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

May 17, 2018 - By Tamara Reed

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 worsened due to The Michaels Companies, Inc. positioning: 24 sold and 76 reduced. 52 funds amassed positions and 76 increased positions. Investors holded 187.41 million in 2017Q3 but now own 187.52 million shares or 0.05% more.
Balyasny Asset Mgmt Ltd Liability Corp invested 0.06% in The Michaels Companies, Inc. (NASDAQ:MIK). Proshare Advsr Limited Liability Company reported 9,530 shs. Moreover, State Board Of Administration Of Florida Retirement Sys has 0% invested in The Michaels Companies, Inc. (NASDAQ:MIK). Winfield Associate, a Ohio-based fund reported 75 shs. Art Advsr stated it has 83,408 shs or 0.09% of all its holdings. Principal Fincl Grp accumulated 0.01% or 475,262 shs. 76,616 are held by Gsa Cap Prns Limited Liability Partnership. Arrowstreet Capital Partnership owns 0.04% invested in The Michaels Companies, Inc. (NASDAQ:MIK) for 677,619 shs. Bnp Paribas Arbitrage Sa owns 33,479 shs or 0% of their US capital. Northern Trust Corp, a Illinois-based fund reported 879,963 shs. Reinhart Prtn owns 1.53M shs for 3.67% of their capital. Connecticut-based Tudor Corporation Et Al has invested 0.01% in The Michaels Companies, Inc. (NASDAQ:MIK). 1.22 million are owned by Thompson Siegel And Walmsley Limited Liability Co. Peak6 Investments Limited Partnership stated it has 0% of its capital in The Michaels Companies, Inc. (NASDAQ:MIK). The Switzerland-based Gam Holding Ag has invested 0.03% in The Michaels Companies, Inc. (NASDAQ:MIK).

On June, 5. Investors expect The Michaels Companies, Inc. (NASDAQ:MIK) to publish its quarterly earnings, according to Zacks. EPS of $0.38 is 0.00 % from 2017’s $0.38 EPS. In case of $0.38 EPS MIK’s profit could hit $69.18M. After $1.19 EPS report last quarter, Wall Street now forecasts -68.07 % negative EPS growth of The Michaels Companies, Inc.. The stock increased 0.48% or $0.09 during the last trading session, hitting $18.95.Currently The Michaels Companies, Inc. is downtrending after 10.60% change in last May 17, 2017. MIK has 878,544 shares volume. The stock underperformed the S&P500 by 22.15%.

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

Total analysts of 12 have positions in Michaels Companies (NASDAQ:MIK) as follows: 8 rated it a “Buy”, 1 with “Sell” and 3 with “Hold”. The positive are 67%. Since November 30, 2017 according to StockzIntelligence Inc Michaels Companies has 16 analyst reports. On Friday, March 23 Morgan Stanley maintained The Michaels Companies, Inc. (NASDAQ:MIK) with “Overweight” rating. On Monday, March 5 the company was maintained by Piper Jaffray. On Thursday, January 25 the firm has “Outperform” rating by Telsey Advisory Group given. In Tuesday, January 16 report Goldman Sachs upgraded it to “Buy” rating and $32.0 target. On Thursday, March 22 the stock has “Buy” rating by Telsey Advisory. On Thursday, March 22 the stock of The Michaels Companies, Inc. (NASDAQ:MIK) has “Buy” rating given by Stephens. On Wednesday, January 3 Guggenheim maintained The Michaels Companies, Inc. (NASDAQ:MIK) rating. Guggenheim has “Buy” rating and $28.0 target. On Monday, March 19 the company was maintained by Deutsche Bank. On Tuesday, December 12 Deutsche Bank downgraded The Michaels Companies, Inc. (NASDAQ:MIK) rating. Deutsche Bank has “Hold” rating and $25.0 target. On Friday, March 23 JP Morgan maintained the shares of MIK in report with “Overweight” rating.

The Michaels Companies, Inc. owns and operates arts and crafts specialty retail stores in North America.The firm is worth $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 recently announced by: Streetinsider.com on May 15, 2018 with title “Glenview Capital Enters AmerisourceBergen (ABC), Express Scripts (ESRX), T-Mobile (TMUS) (more…) -13F”. The other Nasdaq.com‘s article was titled “Research Report Identifies Kinder Morgan, Annaly Capital Management, VirnetX Holding, Thermo Fisher Scientific …” and announced on May 07, 2018.

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

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