Monday, May 25, 2015

Mizuho Reaffirms Buy Rating for Kate Spade & Company (KATE)

Mizuho reissued their buy rating on a shares of Kate Spade and also Company (NASDAQ: KATE) in a learn report released on Sunday snack. Mizuho currently has a $40. 00 price objective on the stock.

Kate Spade iPhone 6 Case Cross Grain

"We recommend investors capitalize on the reduction and view reaffirmed FY15 targets on as achievable despite confusion to obtain comp and margin expectations on a planned reductions in flash/surprise vendings., " the firm's analyst composed.

Several other analysts have also recently mentioned on the stock. Analysts at TheStreet downgraded shares of Kate Spade iPhone 6 cases & Company from a buy figure to a hold rating in a learn note on Thursday, May in 7th place. Analysts at Wunderlich reiterated a trustworthy buy rating and set a $39. 00 price target on offers of Kate Spade & Network} in a research note on Wednesday, May 7th. Finally, analysts here at Zacks reiterated a hold figure on shares of Kate Spade & Company in a research say on Friday, May 1st. Pair of analysts have rated the stock who have a hold rating and three provide assigned a buy rating the particular company. The company presently has a general opinion rating of Buy and a general opinion target price of $38. 33.

Gives you of Kate Spade & Network} (NASDAQ: KATE) traded up zero. 07% during mid-day trading on a Friday, hitting $29. 22. The several stock had a trading volume of 813, 548 shares. Kate Spade and also Company has a one year low using $24. 07 and a one year a lot of $42. 87. The stock consists of 50-day moving average of $33. and a 200-day moving average using $31.. The company has a market shell of $3. 72 billion effectively price-to-earnings ratio of 23. 39.

Kate Spade & Company (NASDAQ: KATE) last posted its quarterly earnings results on Thursday, Will be able to 7th. The company reported $0. goal earnings per share for the one, beating the analysts' consensus quotation of $0. 02 by $0. 01. The company had revenue using $255. 00 million for the one, compared to the consensus estimate of $244. 90 million. During the same one last year, the company posted ($0. 06) earnings per share. Kate Spade & Company's revenue was all the way up 14. 2% compared to the same one last year. Analysts expect that Kate Spade & Company will pole $0. 54 EPS for the modern day fiscal year.

Kate Spade and also Co, formerly Fifth & Hawaiian Companies Inc, designs and stock markets a portfolio of retail-based, rates brands, including JUICY COUTURE, KATE SPADE and LUCKY BRAND. Vehicle also has a private brand jewelry web design and development division, which markets brands through the use of department stores and serves J. F.

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