Michael Kors Holdings Limited (KORS) belonging to the Consumer Discretionary sector has surged 0.35% and closed its last trading session at $37.74.
The company reported its EPS on 02/07/2017. Currently, the stock has a 1 Year Price Target of $42.
The consensus recommendation, according to Zacks Investment research, is 2.78. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell.
The Stock had a 2.89 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the analyst recommendations were 2.89 and 2.78 respectively.
Michael Kors Holdings Limited on 02/07/2017 reported its EPS as $1.64 with the analysts projecting the EPS of the stock as $1.63. The company beat the analyst EPS Estimate with the difference of $0.01. This shows a surprise factor of 0.6%.
Many analysts have provided their estimated foresights on Michael Kors Holdings Limited Earnings, with 24 analysts believing the company would generate an Average Estimate of $0.7.
Whereas they predicted High and Low Earnings Estimate as $0.72 and $0.68 respectively. While in the same Quarter Previous year, the Actual EPS was $0.98.
Analysts are also projecting an Average Revenue Estimate for Michael Kors Holdings Limited as $1.05 Billion in the Current Quarter. This estimate is provided by 22 analysts.
The High Revenue estimate is predicted as 1.06 Billion, while the Low Revenue Estimate prediction stands at 1.01 Billion. The company’s last year sales total was 1.2 Billion.
For the Current Quarter, the growth estimate for Michael Kors Holdings Limited is -28.6%, while for the Next Quarter the stock growth estimate is -5.7%.
In the past 5 years, the stock showed growth of 34.91% per annum. While for the next 5 years, the growth estimate is 4.01%.
The Company got Downgrade by Piper Jaffray on 3-Jan-17 from Overweight to Neutral.
Insider Trades for Michael Kors Holdings Limited show that the latest trade was made on 13 Dec 2016 where Kors (Michael David), the Chairman of the Board completed a transaction type “Gift” in which 5400 shares were traded at a price of $0.
23 analysts projected Price Targets for Michael Kors Holdings Limited. The analysts believe that the company stock price could grow as high as $65. The Low Price target projection by analysts is $34 and the Mean Price Target is $42.
Michael Kors Holdings Limited (KORS) has the market capitalization of $6.07 Billion. The company rocked its 52-Week High of $58.63 on Apr 4, 2016 and touched its 52-Week Low of $34.92 on Feb 7, 2017.
The stock has Return on Assets (ROA) of 28.1 percent. Return on Equity (ROE) stands at 41.5% and Return on Investment (ROI) of 42.1 percent.
The stock is currently showing YTD performance of -12.19 Percent. The company has Beta Value of 0.34 and ATR value of 0.97. The Weekly and Monthly Volatility stands at 1.97% and 2.19%.