The Michaels Companies, Inc. (MIK)
Stock Price Chart
Key Info
| Market Cap | 1.39B |
| Revenue (ttm) | 4.89B |
| Net Income (ttm) | 139.10M |
| Shares Out | 147.44M |
| EPS (ttm) | 0.94 |
| PE Ratio | 10.04 |
| Forward PE | 4.84 |
| Dividend | n/a |
| Dividend Yield | n/a |
Stock Quote
| Trading Day | Oct 23, 2020 |
| Last Price | $9.44 |
| Previous Close | $9.65 |
| Change ($) | -0.21 |
| Change (%) | -2.18% |
| Day's Open | 9.74 |
| Day's Range | 9.24 - 9.80 |
| Day's Volume | 2,640,745 |
| 52-Week Range | 1.00 - 11.70 |
More Stats
| Market Cap | 1.39B |
| Enterprise Value | 5.05B |
| Earnings Date (est) | Dec 3, 2020 |
| Ex-Dividend Date | n/a |
| Shares Outstanding | 147.44M |
| Float | 83.40M |
| EPS (basic) | 0.91 |
| EPS (diluted) | 0.94 |
| FCF / Share | 4.66 |
| Dividend | n/a |
| Dividend Yield | n/a |
| Earnings Yield | 9.96% |
| FCF Yield | 49.32% |
| Payout Ratio | n/a |
| Shares Short | 36.36M |
| Short Ratio | 6.17 |
| Short % of Float | 43.60% |
| Beta | 3.04 |
| PE Ratio | 10.04 |
| Forward PE | 4.84 |
| P/FCF Ratio | 2.03 |
| PS Ratio | 0.28 |
| PB Ratio | n/a |
| Revenue | 4.89B |
| Operating Income | 343.60M |
| Net Income | 139.10M |
| Free Cash Flow | 686.45M |
| Net Cash | -3.65B |
| Net Cash / Share | -24.79 |
| Gross Margin | 38.47% |
| Operating Margin | 7.02% |
| Profit Margin | 2.80% |
| FCF Margin | 14.03% |
| ROA | 7.53% |
| ROE | n/a |
| ROIC | 5.40% |
Analyst Summary
Analyst Consensus: Overweight
Financial Performance
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 5,072 | 5,272 | 5,362 | 5,197 | 4,913 | 4,738 | 4,570 | 4,408 | 4,210 | 4,031 |
| Revenue Growth | -3.79% | -1.68% | 3.17% | 5.79% | 3.69% | 3.68% | 3.67% | 4.7% | 4.44% | - |
| Gross Profit | 1,872 | 2,024 | 2,129 | 2,028 | 1,968 | 1,901 | 1,822 | 1,765 | 1,678 | 1,564 |
| Operating Income | 515 | 564 | 735 | 715 | 721 | 627 | 610 | 592 | 538 | 488 |
| Net Income | 273 | 320 | 390 | 378 | 363 | 217 | 243 | 200 | 157 | 103 |
| Shares Outstanding | 153 | 171 | 184 | 205 | 207 | 203 | 175 | 175 | 175 | - |
| Earnings Per Share | 1.78 | 1.86 | 2.10 | 1.82 | 1.72 | 1.05 | 1.36 | 1.12 | 0.89 | - |
| EPS Growth | -4.3% | -11.43% | 15.38% | 5.81% | 63.81% | -22.79% | 21.43% | 25.84% | - | - |
| Operating Cash Flow | 493 | 444 | 524 | 564 | 504 | 442 | 449 | 299 | 409 | 438 |
| Capital Expenditures | -121 | -145 | -128 | -114 | -124 | -138 | -112 | -124 | -109 | -81.00 |
| Free Cash Flow | 373 | 299 | 396 | 450 | 380 | 304 | 337 | 175 | 300 | 357 |
| Cash & Equivalents | 410 | 246 | 426 | 299 | 409 | 378 | 239 | 56.00 | 371 | - |
| Total Debt | 4,334 | 2,706 | 2,727 | 2,754 | 2,770 | 3,115 | 3,694 | 3,041 | 3,490 | - |
| Net Cash / Debt | -3,924 | -2,460 | -2,301 | -2,455 | -2,360 | -2,736 | -3,455 | -2,985 | -3,119 | - |
| Assets | 3,838 | 2,128 | 2,300 | 2,148 | 2,031 | 1,961 | 1,811 | 1,555 | 1,838 | - |
| Liabilities | 5,285 | 3,755 | 3,810 | 3,846 | 3,755 | 4,073 | 4,593 | 3,859 | 4,339 | - |
| Book Value | -1,446 | -1,626 | -1,509 | -1,698 | -1,724 | -2,112 | -2,782 | -2,304 | -2,501 | - |
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 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.