Buy, Sell or Hold: The Michaels Companies (MIK-Q) — Stock Predictions at Stockchase

NASDAQ:MIK

21.97

0.03 (0.14%) 1d

Showing 1 to 5 of 5 entries

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PAST TOP PICK

(A Top Pick Dec 01/20, Up 117.6%)Stockchase Research Editor: Michael O'Reilly With the recent announcement that MIK would be purchased in a private buyout, we are officially calling this position closed out at $22. Combined with the previous recommendation to cover half the position, the total investment return is 73%.

Consumer Products

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PAST TOP PICK

(A Top Pick Dec 01/20, Up 116%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with MIK is progressing well. We are recommending to trail up the stop to $16.50. This would all but ensure a minimum investment return exceeding 45%, including the recommendation to cover 50% previously.

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PAST TOP PICK

(A Top Pick Dec 01/20, Up 28.5%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with MIK has quickly achieved its $13 objective. To be disciplined, we are recommending to cover 50% of the position. We are also recommending trailing up the stop to $7.50.

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TOP PICK

Stockchase Research Editor: Michael O'Reilly MIK is the largest arts and crafts retailer in North America. It has benefited from the stay-at-home trend and now is poised for the holiday season. Recent earnings in September of $0.30 per share beat expectations of a loss. Revenues are growing by 11% along with same store sales. Earnings are going to reported this week. We would buy this with a $7 stop-loss, looking to achieve $13 -- 27% upside. Yield 0% (Analysts’ price target is $11.69)

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DON'T BUY

Recently reported an earnings beat, including rising same-store sales, and is entering the holiday buying season It doesn't have scale, not big enough to make him buy, like Bed Bath Beyond, Target or Costco.

Consumer Products

Showing 1 to 5 of 5 entries

The Michaels Companies(MIK-Q) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 1

Stockchase rating for The Michaels Companies is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

The Michaels Companies(MIK-Q) Frequently Asked Questions

What is The Michaels Companies stock symbol?

The Michaels Companies is a American stock, trading under the symbol MIK-Q on the NASDAQ (MIK). It is usually referred to as NASDAQ:MIK or MIK-Q

Is The Michaels Companies a buy or a sell?

In the last year, 1 stock analyst published opinions about MIK-Q. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for The Michaels Companies.

Is The Michaels Companies a good investment or a top pick?

The Michaels Companies was recommended as a Top Pick by on . Read the latest stock experts ratings for The Michaels Companies.

Why is The Michaels Companies stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is The Michaels Companies worth watching?

1 stock analyst on Stockchase covered The Michaels Companies In the last year. It is a trending stock that is worth watching.

What is The Michaels Companies stock price?

On 2021-04-14, The Michaels Companies (MIK-Q) stock closed at a price of $21.97.

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