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The Michaels Companies, Inc. (MIK)

Stock Price: $7.53 USD 0.42 (5.91%)
Updated Aug 4, 2020 4:00 PM EDT - Market closed
After-hours: $7.47 -0.06 (-0.80%) Aug 4, 7:06 PM

Stock Price Chart

Key Info

Market Cap 1.11B
Revenue (ttm) 4.78B
Net Income (ttm) 171.40M
Shares Out 147.34M
EPS (ttm) 1.14
PE Ratio 6.61
Forward PE 6.54
Dividend n/a
Dividend Yield n/a

Stock Quote

Trading Day Aug 4, 2020
Last Price $7.53
Previous Close $7.11
Change ($) 0.42
Change (%) 5.91%
Day's Open 7.16
Day's Range 7.11 - 7.57
Day's Volume 1,930,985
52-Week Range 1.00 - 11.10

More Stats

Market Cap 1.11B
Enterprise Value 5.12B
Earnings Date (est) Aug 27, 2020
Ex-Dividend Date n/a
Shares Outstanding 147.34M
Float 73.40M
EPS (basic) 1.12
EPS (diluted) 1.14
FCF / Share 1.96
Dividend n/a
Dividend Yield n/a
Earnings Yield 15.14%
FCF Yield 25.91%
Payout Ratio n/a
Shares Short 24.46M
Short Ratio 5.60
Short % of Float 34.07%
Beta 2.71
PE Ratio 6.61
Forward PE 6.54
P/FCF Ratio 3.86
PS Ratio 0.23
PB Ratio n/a
Revenue 4.78B
Operating Income 361.63M
Net Income 171.40M
Free Cash Flow 287.43M
Net Cash -4.01B
Net Cash / Share -27.23
Gross Margin 39.39%
Operating Margin 7.57%
Profit Margin 3.60%
FCF Margin 6.02%
ROA 6.43%
ROE n/a
ROIC 5.60%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (9)

Buy 2
Overweight 0
Hold 4
Underweight 1
Sell 2

Analyst Consensus: Hold

Price Target

$6.02*
(-20.05% downside)
Low
1.95
Current: $7.53
High
13.00
Target: 6.02
*Average 12-month price target from 8 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue5,0725,2725,3625,1974,9134,7384,5704,4084,2104,031
Revenue Growth-3.79%-1.68%3.17%5.79%3.69%3.68%3.67%4.7%4.44%-
Gross Profit1,8722,0242,1292,0281,9681,9011,8221,7651,6781,564
Operating Income515564735715721627610592538488
Net Income273320390378363217243200157103
Shares Outstanding153171184205207203175175175-
Earnings Per Share1.781.862.101.821.721.051.361.120.89-
EPS Growth-4.3%-11.43%15.38%5.81%63.81%-22.79%21.43%25.84%--
Operating Cash Flow493444524564504442449299409438
Capital Expenditures-121-145-128-114-124-138-112-124-109-81.00
Free Cash Flow373299396450380304337175300357
Cash & Equivalents41024642629940937823956.003710.00
Total Debt4,3342,7062,7272,7542,7703,1153,6943,0413,490-
Net Cash / Debt-3,924-2,460-2,301-2,455-2,360-2,736-3,455-2,985-3,1190.00
Assets3,8382,1282,3002,1482,0311,9611,8111,5551,838-
Liabilities5,2853,7553,8103,8463,7554,0734,5933,8594,339-
Book Value-1,446-1,626-1,509-1,698-1,724-2,112-2,782-2,304-2,501-
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name The Michaels Companies, Inc.
Country United States
Employees 12,000
CEO Ashley Buchanan

Stock Information

Ticker Symbol MIK
Stock Exchange NASDAQ
Sector Consumer Cyclical
Industry Specialty Retail
Unique Identifier NASDAQ: MIK

Description

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 (SKUs) 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 Sticky Sticks. Further, it manufactures and supplies precut mats and custom framing merchandise; and distributes craft and hobby items products under the Darice brand. As of February 1, 2020, the company operated approximately 1,274 Michaels retail stores in 49 states and Canada. It also serves customers through Michaels.com, ConsumerCrafts.com, Canada.Michaels.com, Darice.com, and AaronBrothers.com websites, as well as through its Michaels app. The Michaels Companies, Inc. was incorporated in 1983 and is headquartered in Irving, Texas.