This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Retail Stocks Hitting 52-Week Highs: Coach, Macy's, Men's Wearhouse, Carter's

Stocks in this article: COH M MW CRI

NEW YORK ( TheStreet) -- Shares of retailers Coach (COH), Macy's (M), Men's Wearhouse (MW) and Carter's (CRI) reached 52-week highs Friday.

Each of these stocks got a buy rating from TheStreet Ratings.


The accessories retailer reported fiscal second-quarter earnings of $347 million, or $1.18 a share, on Jan. 24. That performance was up from earnings of $303 million, or $1 a share, in the same period a year earlier.

"We continue to believe that growth in the men's business is the underappreciated element of the COH story," KeyBanc Capital Markets analysts wrote in a Jan. 25 report. "The men's business is expected to more than double to $400 million this fiscal year. There are a number of reasons why we find the men's growth story compelling; with particular focus on its ability to both grow the existing U.S. retail business as well as strengthen COH's expansion opportunity abroad. Management noted that it hopes to achieve $1 billion in sales; we think this is achievable over the next two or three years."

Shares of Coach hit a 52-week high of $72.39 on Friday. The stock's 52-week low of $45.70 was set on Aug. 19.

Coach shares trade at a forward price-to-earnings multiple of 17.84. The average forward P/E among the clothing and accessories companies is 16.88. Hanesbrands (HBI) has a forward P/E of 8.22; Jones Group (JNI) has a forward P/E of 8.17.

Nineteen of the 29 analysts who cover Coach rated it a buy; 10 consider it a hold.

TheStreet Ratings gives Coach an A+ grade and has a $90.42 price target on the shares. The stock has risen 18.59% year to date.

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

1 of 3

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs