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


The leading market experts have placed a mean price target of $55.55 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 $1.79 a share for the upcoming quarter and $4.57 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 $50.58, and stock is trading $-0.43 points away or -0.84% from its 50-day moving average of $50.58. Further it is trading $-1.02 or -2.00% away its 200-day moving average of $51.17. 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 $-9.34, it will post a 52-week high. In event of +43.99% 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 11.32.

The stock last ended the trading session at $50.15 and registered a market cap of $8.46B. 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 3.11.

1 Chart Pattern Every Investor Should Know

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