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

May 17, 2018 - By Vernon Prom

The Michaels Companies, Inc. (NASDAQ:MIK) Corporate Logo
During 2017 Q4 the big money sentiment decreased to 1.28. That’s change of 0.08, from 2017Q3’s 1.36. 24 investors sold all, 76 reduced holdings as The Michaels Companies, Inc. ratio dropped. 76 rose positions while 52 funds amassed positions. Funds hold 187.52 million shares thus 0.05% more from 2017Q3’s 187.41 million shares.
Great West Life Assurance Can reported 0% of its capital in The Michaels Companies, Inc. (NASDAQ:MIK). Ameriprise reported 0.01% in The Michaels Companies, Inc. (NASDAQ:MIK). Arizona State Retirement Sys holds 79,464 shs or 0.02% of its capital. Cipher Cap L P holds 0.16% of its capital in The Michaels Companies, Inc. (NASDAQ:MIK) for 85,234 shs. State Treasurer State Of Michigan holds 0.01% of its capital in The Michaels Companies, Inc. (NASDAQ:MIK) for 39,700 shs. Jane Street Grp Ltd Llc has invested 0% in The Michaels Companies, Inc. (NASDAQ:MIK). 1.84 million are held by D E Shaw Incorporated. Apg Asset Mngmt Nv reported 1.21 million shs. Mason Street Ltd Liability Co owns 54,391 shs. Aqr Cap Mgmt Limited Com has 0.01% invested in The Michaels Companies, Inc. (NASDAQ:MIK). First Tru Advsrs L P owns 0.02% invested in The Michaels Companies, Inc. (NASDAQ:MIK) for 388,746 shs. Savings Bank Of Montreal Can has 639,778 shs. Point72 Asset Management Ltd Partnership has 0.02% invested in The Michaels Companies, Inc. (NASDAQ:MIK) for 203,900 shs. State Board Of Administration Of Florida Retirement Systems has invested 0% in The Michaels Companies, Inc. (NASDAQ:MIK). Moreover, Tcw Group Inc Inc has 0% invested in The Michaels Companies, Inc. (NASDAQ:MIK).

Investors expect The Michaels Companies, Inc. (NASDAQ:MIK)’s quarterly earnings on June, 5., according to Zacks. EPS of $0.38 is 0.00 % from 2017’s $0.38 EPS. The profit will be $69.18M for MIK if $0.38 EPS becomes true. Analysts at Wall Street see The Michaels Companies, Inc.’s -68.07 % negative EPS growth compared to $1.19 EPS for previous quarter. MIK touched $18.95 during the last trading session after $0.09 change.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&P 500 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. The stock rating was maintained by Morgan Stanley with “Overweight” on Friday, March 23. On Thursday, March 22 the firm has “Sell” rating given by Piper Jaffray. On Wednesday, January 3 the stock of The Michaels Companies, Inc. (NASDAQ:MIK) earned “Buy” rating by Guggenheim. On Monday, March 5 the firm earned “Sell” rating by Piper Jaffray. On Tuesday, January 16 the rating was upgraded by Goldman Sachs to “Buy”. On Tuesday, December 12 Deutsche Bank downgraded The Michaels Companies, Inc. (NASDAQ:MIK) to “Hold” rating. On Thursday, January 25 the stock of The Michaels Companies, Inc. (NASDAQ:MIK) earned “Outperform” rating by Telsey Advisory Group. On Friday, March 23 the rating was maintained by JP Morgan with “Overweight”. On Friday, March 23 the rating was maintained by Loop Capital with “Hold”. On Thursday, March 22 the firm earned “Buy” rating by Telsey Advisory.

The Michaels Companies, Inc. owns and operates arts and crafts specialty retail stores in North America.The company has $3.45 billion market cap. 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 published 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 published on May 07, 2018.

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

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