Kate Spade & Company Company Profile (NYSE:KATE)

About Kate Spade & Company

Kate Spade & Company logoKate Spade & Company is engaged in the design and marketing of a range of accessories and apparel. The Company operates through three segments, which include KATE SPADE North America, KATE SPADE International and Adelington Design Group. 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 (principally in Japan, Asia (excluding Japan), Europe and Latin America). The Adelington Design Group segment consists of exclusive arrangements to supply jewelry for the LIZ CLAIBORNE and MONET brands, and the licensed LIZWEAR and LIZ CLAIBORNE NEW YORK brands. It operates retail stores under the kate spade new york trademark, consisting of retail stores within the United States and outside the United States (primarily in Japan, Europe and Canada). It also operates outlet and concession stores.

Industry, Sector and Symbol:
  • Sector: Retail/Wholesale
  • Industry: Textile - Apparel Clothing
  • Sub-Industry: Apparel Accessories & Luxury Goods
  • Exchange: NYSE
  • Symbol: KATE
  • CUSIP: 31664510
Key Metrics:
  • Previous Close: $23.27
  • 50 Day Moving Average: $19.26
  • 200 Day Moving Average: $17.74
  • 52-Week Range: $14.02 - $26.46
  • Trailing P/E Ratio: 19.62
  • Foreward P/E Ratio: 21.75
  • P/E Growth: 0.99
  • Market Cap: $2.98B
  • Outstanding Shares: 128,139,000
  • Beta: 1.62
Profitability:
  • 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%
Additional Links:
Companies Related to Kate Spade & Company:

Analyst Ratings

Consensus Ratings for Kate Spade & Company (NYSE:KATE) (?)
Ratings Breakdown: 1 Sell Rating, 8 Hold Ratings, 9 Buy Ratings
Consensus Rating:Hold (Score: 2.44)
Consensus Price Target: $23.97 (2.99% upside)

Analysts' Ratings History for Kate Spade & Company (NYSE:KATE)
Show:
DateFirmActionRatingPrice TargetDetails
2/16/2017Oppenheimer Holdings, Inc.Reiterated RatingHoldView Rating Details
2/17/2017William BlairReiterated RatingBuyView Rating Details
2/17/2017CLSADowngradeOutperform -> UnderperformView Rating Details
2/17/2017Goldman Sachs Group, Inc. (The)Boost Price TargetNeutral$15.00 -> $20.00View Rating Details
2/17/2017MizuhoBoost Price TargetBuy$21.00 -> $25.00View Rating Details
2/16/2017Wells Fargo & CoReiterated RatingOutperform$23.50 -> $24.50View Rating Details
2/16/2017Cowen and CompanyReiterated RatingMarket Perform$20.00 -> $23.00View Rating Details
2/16/2017WunderlichReiterated RatingBuy$24.00View Rating Details
1/25/2017Telsey Advisory GroupDowngradeOutperform -> Market Perform$23.00 -> $21.00View Rating Details
1/19/2017Bank of America CorpDowngradeBuy -> Neutral$18.28 -> $20.00View Rating Details
12/30/2016SunTrust Banks, Inc.Boost Price TargetNeutral -> Neutral$15.00 -> $18.00View Rating Details
11/23/2016Wolfe ResearchDowngradeOutperform -> Peer PerformView Rating Details
11/4/2016BMO Capital MarketsReiterated RatingHoldView Rating Details
8/4/2016Citigroup Inc.Lower Price TargetBuy$33.00 -> $23.00View Rating Details
8/4/2016WedbushLower Price TargetOutperform$30.00 -> $22.00View Rating Details
5/12/2016Buckingham ResearchReiterated RatingBuy$31.00View Rating Details
5/5/2016StephensDowngradeOverweight -> Equal WeightView Rating Details
4/8/2016KeyCorpBoost Price Target$27.00View Rating Details
3/3/2016Barclays PLCBoost Price TargetOverweight$23.00 -> $28.00View Rating Details
3/2/2016NomuraBoost Price TargetBuy$23.00 -> $26.00View Rating Details
11/2/2015Monness Crespi & HardtDowngradeBuy -> NeutralView Rating Details
7/14/2015OTR GlobalDowngradePositiveView Rating Details
7/9/2015Cleveland ResearchInitiated CoverageBuyView Rating Details
6/24/2015Sterne Agee CRTReiterated RatingBuy$37.00View Rating Details
5/27/2015BB&T Co.Initiated CoverageBuyView Rating Details
5/27/2015Banco Bilbao Vizcaya Argentaria S.A.Initiated CoverageBuy$35.00View Rating Details
(Data available from 2/25/2015 forward)

Earnings

Earnings History for Kate Spade & Company (NYSE:KATE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/2/2017        
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$0.19$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: $0.87 EPS
Next Year EPS Consensus Estimate: $1.07 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162$0.05$0.10$0.08
Q2 20162$0.14$0.18$0.16
Q3 20162$0.12$0.14$0.13
Q4 20162$0.43$0.52$0.48
(Data provided by Zacks Investment Research)

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 History for Kate Spade & Company (NYSE:KATE)
Insider Ownership Percentage: 0.82%
Institutional Ownership Percentage: 98.36%
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

Latest Headlines for Kate Spade & Company (NYSE:KATE)
DateHeadline
News IconChecking Out the Technicals for Kate Spade & Company (KATE) - The USA Commerce (NYSE:KATE)
theusacommerce.com - February 25 at 8:33 AM
News IconIs It Time to go for Kate Spade & Company (KATE), Calpine Corporation (CPN)? - StockNewsJournal (NYSE:KATE)
www.stocknewsjournal.com - February 25 at 8:33 AM
nasdaq.com logoMichael Kors, Coach in second round of Kate Spade auction -sources - Nasdaq (NYSE:KATE)
www.nasdaq.com - February 25 at 8:33 AM
reuters.com logoMichael Kors, Coach in second round of Kate Spade auction: sources (NYSE:KATE)
www.reuters.com - February 24 at 7:22 PM
finance.yahoo.com logoMichael Kors, Coach in second round of Kate Spade auction - sources (NYSE:KATE)
in.finance.yahoo.com - February 24 at 7:22 PM
News IconForward Earnings Estimate of Kate Spade & Company(KATE) - Highland Mirror (NYSE:KATE)
www.highlandmirror.com - February 24 at 10:02 AM
News IconKate Spade & Company (KATE): From Top to Bottom - StockNewsJournal (NYSE:KATE)
stocknewsjournal.com - February 24 at 10:02 AM
nasdaq.com logoEarnings Reaction History: Kate Spade & Company, 33.3% Follow-Through Indicator, 7.5% Sensitive - Nasdaq (NYSE:KATE)
www.nasdaq.com - February 24 at 10:02 AM
finance.yahoo.com logoKate Spade (KATE) Shares March Higher, Can It Continue? (NYSE:KATE)
finance.yahoo.com - February 24 at 10:02 AM
biz.yahoo.com logoKATE SPADE & CO Files SEC form 10-K, Annual Report (NYSE:KATE)
biz.yahoo.com - February 23 at 6:07 PM
marketrealist.com logoKey Drivers of VF Corporation’s Top Line in Fiscal 4Q16 (NYSE:KATE)
marketrealist.com - February 23 at 6:07 PM
News IconThe Kate Spade & Company (KATE) Short Interest Up 99.8% in January (NYSE:KATE)
latribunadecanarias.com - February 22 at 6:18 PM
capitalcube.com logoKate Spade & Co. :KATE-US: Earnings Analysis: 2016 By the Numbers : February 22, 2017 (NYSE:KATE)
www.capitalcube.com - February 22 at 6:18 PM
News IconEarnings Reaction History of Kate Spade & Company (NYSE:KATE) (NYSE:KATE)
www.graffiotech.com - February 22 at 12:27 PM
News IconKate Spade & Company (NYSE:KATE) has Current Market Capitalizaion of $3.03 Billion (NYSE:KATE)
ekosvoice.com - February 22 at 12:27 PM
News IconKate Spade & Company (KATE) Rating Reiterated by Oppenheimer Holdings, Inc (NYSE:KATE)
oakridgeobserver.com - February 22 at 12:27 PM
us.rd.yahoo.com logoKate Spade Up for Grabs, Shares Up on Sale Talk (NYSE:KATE)
us.rd.yahoo.com - February 22 at 12:27 PM
News IconThe Must-Know Technicals As They Stand For Kate Spade & Company (KATE) - NY Stock News (NYSE:KATE)
nystocknews.com - February 20 at 10:26 AM
News IconBuyers queue up for Kate Spade as Irish sales grow - Irish Independent (NYSE:KATE)
www.independent.ie - February 19 at 10:12 AM
News IconBuy, Sell or Hold? Analysts Approach: Kate Spade & Company (KATE), Rite Aid Corporation (RAD)? - The USA Commerce (NYSE:KATE)
theusacommerce.com - February 19 at 10:12 AM
News IconCoverage: Kate Spade puts itself up for sale (NYSE:KATE)
talkingbiznews.com - February 18 at 12:08 PM
us.rd.yahoo.com logoKate Spade downgraded by CLSA (NYSE:KATE)
us.rd.yahoo.com - February 18 at 12:08 PM
capitalcube.com logoKate Spade & Co.: Leads amongst peers with strong fundamentals (NYSE:KATE)
us.rd.yahoo.com - February 18 at 12:08 PM
seekingalpha.com logoKate Spade & Company's (KATE) CEO Craig Leavitt on Q4 2016 Results - Earnings Call Transcript (NYSE:KATE)
seekingalpha.com - February 17 at 4:19 PM
marketexclusive.com logoAnalyst Downgrades – Kate Spade & Company (NYSE:KATE) Stock Gets Downgraded By CLSA from Outperform to Underperform (NYSE:KATE)
marketexclusive.com - February 17 at 4:19 PM
bizjournals.com logoKate Spade stock continues rise on heels of buyout talk (NYSE:KATE)
us.rd.yahoo.com - February 17 at 4:19 PM
capitalcube.com logoKate Spade & Co. :KATE-US: Earnings Analysis: Q4, 2016 By the Numbers : February 17, 2017 (NYSE:KATE)
us.rd.yahoo.com - February 17 at 4:19 PM
us.rd.yahoo.com logoKate Spade: Strong, Mismanaged…and Ready For a Takeover?!?! (NYSE:KATE)
us.rd.yahoo.com - February 17 at 4:19 PM
us.rd.yahoo.com logoKate Spade Beats Earnings, Confirms Strategic Review (NYSE:KATE)
us.rd.yahoo.com - February 17 at 4:19 PM
us.rd.yahoo.com logoAnalysts Cheer Arista Earnings, Workday Breaks Out 'Strongest Momentum,' Charter Cut (NYSE:KATE)
us.rd.yahoo.com - February 17 at 4:19 PM
marketrealist.com logoKATE Stock Jumps 15% as It Confirms Strategic Alternatives (NYSE:KATE)
marketrealist.com - February 17 at 4:19 PM
nasdaq.com logoBUZZ-U.S. STOCKS ON THE MOVE-Kate Spade, Cisco, Molina ... - Nasdaq (NYSE:KATE)
www.nasdaq.com - February 17 at 8:33 AM
News IconMolina Healthcare and Avis skid while Kate Spade leaps - Chron.com (NYSE:KATE)
www.chron.com - February 17 at 8:33 AM
fool.com logoWhy Kate Spade & Co. Stock Jumped Today - Motley Fool (NYSE:KATE)
www.fool.com - February 17 at 8:33 AM
barrons.com logo[$$] Goldman Buys MLPs, Sells Whole Foods, Sallie Mae (NYSE:KATE)
www.barrons.com - February 17 at 8:33 AM
msn.com logoUPDATE 3-Kate Spade to explore strategic options amid investor pressure (NYSE:KATE)
www.msn.com - February 16 at 10:47 PM
fortune.com logoKate Spade Is Officially Up For Sale (NYSE:KATE)
fortune.com - February 16 at 10:47 PM
News IconKate Spade Signals Sale Possibility, Issues Positive Q4 Results (NYSE:KATE)
sourcingjournalonline.com - February 16 at 10:47 PM
investorplace.com logoKate Spade & Co (KATE) Confirms Takeover Rumors (NYSE:KATE)
investorplace.com - February 16 at 10:47 PM
forbes.com logoKate Spade Acknowledges That It's Looking Into Its Options (NYSE:KATE)
www.forbes.com - February 16 at 10:47 PM
News IconKate Spade is exploring ways to sell itself — and the stock is soaring (KATE) (NYSE:KATE)
markets.businessinsider.com - February 16 at 10:47 PM
reuters.com logoBRIEF-Kate Spade & Company says reviewing strategic alternatives (NYSE:KATE)
www.reuters.com - February 16 at 10:47 PM
us.rd.yahoo.com logoEdited Transcript of KATE earnings conference call or presentation 16-Feb-17 1:30pm GMT (NYSE:KATE)
us.rd.yahoo.com - February 16 at 10:47 PM
News IconKate Spade Announced Fourth Quarter and Review of Strategic Alternatives (NYSE:KATE)
www.financialbuzz.com - February 16 at 5:45 PM
streetinsider.com logoKate Spade (KATE) Says It's Reviewing Strategic Alternatives (NYSE:KATE)
www.streetinsider.com - February 16 at 5:45 PM
News IconKate Spade Confirms Sales Rumors & Investors Give Thumbs Up (NYSE:KATE)
www.yahoo.com - February 16 at 5:45 PM
finance.yahoo.com logoKate Spade & Company Reports Fourth Quarter And Full Year 2016 Results And Is Reviewing Strategic Alternatives (NYSE:KATE)
finance.yahoo.com - February 16 at 5:45 PM
reuters.com logoKate Spade to explore strategic options (NYSE:KATE)
www.reuters.com - February 16 at 5:45 PM
us.rd.yahoo.com logoKate Spade: On Sale at a Premium Price (NYSE:KATE)
us.rd.yahoo.com - February 16 at 5:45 PM
us.rd.yahoo.com logoKate Spade Spikes 11% on Earnings Beat, Confirms Takeover Talk (NYSE:KATE)
us.rd.yahoo.com - February 16 at 5:45 PM

Social

What is Kate Spade & Company's stock symbol?

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

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

18 brokers have issued 12-month price objectives for Kate Spade & Company's stock. Their predictions range from $18.00 to $31.00. On average, they anticipate Kate Spade & Company's share price to reach $23.97 in the next twelve months.

When will Kate Spade & Company announce their earnings?

Kate Spade & Company is scheduled to release their next quarterly earnings announcement on Tuesday, May, 2nd 2017.

What are analysts saying about Kate Spade & Company stock?

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

  • 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. " (2/17/2017)

  • 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 owns Kate Spade & Company stock?

Kate Spade & Company's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include FMR LLC (6.51%), State Street Corp (2.49%), Dimensional Fund Advisors LP (1.64%), AQR Capital Management LLC (1.55%), Marshall Wace LLP (0.96%) and Hodges Capital Management Inc. (0.90%). Company insiders that own Kate Spade & Company stock include Deborah J Lloyd and Doreen A Toben.

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 FMR LLC, Marshall Wace LLP, Renaissance Technologies LLC, GLG Partners LP, Armistice Capital LLC, Janus Capital Management LLC, State Street Corp and Menta Capital LLC.

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 Hodges Capital Management Inc., Fred Alger Management Inc., Franklin Resources Inc., Guggenheim Capital LLC, Bain Capital Public Equity Management LLC, AQR Capital Management LLC, Impala Asset Management LLC and Highland Capital Management LP.

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.

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

One share of Kate Spade & Company stock can currently be purchased for approximately $23.27.

Kate Spade & Company (NYSE:KATE) Chart for Saturday, February, 25, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Kate Spade & Company (NYSE:KATE)

Earnings History Chart

Earnings by Quarter for Kate Spade & Company (NYSE:KATE)

Dividend History Chart

Dividend Payments by Quarter for Kate Spade & Company (NYSE:KATE)

Last Updated on 2/25/2017 by MarketBeat.com Staff