Technical Research on Textile Equities -- NIKE, Skechers, Coach, and Wolverine World Wide

NEW YORK, June 9, 2017 /PRNewswire/ --

Today's research on DailyStockTracker.com is focused on NIKE Inc. (NYSE: NKE), Skechers U.S.A. Inc. (NYSE: SKX), Coach Inc. (NYSE: COH), and Wolverine World Wide Inc. (NYSE: WWW). Textile Apparel Footwear and Accessories companies are structured as corporations and, on average, offer average dividend yields that are in-line with the wider market. Take a look at the free research reports issued today on DailyStockTracker.com for these stocks by signing up at:

http://dailystocktracker.com/register/

NIKE 

On Thursday, shares in Beaverton, Oregon headquartered NIKE Inc. recorded a trading volume of 7.76 million shares. The stock ended the day at $53.20, declining 0.06% from the last trading session. The Company's shares have advanced 4.66% on an YTD basis. The stock is trading below its 200-day moving average by 1.33%. Furthermore, shares of NIKE, which together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, and accessories worldwide, have a Relative Strength Index (RSI) of 50.25.

On May 16^th, 2017, research firm Berenberg initiated a 'Buy' rating on the Company's stock, with a target price of $70 per share.

On June 01^st, 2017, NIKE announced that it plans to release its Q4 FY17 financial results on June 29^th, 2017, at approximately 1:15 p.m. PT, following the close of regular stock market trading hours. Following the news release, management will host a conference call beginning at 2:00 p.m. PT to review results. Sign up and read the free research report on NKE at:

http://dailystocktracker.com/registration/?symbol=NKE

Skechers 

Manhattan Beach, California headquartered Skechers U.S.A. Inc.'s stock rose 1.14%, finishing yesterday's session at $26.70 with a total trading volume of 2.67 million shares. The Company's shares have gained 9.88% in the last month, 3.77% over the previous three months, and 8.62% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 5.38% and 9.07%, respectively. Additionally, shares of Skechers, which designs, develops, markets, and distributes footwear for men, women, and children; and performance footwear for men and women under the Skechers GO brand worldwide, have an RSI of 63.08.

On May 22^nd, 2017, Skechers USA announced that the Company has been named Mainstream Women's Brand of the Year at the 2017 Drapers Footwear Awards. The Company was also recently awarded as Brand of the Year during the 2017 Footwear Industry Awards in February.

On June 05^th, 2017, research firm Susquehanna upgraded the Company's stock rating from 'Neutral' to 'Positive'. The complimentary research report on SKX can be downloaded at:

http://dailystocktracker.com/registration/?symbol=SKX

Coach 

Shares in New York headquartered Coach Inc. ended the session 0.30% higher at $46.49. The stock recorded a trading volume of 3.31 million shares. The Company's shares have gained 2.85% in the last one month, 20.82% over the previous three months, and 32.75% on an YTD basis. The stock is trading 8.88% above its 50-day moving average and 20.95% above its 200-day moving average. Moreover, shares of Coach, which provides luxury accessories and lifestyle brands, have an RSI of 68.67.

On May 15^th, 2017, research firm Deutsche Bank upgraded the Company's stock rating from 'Hold' to 'Buy' while revising its previous target price from $40 a share to $54 a share.

On May 19^th, 2017, Coach announced that its Board of Directors has declared a quarterly cash dividend of $0.3375 per common share. The dividend is payable on July 05^th, 2017 to shareholders of record as of the close of business on June 09^th, 2017. Register for free on DailyStockTracker.com and access the latest report on COH at:

http://dailystocktracker.com/registration/?symbol=COH

Wolverine World Wide 

At the closing bell on Thursday, Rockford, Michigan-based Wolverine World Wide Inc.'s ("WWW") stock climbed 2.20%, finishing at $26.52. A total volume of 935,092 shares was traded, which was above their three months average volume of 790,250 shares. The Company's shares have gained 8.78% in the last month, 5.62% over the previous three months, and 20.82% on an YTD basis. The stock is trading 6.96% and 12.13% above its 50-day and 200-day moving averages, respectively. Additionally, shares of WWW, which designs, manufactures, sources, markets, licenses, and distributes footwear, apparel, and accessories, have an RSI of 66.14.

On May 17^th, 2017, research firm Robert W. Baird upgraded the Company's stock rating from 'Neutral' to 'Outperform' while revising its previous target price from $29 a share to $30 a share.

On May 31^st, 2017, WWW announced that it has agreed to enter into a global, multi-year licensing agreement of the Stride Rite brand to Vida Shoes International. This license agreement and the newly created Wolverine Children's Group, which will focus on the growing children's business for the Company's portfolio of brands, are the next steps in WWW's WAY FORWARD strategic transformation aimed at enhancing its consumer obsession, product innovation, and financial performance in the near and long-term. Get free access to your research report on WWW at:

http://dailystocktracker.com/registration/?symbol=WWW

--

Daily Stock Tracker: 

Daily Stock Tracker (DST) 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. DST 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. 

DST 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 contact@dailystocktracker.com. 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 DST. DST 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 

DST, 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. DST, 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, DST, 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 DST 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://dailystocktracker.com/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: contact@dailystocktracker.com
Phone number:  (207)331-3313
Office Address: 377 Rivonia Boulevard, Rivonia, South Africa

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE Chelmsford Park SA