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Michael Kors Holdings (KORS) Surges: Stock Moves 17.3% Higher

Zacks Equity Research

Michael Kors Holdings Ltd. (KORS) was a big mover last session, as the company saw its shares rise by over 17% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $1.28 to $1.46 in the past one-month time frame.

This speciality retailer has seen one positive and one negative estimate over the past 30 days while its Zacks Consensus Estimate remained unchanged over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Michael Kors Holdings currently has a Zacks Rank #2 (Buy) while its Earnings ESP is positive.

Some stocks in the same industry looking equally good include Hanesbrands Inc. (HBI), Columbia Sportswear Company (COLM) and Under Armour, Inc. (UA). While Hanesbrands holds a Zacks Rank #1 (Strong Buy), Columbia Sportswear Company and Under Armour carry a Zacks Rank #2 (Buy).

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MICHAEL KORS HOLDINGS LTD (KORS): Free Stock Analysis Report

HANESBRANDS INC (HBI): Free Stock Analysis Report

COLUMBIA SPORTSWEAR CO (COLM): Free Stock Analysis Report

UNDER ARMOUR INC (UA): Free Stock Analysis Report

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