Fifth & Pacific Companies Inc Hits New 52-Week High at $27.02 (FNP)
Fifth & Pacific Companies (NYSE:FNP)’s share price reached a new 52-week high during trading hours on Friday, American Banking & Market News reports. The company traded as high as $27.02 and last traded at $26.57, with a volume of 205,010 shares traded. The stock had previously closed at $26.62.
A number of research firms have recently commented on FNP. Analysts at Sterne Agee raised their price target on shares of Fifth & Pacific Companies from $28.00 to $30.00 in a research note to investors on Tuesday, October 8th. They now have a “buy” rating on the stock. Separately, analysts at KeyCorp reiterated a “buy” rating on shares of Fifth & Pacific Companies in a research note to investors on Monday, October 7th. They now have a $28.00 price target on the stock. Finally, 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 research analyst has rated the stock with a sell rating, two have given a hold rating and six have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of $26.44.
Fifth & Pacific Companies has a 1-year low of $9.98 and a 1-year high of $26.11. The stock has a 50-day moving average of $24.5 and a 200-day moving average of $21.97. The company’s market cap is $3.270 billion.
Fifth & Pacific Companies (NYSE:FNP) last announced its earnings results on Thursday, August 8th. The company reported ($0.12) earnings per share (EPS) for the quarter, missing the 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 in the previous year, the company posted ($0.09) earnings per share. The company’s revenue for the quarter was up 13.4% on a year-over-year basis.
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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