Luxury Goods Stocks To Follow Now – November 7th

NIKE, Tapestry, Ralph Lauren, ON, V.F., lululemon athletica, and Amer Sports are the seven Luxury Goods stocks to watch today, according to MarketBeat’s stock screener tool. Luxury goods stocks are shares of companies that sell premium products, such as designer fashion, jewelry, watches, and high-end cars. For investors, they offer exposure to consumer spending on luxury brands, which can benefit from brand loyalty and pricing power but may be affected by economic downturns or shifts in affluent consumers’ spending. These companies had the highest dollar trading volume of any Luxury Goods stocks within the last several days.

NIKE (NKE)

NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, accessories, and services worldwide. The company provides athletic and casual footwear, apparel, and accessories under the Jumpman trademark; and casual sneakers, apparel, and accessories under the Converse, Chuck Taylor, All Star, One Star, Star Chevron, and Jack Purcell trademarks.

NYSE:NKE traded down $0.95 during mid-day trading on Friday, hitting $38.61. The company’s stock had a trading volume of 20,432,263 shares, compared to its average volume of 27,603,836. NIKE has a 1 year low of $31.97 and a 1 year high of $69.14. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.07 and a quick ratio of 1.39. The stock has a market cap of $57.35 billion, a price-to-earnings ratio of 18.56, a PEG ratio of 4.57 and a beta of 1.01. The business’s fifty day moving average is $36.91 and its two-hundred day moving average is $45.63.

Tapestry (TPR)

Tapestry, Inc. provides luxury accessories and branded lifestyle products in the United States, Japan, Greater China, and internationally. The company operates in three segments: Coach, Kate Spade, and Stuart Weitzman. It offers women’s handbags; and women’s accessories, such as small leather goods which includes mini and micro handbags, money pieces, wristlets, pouches, and cosmetic cases, as well as novelty accessories including address books, time management and travel accessories, sketchbooks, and portfolios; and belts, key rings, and charms.

Shares of NYSE TPR traded down $1.14 during trading on Friday, reaching $133.03. 3,332,569 shares of the company traded hands, compared to its average volume of 2,427,080. The stock has a market cap of $26.52 billion, a P/E ratio of 17.12, a PEG ratio of 1.53 and a beta of 1.44. The firm’s fifty day simple moving average is $117.41 and its 200 day simple moving average is $136.95. The company has a current ratio of 1.75, a quick ratio of 1.25 and a debt-to-equity ratio of 3.44. Tapestry has a 12-month low of $99.00 and a 12-month high of $164.80.

Ralph Lauren (RL)

Ralph Lauren Corporation designs, markets, and distributes lifestyle products in North America, Europe, Asia, and internationally. The company offers apparel, including a range of men’s, women’s, and children’s clothing; footwear and accessories, which comprise casual shoes, dress shoes, boots, sneakers, sandals, eyewear, watches, fashion and fine jewelry, scarves, hats, gloves, and umbrellas, as well as leather goods, such as handbags, luggage, small leather goods, and belts; home products consisting of bed and bath lines, furniture, fabric and wallcoverings, floor coverings, lighting, tabletop, kitchen linens, floor coverings, dining, decorative accessories, and giftware; and fragrances.

Shares of RL traded down $4.68 during mid-day trading on Friday, reaching $377.10. The company had a trading volume of 877,018 shares, compared to its average volume of 497,174. The stock has a market capitalization of $22.47 billion, a P/E ratio of 21.65, a PEG ratio of 1.79 and a beta of 1.30. Ralph Lauren has a 52-week low of $315.71 and a 52-week high of $421.60. The stock has a 50 day moving average of $363.95 and a two-hundred day moving average of $367.75. The company has a quick ratio of 1.42, a current ratio of 2.04 and a debt-to-equity ratio of 0.53.

ON (ONON)

On Holding AG engages in the development and distribution of sports products such as footwear, apparel, and accessories for high-performance running, outdoor, all-day activities, and tennis. It sells its products worldwide through independent retailers and global distributors, its own online presence, and its own stores.

NYSE:ONON traded down $0.17 during trading hours on Friday, reaching $37.37. The company had a trading volume of 7,251,433 shares, compared to its average volume of 9,764,323. The firm has a market cap of $23.85 billion, a PE ratio of 25.42, a price-to-earnings-growth ratio of 0.70 and a beta of 2.05. ON has a 1-year low of $26.36 and a 1-year high of $51.08. The business’s 50 day moving average price is $31.50 and its 200-day moving average price is $36.51. The company has a debt-to-equity ratio of 0.25, a current ratio of 2.83 and a quick ratio of 2.25.

V.F. (VFC)

VF Corp. engages in the business of producing and marketing apparel, footwear, and accessories. It operates through the following segments: Outdoor, Active, Work, and Other. The Outdoor segment includes authentic outdoor-based lifestyle brands such as performance-based and outdoor apparel, footwear, and equipment.

NYSE VFC traded up $0.03 during mid-day trading on Friday, reaching $20.35. 11,255,670 shares of the stock were exchanged, compared to its average volume of 11,294,657. The business’s 50 day moving average is $15.32 and its 200-day moving average is $16.98. V.F. has a 1 year low of $12.45 and a 1 year high of $22.27. The company has a market capitalization of $8.01 billion, a P/E ratio of 22.12, a P/E/G ratio of 0.83 and a beta of 1.49. The company has a debt-to-equity ratio of 1.48, a quick ratio of 0.85 and a current ratio of 1.47.

lululemon athletica (LULU)

Lululemon Athletica Inc., together with its subsidiaries, designs, distributes, and retails athletic apparel, footwear, and accessories under the lululemon brand for women and men. It offers pants, shorts, tops, and jackets for healthy lifestyle, such as yoga, running, training, and other activities.

LULU traded down $0.98 on Friday, reaching $110.79. The stock had a trading volume of 1,915,411 shares, compared to its average volume of 3,699,580. lululemon athletica has a 12-month low of $90.38 and a 12-month high of $225.98. The business’s 50-day moving average price is $102.16 and its two-hundred day moving average price is $132.24. The company has a market cap of $12.83 billion, a P/E ratio of 9.07, a price-to-earnings-growth ratio of 2.57 and a beta of 0.84.

Amer Sports (AS)

Amer Sports, Inc. designs, manufactures, markets, distributes, and sells sports equipment, apparel, footwear, and accessories in Europe, the Middle East, Africa, the Americas, China, and the Asia Pacific. It operates through three segments: Technical Apparel, Outdoor Performance, and Ball & Racquet Sports.

Shares of AS stock traded up $0.20 during mid-day trading on Friday, hitting $31.52. 6,631,899 shares of the stock were exchanged, compared to its average volume of 5,475,088. The firm has a fifty day moving average of $28.55 and a 200 day moving average of $33.58. The company has a quick ratio of 0.80, a current ratio of 1.76 and a debt-to-equity ratio of 0.11. Amer Sports has a 52-week low of $26.10 and a 52-week high of $42.76. The company has a market cap of $17.45 billion, a PE ratio of 33.17, a price-to-earnings-growth ratio of 0.98 and a beta of 1.98.