The share price of The Michaels Companies, Inc. [NASDAQ: MIK] inclined by $4.98, presently trading at $4.81. The company’s shares saw 0.21% gains compared to the lowest price in the period of the last 52 weeks, set at $4.80 recorded on 02/13/20. The last few days have been tough to the share price as MIK fall by -8.38% during the last week, even though the stock is still down by -11.25% compared to -0.44 of all time high it touched on 02/10/20. However, the stock had a poor performance during the past 3 months, roughly losing -33.56%, while additionally dropping -63.17% during the last 12 months. The Michaels Companies, Inc. is said to have a 12-month price target set at $7.50. That means that the stock has a strong potential to acquire 2.69% increase from the current trading price.
The Michaels Companies, Inc. [NASDAQ:MIK]: Analyst Rating and Earnings
Its stock price has been found in the range of 4.80 to 14.47. This is compared to its latest closing price of $4.98.
Pay attention to the next-scheduled financial results for this company to be released, which is slated for Tue 17 Mar (In 33 Days).
Fundamental Analysis of The Michaels Companies, Inc. [MIK]
Now let’s turn to look at profitability: with a current Operating Margin for The Michaels Companies, Inc. [MIK] sitting at +12.75 and its Gross Margin at +38.39, this company’s Net Margin is now 5.30%. These metrics indicate that this company is not generating as much profit, after accounting for expenses, compared to its market peers.
This company’s Return on Total Capital is 58.54, and its Return on Invested Capital has reached 43.10%. Its Return on Assets is 14.40.
Similarly, its Total Debt to Total Capital is 250.61, while its Total Debt to Total Assets stands at 127.14.
What about valuation? This company’s Enterprise Value to EBITDA is 4.00 and its Total Debt to EBITDA Value is 3.40. The Enterprise Value to Sales for this firm is now 0.62, and its Total Debt to Enterprise Value stands at 0.56.
Shifting the focus to workforce efficiency, The Michaels Companies, Inc. [MIK] earns $112,169 for each employee under its payroll. Similarly, this company’s Receivables Turnover is 114.32 and its Total Asset Turnover is 2.38. This publicly-traded organization’s liquidity data is also interesting: its Quick Ratio is 0.44 and its Current Ratio is 1.63. This company, considering these metrics, has a healthy ratio between its short-term liquid assets and its short-term liabilities, making it a less risky investment.
The Michaels Companies, Inc. [MIK] has 148.48M shares outstanding, amounting to a total market cap of $714.19M. Its stock price has been found in the range of 4.80 to 14.47. At its current price, it has moved down by -66.76% from its 52-week high, and it has moved up 0.21% from its 52-week low.
This stock’s Beta value is currently 1.14, which indicates that it is 6.29% more volatile that the wider market. This stock’s Relative Strength Index (RSI) is at 33.36. This RSI score is good, suggesting this stock is neither overbought or oversold.
Conclusion: Is The Michaels Companies, Inc. [MIK] a Reliable Buy?
Shares of The Michaels Companies, Inc. [MIK], on the whole, present investors with both positive and negative signals. Wall Street analysts have mixed reviews when it comes to the 12-month price outlook, and this company’s financials show a combination of strengths and weaknesses. Based on the price performance, this investment is somewhat risky while presenting reasonable potential for ROI.