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

May 17, 2018 - By Linda Rogers

The Michaels Companies, Inc. (NASDAQ:MIK) LogoInvestors sentiment decreased to 1.28 in 2017 Q4. Its down 0.08, from 1.36 in 2017Q3. It dropped, 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.
Mutual Of America Management Limited Com holds 92,475 shares. State Of Alaska Department Of Revenue holds 0.01% or 8,900 shares. Kestrel Investment Management Corporation owns 409,675 shares. Meeder Asset Mngmt Inc stated it has 20,135 shares or 0.04% of all its holdings. Raymond James And Assocs reported 45,265 shares. 185,021 were reported by Manufacturers Life The. Putnam Invs Ltd Liability accumulated 288,728 shares. 519,553 were accumulated by Freestone Cap Hldgs Limited Liability Corporation. Icon Advisers has invested 0.08% in The Michaels Companies, Inc. (NASDAQ:MIK). The Nebraska-based Ameritas Invest Partners has invested 0.04% in The Michaels Companies, Inc. (NASDAQ:MIK). Qcm Cayman Ltd owns 11,057 shares or 1.11% of their US portfolio. Stevens Cap Management L P invested 0.02% of its portfolio in The Michaels Companies, Inc. (NASDAQ:MIK). Nordea Invest Mngmt Ab owns 116,910 shares or 0.01% of their US portfolio. Us State Bank De holds 0% or 13,300 shares in its portfolio. State Of Wisconsin Invest Board holds 22,854 shares or 0% of its portfolio.

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 $69.18M giving it 12.47 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 increased 0.48% or $0.09 during the last trading session, reaching $18.95. About 878,544 shares traded. The Michaels Companies, Inc. (NASDAQ:MIK) has declined 10.60% since May 17, 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. Guggenheim maintained the stock with “Buy” rating in Wednesday, January 3 report. Loop Capital maintained The Michaels Companies, Inc. (NASDAQ:MIK) on Friday, March 23 with “Hold” rating. On Monday, March 5 the stock rating was maintained by Piper Jaffray with “Sell”. The firm earned “Hold” rating on Tuesday, December 12 by Deutsche Bank. The rating was maintained by Guggenheim on Thursday, March 22 with “Buy”. The stock of The Michaels Companies, Inc. (NASDAQ:MIK) has “Buy” rating given on Monday, March 19 by Deutsche Bank. The stock of The Michaels Companies, Inc. (NASDAQ:MIK) has “Buy” rating given on Thursday, March 22 by Telsey Advisory. The stock of The Michaels Companies, Inc. (NASDAQ:MIK) has “Outperform” rating given on Thursday, January 25 by Telsey Advisory Group. The stock has “Buy” rating by Goldman Sachs on Tuesday, January 16. Piper Jaffray maintained it with “Sell” rating and $1500 target in Thursday, March 22 report.

The Michaels Companies, Inc. owns and operates arts and crafts specialty retail stores in North America. The company has market cap of $3.45 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 9.04 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.

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

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