These Stocks Could Surge Despite the Current Downturn
The market may be down... But when Apple makes this announcement as soon as September 10... These three stocks could start to take off.
About The Michaels Companies, Inc
The Michaels Companies, Inc. owns and operates arts and crafts specialty retail stores for hobbyist and do-it-yourself home decorators in the United States and Canada. It operates Michaels stores that offer approximately 45,000 basic and seasonal stock-keeping units in arts, crafts, framing, floral, and home décor and seasonal merchandise. The company also provides private brands, including Recollections, Studio Decor, Bead Landing, Creatology, Ashland, Celebrate It, ArtMinds, Artist's Loft, Craft Smart, Loops & Threads, Simply Tidy, Make Market, Foamies, LockerLookz, Imagin8, and other sub-brands. In addition, it owns and operates Artistree, which supplies precut mats and custom framing merchandise. As of January 30, 2021, the company operated approximately 1,252 Michaels retail stores in 49 states and Canada. It also serves customers through Michaels.com, Canada.Michaels.com, and michaelscustomframing.com websites, as well as through its Michaels app. The company was incorporated in 1983 and is headquartered in Irving, Texas.
General
| Name | The Michaels Companies, Inc |
| Ticker | MIK |
| Exchange | NASDAQ |
| Sector | Consumer Cyclical |
| Industry | Specialty Retail |
| Currency | USD |
| Country | USA |
| Fiscal Year End | February |
| Full Time Employees | 11,000 |
Highlights
| Analyst Target | 17.52 |
| Market Cap | 3,107,246,080 |
| PEG Ratio | 0.74 |
| EBITDA | 726,464,000 |
Share Stats
| Shares Outstanding | 141,656,992 |
| Shares Float | 87,770,199 |
| Shares Short | 13,227,630 |
| Insider Holdings | 58% |
| Institution Holdings | 121.94% |
Highlights
| Analyst Target | 17.52 |
| Market Cap | 3,107,246,080 |
| PEG Ratio | 0.74 |
| EBITDA | 726,464,000 |
Valuation
| Trailing PE | 11.06 |
| Forward PE | 9.06 |
| Price/Sales (Trailing 12 Mt.) | 0.62 |
Earnings
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