TheStreet reaffirms support rating for Michael Kors Holdings (KORS)

       The analysts wrote: "Michael Kors Holdings (KORS) has been confirmed by TheStreet Ratings with a performance score of C. The company's strengths can be used in several areas, such as its notable return on equity, robust revenue growth and largely solid financial position with reasonable debt be seen by most measures. contrary However, these strengths, we find that even the action is at a premium rating. "

A number of other analysts have recently weighed in on KORS. Analysts at BMO Capital Markets initiated coverage on shares of Michael Kors Holdings in a research note to investors on Tuesday. They set a "market perform" rating and a price target of $ 65.00 on the stock. Also analysts at Deutsche Bank initiated coverage on shares of Michael Kors Holdings in a research note to investors on Tuesday, 25 June you put a note with a "buy" rating and a $ 70.00 price target on the stock. Finally analysts by Thomson Reuters / Verus shares of Michael Kors Holdings a "hold" rating downgraded to a "sell-side" in a research note to investors Monday, 3rd June

Two analysts rated the stock with a rating of sale issued four held a note sixteen was a buy rating and a rating of two strong treasury shares were allocated. Michael Kors Holdings has an average rating of "buy" and a consensus price target of $ 70.35.

Shares of Michael Kors Holdings (NASDAQ: KORS) traded up 0.11% during mid-day meeting Wednesday, hitting $ 64.24. Michael Kors Holdings aa year low of $ 37.77 and a high of $ 66.18 per year. 50-day average share price is currently $ 61 .. The company has a market capitalization of $ 12902000000 and a P / E ratio of 32.57.

Michael Kors Holdings (NASDAQ: KORS) Last posted quarterly results Wednesday 29 Mai The company reported $ 0.50 per share for the quarter, beating the Thomson Reuters consensus estimate of $ 0.39 by $ 0.11. The company had a turnover of 597 .20 million for the quarter, compared with the consensus estimate of $ 000 546 070 In the same period last year, the company generated $ 0.21 earnings per share. Quarterly sales of the company grew by 57.2% on a year by year. Michael Kors Holdings has its direction Q1 0.46 to $ 0.48 per share and its FY14 guidance to $ 2.43 to 2.47 EPS. On average, analysts predict that Michael Kors Holdings $ 2.57 earnings per share for the year.

Michael Kors Holdings Limited is a designer, marketer, and retailer of clothing and accessories brand women's and men's clothing.'s Name and MICHAEL KORS Michael Kors, MICHAEL Michael Kors, KORS MICHAEL KORS and various other related logos