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 analyst gave a price target of 60, implying a possible profit of 71.38 percent. The most pessimistic analyst gave a price target of 26, which equates to a potential downside 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.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0.82 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -21.41 percent. Meanwhile, fiscal year estimates have been revised downwards by -0.14 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -11.44 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 1 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. Also over the last month, 1 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

Analysts estimate earnings of KORS to grow at a rate of 9.66 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, 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, 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 34.3 percent below the high. KORS has a P/E 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 will post this quarters earnings in days, on 0000-00-00.