On May, 30 Analysts See $0.59 EPS for Michael Kors Holdings Limited (KORS)

May 16, 2018 - By Kevin Carney

Michael Kors Holdings Limited (NYSE:KORS) Corporate Logo
Big Money Sentiment increased to 1.44 in 2017 Q4. It has change of 0.50, from 2017Q3’s 0.94. The ratio increased due to Michael Kors Holdings Limited positioning: 36 sold and 112 reduced. 103 funds took holdings and 110 increased holdings. Investors holded 126.63 million in 2017Q3 but now own 120.12 million shares or 5.14% less.
Art Advsr Ltd Liability invested 0.27% of its capital in Michael Kors Holdings Limited (NYSE:KORS). Moreover, Oppenheimer And Com Incorporated has 0.01% invested in Michael Kors Holdings Limited (NYSE:KORS). Millennium Mgmt Ltd has invested 0.01% in Michael Kors Holdings Limited (NYSE:KORS). Cibc Asset, a Ontario – Canada-based fund reported 12,388 shs. Michigan-based Comerica Commercial Bank has invested 0.02% in Michael Kors Holdings Limited (NYSE:KORS). Amp Investors Ltd holds 236,969 shs or 0.08% of its capital. Meeder Asset Mgmt Incorporated has 0.24% invested in Michael Kors Holdings Limited (NYSE:KORS). Acadian Asset Mngmt Ltd Liability Corp reported 0.26% of its capital in Michael Kors Holdings Limited (NYSE:KORS). Picton Mahoney Asset owns 91,900 shs. 57,258 are held by Gam Ag. Cibc Ww Markets reported 34,336 shs. Virtus Investment Advisers Inc holds 7,905 shs or 0.02% of its capital. Laurion Cap Mngmt L P reported 95,369 shs. Brown Brothers Harriman & stated it has 0% in Michael Kors Holdings Limited (NYSE:KORS). The Ohio-based Gateway Inv Advisers Lc has invested 0.12% in Michael Kors Holdings Limited (NYSE:KORS).

Michael Kors Holdings Limited had 6 insider sales and 0 insider buys since February 13, 2018. This’s net activity of $44.48 million. The insider IDOL JOHN D sold $9.34 million. Reitman Stephen F also sold $406,065 worth of Michael Kors Holdings Limited (NYSE:KORS) shs. The insider Kors Michael David sold $15.12M.

On May, 30 WallStreet awaited Michael Kors Holdings Limited (NYSE:KORS)’s earnings report, according to Zacks. Analysts expect change of 19.18 % or $0.14 from previous year’s $0.73 EPS compared to current’s $0.59 EPS. If $0.59 is reported, KORS’s profit will be $89.78M for 27.88 P/E. After $1.77 EPS was reported last quarter, analysts now see negative EPS growth of -66.67 % for Michael Kors Holdings Limited. Ticker’s shares touched $65.79 during the last trading session after 2.08% change.Michael Kors Holdings Limited is uptrending after having risen 62.72% since May 17, 2017. KORS has 2.29 million volume or 22.40% up from normal. KORS outperformed by 51.17% the S&P 500.

Michael Kors Holdings Limited (NYSE:KORS) Ratings Coverage

Total analysts of 19 have positions in Michael Kors Holdings Ltd (NYSE:KORS) as follows: 10 rated it a “Buy”, 0 with “Sell” and 9 with “Hold”. The positive are 53%. Since December 5, 2017 according to StockzIntelligence Inc Michael Kors Holdings Ltd has 26 analyst reports. On Monday, December 18 Jefferies maintained Michael Kors Holdings Limited (NYSE:KORS) with “Buy” rating. On Thursday, December 21 the rating was maintained by Robert W. Baird with “Hold”. On Monday, February 5 the rating was maintained by Canaccord Genuity with “Buy”. The company rating was reinitiated by Goldman Sachs on Tuesday, December 5. On Thursday, February 8 the firm has “Buy” rating given by Nomura. The stock rating was maintained by Robert W. Baird with “Hold” on Sunday, February 4. The company rating was maintained by Cowen & Co on Wednesday, January 31. On Wednesday, February 7 the stock has “Hold” rating by RBC Capital Markets. On Thursday, February 8 the stock has “Equal-Weight” rating by Barclays Capital. In Wednesday, February 7 report BMO Capital Markets maintained the stock with “Hold” rating.

Michael Kors Holdings Limited design, markets, distributes, and retails branded women??s apparel and accessories, and men??s apparel.The company has $10.01 billion market cap. The firm operates in three divisions: Retail, Wholesale, and Licensing.The P/E ratio is 19.76. The Retail segment is involved in the sale of women??s apparel; men's apparel; accessories, which include handbags and small leather goods, such as wallets; footwear; and licensed products comprising watches, jewelry, fragrances, beauty products, and eyewear.

A couple more Michael Kors Holdings Limited (NYSE:KORS) news were posted by: Businesswire.com which released on May 09, 2018 “Michael Kors Holdings Limited Announces Reporting Date For Fourth Quarter and Fiscal 2018 Financial Results”, also Streetinsider.com on May 15, 2018 posted “Einhorn’s Greenlight Capital Enters Office Depot (ODP), Abercrombie & Fitch (ANF) (more…) – 13F”, the next Nasdaq.com is “Why Michael Kors Holdings Ltd Stock Slipped Today” on May 03, 2018. Fool.com has article titled “Michael Kors Still Crushing Coach With Teens”.

Michael Kors Holdings Limited (NYSE:KORS) Analyst Ratings Chart

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