Trucking Higher Touching a New Recent Peak Are Shares of Michael Kors Holdings Limited (NYSE:KORS)

Michael Kors Holdings Limited (NYSE:KORS) stock has seen a rise as of late. Shares have hit a new 52-week high after reaching $59.66 during recent trading action. Investors will be watching to see if the name can maintain momentum heading into the new year.Since the start of the calendar year, Michael Kors Holdings Limited (NYSE:KORS)’s stock has changed 36.78%. Over the last five trading sessions, the stock has moved 3.85%. For the past month, Michael Kors Holdings Limited’s stock has been 22.66%, 38.49% for the last quarter, 69.82% for the past six months and 27.25% for the past 52 weeks.

Based on current stock levels, Michael Kors Holdings Limited shares are trading 0.08% off of the 50-day high and 30.35% away from the 50-day low.

Earnings Per Share (EPS), the portion of a company’s profit distributed to each outstanding common share, is a useful indicator of a company’s profitability. EPS is typically considered to be the most important variable in determining a share’s price. Michael Kors Holdings Limited (NYSE:KORS)’s EPS growth this year is -26.00% and the trailing 12-month EPS is $3.59. Covering sell-side analysts are estimating company growth for next year to be 2.52%. On a consensus basis, analysts have given a recommendation of 2.70 on company shares.

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