Kate Spade & Company Common Sto (NYSE:KATE).
On September 13 the company was upgraded to “” from “Market Perform” by analysts at Wells Fargo. On July 12 analysts at William Blair started coverage setting a rating of “Outperform”.
On May 5 Goldman Sachs kept the company rating at “Buy” and raised the price target to $33.00 from $20.00. May 5 investment analysts at Citigroup held the stock rating at “Buy” and moved down the price target from $38.00 to $33.00.
February 2 investment analysts at Barclays made no change to the company rating of “Overweight” and lowered the price expectation from $41.00 to $23.00.
The company is now down since yesterday’s close of $18.07. Company shares last traded at $17.65 slightly below the 50 day moving average of $18.72 and a tad below the 200 day moving average of $21.52. The 50 day moving average moved down $-1.07 and the 200 day average moved down $-3.87.
The P/E ratio is currently 22.09 and market capitalization is 2.26B. In the last earnings report the EPS was $0.80 and is expected to be $0.65 for the current year with 128,026,000 shares currently outstanding. Next quarter’s EPS is expected be $0.40 with next year’s EPS projected to be $0.89.