NIKE, Tapestry, and Ralph Lauren are the three Luxury Goods stocks to watch today, according to MarketBeat's stock screener tool. Luxury goods stocks are shares in companies that sell premium products such as designer fashion, jewelry, watches, and high-end cars. Their performance often depends on affluent consumers’ spending, brand strength, and economic conditions, so they can be sensitive to shifts in consumer confidence and global demand. These companies had the highest dollar trading volume of any Luxury Goods stocks within the last several days.
NIKE (NKE)
NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, accessories, and services worldwide. The company provides athletic and casual footwear, apparel, and accessories under the Jumpman trademark; and casual sneakers, apparel, and accessories under the Converse, Chuck Taylor, All Star, One Star, Star Chevron, and Jack Purcell trademarks.
Shares of NIKE stock traded down $0.98 during midday trading on Thursday, reaching $39.51. The company had a trading volume of 18,970,564 shares, compared to its average volume of 24,667,480. The stock has a fifty day moving average price of $36.88 and a 200 day moving average price of $45.88. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.07 and a quick ratio of 1.39. The firm has a market cap of $58.68 billion, a PE ratio of 18.97, a P/E/G ratio of 4.49 and a beta of 1.01. NIKE has a fifty-two week low of $31.97 and a fifty-two week high of $69.14.
Read Our Latest Research Report on NKE
Tapestry (TPR)
Tapestry, Inc. provides luxury accessories and branded lifestyle products in the United States, Japan, Greater China, and internationally. The company operates in three segments: Coach, Kate Spade, and Stuart Weitzman. It offers women's handbags; and women's accessories, such as small leather goods which includes mini and micro handbags, money pieces, wristlets, pouches, and cosmetic cases, as well as novelty accessories including address books, time management and travel accessories, sketchbooks, and portfolios; and belts, key rings, and charms.
NYSE:TPR traded up $9.22 on Thursday, reaching $134.53. 3,187,872 shares of the stock traded hands, compared to its average volume of 2,593,812. The company has a current ratio of 1.75, a quick ratio of 1.25 and a debt-to-equity ratio of 3.44. Tapestry has a 1-year low of $93.00 and a 1-year high of $164.80. The company's 50 day moving average is $117.13 and its 200-day moving average is $136.92. The firm has a market capitalization of $26.82 billion, a price-to-earnings ratio of 18.45, a price-to-earnings-growth ratio of 1.53 and a beta of 1.44.
Read Our Latest Research Report on TPR
Ralph Lauren (RL)
Ralph Lauren Corporation designs, markets, and distributes lifestyle products in North America, Europe, Asia, and internationally. The company offers apparel, including a range of men's, women's, and children's clothing; footwear and accessories, which comprise casual shoes, dress shoes, boots, sneakers, sandals, eyewear, watches, fashion and fine jewelry, scarves, hats, gloves, and umbrellas, as well as leather goods, such as handbags, luggage, small leather goods, and belts; home products consisting of bed and bath lines, furniture, fabric and wallcoverings, floor coverings, lighting, tabletop, kitchen linens, floor coverings, dining, decorative accessories, and giftware; and fragrances.
Shares of NYSE RL traded down $30.66 during midday trading on Thursday, reaching $381.40. The stock had a trading volume of 896,453 shares, compared to its average volume of 636,972. The company's 50 day moving average price is $363.00 and its 200 day moving average price is $367.56. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.42 and a current ratio of 2.04. Ralph Lauren has a twelve month low of $308.41 and a twelve month high of $421.60. The firm has a market cap of $22.72 billion, a price-to-earnings ratio of 24.09, a price-to-earnings-growth ratio of 1.78 and a beta of 1.30.
Read Our Latest Research Report on RL
Further Reading
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