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.

Many analysts weighed in on price targets for KATE. The most optimistic analyst gave a price target of 23, which equates to a potential upside of 24.39 percent. The most pessimistic analyst gave a price target of 18, implying a possible loss of -2.65 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -15.07 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -11.34 percent.

People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.

KATE has an estimated earnings growth rate of -30.34 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 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. Currently the stock is 31.88 percent higher than its low, and 23.72 percent lower than its 52-week 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 stock has a market capitalization of $2.38 billion. KATE's next earnings release will be on 0000-00-00, which is days away.