EPS for The Michaels Companies, Inc. (MIK) Expected At $0.38 on June, 5

May 17, 2018 - By Andrea Pope

The Michaels Companies, Inc. (NASDAQ:MIK) Corporate Logo
Big Money Sentiment decreased to 1.28 in 2017 Q4. It has change of 0.08, from 2017Q3’s 1.36. The ratio dived due to The Michaels Companies, Inc. positioning: 24 sold and 76 reduced. 52 funds acquired holdings and 76 increased holdings. Investors holded 187.41 million in 2017Q3 but now own 187.52 million shares or 0.05% more.
Clark Estates New York has invested 0.65% in The Michaels Companies, Inc. (NASDAQ:MIK). Moreover, Qs has 0% invested in The Michaels Companies, Inc. (NASDAQ:MIK). Veritable Limited Partnership invested in 9,033 shs or 0% of the stock. Kestrel Inv Management Corporation holds 3.45% in The Michaels Companies, Inc. (NASDAQ:MIK) or 409,675 shs. The Texas-based Maverick Capital Limited has invested 0.04% in The Michaels Companies, Inc. (NASDAQ:MIK). Pnc Services Grp Incorporated invested in 15,337 shs or 0% of the stock. Jpmorgan Chase & stated it has 133,242 shs or 0% of all its holdings. Riverhead Capital Mngmt Ltd Liability stated it has 93,395 shs or 0.1% of all its holdings. Campbell Investment Adviser Lc reported 0.25% of its capital in The Michaels Companies, Inc. (NASDAQ:MIK). Retail Bank Of Montreal Can reported 639,778 shs. Great West Life Assurance Communication Can invested 0% of its capital in The Michaels Companies, Inc. (NASDAQ:MIK). Meeder Asset holds 0.04% or 20,135 shs. Paloma Partners Mngmt has 0% invested in The Michaels Companies, Inc. (NASDAQ:MIK) for 13,533 shs. Ellington Management Group Inc Ltd Llc reported 0.49% stake. Northern Trust Corp holds 879,963 shs.

The Michaels Companies, Inc. (NASDAQ:MIK) is awaited to publish earnings on June, 5., according to Zacks. Analysts predict $0.38 EPS, which is $0.00 or 0.00 % from 2017’s $0.38 EPS. MIK’s profit could be $69.18M with 12.47 P/E in case $0.38 EPS is announced. Analysts at Wall Street see The Michaels Companies, Inc.’s -68.07 % negative EPS growth compared to $1.19 EPS for last quarter. MIK is reaching $18.95 during the last trading session, after increased 0.48%.Currently The Michaels Companies, Inc. is downtrending after 10.60% change in last May 17, 2017. MIK has 878,544 shares volume. MIK underperformed by 22.15% the S&P 500.

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

In total 12 analysts cover Michaels Companies (NASDAQ:MIK). “Buy” rating has 8, “Sell” are 1, while 3 are “Hold”. 67% are bullish. 16 are the (NASDAQ:MIK)’s analyst reports since November 30, 2017 according to StockzIntelligence Inc. On Monday, March 5 Piper Jaffray maintained The Michaels Companies, Inc. (NASDAQ:MIK) with “Sell” rating. On Tuesday, December 12 Deutsche Bank downgraded the shares of MIK in report to “Hold” rating. On Friday, March 23 the firm has “Overweight” rating given by JP Morgan. On Friday, March 23 Morgan Stanley maintained the shares of MIK in report with “Overweight” rating. On Monday, March 19 the firm earned “Buy” rating by Deutsche Bank. On Thursday, March 22 the company was maintained by Telsey Advisory. The company rating was maintained by Guggenheim on Thursday, March 22. On Tuesday, January 16 Goldman Sachs upgraded The Michaels Companies, Inc. (NASDAQ:MIK) to “Buy” rating. On Thursday, March 22 the rating was maintained by Stephens with “Buy”. In Thursday, January 25 report Telsey Advisory Group upgraded the stock to “Outperform” rating.

The Michaels Companies, Inc. owns and operates arts and crafts specialty retail stores in North America.The firm is valued at $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.9.04 is the 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.

Another two news for The Michaels Companies, Inc. (NASDAQ:MIK) were briefly published by: Nasdaq.com on May 07, 2018 with title “Research Report Identifies Kinder Morgan, Annaly Capital Management, VirnetX Holding, Thermo Fisher Scientific …”. The other Streetinsider.com‘s article was titled “Glenview Capital Enters AmerisourceBergen (ABC), Express Scripts (ESRX), T-Mobile (TMUS) (more…) -13F” and published on May 15, 2018.

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

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