Trading Report: Today: Recent Research Analysts’ Ratings Updates for Michael Kors Holdings (KORS)

Today: Recent Research Analysts’ Ratings Updates for Michael Kors Holdings (KORS)

Several brokerages have updated their recommendations and price targets on shares of Michael Kors Holdings (NYSE: KORS) in the last few weeks:

Michael Kors Holdings Ltd. (NYSE:KORS) traded down 1.90% during midday trading on Monday, hitting $47.98. The company’s stock had a trading volume of 923,029 shares. The company’s 50-day moving average is $48.52 and its 200 day moving average is $48.54. The company has a market cap of $7.87 billion, a price-to-earnings ratio of 10.94 and a beta of 0.84. Michael Kors Holdings Ltd. has a one year low of $34.83 and a one year high of $59.49.

Michael Kors Holdings (NYSE:KORS) last issued its quarterly earnings data on Thursday, November 10th. The lifestyle brand reported $0.95 earnings per share for the quarter, beating analysts’ consensus estimates of $0.88 by $0.07. Michael Kors Holdings had a return on equity of 42.50% and a net margin of 16.94%. The company had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.09 billion. During the same quarter last year, the company earned $1.07 earnings per share. The firm’s revenue for the quarter was down 3.7% compared to the same quarter last year. On average, analysts predict that Michael Kors Holdings Ltd. will post $4.41 EPS for the current year.

Related posts

Leave a Comment