Coastal Contacts (COA) Posts Quarterly Earnings, Beats Estimates By $0.05 EPS
Coastal Contacts (NYSE:COA) issued its quarterly earnings data on Tuesday. The company reported ($0.08) earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.13) by $0.05, AnalystRatingsNetwork reports.
Several analysts have recently commented on the stock. Analysts at Zacks upgraded shares of Coastal Contacts from an “underperform” rating to a “neutral” rating in a research note to investors on Thursday, January 16th. They now have a $8.30 price target on the stock.
Shares of Coastal Contacts (NYSE:COA) traded down 0.75% on Tuesday, hitting $7.95. 20,260 shares of the company’s stock traded hands. Coastal Contacts has a 1-year low of $4.43 and a 1-year high of $8.55. The stock’s 50-day moving average is $7.6 and its 200-day moving average is $6.35. The company’s market cap is $258.0 million.
Coastal Contacts Inc is an online direct-to-consumer retailer of contact lenses, eyeglasses, sunglasses and vision care accessories serving over 10 markets around the world, including Canada, the United States, Sweden, Norway and Japan.
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