Notable Upgrades: Coach (COH), Lowe’s (LOW), Netflix (NFLX), Foamix (FOMX), Gulfport Energy (GPOR)

Analysts at Barclays are out with a report this morning upgrading shares of Coach, Inc. (COH) with an ‘Overweight‘ from ‘Equal Weight‘ rating. The firm raised its price target for the company to $50 from $38, implying 31% expected upside.

Coach Inc. shares are currently priced at 21.00x this year’s forecasted earnings, compared to the industry’s 22.00x earnings multiple. Ticker has a forward P/E of 21.40 and t-12 price-to-sales ratio of 2.56. EPS for the same period is $2.05.

In the past 52 weeks, shares of New York-based company have traded between a low of $32.72 and a high of $50.60 and are now at $43.09. Shares are down 11.28% year-over-year ; up 12.08% year-to-date.

Analysts at Piper Jaffray upgraded their rating on the shares of Lowe’s Companies Inc. (LOW). In a research note published on Thursday, the firm lifted the name with an ‘Overweight‘ from ‘Neutral‘ rating.

On valuation measures, Lowe’s Cos. shares are currently priced at 27.42x this year’s forecasted earnings compared to the industry’s 22.00x earnings multiple. Ticker has a PEG and forward P/E ratio of 1.24 and 18.83, respectively. Price/Sales for the same period is 1.24 while EPS is $2.71. Currently there are 14 analysts that rate LOW a ‘Buy‘, 13 rate it a ‘Hold‘. No analyst rates it a ‘Sell‘. LOW has a median Wall Street price target of $80.00 with a high target of $85.00.

Netflix, Inc. (NFLX) was raised to ‘Outperform‘ from ‘Market Perform‘ and it was given a $900 from $400 price target at FBR Capital on Thursday.

NFLX is up $79.15 at $554.61 on heavy volume. Midway through trading Thursday, 10.49 million shares of Netflix Inc. have exchanged hands as compared to its average daily volume of 2.52 million shares. The stock ranged in a price between $530.00-$556.95 after having opened the day at $531.60 as compared to the previous trading day’s close of $475.46.

In the past 52 weeks, shares of Los Gatos California-based video streaming service have traded between a low of $299.50 and a high of $556.95. Shares are up 43.39% year-over-year and 39.18% year-to-date.

In a report published Thursday, Guggenheim analysts initiated coverage on Foamix Pharmaceuticals Ltd. (FOMX) with a ‘Buy‘ rating and $14 price target.

On valuation measures, Foamix Pharmaceuticals Ltd. shares have a t-12 price/sales ratio of 44.36. EPS is ($0.79). Currently there are 4 analysts that rate FOMX a ‘Buy’. No analyst rates it a ‘Hold’ or a ‘Sell’. FOMX has a median Wall Street price target of $22.50 with a high target of $38.00.

In the past 52 weeks, shares of Oklahoma City, Oklahoma-based company have traded between a low of $4.75 and a high of $11.30 and are now at $10.88. Shares are up 52.64% year-to-date.

Gulfport Energy Corp. (GPOR) was reiterated a ‘Buy’ by Topeka Capital Markets analysts on Thursday. The broker also raised its price target on the stock to $62 from $58.

Fundamentally, GPOR shows the following financial data:

  • $142.34 million in cash in most recent quarter
  • $3.63 billion t-12 total assets
  • $2.3 billion total equity
  • $671.27 million t-12 revenue
  • $247.4 million annual net income
  • ($926.43) million free cash flow

On valuation measures, Gulfport Energy Corp. shares have a T-12 price/sales ratio of 6.39 and a price/book for the same period of 1.87. EPS registers at $2.88. The name has a market cap of $4.41 billion and a median Wall Street price target of $56.00 with a high target of $73.00. Currently there are 24 analysts that rate GPOR a ‘Buy’, 8 rate it a ‘Hold’. No analyst rates it a ‘Sell’.

In terms of share statistics, Gulfport Energy Corp. has a total of 85.69 million shares outstanding with 0.50% held by insiders and 105.90% held by institutions. The stock’s short interest currently stands at 5.55%, bringing the total number of shares sold short to 4.73 million.

Shares of the Oklahoma City, Oklahoma-based company are down 32.31% year-over-year ; up 20.00% year-to-date.

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