Kate Spade & Companys in-depth stock price analysis indicates that the stock price has rallied 16.47% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 0.26% . Looking at the past 52 week period, the stock price is up at 18.72% . 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 Kate Spade & Company has a negative value of -26.84 compared to overall market performance. Kate Spade & Company (NYSE:KATE) has climbed 3.98% in the past week and advanced 5.47% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 3.14% and the outperformance has advanced to 3.58% for the last 4 weeks period.
Kate Spade & Company (NYSE:KATE) : On Friday heightened volatility was witnessed in Kate Spade & Company (NYSE:KATE) which led to swings in the share price. The stock opened for trading at $18.9 and hit $19.2 on the upside , eventually ending the session at $19.09, with a gain of 1.76% or 0.33 points. The heightened volatility saw the trading volume jump to 3,571,562 shares. The 52-week high of the share price is $26.46 and the company has a market cap of $2,446 million. The 52-week low of the share price is at $14.02 .
Kate Spade & Co Last issued its quarterly earnings results on Nov 2, 2016. The company reported $0.13 EPS for the quarter, beating the analyst consensus estimate by $ 0.05. Analyst had a consensus of $0.08. The company had revenue of $316.53 million for the quarter, compared to analysts expectations of $310.64 million. The companys revenue was up 14.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.06 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Kate Spade & Co was Downgraded by Telsey Advisory Group on Jan 25, 2017 to Market Perform, Lowers Price Target to $ 21 from a previous price target of $23 .Kate Spade & Co was Downgraded by BofA/Merrill to Neutral on Jan 19, 2017. Kate Spade & Co was Downgraded by Wolfe Research to Peer Perform on Nov 23, 2016.
Company has reported several Insider transactions to the SEC, on Dec 22, 2016, Deborah J Lloyd (Chief Creative Officer) sold 29,011 shares at 14.63 per share price.On May 13, 2015, Doreen A Toben (director) sold 594 shares at 29.04 per share price.
Kate Spade & Company engages in designing and marketing accessories and apparel under three global, multichannel lifestyle brands: Kate spade New York, Kate Spade Saturday and Jack Spade. The company offers apparel, handbags, briefcases, travel bags, small leather goods, tabletop products, legwear, bedding, stationery, jewelry, apparel, footwear, optics, fragrances, electronics cases, fashion accessories, beauty, and home decor products. Kate Spade & Company, formerly known as Fifth & Pacific Companies, Inc., is based in New York.