The Michaels Companies, Inc. (MIK) EPS Estimated At $0.44

November 11, 2018 - By Michael Collier

The Michaels Companies, Inc. (NASDAQ:MIK) LogoInvestors sentiment increased to 1.33 in 2018 Q2. Its up 0.01, from 1.32 in 2018Q1. It increased, as 28 investors sold The Michaels Companies, Inc. shares while 73 reduced holdings. 48 funds opened positions while 86 raised stakes. 194.44 million shares or 1.92% more from 190.77 million shares in 2018Q1 were reported.
3.02M are held by State Street. Teacher Retirement Sys Of Texas accumulated 22,100 shares or 0% of the stock. Prudential Public Ltd reported 230,000 shares. Employees Retirement Sys Of Texas has invested 0.06% in The Michaels Companies, Inc. (NASDAQ:MIK). Voya Invest Ltd Liability Co invested 0.01% of its portfolio in The Michaels Companies, Inc. (NASDAQ:MIK). Reinhart accumulated 3.17% or 1.72 million shares. Rhumbline Advisers has 0.01% invested in The Michaels Companies, Inc. (NASDAQ:MIK). Citigroup has invested 0% of its portfolio in The Michaels Companies, Inc. (NASDAQ:MIK). Putnam Fl Invest reported 252,882 shares. Moneta Investment Advisors Ltd Co has invested 0% in The Michaels Companies, Inc. (NASDAQ:MIK). The New York-based Commercial Bank Of New York Mellon Corp has invested 0.01% in The Michaels Companies, Inc. (NASDAQ:MIK). Zurcher Kantonalbank (Zurich Cantonalbank) stated it has 0% in The Michaels Companies, Inc. (NASDAQ:MIK). Texas Permanent School Fund owns 0.02% invested in The Michaels Companies, Inc. (NASDAQ:MIK) for 71,674 shares. Blackrock Incorporated accumulated 9.46M shares. Dekabank Deutsche Girozentrale invested in 0.03% or 207,100 shares.

Analysts expect The Michaels Companies, Inc. (NASDAQ:MIK) to report $0.44 EPS on November, 29.They anticipate $0.00 EPS change or 0.00 % from last quarter’s $0.44 EPS. MIK’s profit would be $75.41M giving it 10.07 P/E if the $0.44 EPS is correct. After having $0.15 EPS previously, The Michaels Companies, Inc.’s analysts see 193.33 % EPS growth. The stock decreased 0.28% or $0.05 during the last trading session, reaching $17.72. About 2.03M shares traded. The Michaels Companies, Inc. (NASDAQ:MIK) has declined 20.20% since November 11, 2017 and is downtrending. It has underperformed by 35.82% the S&P500.

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

Among 3 analysts covering Michaels Companies (NASDAQ:MIK), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Michaels Companies had 3 analyst reports since August 31, 2018 according to SRatingsIntel. The company was maintained on Thursday, October 11 by Morgan Stanley. Wells Fargo maintained The Michaels Companies, Inc. (NASDAQ:MIK) on Friday, August 31 with “Market Perform” rating. On Friday, August 31 the stock rating was maintained by Deutsche Bank with “Hold”.

The Michaels Companies, Inc. owns and operates arts and crafts specialty retail stores in North America. The company has market cap of $3.04 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 9.56 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.

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

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