Analyst Ratings for Michael Kors Holdings Ltd. (KORS)Updated: 2017-07-26
Analysts covering Michael Kors Holdings Ltd. (NYSE:KORS) have given it a consensus rating of Hold. About 30 days ago, KORS was issued an average rating of Hold.
Of the 23 analysts covering the stock, 3 gave it a buy rating, 0 issued an overweight rating, 18 issued a hold rating, 0 gave an underweight rating, and 2 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. Meanwhile, the number of analysts pessimistic about the company has increased by 2.
KORS was given price targets by several analysts. The most optimistic price target was 60, implying a possible profit of 71.38 percent. The minimum price target given was 26, implying potential capital losses of -25.74 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0.82 percent. That number becomes -21.41 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised downwards by -0.14 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -11.44 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. 1 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 1 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.
The growth rate of KORS's earnings is estimated by analysts to be 9.66 percent. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. KORS has a PEG ratio of 1.12.
KORS has traded between a high of 53.29 and a low of 32.38 over the past year. Today's price is 8.12 percent above the 52-week low, and below the high by 34.3 percent. KORS has a price/earnings ratio of 10.78. Investors typically compare the P/E ratio to a company's peers in the industry. The KORS value stock report compares KORS to some of its peers using value stock charts. The market cap of KORS is $5.44 billion. KORS's next earnings release will be on 0000-00-00, which is days away.