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Macquarie thinks valuation on Coach (COH) looks attractive with the retailer's growth set to...

Macquarie thinks valuation on Coach (COH) looks attractive with the retailer's growth set to take off again. The take falls in line with other fresh analysis pinning Coach as a more attractive option than Michael Kors in the battle between the two handbag makers.
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Comments (2)
  • vandagreenwood
    , contributor
    Comments (27) | Send Message
    Coach is known for quality is KORS? At the moment from the consumer's view am liking Cole Hahn.
    12 Mar 2013, 07:52 AM Reply Like
  • rpetrover
    , contributor
    Comment (1) | Send Message
    Coach has a incredible moat or durable competitive advantage and that is its brand. I am relatively young (32) and for as long as I can remember my mother was buying Coach handbags for herself and my sisters. There products are durable and they have a lifetime warranty on their products. They stand behind what they sell, and it is quality. Coach will always be synonymous with handbags and KORS may gain temporary market share but will not anytime soon have a reputation like Coach. Furthermore, if you look at COH financials, the company is well capitalized with virtually no debt. They have consistent, reliable earnings and growth. If you analyze, they have not missed their expectations more than one quarter straight in over tens years, and I believe in the last ten only missed earnings 4 times. That says enough in itself. I say BUY when this stock is on sale at a P/E of 13-14. P/E of 12 is a no brainer.
    13 Mar 2013, 05:24 AM Reply Like
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