Monday, May 4, 2015

Zacks Reiterates "Hold" Rating for Kate Spade & Company (KATE)

Kate Spade iPhone 6 cases & Company (NASDAQ: KATE)'s stock had its "hold" standing reiterated by Zacks in a expose issued on Friday.

Kate Spade iPhone 6 Case Polka Dot White

Zacks' expert wrote, "Kate Spade iPhone 6 & Opportunity} engages in designing and marketing appliances and apparel under three transnational, multichannel lifestyle brands: Kate spade New York, Kate Spade Saturday and therefore Jack Spade. The company offers things, handbags, briefcases, travel bags, petite leather goods, tabletop products, legwear, bedding, stationery, jewelry, apparel, heels, optics, fragrances, electronics cases, products, beauty, and home decor products. Kate Spade & Company, formerly named Fifth & Pacific Companies, Incorporation., is based in New York. "

Any other analysts have also recently commented inside the stock. Analysts at TheStreet improved shares of Kate Spade or Company from a "hold" rating to some "buy" rating in a research queries on Tuesday, March 3rd. Industry experts at Wunderlich raised their total price target on shares of Kate Spade & Company from $36. 00 to $39. 00 and therefore gave the company a "buy" standing in a research note on Saturday, March 3rd. Finally, analysts to Mizuho raised their price ideal on shares of Kate Spade & Company from $36. 00 to $38. 00 and tended to give the company a "buy" rating on a research note on Tuesday, Parade, sashay 3rd.

Kate Spade & Opportunity} (NASDAQ: KATE) traded up zero. 58% on Friday, hitting $32. 89. 1, 329, 308 stocks and shares of the company's stock traded grasp. Kate Spade & Company any 52 week low of $24. 07 and a 52 week a lot of $42. 87. The stock's 50-day moving average is $33. along with its 200-day moving average is $30.. The company has a market cap towards $4. 19 billion and a PRICE TO EARNINGS RATIO ratio of 26. 33.

Kate Spade & Company (NASDAQ: KATE) last issued its quarterly proceeds data on Tuesday, March final. The company reported $0. 24 proceeds per share (EPS) for the dole, missing the consensus estimate towards $0. 27 by $0. goal. The company had revenue of $399. 00 million for the quarter, in comparison with the consensus estimate of $389. 46 million. The company's revenue of the quarter was up 44. seven percent on a year-over-year basis. On average, industry analysts predict that Kate Spade or Company will post $0. fifty-eight earnings per share for the most up-to-date fiscal year.

Kate Spade or Co, formerly Fifth & Ocean Companies Inc, designs and foreign exchange market a portfolio of retail-based, prime quality brands, including JUICY COUTURE, KATE SPADE and LUCKY BRAND. Group also has a private brand jewelry development and design division, which markets brands into department stores and serves J. H.

To get a free copy of the hunt report on Kate Spade or Company (KATE), click here. For more information surrounding research offerings from Zacks Finance Research, visit Zacks. com

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