Back to top

Tale of the Tape

Zacks Equity Research

Michael Kors Holdings (KORS) Surges: Stock Moves 17.3% Higher
February 05, 2014


Save at Trade
Michael Kors Holdings Ltd. (KORS - Analyst Report) was a big mover last session, as the company saw its shares rise by over 17% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $1.28 to $1.46 in the past one-month time frame.

This speciality retailer has seen one positive and one negative estimate over the past 30 days while its Zacks Consensus Estimate remained unchanged over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Michael Kors Holdings currently has a Zacks Rank #2 (Buy) while its Earnings ESP is positive.

Some stocks in the same industry looking equally good include Hanesbrands Inc. (HBI - Analyst Report), Columbia Sportswear Company (COLM - Analyst Report) and Under Armour, Inc. (UA - Analyst Report). While Hanesbrands holds a Zacks Rank #1 (Strong Buy), Columbia Sportswear Company and Under Armour carry a Zacks Rank #2 (Buy).

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>