Kate Spade & Company Company Profile (NYSE:KATE)

About Kate Spade & Company (NYSE:KATE)

Kate Spade & Company logoKate Spade & Company is engaged in the design and marketing of a range of accessories and apparel. It operates through three segments. The KATE SPADE North America segment consists of the Company's kate spade new york and JACK SPADE brands in North America. The KATE SPADE International segment consists of the Company's kate spade new york and JACK SPADE brands in international markets, which operates principally in Japan, Asia (excluding Japan), Europe and Latin America). The Adelington Design Group segment primarily consists of exclusive arrangements to supply jewelry for the LIZ CLAIBORNE and MONET brands. In addition, the Adelington Design Group segment serves J.C. Penney Corporation, Inc. (JCPenney) through exclusive supplier agreements for the LIZ CLAIBORNE and MONET jewelry lines. As of December 31, 2016, it operated 98 the United States Specialty Retail Stores; 35 Foreign Specialty Retail Stores; 65 the United States Outlet Stores; 17 Foreign Outlet Stores, and 54 Concessions.

Industry, Sector and Symbol:
  • Sector: Retail/Wholesale
  • Industry: Apparel & Accessories Retailers - NEC
  • Sub-Industry: Apparel Accessories & Luxury Goods
  • Symbol: NYSE:KATE
  • CUSIP: 31664510
  • Web: www.katespadeandcompany.com
Capitalization:
  • Market Cap: $2.37404 billion
  • Outstanding Shares: 128,604,000
Average Prices:
  • 50 Day Moving Avg: $18.26
  • 200 Day Moving Avg: $19.17
  • 52 Week Range: $14.02 - $24.24
P/E:
  • Trailing P/E Ratio: 16.62
  • Foreward P/E Ratio: 20.51
  • P/E Growth: 1.00
Sales & Book Value:
  • Annual Revenue: $1.38 billion
  • Price / Sales: 1.72
  • Book Value: $3.39 per share
  • Price / Book: 5.45
Profitability:
  • EBIDTA: $233.62 million
  • Net Margins: 10.40%
  • Return on Equity: 22.47%
  • Return on Assets: 8.03%
Debt:
  • Debt-to-Equity Ratio: 0.89%
  • Current Ratio: 3.66%
  • Quick Ratio: 2.59%
Misc:
  • Average Volume: 6.12 million shs.
  • Beta: 1.64
  • Short Ratio: 0.49
 

Frequently Asked Questions for Kate Spade & Company (NYSE:KATE)

What is Kate Spade & Company's stock symbol?

Kate Spade & Company trades on the New York Stock Exchange (NYSE) under the ticker symbol "KATE."

How were Kate Spade & Company's earnings last quarter?

Kate Spade & Company (NYSE:KATE) announced its earnings results on Tuesday, April, 18th. The company reported $0.01 EPS for the quarter, missing analysts' consensus estimates of $0.07 by $0.06. The business had revenue of $271 million for the quarter, compared to the consensus estimate of $299.08 million. Kate Spade & Company had a net margin of 10.40% and a return on equity of 22.47%. Kate Spade & Company's revenue was down 1.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.05 EPS. View Kate Spade & Company's Earnings History.

Where is Kate Spade & Company's stock going? Where will Kate Spade & Company's stock price be in 2017?

16 equities research analysts have issued 1 year price objectives for Kate Spade & Company's shares. Their forecasts range from $18.00 to $25.00. On average, they anticipate Kate Spade & Company's share price to reach $20.19 in the next twelve months. View Analyst Ratings for Kate Spade & Company.

What are analysts saying about Kate Spade & Company stock?

Here are some recent quotes from research analysts about Kate Spade & Company stock:

  • 1. According to Zacks Investment Research, "Kate Spade & Company engages in designing and marketing accessories and apparel under three global, multichannel lifestyle brands: Kate spade New York, Kate Spade Saturday and Jack Spade. The company offers apparel, handbags, briefcases, travel bags, small leather goods, tabletop products, legwear, bedding, stationery, jewelry, apparel, footwear, optics, fragrances, electronics cases, fashion accessories, beauty, and home décor products. Kate Spade & Company, formerly known as Fifth & Pacific Companies, Inc., is based in New York. " (6/21/2017)
  • 2. Cowen and Company analysts commented, "We reiterate our prior belief that 80% chance of deal occurring at a ~12-13x EBITDA multiple would imply $23 offer price (we are raising our PT to $23). Solid 4Q beat on comps (incl. ecomm) of +9.3% above Street's +5.6%; meanwhile, gross margin was better vs. feared at 59.2% or -100bps (vs. Street's 57.5%, -270bps) and adj. EBITDA of $118m vs. Street's $104mm. We rate KATE Market Perform." (2/16/2017)

Who are some of Kate Spade & Company's key competitors?

Who are Kate Spade & Company's key executives?

Kate Spade & Company's management team includes the folowing people:

  • George M. Carrara CPA, President, Chief Operating Officer
  • Craig Leavitt, Chief Executive Officer, Director
  • Thomas J. Linko, Chief Financial Officer, Senior Vice President, Principal Accounting Officer
  • Timothy F. Michno, Senior Vice President, General Counsel, Secretary
  • Marissa Andrada, Senior Vice President - Human Resources
  • Linda Yanussi, Senior Vice President - Global Operations and Chief Information Officer
  • Deborah J. Lloyd, Chief Creative Officer, Director
  • Nancy J. Karch, Non-Executive Independent Chairman of the Board
  • Lawrence S. Benjamin, Independent Director
  • Raul J. Fernandez, Independent Director

Who owns Kate Spade & Company stock?

Kate Spade & Company's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (7.80%), BlackRock Inc. (7.73%), Harris Associates L P (5.68%), Wellington Management Group LLP (5.19%), Sachem Head Capital Management LP (4.87%) and FMR LLC (4.33%). View Institutional Ownership Trends for Kate Spade & Company.

Who sold Kate Spade & Company stock? Who is selling Kate Spade & Company stock?

Kate Spade & Company's stock was sold by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Jennison Associates LLC, FMR LLC, AQR Capital Management LLC, Teachers Advisors LLC, Scopus Asset Management L.P., Cypress Funds LLC and TIAA CREF Investment Management LLC. View Insider Buying and Selling for Kate Spade & Company.

Who bought Kate Spade & Company stock? Who is buying Kate Spade & Company stock?

Kate Spade & Company's stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Sachem Head Capital Management LP, OZ Management LP, White Square Capital LLP, Westfield Capital Management Co. LP, Prudential Financial Inc., Bogle Investment Management L P DE and Impala Asset Management LLC. View Insider Buying and Selling for Kate Spade & Company.

How do I buy Kate Spade & Company stock?

Shares of Kate Spade & Company can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Kate Spade & Company's stock price today?

One share of Kate Spade & Company stock can currently be purchased for approximately $18.46.


MarketBeat Community Rating for Kate Spade & Company (NYSE KATE)
Community Ranking:  3.0 out of 5 (  )
Outperform Votes:  392 (Vote Outperform)
Underperform Votes:  255 (Vote Underperform)
Total Votes:  647
MarketBeat's community ratings are surveys of what our community members think about Kate Spade & Company and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Kate Spade & Company (NYSE:KATE) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 13 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.06)
Consensus Price Target: $20.19 (9.38% upside)

Analysts' Ratings History for Kate Spade & Company (NYSE:KATE)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/8/2017William BlairDowngradeOutperform -> Market PerformLowView Rating Details
5/9/2017Buckingham ResearchReiterated RatingBuy -> NeutralLowView Rating Details
5/9/2017NomuraReiterated RatingBuy -> Neutral$18.50LowView Rating Details
5/9/2017Wells Fargo & CompanyDowngradeOutperform -> Market Perform$24.50 -> $19.00LowView Rating Details
5/9/2017InstinetDowngradeBuy -> Neutral$25.00 -> $18.50LowView Rating Details
5/8/2017WunderlichLower Price TargetBuy -> Buy - Hold$24.00 -> $18.50MediumView Rating Details
4/22/2017Citigroup Inc.Reiterated RatingNeutral$24.00 -> $22.00MediumView Rating Details
4/19/2017Cowen and CompanyLower Price TargetMarket Perform$27.00 -> $21.00LowView Rating Details
4/18/2017Oppenheimer Holdings, Inc.Reiterated RatingHoldLowView Rating Details
4/18/2017BMO Capital MarketsSet Price TargetHold$19.00LowView Rating Details
2/17/2017CLSADowngradeOutperform -> UnderperformN/AView Rating Details
2/17/2017Goldman Sachs Group, Inc. (The)Boost Price TargetNeutral$15.00 -> $20.00N/AView Rating Details
2/17/2017MizuhoBoost Price TargetBuy$21.00 -> $25.00N/AView Rating Details
1/25/2017Telsey Advisory GroupDowngradeOutperform -> Market Perform$23.00 -> $21.00N/AView Rating Details
1/19/2017Bank of America CorporationDowngradeBuy -> Neutral$18.28 -> $20.00N/AView Rating Details
12/30/2016SunTrust Banks, Inc.Boost Price TargetNeutral -> Neutral$15.00 -> $18.00N/AView Rating Details
11/23/2016Wolfe ResearchDowngradeOutperform -> Peer PerformN/AView Rating Details
8/4/2016WedbushLower Price TargetOutperform$30.00 -> $22.00N/AView Rating Details
5/5/2016StephensDowngradeOverweight -> Equal WeightN/AView Rating Details
4/8/2016KeyCorpBoost Price Target$27.00N/AView Rating Details
3/3/2016Barclays PLCBoost Price TargetOverweight$23.00 -> $28.00N/AView Rating Details
11/2/2015Monness Crespi & HardtDowngradeBuy -> NeutralN/AView Rating Details
7/14/2015OTR GlobalDowngradePositiveN/AView Rating Details
7/9/2015Cleveland ResearchInitiated CoverageBuyN/AView Rating Details
(Data available from 6/28/2015 forward)

Earnings

Earnings History for Kate Spade & Company (NYSE:KATE)
Earnings by Quarter for Kate Spade & Company (NYSE:KATE)
Earnings History by Quarter for Kate Spade & Company (NYSE KATE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/18/2017Q1 2017$0.07$0.01$299.08 million$271.00 millionViewN/AView Earnings Details
2/16/2017Q416$0.35$0.41$472.80 million$470.00 millionViewListenView Earnings Details
11/2/2016Q316$0.08$0.13$310.64 million$317.00 millionViewListenView Earnings Details
8/3/2016Q216$0.14$0.11$318.55 million$320.00 millionViewListenView Earnings Details
5/4/2016Q116$0.05$0.05$270.97 million$274.00 millionViewListenView Earnings Details
3/1/2016Q415$0.32$0.32$441.64 million$428.00 millionViewListenView Earnings Details
11/5/2015Q315$0.04$0.06$280.02 million$275.00 millionViewListenView Earnings Details
8/5/2015Q215$0.11$0.08$292.38 million$273.00 millionViewListenView Earnings Details
5/7/2015Q1$0.02$0.03$244.90 million$255.00 millionViewListenView Earnings Details
3/3/2015Q414$0.27$0.24$389.44 million$399.00 millionViewListenView Earnings Details
8/12/2014Q214($0.01)$0.05$237.83 million$266.00 millionViewListenView Earnings Details
5/14/2014Q1($0.04)($0.06)$201.28 million$224.00 millionViewListenView Earnings Details
2/25/2014Q413$0.30$0.15$505.76 million$427.00 millionViewListenView Earnings Details
11/7/2013Q313($0.01)($0.03)$431.83 million$431.00 millionViewListenView Earnings Details
8/8/2013Q2 2013($0.10)($0.12)$392.70 million$382.00 millionViewListenView Earnings Details
5/2/2013Q1 2013($0.16)($0.16)$357.32 million$371.80 millionViewListenView Earnings Details
2/21/2013Q4 2012$0.19$0.12$484.03 million$486.53 millionViewListenView Earnings Details
7/26/2012($0.11)($0.09)ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Kate Spade & Company (NYSE:KATE)
Current Year EPS Consensus Estimate: $0.77 EPS
Next Year EPS Consensus Estimate: $0.9 EPS

Dividends

Dividend History for Kate Spade & Company (NYSE:KATE)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Kate Spade & Company (NYSE:KATE)
Insider Ownership Percentage: 1.03%
Institutional Ownership Percentage: 98.55%
Insider Trades by Quarter for Kate Spade & Company (NYSE:KATE)
Institutional Ownership by Quarter for Kate Spade & Company (NYSE:KATE)
Insider Trades by Quarter for Kate Spade & Company (NYSE:KATE)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/20/2016Deborah J LloydInsiderSell29,011$14.63$424,430.93View SEC Filing  
5/11/2015Doreen A TobenDirectorSell594$29.04$17,249.76View SEC Filing  
3/3/2014Raul J FernandezDirectorSell49,000$35.00$1,715,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Kate Spade & Company (NYSE:KATE)
Latest Headlines for Kate Spade & Company (NYSE:KATE)
Source:
DateHeadline
streetinsider.com logoForm SC 13D/A Kate Spade & Co Filed by: Magnetar Financial LLC - StreetInsider.com
www.streetinsider.com - June 27 at 1:00 AM
americanbankingnews.com logoKate Spade & Company (KATE) Expected to Announce Quarterly Sales of $329.06 Million
www.americanbankingnews.com - June 24 at 9:50 AM
reuters.com logoBRIEF-Coach announces extension of tender offer to buy Kate Spade & Co - Reuters
www.reuters.com - June 23 at 6:52 AM
businesswire.com logoCoach, Inc. Announces Extension of Tender Offer to Acquire Kate Spade & Company - Business Wire (press release)
www.businesswire.com - June 23 at 6:52 AM
americanbankingnews.com logo$0.14 EPS Expected for Kate Spade & Company (KATE) This Quarter
www.americanbankingnews.com - June 22 at 9:00 AM
americanbankingnews.com logoKate Spade & Company (KATE) Receives Consensus Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - June 20 at 3:04 PM
seekingalpha.com logoCoach: Multiples Will Continue Expanding
seekingalpha.com - June 18 at 9:07 AM
americanbankingnews.com logoKate Spade & Company (KATE) Upgraded at BidaskClub
www.americanbankingnews.com - June 17 at 5:26 PM
benzinga.com logoCan Coach Become The Next Louis Vuitton?
www.benzinga.com - June 17 at 5:03 AM
benzinga.com logoWill Coach Become The Next Louis Vuitton?
www.benzinga.com - June 16 at 7:01 PM
finance.yahoo.com logoCramer: How CEO Victor Luis is turning Coach into an unstoppable house of brands
finance.yahoo.com - June 16 at 7:01 PM
nasdaq.com logoPre-Market Technical Recap on Textile Stocks -- Hanesbrands, Under Armour, Kate Spade, and Lululemon Athletica
www.nasdaq.com - June 14 at 8:07 PM
prnewswire.com logoPre-Market Technical Recap on Textile Stocks -- Hanesbrands, Under Armour, Kate Spade, and Lululemon Athletica - PR Newswire (press release)
www.prnewswire.com - June 14 at 11:04 AM
finance.yahoo.com logoCoach's Big Play for Millennials
finance.yahoo.com - June 8 at 7:04 PM
finance.yahoo.com logoWendy’s Co (WEN) and Kate Spade & Co (KATE) Lead 16 Activist Investor Filings
finance.yahoo.com - June 7 at 9:51 AM
investorplace.com logoWendy’s Co (WEN) and Kate Spade & Co (KATE) Lead 16 Activist Investor Filings
investorplace.com - June 7 at 9:25 AM
reuters.com logoBRIEF-Gardner Lewis Asset Management LP reports a 5.6 percent stake in Kate Spade & Co - Reuters
www.reuters.com - June 6 at 11:42 PM
reuters.com logoBRIEF-Gardner Lewis Asset Management L.P. reports a 5.6 percent stake in Kate Spade & Co
www.reuters.com - June 6 at 6:41 PM
streetinsider.com logoForm SC 14D9/A Kate Spade & Co Filed by: Kate Spade & Co - StreetInsider.com
www.streetinsider.com - June 3 at 12:32 AM
streetinsider.com logoForm SC 14D9/A Kate Spade & Co Filed by: Kate Spade & Co
www.streetinsider.com - June 2 at 7:32 PM
finance.yahoo.com logoShareholder Alert: Monteverde & Associates PC Announces An Investigation Of Kate Spade & Company - KATE
finance.yahoo.com - June 1 at 6:54 PM
bizjournals.com logoMichael Kors to close up to 125 stores
www.bizjournals.com - May 31 at 6:32 PM
finance.yahoo.com logoSay Goodbye to Discounted Handbags
finance.yahoo.com - May 31 at 6:32 PM
americanbankingnews.com logoZacks: Analysts Anticipate Kate Spade & Co (KATE) Will Post Quarterly Sales of $329.06 Million
www.americanbankingnews.com - May 31 at 3:16 PM
reuters.com logoBRIEF-Coach plans to use borrowings under term loan facilities to fund, in part, purchase price of planned acquisition of Kate Spade
www.reuters.com - May 31 at 8:06 AM
americanbankingnews.com logo Analysts Expect Kate Spade & Co (KATE) to Post $0.14 EPS
www.americanbankingnews.com - May 29 at 8:48 AM
reuters.com logoBRIEF-Coach Inc launches tender offer to acquire Kate Spade & Co for $18.50 per share in cash - Reuters
www.reuters.com - May 27 at 6:27 PM
finance.yahoo.com logoCoach launches tender offer to acquire Kate Spade
finance.yahoo.com - May 26 at 6:53 PM
finance.yahoo.com logoCoach Formally Offers $18.50 a Share for Kate Spade
finance.yahoo.com - May 26 at 6:53 PM
americanbankingnews.com logoKate Spade & Co (KATE) Given Consensus Rating of "Hold" by Analysts
www.americanbankingnews.com - May 26 at 2:53 PM
finance.yahoo.com logoSHAREHOLDER UPDATE: Brodsky & Smith, LLC Announces an Investigation of Kate Spade & Company -KATE
finance.yahoo.com - May 24 at 11:09 PM
finance.yahoo.com logoWhat happens to Tiffany's after it drops 5% in one day
finance.yahoo.com - May 24 at 6:07 PM
finance.yahoo.com logoInvesting Podcast Highlights: Tech Stocks, Trump, REITs, Retail Earnings, and More!
finance.yahoo.com - May 22 at 10:32 AM
reuters.com logoBRIEF-Magnetar Financial reports 5.49 pct stake in Kate Spade & Co, as of May 8, 2017 - Reuters
www.reuters.com - May 19 at 10:51 PM
benzinga.com logoDeutsche Bank: With Kate Spade Acquisition, Coach Is A Triple Threat - Benzinga
www.benzinga.com - May 17 at 9:46 AM
finance.yahoo.com logoDeutsche Bank: New Multibrand Coach Is a Buy
finance.yahoo.com - May 16 at 5:59 PM
finance.yahoo.com logoCoach Stock Raised to 'Buy' at Deutsche on Kate Spade Deal
finance.yahoo.com - May 16 at 10:53 AM
benzinga.com logoCoach Bags Kate Spade: Here's What The Experts Think Of The Deal - Benzinga
www.benzinga.com - May 14 at 5:38 AM
americanbankingnews.com logoKate Spade & Co (KATE) Getting Somewhat Positive Press Coverage, AlphaOne Reports
www.americanbankingnews.com - May 12 at 12:56 AM
americanbankingnews.com logoKate Spade & Co (KATE) Rating Lowered to Market Perform at William Blair
www.americanbankingnews.com - May 11 at 7:36 AM
finance.yahoo.com logoINVESTOR ALERT: Levi & Korsinsky, LLP Announces an Investigation Concerning Whether the Sale of Kate Spade & Company to Coach, Inc. for $18.50 Per Share is Fair to Shareholders - KATE
finance.yahoo.com - May 10 at 6:06 PM
finance.yahoo.com logoNomura: We're Buyers Of Coach As It Buys Kate Spade
finance.yahoo.com - May 10 at 1:06 PM
finance.yahoo.com logoGoldman sees Coach ruling the handbag market after the Kate Spade purchase
finance.yahoo.com - May 10 at 1:06 PM
finance.yahoo.com logoCoach Stock Gets Rating Boost at Goldman Sachs
finance.yahoo.com - May 10 at 1:06 PM
finance.yahoo.com logo[$$] Coach Has Upside in Spades
finance.yahoo.com - May 10 at 1:06 PM
finance.yahoo.com logoCoach Keeps on Running as Goldman Sachs Says Buy
finance.yahoo.com - May 10 at 1:06 PM
americanbankingnews.com logoInvestors Purchase Large Volume of Put Options on Kate Spade & Co (KATE)
www.americanbankingnews.com - May 10 at 7:34 AM
americanbankingnews.com logoKate Spade & Co (KATE) Stock Rating Reaffirmed by Buckingham Research
www.americanbankingnews.com - May 9 at 6:24 PM
News IconBRIEF-Coach to acquire Kate Spade & Co for $18.50 per share in cash
www.businessinsider.com - May 9 at 12:09 PM
finance.yahoo.com logoSHAREHOLDER ALERT: Brodsky & Smith, LLC Announces an Investigation of Kate Spade & Company -KATE
finance.yahoo.com - May 9 at 12:09 PM

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Chart

Kate Spade & Company (KATE) Chart for Wednesday, June, 28, 2017

This page was last updated on 6/28/2017 by MarketBeat.com Staff