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Is this Large Market Cap Stock target price reasonable for Michael Kors Holdings Limited (NYSE:KORS)?

The company in question is, Michael Kors Holdings Limited (NYSE:KORS) currently with a stock price of 46.93 (0.64% today). The market cap for Michael Kors Holdings Limited is 7975.13, and is in the sector Consumer Goods, and Textile РApparel Clothing industry. The target price for Michael Kors Holdings Limited is 55. Currently Michael Kors Holdings Limited is trading with a P/E of 10.56, and a forward P/E of 9.7. Average volume for Michael Kors Holdings Limited is 2557.91 and so far today it is 975421.

Performance in the last year for Michael Kors Holdings Limited has been 11.66%. For EPS growth, Michael Kors Holdings Limited has seen a growth of 3.70%, and is looking to grow in the next year to 5.10%. More long term stats show that EPS growth has been 71.60% over the last five years and could be 3.57% for the next five years. Michael Kors Holdings Limited has seen sales growth quarter over quarter at 0.20%, with EPS growth quarter over quarter at -4.40%. The 20-day simple moving average is -3.67%, with the 200-day simple moving average coming to -4.68%.

Since the IPO date for Michael Kors Holdings Limited on the 12/15/2011, Michael Kors Holdings Limited has seen performance year to date to be 16.40%. With Michael Kors Holdings Limited trading at 46.93, the dividend yield is *TBA, and the EPS is 4.42.

So could Michael Kors Holdings Limited, be undervalued? Well as said before P/E is 10.56. The PEG is 2.96, P/S is 1.69 and the P/B is at 4.63. The P/cash is 23.66, with P/free cash flow at 8.33.

Michael Kors Holdings Limited ability to deal with debt shows that the current ratio is 1.8, and the quick ratio is 0.9. This is with long term debt/equity at 0, and total debt/equity at 0.14.

In terms of margins, Michael Kors Holdings Limited has a gross margin of 59.10%, an operating margin of 23.60% and a profit margin of 17.20%.Payout ratio for Michael Kors Holdings Limited is 0.00%. Return on assets come to 31.80% with return on investment coming to 42.10%.

Insider ownership for Michael Kors Holdings Limited, is at 3.70% and institutional ownership comes to 86.80%. Outstanding shares are at 171.03. While shares float is 162.32. The float short is currently 12.07%, and short ratio is 7.66.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

About the author

Mark Hines

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