 50-day and 200-day moving averages, respectively. Shares of the Company, which together with its subsidiaries, develops, markets, and distributes branded performance apparel, footwear, and accessories for men, women, and youth primarily in North America, Europe, Middle East, Africa, Asia/Pacific, and Latin America, are trading at a PE ratio of 43.13. Additionally, the stock has an RSI of 33.38.
Yesterday, research firm Morgan Stanley upgraded the Company's stock rating from 'Underweight' to 'Equal-Weight'. Visit us today and access our complete research report on UA at:
http://stock-callers.com/registration/?symbol=UA
PVH Corp.
On Tuesday, shares in New York-based PVH Corp. ended the session 1.50% higher at $90.26 with a total volume of 1.12 million shares traded. PVH Corp.'s shares have gained 1.06% in the last one month and 22.31% in the previous one year. Shares of the Company, which operates as an apparel company in the US and internationally, are trading at a PE ratio of 12.66. The stock is trading 4.09% below its 50-day moving average and 9.66% below its 200-day moving average. Moreover, the Company's shares have an RSI of 47.23. Get free access to your research report on PVH at:
http://stock-callers.com/registration/?symbol=PVH
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