Analyst Ratings for Kate Spade & Co. (KATE)

Updated: 2017-07-11

Analysts covering Kate Spade & Co. (NYSE:KATE) have given it a consensus rating of Hold. About 30 days ago, KATE was issued an average rating of Hold.

Of the 17 analysts covering the stock, 0 gave it a buy rating, 0 issued an overweight rating, 17 gave a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Compared to three months ago, there has been an decrease of 7 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has increased by 0.

KATE was given price targets by several analysts. The most optimistic analyst gave a price target of 23, implying potential capital gains of 24.39 percent. The most pessimistic analyst gave a price target of 18, implying a possible loss of -2.65 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. The average change in earnings estimates over the last 90 days is -15.07 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -11.34 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.

The growth rate of KATE's earnings is estimated by analysts to be -30.34 percent. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. KATE has a PEG ratio of -0.55.

KATE has traded between a high of 24.24 and a low of 14.02 over the past year. The current market price is above the trailing year's low by 31.88 percent, and 23.72 percent below the high. KATE has a P/E ratio of 16.78. Investors typically compare the P/E ratio to a company's peers in the industry. The KATE value stock report compares KATE to some of its peers using value stock charts. The stock has a market capitalization of $2.38 billion. KATE's next earnings release will be on 0000-00-00, which is days away.