Michaels Companies (MIK) Stock Price, News & Analysis

Company Overview

The Michaels Companies, Inc. owns and operates arts and crafts specialty retail stores for hobbyist and do-it-yourself home decorators in the United States and Canada. It operates Michaels stores that offer approximately 45,000 basic and seasonal stock-keeping units (SKUs) in arts, crafts, framing, floral, and home décor and seasonal merchandise. The company also provides private brands, including Recollections, Studio Decor, Bead Landing, Creatology, Ashland, Celebrate It, ArtMinds, Artist's Loft, Craft Smart, Loops & Threads, Simply Tidy, Make Market, Foamies, LockerLookz, Imagin8, and Sticky Sticks. Further, it manufactures and supplies precut mats and custom framing merchandise; and distributes craft and hobby items products under the Darice brand. As of February 1, 2020, the company operated approximately 1,274 Michaels retail stores in 49 states and Canada. It also serves customers through Michaels.com, ConsumerCrafts.com, Canada.Michaels.com, Darice.com, and AaronBrothers.com websites, as well as through its Michaels app. The Michaels Companies, Inc. was incorporated in 1983 and is headquartered in Irving, Texas.

Key Stats

• Today's Range: $21.97 to $21.97
• 50-Day Range: $21.85 to $22.00
• 52-Week Range: $1.86 to $22.42
• Volume: N/A
• Average Volume: 5.65 million shs
• Market Capitalization: $3.12 billion
• P/E Ratio: 14.65
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Michaels Companies Stock Analysis - MarketRank™

Michaels Companies scored higher than 4% of companies evaluated by MarketBeat, and ranked 217th out of 219 stocks in the retail/wholesale sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Michaels Companies.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 4.50%

Earnings Growth

Earnings for Michaels Companies are expected to grow by 4.50% in the coming year, from $2.22 to $2.32 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Michaels Companies is 14.65, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.45.

Price to Earnings Ratio vs. Sector

The P/E ratio of Michaels Companies is 14.65, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 109.00.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for MIK.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Michaels Companies does not currently pay a dividend.

Dividend Growth

Michaels Companies does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 1.4 / 5
• Environmental Score: -2.19

Short Interest

There is no current short interest data available for MIK.

News and Social Media

• Score: 0.0 / 5
• News Sentiment: N/A

Search Interest

Only 2 people have searched for MIK on MarketBeat in the last 30 days. This is a decrease of -60% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Michaels Companies insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.35% of the stock of Michaels Companies is held by insiders.

MIK Stock Analysis - Frequently Asked Questions

How were Michaels Companies' earnings last quarter?

The Michaels Companies, Inc. (NASDAQ:MIK) released its earnings results on Wednesday, March, 3rd. The specialty retailer reported $1.69 earnings per share for the quarter, topping analysts' consensus estimates of $1.57 by $0.12. The firm's revenue for the quarter was up 11.3% compared to the same quarter last year.

What other stocks do shareholders of Michaels Companies own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Michaels Companies investors own include AMC Entertainment (AMC), Bank of America (BAC), Ciena (CIEN), Advanced Micro Devices (AMD), Intelsat (I), Twilio (TWLO) and Alibaba Group (BABA).

Company Calendar

• Last Earnings: 3/03/2021
• Today: 12/21/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Retail/Wholesale
• Industry: Hobby, Toy, & Game Shops
• Sub-Industry: N/A
• Current Symbol: NASDAQ:MIK
• CUSIP: N/A
• CIK: 1593936
• Web: www.michaels.com
• Phone: 972-409-1300
• Fax: N/A
• Employees: 11,000
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $2.11
• Trailing P/E Ratio: 14.65
• Forward P/E Ratio: 9.90
• P/E Growth: N/A
• Net Income: $272.60 million
• Net Margins: 4.36%
• Pretax Margin: N/A
• Return on Equity: -20.17%
• Return on Assets: 7.24%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.22
• Quick Ratio: 0.55

Sales & Book Value

• Annual Sales: $5.07 billion
• Price / Sales: 0.62
• Cash Flow: $4.22 per share
• Price / Cash Flow: 5.21
• Book Value: ($9.85) per share
• Price / Book: -2.23

Miscellaneous

• Outstanding Shares: 142,039,000
• Free Float: N/A
• Market Cap: $3.12 billion
• Optionable: Optionable
• Beta: 3.18