EPS for Assurant, Inc. (AIZ) Expected At $1.89; 10 Analysts Covering Michael Kors Holdings Limited (KORS)



July 30, 2018 – By Mary Bollinger

Assurant, Inc. (NYSE:AIZ) Logo

Among 24 analysts covering Michael Kors (NYSE:KORS), 10 have Buy rating, 0 Sell and 14 Hold. Therefore 42% are positive. Michael Kors had 32 analyst reports since January 31, 2018 according to SRatingsIntel. The firm earned “Buy” rating on Wednesday, February 7 by Jefferies. Credit Suisse maintained the shares of KORS in report on Thursday, May 31 with “Outperform” rating. The rating was maintained by Canaccord Genuity on Tuesday, May 29 with “Buy”. The firm has “Hold” rating by Piper Jaffray given on Monday, February 5. The rating was maintained by Morgan Stanley with “Equal-Weight” on Thursday, May 31. The firm earned “Equal-Weight” rating on Thursday, May 31 by Barclays Capital. Needham maintained Michael Kors Holdings Limited (NYSE:KORS) on Thursday, February 8 with “Buy” rating. Canaccord Genuity maintained it with “Buy” rating and $81.0 target in Monday, February 5 report. Buckingham Research reinitiated it with “Buy” rating and $84 target in Monday, April 30 report. Susquehanna maintained the stock with “Buy” rating in Thursday, February 8 report. See Michael Kors Holdings Limited (NYSE:KORS) latest ratings:

09/07/2018 Broker: HSBC Rating: Buy New Target: $88 Initiates Coverage On
25/06/2018 Broker: Goldman Sachs Rating: Neutral New Target: $72 Initiates Coverage On
21/06/2018 Broker: UBS Rating: Neutral New Target: $70 Initiates Coverage On
10/06/2018 Broker: Oppenheimer Rating: Buy New Target: $90.0000 Maintain
07/06/2018 Broker: Susquehanna Old Rating: Positive New Rating: Positive Old Target: $62 Terminates
31/05/2018 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $57 New Target: $61 Maintain
31/05/2018 Broker: Credit Suisse Old Rating: Outperform New Rating: Outperform Old Target: $75 New Target: $72 Maintain
31/05/2018 Broker: PiperJaffray Old Rating: Neutral New Rating: Neutral Old Target: $70 New Target: $66 Maintain
31/05/2018 Broker: Barclays Capital Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $75 New Target: $73 Maintain
31/05/2018 Broker: Citigroup Old Rating: Neutral New Rating: Neutral Old Target: $75 New Target: $69 Maintain

Analysts expect Assurant, Inc. (NYSE:AIZ) to report $1.89 EPS on August, 7 after the close.They anticipate $0.26 EPS change or 15.95% from last quarter’s $1.63 EPS. AIZ’s profit would be $119.24M giving it 14.44 P/E if the $1.89 EPS is correct. After having $2.00 EPS previously, Assurant, Inc.’s analysts see -5.50% EPS growth. The stock decreased 0.88% or $0.97 during the last trading session, reaching $109.18. About 466,004 shares traded. Assurant, Inc. (NYSE:AIZ) has declined 3.93% since July 30, 2017 and is downtrending. It has underperformed by 16.50% the S&P500. Some Historical AIZ News: 26/03/2018 – Assurant locks in prices on $900mn debt sale; 14/03/2018 – ASSURANT COMMENCEMENT OF FIXED-TO-FLOATING SUB NOTES OFFER; 22/03/2018 – Moody’s Assigns Assurant Inc.’s Shelf Ratings, Rates Senior Notes Baa2; On Review For Downgrade; 06/03/2018 – ASSURANT INC SAYS HAS REVISED ITS FINANCING PLAN FOR ACQUISITION OF TWG HOLDINGS LIMITED BY LOWERING OVERALL EQUITY ISSUANCE – SEC FILING; 19/04/2018 – Assurant, Good360 Launch New Technology Reuse Program; 03/05/2018 – Assurant 1Q Rev $1.64B; 04/05/2018 – A.M. Best Affirms Credit Ratings of Assurant, Inc.’s Core Life/Health Subsidiaries; 22/04/2018 – DJ Assurant Inc, Inst Holders, 1Q 2018 (AIZ); 03/05/2018 – ASSURANT 1Q REV. $1.64B, EST. $1.57B (2 EST.); 18/04/2018 – Fitch Rates Assurant CLO II, Ltd./LLC; Publishes New Issue Report

The stock decreased 2.39% or $1.63 during the last trading session, reaching $66.71. About 1.15 million shares traded. Michael Kors Holdings Limited (NYSE:KORS) has risen 87.39% since July 30, 2017 and is uptrending. It has outperformed by 74.82% the S&P500. Some Historical KORS News: 02/04/2018 – Kors Signs Pro Golfer Charl Schwartzel as First Golf Brand Ambassador; 30/05/2018 – MICHAEL KORS 4Q ADJ EPS 63C, EST. 60C; 30/05/2018 – Michael Kors Sees FY19 Comparable Sales to be Approximately Flat; 29/05/2018 – Michael Kors Presenting at Conference Jun 5; 30/05/2018 – MICHAEL KORS HOLDINGS LTD KORS.N FY2019 REV VIEW $5.00 BLN — THOMSON REUTERS l/B/E/S; 18/04/2018 – CGTN: Exclusive interview: fashion designer Michael Kors “walks” and “talks” in Shanghai #MichaelKors…; 11/05/2018 – “Mad Money” host Jim Cramer weighs Michael Kors against Molson Coors and uses the drastically different companies to teach an investing lesson; 30/05/2018 – MICHAEL KORS 4Q EPS 29C, EST. 60C; 29/05/2018 – Michael Kors Holdings Ltd expected to post earnings of 60 cents a share – Earnings Preview; 11/05/2018 – Michael Kors and Molson Coors are drastically different, but in a key way. @JimCramer breaks it down

Since February 13, 2018, it had 0 insider purchases, and 11 insider sales for $76.34 million activity. Shares for $10.20 million were sold by IDOL JOHN D on Friday, July 20. Benedetto M William sold 4,000 shares worth $255,752. 6,097 Michael Kors Holdings Limited (NYSE:KORS) shares with value of $387,647 were sold by Robinson Cathy Marie. Reitman Stephen F had sold 6,500 shares worth $406,065 on Tuesday, February 13. Another trade for 12,100 shares valued at $794,557 was made by McDonough Krista A on Monday, June 11. Shares for $15.12 million were sold by Kors Michael David.

Investors sentiment decreased to 1.1 in 2018 Q1. Its down 0.34, from 1.44 in 2017Q4. It fall, as 36 investors sold Michael Kors Holdings Limited shares while 132 reduced holdings. 58 funds opened positions while 126 raised stakes. 116.43 million shares or 3.07% less from 120.12 million shares in 2017Q4 were reported. Pnc Svcs Group Inc Incorporated accumulated 0% or 16,208 shares. Sumitomo Mitsui Asset Com has 0.01% invested in Michael Kors Holdings Limited (NYSE:KORS). Bessemer Group Inc reported 48,848 shares stake. California-based Dorsey Wright And Associates has invested 0.34% in Michael Kors Holdings Limited (NYSE:KORS). Principal Fincl Grp Inc has invested 0.04% in Michael Kors Holdings Limited (NYSE:KORS). Voloridge Investment Mgmt Ltd Liability has invested 0.43% in Michael Kors Holdings Limited (NYSE:KORS). Gsa Capital Partners Ltd Liability Partnership reported 37,583 shares or 0.12% of all its holdings. Aimz Inv Advisors Limited Liability Corporation accumulated 34,613 shares. 161,800 are owned by Korea Invest. Assetmark reported 0% stake. Arrowstreet Capital L P, Massachusetts-based fund reported 1.71M shares. Whittier Trust holds 174 shares or 0% of its portfolio. Moreover, Utah Retirement System has 0.04% invested in Michael Kors Holdings Limited (NYSE:KORS) for 26,699 shares. Koch Inc owns 11,589 shares or 0.07% of their US portfolio. Livforsakringsbolaget Skandia Omsesidigt owns 10,849 shares for 0.02% of their portfolio.

Michael Kors Holdings Limited design, markets, distributes, and retails branded womenÂ’s apparel and accessories, and menÂ’s apparel. The company has market cap of $10.01 billion. The firm operates in three divisions: Retail, Wholesale, and Licensing. It has a 17.46 P/E ratio. The Retail segment is involved in the sale of womenÂ’s apparel; men’s apparel; accessories, which include handbags and small leather goods, such as wallets; footwear; and licensed products comprising watches, jewelry, fragrances, beauty products, and eyewear.

More recent Michael Kors Holdings Limited (NYSE:KORS) news were published by: Seekingalpha.com which released: “Michael Kors: Potential For Further Upside Ahead” on July 25, 2018. Also Benzinga.com published the news titled: “Barron’s Picks And Pans: Michael Kors, Royal Caribbean, Toll Brothers And More” on July 09, 2018. Investorplace.com‘s news article titled: “Trade of the Day: Michael Kors Stock Is Ripe for the Picking” with publication date: July 12, 2018 was also an interesting one.

Assurant, Inc., through its subsidiaries, provides risk management solutions for housing and lifestyle markets worldwide. The company has market cap of $6.89 billion. The companyÂ’s Global Housing segment provides lender-placed, homeowners, voluntary manufactured housings, and floods insurance services; renters insurance and related products; and mortgage solutions comprising property inspection and preservation services, valuation and title services, and other property risk management services. It has a 12.38 P/E ratio. The Company’s Global Lifestyle segment offers mobile device protection products and related services, and extended service contracts for consumer electronics and appliances; vehicle protection services; and credit and other insurance services.

Another recent and important Assurant, Inc. (NYSE:AIZ) news was published by Benzinga.com which published an article titled: “Business Mix Shift Positions Assurant For Better Growth, ROE, Morgan Stanley Says In Bullish Initiation” on July 10, 2018.

Since June 7, 2018, it had 0 buys, and 1 sale for $238,869 activity. Pagano Christopher J sold $238,869 worth of stock.

Michael Kors Holdings Limited (NYSE:KORS) Ratings Chart

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