MIK - The Michaels Companies, Inc.
8.49 0.00 (0.00%)
After hours: 4:48PM EDT
| Previous Close | 9.11 |
| Open | 9.04 |
| Bid | 8.48 x 3000 |
| Ask | 8.57 x 21500 |
| Day's Range | 8.43 - 9.04 |
| 52 Week Range | 7.78 - 21.11 |
| Volume | 2,036,373 |
| Avg. Volume | 2,552,126 |
| Market Cap | 1.343B |
| Beta (3Y Monthly) | 1.29 |
| PE Ratio (TTM) | 4.25 |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | N/A |
- Zacks•9 hours ago
Can Michaels (MIK) Withstand Tariff & Margin-Related Woes?
Michaels (MIK) is in rough waters, owing to a soft margins trend and troubles related to tariff increases on imported goods. These should continue to bother the stock in the near term.
- Simply Wall St.•3 days ago
Should You Investigate The Michaels Companies, Inc. (NASDAQ:MIK) At US$8.84?
The Michaels Companies, Inc. (NASDAQ:MIK), which is in the specialty retail business, and is based in United States...
- Simply Wall St.•3 days ago
At US$8.84, Is The Michaels Companies, Inc. (NASDAQ:MIK) Worth Looking At Closely?
The Michaels Companies, Inc. (NASDAQ:MIK), which is in the specialty retail business, and is based in United States...
- Moody's•7 days ago
Michaels Stores, Inc. -- Moody's assigns a B1 to Michaels sr unsecured notes
Moody's Investors Service ("Moody's") assigned a B1 to Michaels Stores, Inc.'s proposed 8 year $500 million senior unsecured note offering. Moody's affirmed Michaels' Ba2 Corporate Family rating, Ba2-PD Probability of Default ratings, and Ba2 senior secured rating. "This refinancing extends Michael's debt maturity ladder in a leverage neutral transaction thereby improving the company's overall credit profile".
- Thomson Reuters StreetEvents•10 days ago
Edited Transcript of MIK earnings conference call or presentation 6-Jun-19 1:00pm GMT
Q1 2019 Michaels Companies Inc Earnings Call
- Insider Monkey•11 days ago
Hedge Funds Have Never Been This Bullish On The Michaels Companies, Inc. (MIK)
Is The Michaels Companies, Inc. (NASDAQ:MIK) a good equity to bet on right now? We like to check what the smart money thinks first before doing extensive research. Although there have been several high profile failed hedge fund picks, the consensus picks among hedge fund investors have historically outperformed the market after adjusting for known […]
- Markit•14 days ago
See what the IHS Markit Score report has to say about Michaels Companies Inc.
Michaels Companies Inc NASDAQ/NGS:MIKView full report here! Summary * ETFs holding this stock are seeing positive inflows but are weakening * Bearish sentiment is moderate * Economic output in this company's sector is contracting Bearish sentimentShort interest | NeutralShort interest is moderately high for MIK with between 10 and 15% of shares outstanding currently on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NegativeETF activity is negative and may be weakening. The net inflows of $481 million over the last one-month into ETFs that hold MIK are among the lowest of the last year and appear to be slowing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers’ Index (PMI) data, output in the Consumer Servicesis falling. The rate of decline is significant relative to the trend shown over the past year, and is accelerating. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to score@ihsmarkit.com.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.
- Benzinga•17 days ago
Credit Suisse Downgrades Michaels After Q1 Print
Shares of Michaels Companies Inc (NASDAQ: MIK ) hit a new 52-week low Thursday in reaction to its first-quarter results , which prompted Credit Suisse to move to the sidelines. The Analyst Credit Suisse's ...
- Zacks•17 days ago
Michaels (MIK) Q1 Earnings Meet, Tariff Woes Hurt Stock
Michaels (MIK) posts in-line earnings in first-quarter fiscal 2019 while sales lag estimates. Further, it tweaks earnings guidance for fiscal 2019 based on tariff-related woes.
- Motley Fool•17 days ago
Management Thinks Michaels Companies Can Do Better
The first quarter largely met expectations, but its interim management team is tweaking the business model to address some recent challenges.
- Motley Fool•18 days ago
Why At Home Group, The Michaels Companies, and La-Z-Boy Slumped Today
Tough business conditions weighed on many stocks despite a generally calm market.
- Motley Fool•18 days ago
Why Michaels Companies' Stock Fell as Much as 16.7% Today
The arts and crafts retailer delivered on its financial promises in the first quarter, but management cut full-year earnings targets by 2%.
Motley Fool•18 days agoThe Michaels Companies Inc (MIK) Q1 2019 Earnings Call Transcript
MIK earnings call for the period ending May 4, 2019.
- InvestorPlace•18 days ago
Michaels Earnings: MIK Stock Kicked Lower by Disappointing Sales
Michaels earnings for the first quarter of 2019 have the stock taking a beating on Thursday.Source: Shutterstock Michaels (NASDAQ:MIK) is reporting revenue of $1.09 billion for the first quarter of the year. This is a drop from the company's revenue of $1.16 billion reported during the same time last year. It was also a blow to MIK stock by missing Wall Street's revenue estimate of $1.11 billion for the quarter.The Michaels earnings report for the first quarter of 2019 also includes earnings per share of 31 cents. This is down from the company's earnings per share of 39 cents from the first quarter of 2018. However, it does manage to match analysts' earnings per share estimate for the period. Despite this, it couldn't stop MIK stock from falling today.InvestorPlace - Stock Market News, Stock Advice & Trading TipsMichaels earnings for the first quarter of the year also has net income coming in at $37.69 million. That's an increase over the company's net income of $26.89 million reported in the same period of the year prior.Operating income reported in the Michaels earnings report for the first quarter of 2019 comes in at $92.73 million. The company's operating income from the first quarter of the previous year was $78.94 million. * 10 Stocks to Buy That Could Be Takeover Targets The most recent Michaels earnings report also includes its outlook for 2019. The company is expecting earnings per share between $2.29 and $2.41 on revenue ranging from $5.19 billion to $5.24 billion. Wall Street is looking for earnings per share and revenue of $2.44 and $5.21 billion for the year.MIK stock was down 12% as of Thursday morning. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * The 4 FANG Stocks Won't Be Bitten By Regulation Threats * 10 Stocks to Buy That Could Be Takeover Targets * 4 Big Bank Stocks Rebounding As of this writing, William White did not hold a position in any of the aforementioned securities.Compare Brokers The post Michaels Earnings: MIK Stock Kicked Lower by Disappointing Sales appeared first on InvestorPlace.
- Benzinga•18 days ago
Michaels Companies Falls 12% On Q1 Earnings
Michaels Companies (NASDAQ: MIK ) reported quarterly earnings of 31 cents per share, which met the analyst consensus estimate. This is a 20.51-percent decrease over earnings of 39 cents per share from ...
- Zacks•18 days ago
Michaels (MIK) Meets Q1 Earnings Estimates
Michaels (MIK) delivered earnings and revenue surprises of 0.00% and -1.01%, respectively, for the quarter ended April 2019. Do the numbers hold clues to what lies ahead for the stock?
- MarketWatch•18 days ago
Michaels' stock tumbles toward record low after sales miss, profit guidance lowered
Shares of Michaels Companies Inc. dropped 14% toward a record low in premarket trade Thursday, after the arts and crafts retailer reported fiscal first-quarter sales that missed expectations and trimmed its full-year profit outlook. Net income for the quarter to May 4 rose to $32.9 million, or 24 cents a share, from $19.8 million, or 15 cents a share, in the year-ago period. Excluding non-recurring items, adjusted earnings per share came to 31 cents, matching the FactSet consensus. Sales fell to $1.09 billion from $1.16 billion to miss the FactSet consensus of $1.11 billion. Same-store sales fell 2.9%, compared with expectations of a 1.4% decline, as decrease in customer transactions offset an increase in average ticket. For fiscal 2019, the company cut its adjusted EPS guidance to $2.29 to $2.41 from $2.34 to $2.46, but affirmed its outlooks for net sales outlook of $5.19 billion to $5.24 billion and same-store sales of flat to up 1%. The stock has plunged 30% over the past three months through Wednesday, while the SPDR S&P Retail ETF has lost 9.7% and the S&P 500 has gained 2.0%.
- Benzinga•19 days ago
Q1 Earnings Preview For The Michaels Companies
The Michaels Companies (NASDAQ: MIK ) announces its next round of earnings this Thursday, June 6. Here's Benzinga's look at Michaels Companies' Q1 earnings report. Earnings and Revenue Based on management's ...
- Simply Wall St.•20 days ago
Estimating The Fair Value Of The Michaels Companies, Inc. (NASDAQ:MIK)
Today we will run through one way of estimating the intrinsic value of The Michaels Companies, Inc. (NASDAQ:MIK) by...
- Moody's•25 days ago
Michaels Stores, Inc. -- Moody's announces completion of a periodic review of ratings of Michaels Stores, Inc.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Michaels Stores, Inc. New York, May 30, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Michaels Stores, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
- Zacks•25 days ago
Earnings Preview: Michaels (MIK) Q1 Earnings Expected to Decline
Michaels (MIK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- Zacks•26 days ago
Factors Likely to Decide Michaels' (MIK) Fate in Q1 Earnings
Michaels' (MIK) strained margins trend due to higher expenses may continue in first-quarter fiscal 2019. However, its efforts to boost omni-channel experience are encouraging.
GuruFocus.com•last monthWhy Michaels Companies Has a Bright Future
Continued investments in its omnichannel offering may lead to an improved financial performance for Michaels Companies Inc. (MIK). The arts and crafts specialty retailer is focusing on its fulfilment capacity and digital operations to boost conversion rates among customers. Warning! GuruFocus has detected 2 Warning Sign with BRK.A. Click here to check it out.
