Michaels Companies Inc (NASDAQ:MIK) had its Hold rating reiterated by Loop Capital

Analyst Ratings For Michaels Companies Inc (NASDAQ:MIK)

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Today, Loop Capital reiterated its Hold rating on Michaels Companies Inc (NASDAQ:MIK).

There are 5 Hold Ratings, 4 Buy Ratings, 1 Strong Buy Ratings, 1 Sell Ratings on the stock.

The current consensus rating on Michaels Companies Inc (NASDAQ:MIK) is Hold with a consensus target price of $20.6250 per share, a potential 51.88% upside.

Some recent analyst ratings include

  • 12/27/2018-Michaels Companies Inc (NASDAQ:MIK) had its Hold rating reiterated by Loop Capital
  • 12/20/2018-Michaels Companies Inc (NASDAQ:MIK) has coverage initiated with a Market Weight rating
  • 12/6/2018-Michaels Companies Inc (NASDAQ:MIK) had its Market Perform ➝ Hold rating reiterated by Wells Fargo & Co with a $17.00 price target
  • 8/9/2018-Michaels Companies Inc (NASDAQ:MIK) had its Buy rating reiterated by Credit Suisse Group
  • 6/21/2018-Michaels Companies Inc (NASDAQ:MIK) had its Focus List rating reiterated by JPMorgan Chase & Co.
  • On 1/26/2018 Carl Rubin, CEO, sold 220,930 with an average share price of $27.15 per share and the total transaction amounting to $5,998,249.50.
  • On 3/9/2017 Charles M Sonsteby, Vice Chairman, sold 38,754 with an average share price of $22.12 per share and the total transaction amounting to $857,238.48.
  • On 3/8/2017 Philo Pappas, EVP, sold 32,020 with an average share price of $22.00 per share and the total transaction amounting to $704,440.00.
  • On 1/27/2017 Blackstone Management Associat, Major Shareholder, sold 18,000,000 with an average share price of $21.28 per share and the total transaction amounting to $383,040,000.00.
  • On 12/16/2016 Blackstone Management Associat, Major Shareholder, sold 12,000,000 with an average share price of $22.04 per share and the total transaction amounting to $264,480,000.00.
  • On 12/2/2016 Philo Pappas, EVP, sold 1,152 with an average share price of $23.92 per share and the total transaction amounting to $27,555.84.
  • On 8/16/2016 Philo Pappas, EVP, sold 1,756 with an average share price of $25.48 per share and the total transaction amounting to $44,742.88.

About Michaels Companies Inc (NASDAQ:MIK)
The Michaels Companies, Inc. owns and operates arts and crafts specialty retail stores for Makers and do-it-yourself home decorators in North America. It operates Michaels stores that offer approximately 45,000 stock-keeping units (SKUs) in crafts, home decor and seasonal, framing, and paper crafting; and Aaron Brothers stores, which offer approximately 5,600 SKUs, including photo frames, a line of ready-made frames, art prints, framed art, art supplies, and custom framing services. The company also operates Pat Catan's stores that provide approximately 57,000 SKUs, including an assortment of kids craft items, fine art supplies, yarns, floral supplies, fabrics, home décor, bakeware and seasonal products, and wedding related merchandise. In addition, the company provides private brands, including Recollections, Studio Decor, Bead Landing, Creatology, Ashland, Celebrate It, Art Minds, Artist's Loft, Craft Smart, Loops & Threads, Make Market, Foamies, LockerLookz, Imagin8, and Sticky Sticks. Further, it manufactures custom and specialty framing merchandise; distributes craft and hobby items products under the Darice brand; and sells its products through an e-commerce platform. As of August 30, 2018, the company owned and operated approximately 1,200 stores in 49 states and Canada under the Michaels, Aaron Brothers, and Pat Catan's brands. It also serves customers through Michaels.com, consumercrafts.com and aaronbrothers.com Websites. The Michaels Companies, Inc. was founded in 2013 and is headquartered in Irving, Texas.

Recent Trading Activity for Michaels Companies Inc (NASDAQ:MIK)
Shares of Michaels Companies Inc closed the previous trading session at 13,58 +0,90 7,10 % with shares trading hands.

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