Stock price performance of Michael Kors Holdings Limited is analyzed for various periods using several stock trading signals. The stock price have dropped -17.47% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -18.09% . Looking at the past 52 week period, the stock price is down -20.87% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of Michael Kors Holdings Limited has a negative value of -24.54 compared to overall market performance. Company shares have received an average consensus rating of Hold for the current week The stock has recorded a 20-day Moving Average of 2.92% and the 50-Day Moving Average is 8.27%.The 200 Day SMA reached 13.64%
Michael Kors Holdings Limited is having a Relative Strength Index of 37.62 which indicates the stock is not yet over sold or over bought based on the technical indicators. Michael Kors Holdings Limited (NYSE:KORS) has tumbled 1.23% during the past week and has dropped 3.41% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 1.35%. Michael Kors Holdings Limited (NYSE:KORS) has underperformed the index by 4.27% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Company has reported several Insider transactions to the SEC, on Dec 8, 2016, Joseph B. Parsons (EVP, CFO, COO & Treasurer) sold 130,000 shares at 48.32 per share price.On Dec 6, 2016, Krista A Mcdonough (SVP, General Counsel) sold 5,156 shares at 47.99 per share price.On Oct 4, 2016, Pascale Meyran (SVP, Chief HR Officer) sold 1,936 shares at 49.30 per share price.
Michael Kors Holdings Ltd Last issued its quarterly earnings results on Nov 10, 2016. The company reported $0.95 EPS for the quarter, beating the analyst consensus estimate by $ 0.07. Analyst had a consensus of $0.88. The company had revenue of $1088.20 million for the quarter, compared to analysts expectations of $1086.68 million. The companys revenue was down -3.7 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.07 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Michael Kors Holdings Ltd was Downgraded by Piper Jaffray to Neutral on Jan 3, 2017. Michael Kors Holdings Ltd was Downgraded by Morgan Stanley to Equal-Weight on Nov 14, 2016.
Michael Kors Holdings Limited (NYSE:KORS) : On Friday heightened volatility was witnessed in Michael Kors Holdings Limited (NYSE:KORS) which led to swings in the share price. The stock opened for trading at $40.85 and hit $41.55 on the upside , eventually ending the session at $41.02, with a gain of 0.32% or 0.13 points. The heightened volatility saw the trading volume jump to 1,724,944 shares. The 52-week high of the share price is $59.49 and the company has a market cap of $6,737 million. The 52-week low of the share price is at $40.36 .
Michael Kors is a global accessories, footwear and apparel company. They offer two primary collections: the Michael Kors luxury collection and the MICHAEL Michael Kors accessible luxury collection. They also offer select footwear and outerwear through their KORS Michael Kors accessible luxury collection. They operate their business in three segments-retail, wholesale and licensing-and have a global distribution network focused on company-operated retail stores, leading department stores, specialty stores and select licensing partners.