Coach Stock To Go Ex-dividend Tomorrow (COH)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- The ex-dividend date for Coach (NYSE: COH) is tomorrow, March 6, 2013. Owners of shares as of market close today will be eligible for a dividend of 30 cents per share. At a price of $49.80 as of 9:32 a.m. ET, the dividend yield is 2.5%.

The average volume for Coach has been 5.7 million shares per day over the past 30 days. Coach has a market cap of $13.54 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are down 11.2% year to date as of the close of trading on Monday.

Coach, Inc. engages in the design, marketing, and distribution of handbags, accessories, wearables, footwear, jewelry, sunwear, travel bags, watches, and fragrances for women and men in the United States and internationally. The company has a P/E ratio of 13.3, below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Coach as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, increase in net income, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full Coach Ratings Report.

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