Kate Spade iPhone case & Company (NASDAQ: KATE) was basically upgraded by Zacks from a "sell" rating to a "hold" rating on a report issued on Friday.
Zacks' analyst wrote, "Kate Spade and Company engages in designing and promoting accessories and apparel under third global, multichannel lifestyle brands: Kate spade New York, Kate Spade Tuesday and Jack Spade. The company promotions apparel, handbags, briefcases, travel backpacks, small leather goods, tabletop models, legwear, bedding, stationery, jewelry, top, footwear, optics, fragrances, electronics holders, fashion accessories, beauty, and home decor models. Kate Spade & Company, recently known as Fifth & Pacific Groups, Inc., is based in New York. "
Kate Spade & Company (NASDAQ: KATE) opened at 24. 77 on Friday. Kate Spade and Company has a 52-week low including $24. 07 and a 52-week a lot of $42. 87. The stock's 50-day moving average is $30. the 200-day moving average is $31.. The company has a market cap including $3. 16 billion and a price-to-earnings ratio of 55. 19.
Kate Spade & Company (NASDAQ: KATE) last released its earnings documents on Thursday, May 7th. This agency reported $0. 03 EPS into the quarter, beating the Thomson Reuters news agency consensus estimate of $0. 02 by $0. 01. The company obtained revenue of $255. 00 contenance for the quarter, compared to the consensus judge of $244. 90 million. By way of same quarter in the prior 12 month period, the company posted ($0. 06) profit per share. The company's quarterly revenue was up 14. 2% on a year-over-year basis. Analysts count that Kate Spade & Group} will post $0. 54 EPS for the current fiscal year.
Some other00 analysts have also recently weighed living in on KATE. Analysts at Oppenheimer initiated coverage on shares including Kate Spade & Company on a research note on Thursday. Companies set a "market perform" credit rating on the stock. They noted that a move was a valuation call. Experts at BBVA initiated coverage on to shares of Kate Spade and Company in a research note on to Wednesday. They set a "buy" rating and a $35. 00 rate target on the stock. Analysts available at BB&T Corp. initiated coverage on to shares of Kate Spade and Company in a research note on to Tuesday. They set a "buy" rating and a $35. 00 rate target on the stock. They revered that the move was a valuation visit. Finally, analysts at Wedbush caused coverage on shares of Kate Spade & Company in a studying note on Wednesday, May thirteenth. They set an "outperform" credit rating and a $39. 00 price dream on the stock. Three investment industry analysts have rated the stock with a held rating and seven have extended a buy rating to the company's stock. The company presently has a agreement rating of "Buy" and a agreement price target of $37. thirty three.
Kate Spade & Co, recently Fifth & Pacific Companies Incorporation, designs and markets a selection of retail-based, premium brands, particularly JUICY COUTURE, KATE SPADE and furthermore LUCKY BRAND. The Company also has a personal brand jewelry design and development division, which may markets brands through department stores and furthermore serves J. C.
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