Investment industry analysts at BBVA started coverage upon shares of Kate Spade + Company (NASDAQ: KATE) in a mention issued to investors on Sunday. The firm set a "buy" rating and a $35. 00 outlay target on the stock. BBVA's direct itself towards price would indicate a potential benefit of 31. 43% from the company's current price.
A number of other firms have likewise recently commented on KATE. Industry analysts at BB&T Corp. initiated protection on shares of Kate Spade & Company in a research mention on Tuesday. They set the right "buy" rating and a $35. 00 price target on the stock. These kinds of products noted that the move was a value call. Analysts at Wedbush begun coverage on shares of Kate Spade & Company in a investigation note on Wednesday, May thirteenth. They set an "outperform" level and a $39. 00 price direct itself towards on the stock. Analysts at Financial of America initiated coverage upon shares of Kate Spade + Company in a research note upon Tuesday, May 12th. They create a "buy" rating on the stock trading. Finally, analysts at Nomura reiterated a "buy" rating and set the right $36. 00 price target upon shares of Kate Spade + Company in a research note upon Monday, May 11th. Two industry analysts have rated the stock with a preserve rating and seven have applied a buy rating to the stock trading. The stock currently has an norm rating of "Buy" and a agreement target price of $37. 33.
Provides of Kate Spade & Boss} (NASDAQ: KATE) opened at thirty. 39 on Wednesday. Kate Spade & Company has a one year minimum of $24. 07 and a 12 months high of $42. 87. The stock's 50-day moving average is $31. and its 200-day moving average is also $31.. The company has a market top of $3. 24 billion with a P/E ratio of 56. fifty-five.
Kate Spade & Company (NASDAQ: KATE) last announced its wages results on Thursday, May in 7th place. The company reported $0. 03 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0. 02 by $0. 01. Business had revenue of $255. 00 million for the quarter, compared to the agreement estimate of $244. 90 thousand thousand. During the same quarter in the previous year, the company posted ($0. 06) earnings per share. The company's quarterly revenue was up 18. 2% on a year-over-year basis. An average of, analysts predict that Kate Spade & Company will post $0. 54 earnings per share the current fiscal year.
Kate Spade & Co, formerly Fifth + Pacific Companies Inc, designs on top of that markets a portfolio of retail-based, premium brands, including JUICY DISPOSITION, KATE SPADE and LUCKY EMBLEM. The Company also has a private brand diamond jewelry design and development division, which markets brand through department stores and serves His or her. C.
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