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

May 17, 2018 - By Eugene Smith

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 is negative, 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.
28,026 are held by Liberty Mutual Grp Inc Asset. Credit Suisse Ag holds 317,562 shares or 0.01% of its portfolio. Louisiana State Employees Retirement Sys has 27,900 shares for 0.03% of their portfolio. Moreover, Hbk Invs Limited Partnership has 0.02% invested in The Michaels Companies, Inc. (NASDAQ:MIK). Stevens Cap Management Lp invested 0.02% in The Michaels Companies, Inc. (NASDAQ:MIK). Swiss Bancshares holds 0.01% or 200,343 shares in its portfolio. Balyasny Asset Mgmt Ltd Liability Company reported 0.06% stake. Schwab Charles Management Inc accumulated 543,922 shares. Federated Invsts Inc Pa has 0.01% invested in The Michaels Companies, Inc. (NASDAQ:MIK) for 154,632 shares. Point72 Asset Mngmt L P reported 203,900 shares. Wellington Mngmt Gp Llp has invested 0.01% in The Michaels Companies, Inc. (NASDAQ:MIK). Royal National Bank Of Canada holds 982,658 shares. Rhumbline Advisers accumulated 0.01% or 203,310 shares. Shine Invest Advisory Serv reported 0% of its portfolio in The Michaels Companies, Inc. (NASDAQ:MIK). Glenmede Tru Na invested in 0% or 97 shares.

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 $69.18M giving it 12.47 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 increased 0.48% or $0.09 during the last trading session, reaching $18.95. About 878,544 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. Guggenheim maintained the shares of MIK in report on Thursday, March 22 with “Buy” rating. Stephens maintained the shares of MIK in report on Thursday, March 22 with “Buy” rating. The firm has “Buy” rating by Telsey Advisory given on Thursday, March 22. The firm earned “Outperform” rating on Thursday, January 25 by Telsey Advisory Group. Guggenheim maintained The Michaels Companies, Inc. (NASDAQ:MIK) rating on Wednesday, January 3. Guggenheim has “Buy” rating and $28.0 target. The stock of The Michaels Companies, Inc. (NASDAQ:MIK) has “Overweight” rating given on Friday, March 23 by JP Morgan. Loop Capital maintained the stock with “Hold” rating in Friday, March 23 report. Deutsche Bank maintained it with “Buy” rating and $25 target in Monday, March 19 report. Goldman Sachs upgraded The Michaels Companies, Inc. (NASDAQ:MIK) rating on Tuesday, January 16. Goldman Sachs has “Buy” rating and $32.0 target. The company was maintained on Thursday, March 22 by Piper Jaffray.

The Michaels Companies, Inc. owns and operates arts and crafts specialty retail stores in North America. The company has market cap of $3.45 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 9.04 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

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.




Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: