NEW YORK, February 9, 2017 /PRNewswire/ --
On Wednesday, February 08, 2017, US markets saw broad based gains with six out of nine sectors finishing the trading sessions in green. Major US indices, nonetheless, were mixed at the close of yesterday's session. The NASDAQ Composite ended the day at 5,682.45, up 0.15%; the Dow Jones Industrial Average edged 0.18% lower, to finish at 20,054.34; and the S&P 500 closed at 2,294.67, slightly up by 0.07%. This Thursday morning, Stock-Callers.com looks at the performance of these four Textile - Apparel Clothing stocks: Hanesbrands Inc. (NYSE: HBI), Under Armour Inc. (NYSE: UAA), Kate Spade & Company (NYSE: KATE), and V.F. Corporation (NYSE: VFC). Download the free research reports on these stocks today:
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Hanesbrands
Winston-Salem, North Carolina headquartered Hanesbrands Inc.'s stock finished Wednesday's session 3.06% higher at $19.89 with a total volume of 13.79 million shares traded. The Company's shares are trading below its 50-day and 200-day moving averages by 11.10% and 21.04%, respectively. Shares of Hanesbrands, which designs, manufactures, sources, and sells various basic apparels for men, women, and children in the US, are trading at a PE ratio of 15.37. Additionally, the stock has a Relative Strength Index (RSI) of 36.04.
On February 03rd, 2017, research firm UBS reiterated its 'Buy' rating on the Company's stock with a decrease of the target price from $34 a share to $25 a share. See our free and comprehensive research report on HBI at:
http://stock-callers.com/registration/?symbol=HBI
Under Armour
On Wednesday, shares in Baltimore, Maryland headquartered Under Armour Inc. ended the session 2.98% higher at $21.08 with a total volume of 6.39 million shares traded. Shares of the Company, which together with its subsidiaries, develops, markets, and distributes branded performance apparel, footwear, and accessories for men, women, and youth primarily in North America, Europe, Middle East, Africa, Asia/Pacific, and Latin America, are trading at a PE ratio of 47.48. The stock is trading 27.65% below its 50-day moving average and 41.50% below its 200-day moving average. Moreover, the Company's shares have an RSI of 16.61.
On February 01st, 2017, research firm Telsey Advisory Group reiterated its 'Market Perform' rating on the Company's stock with a decrease of the target price from $34 a share to $18 a share. UAA free research report PDF is just a click away at:
http://stock-callers.com/registration/?symbol=UAA
Kate Spade
On Wednesday, shares in New York-based Kate Spade & Co. recorded a trading volume of 2.59 million shares. The stock ended the day 1.68% higher at $18.73. Shares of the Company, which together with its subsidiaries, designs and markets apparel and accessories, are trading at a PE ratio of 19.19. Kate Spade's stock has advanced 5.17% in the last one month and 17.65% in the previous three months. Furthermore, the stock has gained 19.76% in the past one year. The Company is trading above its 50-day moving average by 11.06%. Furthermore, Kate Spade's shares have an RSI of 57.64.
On January 25th, 2017, research firm Telsey Advisory Group downgraded the Company's stock rating from 'Outperform' to 'Market Perform' while revising its previous target price from $23 a share to $21 a share. Sign up for your complimentary report on KATE at:
http://stock-callers.com/registration/?symbol=KATE
V.F. Corp.
Greensboro, North Carolina headquartered V.F. Corp.'s stock advanced 1.59%, to close the day at $49.09. The stock recorded a trading volume of 4.37 million shares, which was above its three months average volume of 3.47 million shares. The Company's shares are trading 8.06% and 15.13% below its 50-day and 200-day moving averages, respectively. Shares of the Company, which engages in the design, production, procurement, marketing, and distribution of branded lifestyle apparel, footwear, and related products in the US and Europe, are trading at a PE ratio of 17.04. Additionally, the stock has an RSI of 32.16.
On February 02nd, 2017, research firm Goldman downgraded the Company's stock rating from 'Buy' to 'Neutral'. Register for free on Stock-Callers.com and download the latest research report on VFC at:
http://stock-callers.com/registration/?symbol=VFC
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