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

May 22, 2018 - By Kurt Siggers

The Michaels Companies, Inc. (NASDAQ:MIK) LogoInvestors sentiment decreased to 1.28 in Q4 2017. Its down 0.08, from 1.36 in 2017Q3. It fall, 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.
Los Angeles Capital Management And Equity reported 955,490 shares. The Australia-based Amp Investors has invested 0% in The Michaels Companies, Inc. (NASDAQ:MIK). Shine Inv Advisory Svcs Inc holds 274 shares. Macquarie Gp Limited holds 0% or 1,300 shares. Kestrel Inv Mngmt owns 409,675 shares for 3.45% of their portfolio. Envestnet Asset Management Inc reported 143,991 shares or 0.01% of all its holdings. 27,900 are held by Louisiana State Employees Retirement. 1.05 million are owned by Wellington Mngmt Group Limited Liability Partnership. Engineers Gate Manager Lp reported 19,183 shares or 0.03% of all its holdings. Paloma Prtn Management Communications reported 0% stake. Qs Invsts Ltd Llc, New York-based fund reported 29 shares. Mutual Of America Capital Mngmt Limited holds 0.03% in The Michaels Companies, Inc. (NASDAQ:MIK) or 92,475 shares. Blair William And Il owns 0% invested in The Michaels Companies, Inc. (NASDAQ:MIK) for 22,869 shares. Advisory Service Ntwk Limited Liability Company, a Georgia-based fund reported 445 shares. Weaver C Barksdale Associates Inc stated it has 1,330 shares or 0.03% of all its holdings.

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 $69.18 million giving it 12.42 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 0.79% or $0.15 during the last trading session, reaching $18.88. About 331,598 shares traded. The Michaels Companies, Inc. (NASDAQ:MIK) has declined 10.60% since May 22, 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. Deutsche Bank maintained The Michaels Companies, Inc. (NASDAQ:MIK) on Monday, March 19 with “Buy” rating. The firm has “Buy” rating given on Tuesday, January 16 by Goldman Sachs. The rating was maintained by JP Morgan with “Overweight” on Friday, March 23. The firm has “Hold” rating given on Tuesday, December 12 by Deutsche Bank. The stock of The Michaels Companies, Inc. (NASDAQ:MIK) earned “Buy” rating by Guggenheim on Wednesday, January 3. The rating was maintained by Morgan Stanley with “Overweight” on Friday, March 23. The stock of The Michaels Companies, Inc. (NASDAQ:MIK) earned “Hold” rating by Loop Capital on Friday, March 23. On Thursday, March 22 the stock rating was maintained by Telsey Advisory with “Buy”. The rating was maintained by Piper Jaffray on Thursday, March 22 with “Sell”. The stock has “Buy” rating by Guggenheim 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 $3.44 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 9.01 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: Nasdaq.com, which released: “Research Report Identifies Kinder Morgan, Annaly Capital Management, VirnetX Holding, Thermo Fisher Scientific …” on May 07, 2018. Streetinsider.com‘s article titled: “Glenview Capital Enters AmerisourceBergen (ABC), Express Scripts (ESRX), T-Mobile (TMUS) (more…) -13F” and published on May 15, 2018 is yet another important article.

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

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