Skechers U.S.A., Inc. (SKX) retreated with the stock falling -3.3% or $-0.83 to close at $24.29 on active trading volume of 2.18M compared its three months average trading volume of 2.17M. The Manhattan Beach California 90266 based company operating under the Textile – Apparel Footwear & Accessories industry has been trending down for the last 52 weeks, with the shares price now -16.44% down for the period and down by -1.18% so far this year. With price target of $26.78 and a 29.13% rebound from 52-week low, Skechers U.S.A., Inc. has plenty of upside potential, making it a hold with a view buy.
Skechers U.S.A., Inc. designs, develops, markets, and distributes footwear for men, women, and children; and performance footwear for men and women under the Skechers GO brand name worldwide. It operates through three segments: Domestic Wholesale Sales, International Wholesale Sales, and Retail Sales. The company offers casual footwear, including boots, shoes, and sandals for men, as well as oxfords and slip-ons, lug outsole and fashion boots, and casual sandals for women; dress casuals, seasonal sandals and boots, and relaxed fit casuals for men and women; and casual fusion line for young men and women under the Skechers USA brand. It also provides footwear collection for men and women, including lightweight sport athletic lifestyle products, classic athletic-inspired styles, and sport sandals and boots under the Skechers Sport brand name; casual and sporty styles sneakers for females under the Skechers Active and Skechers Sport Active brand; and footwear for women and girls under the BOBS from Skechers name. In addition, the company offers casual, dress, and active styles, as well as casual sneakers for men under the Mark Nason name; technical footwear under the Skechers Performance brand; and boots, shoes, sneakers, and sandals for infants, toddlers, boys, and girls under the Skechers Kids name. Further, it provides men’s and women’s casuals, such as field boots, hikers, and athletic shoes under the Skechers Work brand. The company sells its products through approximately 1,545 company-owned and third-party retail stores; and department and specialty stores, as well as through its e-commerce Website in approximately 160 countries and territories. Skechers U.S.A., Inc. was founded in 1992 and is headquartered in Manhattan Beach, California.
Ralph Lauren Corporation (RL) had a active trading with around 2.17M shares changing hands compared to its three month average trading volume of 1.05M. The stock traded between $86.53 and $88.47 before closing at the price of $87.37 with -1.2% change on the day. The New York New York 10022 based company is currently trading 8.68% above its 52 week low of $82.15 and -22.94% below its 52 week high of $114. Both the RSI indicator and target price of and $103.89 respectively, lead us to believe that it could rise over the coming weeks.
Ralph Lauren Corporation designs, markets, and distributes lifestyle products worldwide. The company operates in three segments: Wholesale, Retail, and Licensing. It offers apparel, including a range of men’s, women’s, and children’s clothing; accessories, which comprise footwear, eyewear, watches, fine jewelry, hats, belts, and leather goods, such as handbags and luggage; home products consisting of bedding and bath products, furniture, fabrics and wallpapers, lightings, paints, tabletops, and giftware; and fragrances. The company sells apparel and accessories under the Ralph Lauren Collection, Purple Label, Black Label, Polo Ralph Lauren, Polo Sport, Double RL, RLX Ralph Lauren, Lauren Ralph Lauren, Ralph by Ralph Lauren, Polo and RLX Golf, Ralph Lauren Children, Denim & Supply Ralph Lauren, Chaps, Club Monaco, American Living, and other brand names; women’s fragrances under the Safari, Ralph Lauren Blue, Lauren, Romance, RALPH collection, and Big Pony collection brand names; and men’s fragrances under the Safari, Polo Sport, Polo Green, Polo Blue, Polo Blue Sport, Purple Label, Polo Black, Double Black, Big Pony collection, Polo Red collection, and Polo Supreme Oud brand names. Ralph Lauren Corporation sells its products to department stores, specialty stores, and golf and pro shops, as well as through its retail stores, concession-based shop-within-shops, and its e-commerce sites. The company also sells its apparel, home, and other products through licensing alliances. As of April 2, 2016, it operated 493 directly-operated freestanding stores and 583 concession-based shop-within-shops. Ralph Lauren Corporation was founded in 1967 and is based in New York, New York.
F.N.B. Corporation (FNB) saw its value decrease by -0.74% as the stock dropped $-0.11 to finish the day at a closing price of $14.83. The stock was lighter in trading and has fluctuated between $11.44-$16.43 per share for the past year. The shares, which traded within a range of $14.81 to $15.3 during the day, are up by 14.39% in the past three months and up by 26.12% over the past six months. It is currently trading -4.4% below its 20 day moving average and -4.81% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $16.93 a share over the next twelve months. The current relative strength index (RSI) reading is 37.51.The technical indicator lead us to believe there will be no major movement any time soon, hold.
F.N.B. Corporation, a financial holding company, provides a range of financial services to consumers, corporations, governments, and small- to medium-sized businesses primarily in Pennsylvania, eastern Ohio, and northern West Virginia. It operates through four segments: Community Banking, Wealth Management, Insurance, and Consumer Finance. The Community Banking segment offers various deposit products, such as commercial and individual demand, savings, and time deposit accounts; and commercial, mortgage, and individual installment loans. The Wealth Management segment provides a range of personal and corporate fiduciary services, including the administration of decedent and trust estates; investment products and services for customers through a networking relationship with a third-party licensed brokerage firm; and investment programs consisting of mutual funds, annuities, stocks, and bonds for individuals, corporations, and retirement funds, as well as community banking customers. The Insurance segment operates as a full-service insurance brokerage agency that offers commercial and personal insurance products through various carriers to businesses and individuals; acts as a reinsurer to underwrite credit life, and accident and health insurance products; and provides title insurance products. The Consumer Finance segment is primarily involved in making personal installment loans to individuals; and purchasing installment sales finance contracts from retail merchants. The company also offers mezzanine financing options for small-to medium-sized businesses; and new or used equipment commercial loans and leasing services. As of December 31, 2015, it had 288 community banking offices in Pennsylvania, Ohio, Maryland, and West Virginia; and 76 consumer finance offices in Pennsylvania, Ohio, Tennessee, and Kentucky. F.N.B. Corporation was founded in 1974 and is headquartered in Pittsburgh, Pennsylvania.