Kate Spade & Co Company Profile (NYSE:KATE)

About Kate Spade & Co (NYSE:KATE)

Kate Spade & Co 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: Textile - Apparel Clothing
  • Sub-Industry: Apparel Accessories & Luxury Goods
  • Symbol: NYSE:KATE
  • CUSIP: 31664510
  • Web: www.katespadeandcompany.com
Capitalization:
  • Market Cap: $2.37 billion
  • Outstanding Shares: 128,604,000
Average Prices:
  • 50 Day Moving Avg: $18.23
  • 200 Day Moving Avg: $18.84
  • 52 Week Range: $14.02 - $24.24
P/E:
  • Trailing P/E Ratio: 16.61
  • Foreward P/E Ratio: 20.27
  • P/E Growth: 0.99
Sales & Book Value:
  • Annual Revenue: $1.38 billion
  • Price / Sales: 1.72
  • Book Value: $3.39 per share
  • Price / Book: 5.44
Profitability:
  • EBIDTA: $233.62 million
  • Net Margins: 9.67%
  • Return on Equity: 27.34%
  • Return on Assets: 8.00%
Debt:
  • Debt-to-Equity Ratio: 1.13%
  • Current Ratio: 2.78%
  • Quick Ratio: 1.70%
Misc:
  • Average Volume: 6.15 million shs.
  • Beta: 1.62
  • Short Ratio: 1.87
 

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

What is Kate Spade & Co's stock symbol?

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

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

Kate Spade & Co (NYSE:KATE) announced its quarterly earnings results on Tuesday, April, 18th. The company reported $0.01 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.07 by $0.06. The firm earned $271 million during the quarter, compared to the consensus estimate of $299.08 million. Kate Spade & Co had a net margin of 9.67% and a return on equity of 27.34%. The firm's revenue for the quarter was down 1.1% on a year-over-year basis. During the same period in the previous year, the business earned $0.05 earnings per share. View Kate Spade & Co's Earnings History.

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

16 brokerages have issued 1 year price objectives for Kate Spade & Co's shares. Their forecasts range from $18.00 to $25.00. On average, they expect Kate Spade & Co's share price to reach $20.19 in the next year. View Analyst Ratings for Kate Spade & Co.

What are analysts saying about Kate Spade & Co stock?

Here are some recent quotes from research analysts about Kate Spade & Co 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. " (4/24/2017)
  • 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 & Co's key competitors?

Who owns Kate Spade & Co stock?

Kate Spade & Co's stock is owned by many different of institutional and retail investors. Top institutional investors 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 & Co.

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

Kate Spade & Co'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 & Co.

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

Kate Spade & Co'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 & Co.

How do I buy Kate Spade & Co stock?

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

How much does a share of Kate Spade & Co stock cost?

One share of Kate Spade & Co stock can currently be purchased for approximately $18.45.

Analyst Ratings

Consensus Ratings for Kate Spade & Co (NYSE:KATE) (?)
Ratings Breakdown: 1 Sell Rating, 13 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.06)
Consensus Price Target: $20.19 (9.44% upside)

Analysts' Ratings History for Kate Spade & Co (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 & CoDowngradeOutperform -> 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 IncReiterated 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 IncBoost 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 CorpDowngradeBuy -> 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
6/24/2015Sterne Agee CRTReiterated RatingBuy$37.00N/AView Rating Details
5/27/2015BB&T Co.Initiated CoverageBuyN/AView Rating Details
5/27/2015Banco Bilbao Vizcaya Argentaria S.A.Initiated CoverageBuy$35.00N/AView Rating Details
(Data available from 5/27/2015 forward)

Earnings

Earnings History for Kate Spade & Co (NYSE:KATE)
Earnings by Quarter for Kate Spade & Co (NYSE:KATE)
Earnings History by Quarter for Kate Spade & Co (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 & Co (NYSE:KATE)
Current Year EPS Consensus Estimate: $0.78 EPS
Next Year EPS Consensus Estimate: $0.91 EPS

Dividends

Dividend History for Kate Spade & Co (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 & Co (NYSE:KATE)
Insider Ownership Percentage: 0.82%
Institutional Ownership Percentage: 98.36%
Insider Trades by Quarter for Kate Spade & Co (NYSE:KATE)
Institutional Ownership by Quarter for Kate Spade & Co (NYSE:KATE)
Insider Trades by Quarter for Kate Spade & Co (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 & Co (NYSE:KATE)
Latest Headlines for Kate Spade & Co (NYSE:KATE)
Source:
DateHeadline
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[$$] Coach Has Upside in Spades
finance.yahoo.com - May 10 at 1:06 PM
finance.yahoo.com logoCoach Keeps on Running as Goldman Sachs Says Buy
finance.yahoo.com - May 10 at 1:06 PM
americanbankingnews.com logoInvestors Purchase Large Volume of Put Options on Kate Spade & Co (KATE)
www.americanbankingnews.com - May 10 at 7:34 AM
americanbankingnews.com logoKate Spade & Co (KATE) Stock Rating Reaffirmed by Buckingham Research
www.americanbankingnews.com - May 9 at 6:24 PM
News IconBRIEF-Coach to acquire Kate Spade & Co for $18.50 per share in cash
www.businessinsider.com - May 9 at 12:09 PM
finance.yahoo.com logoSHAREHOLDER ALERT: Brodsky & Smith, LLC Announces an Investigation of Kate Spade & Company -KATE
finance.yahoo.com - May 9 at 12:09 PM
finance.yahoo.com logo[$$] Coach's Turnaround Strategy Could Muddy Kate Spade Benefits
finance.yahoo.com - May 9 at 12:09 PM
finance.yahoo.com logoCoach Could Make Some Serious Money By Acquiring Kate Spade for $2.4 Billion
finance.yahoo.com - May 9 at 12:09 PM
finance.yahoo.com logoBlog Coverage: Coach Ends Speculation and Finally Bags Kate Spade
finance.yahoo.com - May 9 at 12:09 PM
finance.yahoo.com logoCoach: Kate Spade Buy a Good Deal?
finance.yahoo.com - May 9 at 12:09 PM
finance.yahoo.com logoKate Spade And Jimmy Choo: What's A Luxury Brand Worth That 'Ain't Got No Soul'?
finance.yahoo.com - May 9 at 12:09 PM
americanbankingnews.com logoKate Spade & Co (KATE) Stock Rating Reaffirmed by KeyCorp
www.americanbankingnews.com - May 9 at 8:36 AM
americanbankingnews.com logoKate Spade & Co's (KATE) "Neutral" Rating Reaffirmed at Nomura
www.americanbankingnews.com - May 9 at 8:36 AM
americanbankingnews.com logoWells Fargo & Co Downgrades Kate Spade & Co (KATE) to Market Perform
www.americanbankingnews.com - May 9 at 7:56 AM
nytimes.com logoCoach’s $2.4 Billion Kate Spade Deal Aims at Weak Middle of Fashion Market
www.nytimes.com - May 8 at 5:45 PM
finance.yahoo.com logoWhy Kate Spade Won't See A Penny Of The $2.4 Billion Sale To Coach
finance.yahoo.com - May 8 at 5:45 PM
finance.yahoo.com logoHere's how Coach is creating a 'house' of luxury brands, analyst says
finance.yahoo.com - May 8 at 5:45 PM
finance.yahoo.com logoCoach CEO Takes Us Inside His Big Deal to Buy Kate Spade for $2.4 Billion
finance.yahoo.com - May 8 at 5:45 PM
finance.yahoo.com logoCoach, Kate Spade shares jump on news of $2.4 billion merger
finance.yahoo.com - May 8 at 5:44 PM
finance.yahoo.com logoIn the bag: Coach buying Kate Spade for $2.4 billion
finance.yahoo.com - May 8 at 5:44 PM
finance.yahoo.com logoCoach CEO says he doesn't want consumers to know it owns Kate Spade
finance.yahoo.com - May 8 at 5:44 PM
finance.yahoo.com logoWall Street Is Smitten With Monday's Coach, Kate Spade Announcement
finance.yahoo.com - May 8 at 5:44 PM
americanbankingnews.com logoKate Spade & Co (KATE) Earns "Hold" Rating from Wunderlich
www.americanbankingnews.com - May 8 at 12:42 PM
nasdaq.com logoBUZZ-U.S. STOCKS ON THE MOVE-Kate Spade, Straight Path, JD.com - Nasdaq
www.nasdaq.com - May 8 at 9:04 AM
finance.yahoo.com logoWall Street stocks set to retreat as investors look past French election
finance.yahoo.com - May 8 at 9:04 AM
americanbankingnews.com logo Analysts Expect Kate Spade & Co (KATE) Will Post Quarterly Sales of $332.98 Million
www.americanbankingnews.com - May 5 at 1:59 PM
finance.yahoo.com logoUnderstanding Coach’s Stock Jump after Its Latest Earnings Beat
finance.yahoo.com - May 5 at 9:21 AM
finance.yahoo.com logoInside Coach’s Key Sales Drivers in North America in Fiscal 3Q17
finance.yahoo.com - May 4 at 6:16 PM
finance.yahoo.com logoETFs with exposure to Kate Spade & Co. : May 4, 2017
finance.yahoo.com - May 4 at 6:16 PM
finance.yahoo.com logoKate Spade & Co. :KATE-US: Earnings Analysis: Q1, 2017 By the Numbers : May 3, 2017
finance.yahoo.com - May 3 at 9:03 PM
finance.yahoo.com logoCoach’s Fiscal 3Q17 Top-Line Tumbled on These
finance.yahoo.com - May 3 at 9:03 PM
americanbankingnews.com logoKate Spade & Co (KATE) Expected to Announce Earnings of $0.14 Per Share
www.americanbankingnews.com - May 3 at 4:06 PM
americanbankingnews.com logoKate Spade & Co Target of Unusually High Options Trading (KATE)
www.americanbankingnews.com - May 3 at 2:20 PM

Social

Chart

Kate Spade & Co (KATE) Chart for Saturday, May, 27, 2017

This page was last updated on 5/27/2017 by MarketBeat.com Staff