Fifth & Pacific Companies Inc Reaches New 12-Month High at $26.36 (FNP)
Shares of Fifth & Pacific Companies (NYSE:FNP) hit a new 52-week high during trading on Tuesday, AmericanBankingNews.com reports. The stock traded as high as $26.36 and last traded at $25.59, with a volume of 1,108,487 shares trading hands. The stock had previously closed at $25.71.
A number of analysts have recently weighed in on FNP shares. Analysts at KeyCorp reiterated a “buy” rating on shares of Fifth & Pacific Companies in a research note to investors on Monday. Separately, analysts at Imperial Capital raised their price target on shares of Fifth & Pacific Companies from $25.00 to $30.00 in a research note to investors on Tuesday, August 20th. They now have an “outperform” rating on the stock. One analyst has rated the stock with a sell rating, two have assigned a hold rating and six have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $26.00.
Fifth & Pacific Companies has a 1-year low of $9.98 and a 1-year high of $26.11. The stock’s 50-day moving average is $24.74 and its 200-day moving average is $22.7. The company’s market cap is $3.132 billion.
Fifth & Pacific Companies (NYSE:FNP) last announced its earnings results on Thursday, August 8th. The company reported ($0.12) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.10) by $0.02. The company had revenue of $382.00 million for the quarter, compared to the consensus estimate of $392.70 million. During the same quarter last year, the company posted ($0.09) earnings per share. Fifth & Pacific Companies’s revenue was up 13.4% compared to the same quarter last year.
Fifth & Pacific Companies Inc, formerly Liz Claiborne Inc (NYSE:FNP) designs and markets a portfolio of retail-based, premium brands, including JUICY COUTURE, KATE SPADE and LUCKY BRAND.
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