Technical Snapshots for These Textile Stocks -- Crocs, Fossil, Iconix Brand, and Steven Madden
NEW YORK, August 31, 2017 /PRNewswire/ --
If you want a Stock Review on CROX, FOSL, ICON, or SHOO then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. DailyStockTracker.com observes the most recent performances of the following equities: Textile Apparel Footwear and Accessories equities: Crocs Inc. (NASDAQ: CROX), Fossil Group Inc. (NASDAQ: FOSL), Iconix Brand Group Inc. (NASDAQ: ICON), and Steven Madden Ltd (NASDAQ: SHOO). Footwear and accessories companies design, manufacture, and retail fashion products related to footwear along with other equipment and accessories. They are structured as corporations and, on average, offer average dividend yields that are in-line with the wider market. Access DailyStockTracker.com's complimentary reports for today's stocks line-up at:
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Crocs
Shares in Niwot, Colorado headquartered Crocs Inc. saw a slight decline of 0.11%, ending Wednesday's trading session at $8.79. The stock recorded a trading volume of 667,635 shares. The Company's shares have gained 11.13% in the last one month, 25.93% over the last three months, and 28.13% on an YTD basis. The stock is trading 8.94% and 21.62% above its 50-day and 200-day moving averages, respectively. Moreover, shares of Crocs, which together with its subsidiaries, designs, develops, manufactures, markets, and distributes casual lifestyle footwear and accessories for men, women, and children worldwide, have a Relative Strength Index (RSI) of 55.16.
On August 02nd, 2017, Crocs announced a product collaboration on a line of special-edition footwear styles for women and children, designed in partnership with Drew Barrymore. The Drew Barrymore ♥ Crocs line will launch globally in the spring of 2018, combining the comfort and bold colors consumers love about the Brand with touches of Barrymore's personal design style - including exclusive graphics and embellishments. Visit us today and access your complete report on CROX for free at:
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Fossil Group
Richardson, Texas headquartered Fossil Group Inc.'s stock dropped 3.82%, closing the day at $8.55 with a total trading volume of 2.62 million shares. The Company's shares are trading 12.24% below their 50-day moving average. Shares of the Company, which together with its subsidiaries, designs, develops, markets, and distributes consumer fashion accessories, have an RSI of 45.28.
On August 09th, 2017, research firm Telsey Advisory Group reiterated its 'Market Perform' rating on the Company's stock with a decrease of the target price from $13 a share to $11 a share.
On August 30th, 2017, Fossil Group announced, ahead of IFA® 2017, a massive expansion of its wearables business. In 2018, the Company will add new brands to its touchscreen smartwatch lineup powered by Google's Android Wear™. This is in addition to the five current brands - Diesel, Emporio Armani, Fossil, Michael Kors, and Misfit - that will offer customers new, full-round touchscreen smartwatches in time for fall and holiday 2017. The complimentary research report on FOSL can be accessed at:
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Iconix Brand Group
On Wednesday, shares in New York-based Iconix Brand Group Inc. recorded a trading volume of 545,100 shares, which was higher than their three months average volume of 528,300 shares. The stock ended the day 3.23% lower at $5.40. The Company's shares are trading below their 50-day moving average by 13.37%. Furthermore, shares of Iconix Brand, which owns, licenses, and markets a portfolio of consumer brands across the women's, men's, entertainment, and home industries in the US and internationally, have an RSI of 40.89.
On August 21st, 2017, Iconix Brand announced that it has amended its $100-million variable funding notes to extend the renewal date from January 2018 to January 2020. With this amendment, the Company will have no long-term debt maturities prior to 2020. Register for free on DailyStockTracker.com and download the research report on ICON at:
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Steven Madden
Long Island City, New York-based Steven Madden Ltd's stock climbed 0.72%, finishing yesterday's session at $41.80. A total volume of 537,985 shares was traded, which was above their three months average volume of 473,800 shares. The Company's shares have advanced 7.04% in the previous three months and 16.92% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 3.53% and 9.66%, respectively. Additionally, shares of Steven Madden, which designs, sources, markets, and sells fashion-forward name brand and private label footwear for women, men, and children worldwide, have an RSI of 53.69.
On August 01st, 2017, Steven Madden announced financial results for Q2 ended June 30th, 2017. For the quarter, net sales were $374.1 million; gross margin was 37.3%; operating expenses as a percentage of sales were 26.6%; operating income totaled $41.9 million; and net income was $29.0 million. As of June 30th, 2017, cash, cash equivalents, and current and non-current marketable securities totaled $198.6 million.
On August 15th, 2017, research firm Wedbush initiated an 'Outperform' rating on the Company's stock, with a target price of $48 per share. Get free access to your research report on SHOO at:
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