|Bid||9.42 x 4000|
|Ask||9.51 x 3200|
|Day's Range||9.25 - 9.89|
|52 Week Range||1.00 - 11.70|
|Beta (5Y Monthly)||3.05|
|PE Ratio (TTM)||10.03|
|Earnings Date||Dec. 03, 2020 - Dec. 07, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||10.07|
The Michaels Companies, Inc. (NASDAQ: MIK) will host its 2020 Virtual Investor Day this morning to provide an overview of its strategic plan and an update on the Company’s go-to-market transformation to better serve the needs of its Maker customers. The Company will also provide a long-term financial algorithm outlining plans to drive sustainable sales and profit growth. Michaels Chief Executive Officer, Ashley Buchanan, will be hosting today’s Investor Day, joined by Chief Financial Officer, Mike Diamond, and other members of the Michaels executive team. Following the executive presentations, the Company will host a live question and answer session.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Michaels (MIK) topped our second quarter estimates at the start of September and it posted its strongest sales growth in years as people looked to keep busy while staying home...