EPS for The Michaels Companies, Inc. (MIK) Expected At $0.38

May 17, 2018 - By Jeanette Kaplan

The Michaels Companies, Inc. (NASDAQ:MIK) LogoInvestors sentiment decreased to 1.28 in 2017 Q4. Its down 0.08, from 1.36 in 2017Q3. It dived, as 24 investors sold The Michaels Companies, Inc. shares while 76 reduced holdings. 52 funds opened positions while 76 raised stakes. 187.52 million shares or 0.05% more from 187.41 million shares in 2017Q3 were reported.
Apg Asset Management Nv reported 1.21M shares. Ubs Asset Mgmt Americas invested in 113,265 shares or 0% of the stock. Sterling Management Ltd Liability Company holds 0.01% in The Michaels Companies, Inc. (NASDAQ:MIK) or 41,860 shares. 781,827 were accumulated by Thrivent For Lutherans. Blair William And Il, Illinois-based fund reported 22,869 shares. Oregon Pub Employees Retirement Fund has 0.01% invested in The Michaels Companies, Inc. (NASDAQ:MIK). American Intll Gru Inc holds 228,785 shares. 182,614 are held by California Employees Retirement System. Fincl Bank Of Mellon reported 0.01% of its portfolio in The Michaels Companies, Inc. (NASDAQ:MIK). Glenmede Trust Co Na holds 0% or 97 shares in its portfolio. Sg Americas Ltd holds 108,332 shares or 0.02% of its portfolio. Macquarie Grp Inc Ltd owns 0% invested in The Michaels Companies, Inc. (NASDAQ:MIK) for 1,300 shares. Hbk Investments L P has 88,753 shares for 0.02% of their portfolio. Moreover, Campbell & Adviser Lc has 0.25% invested in The Michaels Companies, Inc. (NASDAQ:MIK). Schwab Charles Investment Mngmt invested in 543,922 shares or 0.01% of the stock.

Analysts expect The Michaels Companies, Inc. (NASDAQ:MIK) to report $0.38 EPS on June, 5.They anticipate $0.00 EPS change or 0.00 % from last quarter’s $0.38 EPS. MIK’s profit would be $69.17M giving it 12.41 P/E if the $0.38 EPS is correct. After having $1.19 EPS previously, The Michaels Companies, Inc.’s analysts see -68.07 % EPS growth. The stock decreased 0.47% or $0.09 during the last trading session, reaching $18.86. About 990,221 shares traded. The Michaels Companies, Inc. (NASDAQ:MIK) has declined 10.60% since May 17, 2017 and is downtrending. It has underperformed by 22.15% the S&P500.

The Michaels Companies, Inc. (NASDAQ:MIK) Ratings Coverage

Among 12 analysts covering Michaels Companies (NASDAQ:MIK), 8 have Buy rating, 1 Sell and 3 Hold. Therefore 67% are positive. Michaels Companies had 16 analyst reports since November 30, 2017 according to SRatingsIntel. The company was maintained on Friday, March 23 by JP Morgan. The stock of The Michaels Companies, Inc. (NASDAQ:MIK) earned “Buy” rating by Telsey Advisory on Thursday, March 22. As per Thursday, January 25, the company rating was upgraded by Telsey Advisory Group. Morgan Stanley maintained the stock with “Overweight” rating in Friday, March 23 report. The stock has “Buy” rating by Goldman Sachs on Tuesday, January 16. The rating was maintained by Deutsche Bank with “Buy” on Monday, March 19. The company was maintained on Friday, March 23 by Loop Capital. As per Wednesday, January 3, the company rating was maintained by Guggenheim. The rating was maintained by Piper Jaffray with “Sell” on Monday, March 5. The firm has “Buy” rating by Guggenheim given on Thursday, March 22.

The Michaels Companies, Inc. owns and operates arts and crafts specialty retail stores in North America. The company has market cap of $3.43 billion. It operates Michaels stores that offer approximately 33,000 stock-keeping units in crafts, home decor and seasonal, framing, and paper crafting; and Aaron Brothers stores, which offer approximately 5,900 SKUs, including photo frames, a line of ready-made frames, art prints, framed art, art supplies, and custom framing. It has a 9 P/E ratio. The firm also operates Pat Catan's stores that provide approximately 53,000 SKUs, including an assortment of kids craft items, fine art supplies, yarn, floral supplies, scrapbooking materials, home decor, bakeware, and wedding related merchandise.

More news for The Michaels Companies, Inc. (NASDAQ:MIK) were recently published by: Streetinsider.com, which released: “Glenview Capital Enters AmerisourceBergen (ABC), Express Scripts (ESRX), T-Mobile (TMUS) (more…) -13F” on May 15, 2018. Nasdaq.com‘s article titled: “Research Report Identifies Kinder Morgan, Annaly Capital Management, VirnetX Holding, Thermo Fisher Scientific …” and published on May 07, 2018 is yet another important article.

The Michaels Companies, Inc. (NASDAQ:MIK) Ratings Chart

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