Several hedge funds have recently made changes to their positions in KORS. TrimTabs Asset Management LLC raised its holdings in shares of Michael Kors by 105.1% during the second quarter. State Street Corp increased its position in Michael Kors Holdings Limited by 3.9% in the first quarter. Prudential Financial Inc stated it has 0.01% of its portfolio in Michael Kors Holdings Limited (NYSE:KORS).
Traders have different rules for what constitutes liquidity and a good guide is the volume of trades and volume of shares that are traded each day. The stock closed maximum at $62.30 over the 52 weeks but is now -1.43% away from that point. The firm owned $15.15 million shares of the company's stock after selling 137172 shares during the period. Michael Kors Holdings Limited (KORS) has a market cap of $9.32 billion and over the last 12 months, Michael Kors Holdings Limited (NYSE:KORS) has gone stronger by 29.83%. KORS exchanged 1.74 million shares in recent session versus to the average volume of 2.44 million shares while its relative volume is 1.15. Additionally, the price to earnings ratio is another popular way for analysts and investors to determine a company's profitability. The Return on Equity (ROE) value stands at 33.5%.
GLNG's revenue has declined at an average annualized rate of about -23.2% during the past five years. During the same quarter last year, the business earned $0.95 earnings per share. analysts predict that Michael Kors will post 3.96 EPS for the current fiscal year.
In related news, SVP Krista A. Mcdonough sold 7,500 shares of the company's stock in a transaction on Friday, November 17th. Following the sale, the senior vice president now owns 10,647 shares of the company's stock, valued at approximately $595,486.71. At recent closing price of $61.1, KORS has a chance to give up $-4.1 or -6.71% in 52 weeks, based on mean target price ($57) placed by analysts.The analyst consensus opinion of 2.7 looks like a hold. The shares were sold at an average price of $60.01, for a total transaction of $410,168.35. As for a performance, the company's showed slightly up trend of 29.83% since start of the year and revealed moved up activity of 36.71% for the past three months. In the last ninety days, insiders sold 16,835 shares of company stock worth $964,403.
The best measure of a company is its profitability, for without it, it can not grow, and if it doesn't grow, then its stock will trend downward. This number is calculated by dividing a company's earnings before interest, taxes, depreciation and amortization by the company's enterprise value. Finally, Mizuho cut their price target on Michael Kors Holdings Limited from $50.00 to $38.00 and set a neutral rating for the company in a report on Tuesday, February 7th. United Svcs Automobile Association owns 72,746 shares for 0.01% of their portfolio. Jefferies maintained the shares of KORS in report on Tuesday, August 8 with "Buy" rating. One research analyst has rated the stock with a sell rating, nineteen have assigned a hold rating, ten have issued a buy rating and two have assigned a strong buy rating to the company's stock.
Oppenheimer Holdings, Inc. set a $31.00 price target on Michael Kors Holdings Limited (NYSE:KORS) in a report released on Wednesday, May 31st. Ltd. grew its holdings in Michael Kors by 5,343.5% during the 3rd quarter.
Michael Kors Holdings Limited is a designer, marketer, distributor and retailer of branded women's apparel and accessories and men's apparel bearing the Michael Kors tradename and related trademarks MICHAEL KORS, MICHAEL MICHAEL KORS, and various other related trademarks and logos.