Stock To Watch: Michael Kors Holdings Limited (NYSE:KORS)


The leading market experts have placed a mean price target of $56.00 on Michael Kors Holdings Limited (NYSE:KORS) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $1.03 a share for the upcoming quarter and $4.60 for the current fiscal. Technical View The technical analysis of Michael Kors Holdings Limited O plainly substantiates that the 50-day moving average of Michael Kors Holdings Limited O is $48.00, and stock is hovering 3.10 or +6.46% distant from $48.00. It is noted that the 200-day MA is $49.01, and Michael Kors Holdings Limited O stock is $2.09 or +4.27% off from this point. Michael Kors Holdings Limited (NYSE:KORS) 52-week high is $59.49 and the 52-week low is $34.83. This explains if the stock moves $-8.39, it will post a 52-week high. In event of $+46.71% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Michael Kors Holdings Limited O, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Michael Kors Holdings Limited (NYSE:KORS) ratio came in at 11.51. The stock last ended the trading session at $51.10 and registered a market cap of $9.00B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Michael Kors Holdings Limited (NYSE:KORS) PEG ratio is at 2.28.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

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