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.
A number of analysts gave price targets for KORS. The most optimistic price target was 60, implying a possible profit of 71.38 percent. The most pessimistic price target was 26, implying a possible loss of -25.74 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0.82 percent. The average change in earnings estimates over the last 90 days is -21.41 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.14 percent, as compared to a month ago. 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 have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Over the same time period, 1 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.
KORS has an estimated earnings growth rate of 9.66 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. KORS has a PEG ratio of 1.12.
In the trailing 52-weeks, KORS hit 53.29 at the highest peak, while it's lowest trading point was 32.38. Today's price is 8.12 percent above the 52-week low, and 34.3 percent lower than its 52-week high. 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 stock has a market capitalization of $5.44 billion. KORS's next earnings release will be on 0000-00-00, which is days away.