|Bid||13.27 x 4000|
|Ask||13.68 x 1000|
|Day's Range||13.10 - 13.52|
|52 Week Range||12.48 - 24.96|
|Beta (3Y Monthly)||1.38|
|PE Ratio (TTM)||7.02|
|Earnings Date||Mar 19, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||17.55|
Michaels Companies Inc NASDAQ/NGS:MIKView full report here! Summary * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is high and has been increasing Bearish sentimentShort interest | NegativeShort interest is high for MIK with between 15 and 20% of shares on loan. This means that investors who seek to profit from falling equity prices are currently targeting MIK. Sentiment has worsened and traders added to their bearish short positions on February 13. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding MIK totaled $3.66 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Services sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
The Michaels Companies, Inc. (MIK) today announced a new partnership with Carnival Cruise Line as the exclusive arts and crafts provider fleet-wide for guests sailing on the line’s 26-ship fleet. The partnership is designed to provide a memorable and entertaining experience for guests who set sail on Carnival Cruise Line every year. Kids and adults alike will be inspired to be creative and encouraged to test their imagination and bring their vision to life with the help of Michaels.
Michaels (MIK) has decided to close all Pat Catan's stores in fourth-quarter fiscal 2018. Also, it has provided updated guidance for the fourth quarter.
NEW YORK, Jan. 31, 2019 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
The arts and crafts retailer is closing down an underperforming chain of stores in Ohio, and this holiday season's sales are turning out a bit lower than expected.
In a news release Wednesday, The Michaels Companies Inc. (Nasdaq: MIK) announced that it would shutter all of its Pat Catan's stores. The retail supplier of arts and crafts' 36 stores are spread throughout the Midwest. Michaels said that the company plans to rebrand and reopen up to 12 of the former Pat Catan's stores as Michaels locations in 2019.
Michaels Cos. Inc. shares slipped 1.5% after the company announced that it would shutter its Pat Cantan's Arts & Crafts stores, rebrand a dozen Michaels stores in fiscal 2019 and shifted to the lower end of its guidance. The 36 Pat Catan's closures will take place in the fourth quarter of fiscal 2018. The chain "has struggled in the face of industry headwinds," said Chuck Rubin, Michaels chief executive, in a statement. Michaels expects the one-time after-tax cost of the closures in the range of $44 million to $48 million, mostly due to lease terminations, with most of the costs recognized in the fourth quarter. For the month so far, the company said it has "seen more volatility in consumer shopping behavior" than expected. The company expects fourth-quarter same-store sales near the low end of its previous guidance range of down 0.5% to up 0.5%. Adjusted EPS will be on the low end of its $1.42 to $1.47 guidance. The FactSet consensus is for same-store sales growth of 0.1% and EPS of $1.45. Michaels shares have sunk 46% over the past year while the S&P 500 index has fallen 6.5% for the period.
The Michaels Companies, Inc. (MIK) today announced its decision to close all of its Pat Catan’s stores in the fourth quarter of fiscal 2018. Pat Catan’s is a 36-store retail supplier of arts and crafts in Ohio and surrounding states. The Company intends to rebrand up to 12 of the closed Pat Catan’s stores and reopen them under the Michaels banner.
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It seems that the masses and most of the financial media hate hedge funds and what they do, but why is this hatred of hedge funds so prominent? At the end of the day, these asset management firms do not gamble the hard-earned money of the people who are on the edge of poverty. Truth […]
The Season’s Top 25 Creative Gifts for Kids, Available for Last Minute Purchase Online with Easy In-Store Pickup Option