Wells Fargo analyst Zachary Fadem maintained a Hold rating on Michaels Companies (MIK) yesterday. The company’s shares closed last Wednesday at $14.65.
According to TipRanks.com, Fadem is a top 100 analyst with an average return of 31.3% and a 77.1% success rate. Fadem covers the Consumer Goods sector, focusing on stocks such as National Vision Holdings, Floor & Decor Holdings, and Advance Auto Parts.
Currently, the analyst consensus on Michaels Companies is a Hold with an average price target of $13.63.
See today’s analyst top recommended stocks >>
Michaels Companies’ market cap is currently $1.92B and has a P/E ratio of 8.90. The company has a Price to Book ratio of -1.25.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Michaels Cos., Inc. is an arts and crafts specialty retailer, which engages in the provision of materials, project ideas, and education for creative activities. It operates through the following segments: Michaels-U.S., Michaels-Canada, Aaron Brothers, Pat Catan’s, and Darice. The company was founded by Michael Dupey in 1973 and is headquartered in Irving, TX.
