Michael Kors Holdings (KORS) Scheduled to Post Earnings on Wednesday
Michael Kors Holdings (NASDAQ:KORS) will post its Q414 quarterly earnings results on Wednesday, May 28th. Analysts expect Michael Kors Holdings to post earnings of $0.68 per share and revenue of $816.51 million for the quarter. Parties interested in participating in the company’s conference call can do so using this link.
Michael Kors Holdings (NASDAQ:KORS) opened at 96.40 on Tuesday. Michael Kors Holdings has a 52-week low of $56.15 and a 52-week high of $101.04. The stock’s 50-day moving average is $91.34 and its 200-day moving average is $88.07. The company has a market cap of $19.587 billion and a P/E ratio of 31.94.
Several analysts have recently commented on the stock. Analysts at Cowen and Company reiterated an “outperform” rating on shares of Michael Kors Holdings in a research note on Friday. They now have a $111.00 price target on the stock, up previously from $97.00. On a related note, analysts at Morgan Stanley initiated coverage on shares of Michael Kors Holdings in a research note on Tuesday, May 20th. They set a “buy” rating and a $117.00 price target on the stock. Finally, analysts at Topeka Capital Markets initiated coverage on shares of Michael Kors Holdings in a research note on Monday, May 19th. They set a “buy” rating and a $117.00 price target on the stock. One analyst has rated the stock with a sell rating, four have assigned a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. Michael Kors Holdings presently has an average rating of “Buy” and a consensus target price of $100.65.
Michael Kors Holdings Limited is a global lifestyle brand . The Company designs, materials and craftsmanship with a jet-set aesthetic that combines stylish elegance and a sporty attitude.
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