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.

Several price targets were given for KATE by the analysts covering the stock. The highest price target was 23, implying a possible profit of 24.39 percent. The most pessimistic price target was 18, implying a possible loss of -2.65 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

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. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. 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. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 0 analysts that decreased their estimates. 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.

Analysts estimate earnings of KATE to grow at a rate of -30.34 percent. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of KATE is -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 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.