$0.83 EPS Expected for Michael Kors Holdings Ltd (KORS); Plug Power Has 3.62 Sentiment

November 3, 2017 - By Nellie Frank

Plug Power Inc. is a provider of alternative energy technology focused on the design, development, commercialization and manufacture of hydrogen fuel cell systems used for the industrial off-road market and the stationary power market. The company has market cap of $657.55 million. The Company’s product line includes GenKey, GenDrive, GenFuel, GenCare and ReliOn. It currently has negative earnings. GenKey offers solutions to clients transitioning their material handling vehicles to fuel cell power.

Analysts expect Michael Kors Holdings Ltd (NYSE:KORS) to report $0.83 EPS on November, 9.They anticipate $0.12 EPS change or 12.63% from last quarter’s $0.95 EPS. KORS’s profit would be $125.89M giving it 14.44 P/E if the $0.83 EPS is correct. After having $0.80 EPS previously, Michael Kors Holdings Ltd’s analysts see 3.75% EPS growth. The stock decreased 1.13% or $0.55 during the last trading session, reaching $47.93. About shares traded. Michael Kors Holdings Ltd (NYSE:KORS) has declined 10.54% since November 3, 2016 and is downtrending. It has underperformed by 27.24% the S&P500.

Among 33 analysts covering Michael Kors Holdings Ltd (NYSE:KORS), 8 have Buy rating, 3 Sell and 22 Hold. Therefore 24% are positive. Michael Kors Holdings Ltd had 90 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Michael Kors Holdings Ltd (NYSE:KORS) has “Neutral” rating given on Thursday, August 11 by Wedbush. The stock of Michael Kors Holdings Ltd (NYSE:KORS) earned “Hold” rating by Piper Jaffray on Friday, June 9. The stock of Michael Kors Holdings Ltd (NYSE:KORS) earned “Sell” rating by CLSA on Thursday, September 29. The firm has “Buy” rating by BB&T Capital given on Friday, August 7. Wells Fargo maintained Michael Kors Holdings Ltd (NYSE:KORS) rating on Tuesday, September 26. Wells Fargo has “Hold” rating and $49.0 target. The stock of Michael Kors Holdings Ltd (NYSE:KORS) earned “Hold” rating by BMO Capital Markets on Wednesday, May 31. Robert W. Baird maintained the stock with “Hold” rating in Friday, September 29 report. The firm has “Sell” rating given on Wednesday, October 7 by Citigroup. The firm has “Sector Perform” rating by RBC Capital Markets given on Thursday, September 10. Piper Jaffray downgraded the stock to “Underweight” rating in Sunday, August 9 report.

Investors sentiment decreased to 0.7 in 2017 Q2. Its down 0.14, from 0.84 in 2017Q1. It worsened, as 52 investors sold Michael Kors Holdings Ltd shares while 131 reduced holdings. 37 funds opened positions while 92 raised stakes. 123.70 million shares or 2.48% less from 126.85 million shares in 2017Q1 were reported. Quantbot Technology L P invested 0.1% of its portfolio in Michael Kors Holdings Ltd (NYSE:KORS). Nelson Van Denburg Campbell Wealth Management Grp Ltd Liability Corp holds 0.01% or 350 shares. Aberdeen Asset Mgmt Public Ltd Company Uk stated it has 187,354 shares or 0.02% of all its holdings. Bessemer Grp invested in 41,590 shares. Highbridge Capital Mngmt Limited Company, New York-based fund reported 55,161 shares. Voloridge Investment Mgmt Limited invested in 0.41% or 454,490 shares. 371,874 are held by Gotham Asset Ltd Llc. Ajo L P accumulated 0.23% or 1.49M shares. Ww Asset Mgmt, a Michigan-based fund reported 14,583 shares. 550,739 are owned by Hsbc Hldgs Public Ltd Company. Nomura Asset Management stated it has 0.01% of its portfolio in Michael Kors Holdings Ltd (NYSE:KORS). 1 are owned by Archford Capital Strategies Ltd Liability. Dnb Asset Mngmt As invested in 14,973 shares or 0% of the stock. Moreover, Ing Groep Nv has 0.03% invested in Michael Kors Holdings Ltd (NYSE:KORS) for 43,416 shares. Qs Lc reported 0.03% stake.

Michael Kors Holdings Limited is a designer, marketer, distributor and retailer of branded women’s apparel and accessories and men’s apparel bearing the Michael Kors tradename and related trademarks MICHAEL KORS, MICHAEL MICHAEL KORS, and various other related trademarks and logos. The company has market cap of $7.27 billion. The Firm operates through three divisions: retail, wholesale and licensing. It has a 14.85 P/E ratio. The Retail activities consist of collection stores and lifestyle stores, including concessions and outlet stores, located primarily in the Americas , Europe and Asia, as well as e-commerce.

Eam Investors Llc holds 0.1% of its portfolio in Plug Power Inc for 296,988 shares. Archford Capital Strategies Llc owns 1,847 shares or 0.06% of their US portfolio. Moreover, Mount Lucas Management Lp has 0.06% invested in the company for 150,000 shares. The Connecticut-based Manatuck Hill Partners Llc has invested 0.03% in the stock. Wealthtrust Axiom Llc, a Pennsylvania-based fund reported 35,000 shares.

Ratings analysis reveals 100% of Plug Power’s analysts are positive. Out of 2 Wall Street analysts rating Plug Power, 2 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $3.0 while the high is $3.0. The stock’s average target of $3 is 3.81% above today’s ($2.89) share price. PLUG was included in 2 notes of analysts from December 6, 2016. The rating was initiated by Rodman & Renshaw on Tuesday, December 6 with “Buy”. The rating was maintained by FBR Capital with “Outperform” on Thursday, April 6.

Analysts await Plug Power Inc (NASDAQ:PLUG) to report earnings on November, 6. They expect $-0.03 earnings per share, up 57.14% or $0.04 from last year’s $-0.07 per share. After $-0.10 actual earnings per share reported by Plug Power Inc for the previous quarter, Wall Street now forecasts -70.00% EPS growth.