Revenue Estimates Analysis of The Michaels Companies, Inc.(NASDAQ:MIK): Immersion Corporation(NASDAQ:IMMR)

0
8
touch screen graph on tablet

The Michaels Companies, Inc. (MIK) will report its next earnings on Jun 06 BMO. The company reported the earnings of $0.31/Share in the last quarter where the estimated EPS by analysts was $0.31/share. The difference between the expected and actual EPS was $0/share, which represents an Earnings surprise of 0%.

Many analysts are providing their Estimated Earnings analysis for The Michaels Companies, Inc. and for the current quarter 12 analysts have projected that the stock could give an Average Earnings estimate of $0.14/share. These analysts have also projected a Low Estimate of $0.13/share and a High Estimate of $0.15/share.

In case of Revenue Estimates, 11 analysts have provided their consensus Average Revenue Estimates for The Michaels Companies, Inc. as 1.02 Billion. According to these analysts, the Low Revenue Estimate for The Michaels Companies, Inc. is 992 Million and the High Revenue Estimate is 1.03 Billion. The company had Year Ago Sales of 1.05 Billion.

These analysts also forecasted Growth Estimates for the Current Quarter for MIK to be -6.7%. They are projecting Next Quarter growth of -4.17%. For the next 5 years, The Michaels Companies, Inc. is expecting Growth of 5.13% per annum, whereas in the past 5 years the growth was 0.43% per annum.

Some buy side analysts are also providing their Analysis on The Michaels Companies, Inc., where 0 analysts have rated the stock as Strong buy, 0 analysts have given a Buy signal, 1 said it’s a HOLD, and 0 analysts rated the stock as Sell. (These Recommendations are for the Current Month Only reported by Yahoo Finance.)

When it comes to the Analysis of a Stock, Price Target plays a vital role. Analysts reported that the Price Target for The Michaels Companies, Inc. might touch $15 high while the Average Price Target and Low price Target is $10.27 and $7 respectively.

The Michaels Companies, Inc. closed its last trading session at $7.57 with the gain of 3.04%. The Market Capitalization of the company stands at 1.24 Billion. The Company has 52-week high of $21.11 and 52-week low of $7.39. The stock’s current distance from 20-Day Simple Moving Average (SMA20) is -9.31% where SMA50 and SMA200 are -21.09% and -42.2% respectively. The Company Touched its 52-Week High on 08/09/18 and 52-Week Low on 07/02/19.

The Relative Volume of the company is 0.65 and Average Volume (3 months) is 2.65 million. The company’s P/E (price to earnings) ratio is 3.87 and Forward P/E ratio of 3.15.

The company shows its Return on Assets (ROA) value of 0%. The Return on Equity (ROE) value stands at 0%. While it’s Return on Investment (ROI) value is 43.1%.

While looking at the Stock’s Performance, The Michaels Companies, Inc. currently shows a Weekly Performance of -11.86%, where Monthly Performance is -20%, Quarterly performance is -33.73%, 6 Months performance is -44.64% and yearly performance percentage is -59.54%. Year to Date performance value (YTD perf) value is -42.39%. The Stock currently has a Weekly Volatility of 6.99% and Monthly Volatility of 5.71%.

Immersion Corporation (IMMR) will report its next earnings on Aug 12 AMC. The company reported the earnings of $-0.28/Share in the last quarter where the estimated EPS by analysts was $-0.29/share. The difference between the expected and actual EPS was $0.01/share, which represents an Earnings surprise of 3.4%.

Many analysts are providing their Estimated Earnings analysis for Immersion Corporation and for the current quarter 3 analysts have projected that the stock could give an Average Earnings estimate of $-0.14/share. These analysts have also projected a Low Estimate of $-0.16/share and a High Estimate of $-0.13/share.

In case of Revenue Estimates, 3 analysts have provided their consensus Average Revenue Estimates for Immersion Corporation as 9.03 Million. According to these analysts, the Low Revenue Estimate for Immersion Corporation is 8 Million and the High Revenue Estimate is 9.73 Million. The company had Year Ago Sales of 6.14 Million.

These analysts also forecasted Growth Estimates for the Current Quarter for IMMR to be 22.2%. They are projecting Next Quarter growth of 171.43%. For the next 5 years, Immersion Corporation is expecting Growth of 156.67% per annum, whereas in the past 5 years the growth was -114.93% per annum.

Some buy side analysts are also providing their Analysis on Immersion Corporation, where 1 analysts have rated the stock as Strong buy, 0 analysts have given a Buy signal, 0 said it’s a HOLD, and 0 analysts rated the stock as Sell. (These Recommendations are for the Current Month Only reported by Yahoo Finance.)

When it comes to the Analysis of a Stock, Price Target plays a vital role. Analysts reported that the Price Target for Immersion Corporation might touch $14 high while the Average Price Target and Low price Target is $12 and $9 respectively.

Immersion Corporation closed its last trading session at $7.55 with the gain of 0.66%. The Market Capitalization of the company stands at 239.48 Million. The Company has 52-week high of $16.45 and 52-week low of $7.02. The stock’s current distance from 20-Day Simple Moving Average (SMA20) is 0.84% where SMA50 and SMA200 are -8.24% and -15.98% respectively. The Company Touched its 52-Week High on 07/10/18 and 52-Week Low on 06/07/19.

The Relative Volume of the company is 0.36 and Average Volume (3 months) is 413.53 million. The company’s P/E (price to earnings) ratio is 0 and Forward P/E ratio of 34.55.

The company shows its Return on Assets (ROA) value of -17.9%. The Return on Equity (ROE) value stands at -27%. While it’s Return on Investment (ROI) value is 52.9%.

While looking at the Stock’s Performance, Immersion Corporation currently shows a Weekly Performance of 2.01%, where Monthly Performance is -0.91%, Quarterly performance is -11.94%, 6 Months performance is -15.18% and yearly performance percentage is -50.75%. Year to Date performance value (YTD perf) value is -15.18%. The Stock currently has a Weekly Volatility of 2.44% and Monthly Volatility of 3.25%.

SHARE