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 price target was 23, implying a possible profit of 24.39 percent. The most pessimistic analyst gave a price target of 18, implying a possible loss of -2.65 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -15.07 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -11.34 percent.

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, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts made negative revisions to their fiscal year's estimates.

Analysts estimate earnings of KATE to grow at a rate of -30.34 percent. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. KATE has a PEG ratio of -0.55.

KATE has a 52-week high of 24.24 and a 52-week low of 14.02. Today's price is 31.88 percent above the 52-week low, and 23.72 percent below the high. KATE has a price/earnings 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 market cap of KATE is $2.38 billion. KATE's next earnings release will be on 0000-00-00, which is days away.