$0.59 EPS Expected for Michael Kors Holdings Limited (KORS)

May 17, 2018 - By Linda Rogers

Michael Kors Holdings Limited (NYSE:KORS) LogoInvestors sentiment increased to 1.44 in 2017 Q4. Its up 0.50, from 0.94 in 2017Q3. It increased, as 36 investors sold Michael Kors Holdings Limited shares while 112 reduced holdings. 103 funds opened positions while 110 raised stakes. 120.12 million shares or 5.14% less from 126.63 million shares in 2017Q3 were reported.
Zeke Advsrs Lc invested in 3,935 shares or 0.03% of the stock. Pdts Limited Liability Company holds 1% of its portfolio in Michael Kors Holdings Limited (NYSE:KORS) for 545,500 shares. Mason Street Limited Liability Corporation holds 0.03% of its portfolio in Michael Kors Holdings Limited (NYSE:KORS) for 21,183 shares. Blair William And Il reported 4,016 shares or 0% of all its holdings. Stevens Limited Partnership holds 0.05% or 20,281 shares. Amundi Pioneer Asset owns 227,359 shares. Liberty Mutual Gp Asset Management Incorporated has 6,043 shares for 0.01% of their portfolio. United Kingdom-based Barclays Public Limited Liability Corp has invested 0.01% in Michael Kors Holdings Limited (NYSE:KORS). State Of New Jersey Common Pension Fund D reported 160,000 shares stake. Macquarie Gru reported 34,300 shares or 0% of all its holdings. Credit Agricole S A reported 0.02% in Michael Kors Holdings Limited (NYSE:KORS). Goldman Sachs Grp Incorporated Inc reported 2.43 million shares stake. Jennison Assocs Limited Liability has invested 0% of its portfolio in Michael Kors Holdings Limited (NYSE:KORS). California State Teachers Retirement System has 276,520 shares. Timpani Cap Mgmt Ltd Liability Corp invested in 15,883 shares.

Since February 13, 2018, it had 0 insider purchases, and 6 selling transactions for $44.48 million activity. 246,590 Michael Kors Holdings Limited (NYSE:KORS) shares with value of $15.12M were sold by Kors Michael David. The insider Benedetto M William sold $255,752. Shares for $406,065 were sold by Reitman Stephen F.

Analysts expect Michael Kors Holdings Limited (NYSE:KORS) to report $0.59 EPS on May, 30 before the open.They anticipate $0.14 EPS change or 19.18 % from last quarter’s $0.73 EPS. KORS’s profit would be $89.78M giving it 27.88 P/E if the $0.59 EPS is correct. After having $1.77 EPS previously, Michael Kors Holdings Limited’s analysts see -66.67 % EPS growth. The stock increased 2.08% or $1.34 during the last trading session, reaching $65.79. About 2.29 million shares traded or 22.40% up from the average. Michael Kors Holdings Limited (NYSE:KORS) has risen 62.72% since May 17, 2017 and is uptrending. It has outperformed by 51.17% the S&P500.

Michael Kors Holdings Limited (NYSE:KORS) Ratings Coverage

Among 19 analysts covering Michael Kors Holdings Ltd (NYSE:KORS), 10 have Buy rating, 0 Sell and 9 Hold. Therefore 53% are positive. Michael Kors Holdings Ltd had 26 analyst reports since December 5, 2017 according to SRatingsIntel. Needham initiated Michael Kors Holdings Limited (NYSE:KORS) rating on Tuesday, December 19. Needham has “Buy” rating and $69 target. The stock of Michael Kors Holdings Limited (NYSE:KORS) has “Hold” rating given on Wednesday, February 7 by BMO Capital Markets. Susquehanna maintained the shares of KORS in report on Thursday, February 8 with “Buy” rating. Oppenheimer maintained Michael Kors Holdings Limited (NYSE:KORS) on Wednesday, January 24 with “Outperform” rating. Jefferies maintained the shares of KORS in report on Wednesday, February 7 with “Buy” rating. Barclays Capital maintained the stock with “Equal-Weight” rating in Thursday, January 25 report. The firm earned “Hold” rating on Thursday, December 21 by Robert W. Baird. Needham maintained Michael Kors Holdings Limited (NYSE:KORS) on Thursday, February 8 with “Buy” rating. The firm earned “Buy” rating on Thursday, February 8 by Nomura. The rating was maintained by Susquehanna on Tuesday, January 23 with “Buy”.

Michael Kors Holdings Limited design, markets, distributes, and retails branded women??s apparel and accessories, and men??s apparel. The company has market cap of $10.01 billion. The firm operates in three divisions: Retail, Wholesale, and Licensing. It has a 19.76 P/E ratio. 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.

More important recent Michael Kors Holdings Limited (NYSE:KORS) news were published by: Nasdaq.com which released: “Michael Kors Still Crushing Coach With Teens” on April 21, 2018, also Streetinsider.com published article titled: “Einhorn’s Greenlight Capital Enters Office Depot (ODP), Abercrombie & Fitch (ANF) (more…) – 13F”, Businesswire.com published: “Michael Kors Holdings Limited Announces Reporting Date For Fourth Quarter and Fiscal 2018 Financial Results” on May 09, 2018. More interesting news about Michael Kors Holdings Limited (NYSE:KORS) was released by: Nasdaq.com and their article: “Why Michael Kors Holdings Ltd Stock Slipped Today” with publication date: May 03, 2018.

Michael Kors Holdings Limited (NYSE:KORS) 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 daily email newsletter.