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Michaels Cos. Inc.

NAS: MIK

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/marketstate/country/us

Before the Bell

 --Real time quotes

Mar 5, 2021, 8:03 a.m.

MIK
/zigman2/quotes/207984083/composite

$

21.76

Change

-0.07 -0.32%

Volume

Volume 671

Real time quotes

/zigman2/quotes/207984083/composite

Previous close

$ 21.83

$ 21.83

Change

-0.19 -0.86%

Day low

Day high

$21.72

$22.05

Open

52 week low

52 week high

$1.00

$22.30

Open

Company Description

Michaels Cos., Inc. is an arts and crafts specialty retailer, which engages in the provision of materials, project ideas, and education for creative activities. It operates through the following segments: Michaels-U.S., Michaels-Canada, Aaron Brothers, Pat Catan's, and Darice. The company was founde...

Michaels Cos., Inc. is an arts and crafts specialty retailer, which engages in the provision of materials, project ideas, and education for creative activities. It operates through the following segments: Michaels-U.S., Michaels-Canada, Aaron Brothers, Pat Catan's, and Darice. The company was founded by Michael Dupey in 1973 and is headquartered in Irving, TX.

Valuation

P/E Current

12.39

P/E Ratio (with extraordinary items)

14.96

P/E Ratio (without extraordinary items)

2.77

Price to Sales Ratio

0.15

Price to Cash Flow Ratio

0.93

Enterprise Value to EBITDA

2.96

Enterprise Value to Sales

0.92

Total Debt to Enterprise Value

0.93

Efficiency

Revenue/Employee

115,274.00

Income Per Employee

6,188.00

Receivables Turnover

109.42

Total Asset Turnover

1.70

Liquidity

Current Ratio

1.34

Quick Ratio

0.42

Cash Ratio

0.34

Profitability

Gross Margin

36.91

Operating Margin

11.20

Pretax Margin

7.07

Net Margin

5.37

Return on Assets

9.13

Return on Total Capital

28.63

Return on Invested Capital

15.08

Capital Structure

Total Debt to Total Capital

150.09

Total Debt to Total Assets

112.92

Long-Term Debt to Total Capital

138.61

Officers and Executives

Name Age Officer Since Title
Mr. Ashley Buchanan 46 2020 President, CEO-Designate & Director
Mr. Michael F. Diamond - 2020 Chief Financial Officer & Executive Vice President
Mr. Hsiao Wang - 2020 Chief Information Officer & Executive VP
Mr. Dennis A. Mullahy 55 2013 Executive Vice President-Information Technology
Mr. J. Robert Koch 55 2018 Executive Vice President-Stores & Development

Insider Actions

– Purchase – Sale 1 – Number of Transactions
Date Name Shares Transaction Value
01/31/2021 Mark S. Cosby
Director
7,834   Derivative/Non-derivative trans. at $15.5 per share. 121,427
01/31/2021 Mark S. Cosby
Director
9,375   Derivative/Non-derivative trans. at $0 per share. 0
01/31/2021 Mark S. Cosby
Director
5,073   Derivative/Non-derivative trans. at $0 per share. 0
01/06/2021 Ashley Buchanan
Chief Executive Officer; Director
146,659   Derivative/Non-derivative trans. at $14.65 per share. 2,148,554
01/06/2021 Ashley Buchanan
Chief Executive Officer; Director
397,500   Derivative/Non-derivative trans. at $0 per share. 0
11/30/2020 Mark S. Cosby
Director
696   Derivative/Non-derivative trans. at $9.89 per share. 6,883
11/20/2020 James E. Sullivan
SVP - CAO & Controller
526   Derivative/Non-derivative trans. at $8.96 per share. 4,712
11/20/2020 J. Robert Koch
EVP - Stores & Development
1,051   Derivative/Non-derivative trans. at $8.96 per share. 9,416
11/20/2020 James E. Sullivan
SVP - CAO & Controller
2,157   Derivative/Non-derivative trans. at $0 per share. 0
11/20/2020 J. Robert Koch
EVP - Stores & Development
4,315   Derivative/Non-derivative trans. at $0 per share. 0
10/30/2020 Mark S. Cosby
Director
7,494   Derivative/Non-derivative trans. at $8.11 per share. 60,776
10/30/2020 Mark S. Cosby
Director
9,375   Derivative/Non-derivative trans. at $0 per share. 0
10/30/2020 Mark S. Cosby
Director
5,073   Derivative/Non-derivative trans. at $0 per share. 0
10/21/2020 Mark S. Cosby
Director
11,007   Derivative/Non-derivative trans. at $9.44 per share. 103,906
10/21/2020 J. Robert Koch
EVP - Stores & Development
3,044   Derivative/Non-derivative trans. at $9.44 per share. 28,735
10/21/2020 Mark S. Cosby
Director
37,500   Derivative/Non-derivative trans. at $0 per share. 0
10/21/2020 J. Robert Koch
EVP - Stores & Development
12,500   Derivative/Non-derivative trans. at $0 per share. 0
10/01/2020 Blackstone Corporate Private Equity
255,444   Disposition at $10.02 per share. 2,559,548
10/01/2020 Blackstone Corporate Private Equity
336,652   Disposition at $10.02 per share. 3,373,253
10/01/2020 Blackstone Corporate Private Equity
22,953   Disposition at $10.02 per share. 229,989
10/01/2020 Blackstone Corporate Private Equity
108,137   Disposition at $10.02 per share. 1,083,532
10/01/2020 Blackstone Corporate Private Equity
1,726,777   Disposition at $10.02 per share. 17,302,305
10/01/2020 Blackstone Corporate Private Equity
7,550,037   Disposition at $10.02 per share. 75,651,370
10/01/2020 Blackstone Corporate Private Equity
255,444   Disposition at $10.02 per share. 2,559,548
10/01/2020 Blackstone Corporate Private Equity
336,652   Disposition at $10.02 per share. 3,373,253
10/01/2020 Blackstone Corporate Private Equity
22,953   Disposition at $10.02 per share. 229,989
10/01/2020 Blackstone Corporate Private Equity
108,137   Disposition at $10.02 per share. 1,083,532
10/01/2020 Blackstone Corporate Private Equity
1,726,777   Disposition at $10.02 per share. 17,302,305
10/01/2020 Blackstone Corporate Private Equity
7,550,037   Disposition at $10.02 per share. 75,651,370
09/14/2020 James E. Sullivan
SVP - CAO & Controller
376   Derivative/Non-derivative trans. at $10.33 per share. 3,884
09/14/2020 James E. Sullivan
SVP - CAO & Controller
1,542   Derivative/Non-derivative trans. at $0 per share. 0
08/28/2020 Mark S. Cosby
Director
696   Derivative/Non-derivative trans. at $11.13 per share. 7,746
08/03/2020 Mark S. Cosby
Director
2,752   Derivative/Non-derivative trans. at $7.11 per share. 19,566
08/03/2020 Mark S. Cosby
Director
4,743   Derivative/Non-derivative trans. at $7.11 per share. 33,722
/news/latest/company/us/mik

MarketWatch News on MIK

  1. Dollar Tree expanding in fresh food, higher prices, and new store formats

    22 min ago

    - Tonya Garcia

  2. These Stock Picks Were Ugly, Their Returns Not So Much

    20 min ago

    - Barron's Online

  3. Michaels Q4 same-store sales up 12.9%; FactSet consensus up 9.2%

    9:03 a.m. March 4, 2021

    - Tomi Kilgore

  4. Michaels Q4 adj. EPS $1.69 vs. $1.26 a year ago; FactSet consensus $1.47

    9:02 a.m. March 4, 2021

    - Tomi Kilgore

  5. Michaels Q4 net sales $1.92 bln vs. $17.2 bln a year ago; FactSet consensus $1.84 bln

    9:03 a.m. March 4, 2021

    - Tomi Kilgore

  6. Michaels Q4 EPS $1.72 vs. $1.24 a year ago

    9:02 a.m. March 4, 2021

    - Tomi Kilgore

  7. Michaels to be taken private in $3.3 billion deal

    11:39 a.m. March 3, 2021

    - Tonya Garcia

  8. Michaels Will Go Private in a $3.3 Billion Deal

    9:56 a.m. March 3, 2021

    - Barron's Online

  9. Apollo to pay $22/share in cash for each Michaels share, a 22% premium to Tuesday's closing price

    9:18 a.m. March 3, 2021

    - Tomi Kilgore

  10. Michaels buyout deal includes a 25-day 'go-shop' period

    9:19 a.m. March 3, 2021

    - Tomi Kilgore

  11. Michaels Companies to buy bought by Apollo in a deal valued at $3.3 bln

    9:17 a.m. March 3, 2021

    - Tomi Kilgore

  12. Zoom Pops, Beyond Meat Gains as China Warns of Bubbles

    8:58 a.m. March 2, 2021

    - Barron's Online

  13. Michaels Companies downgraded to underweight at Morgan Stanley

    9:38 a.m. Jan. 20, 2021

    - Tomi Kilgore

  14. It’s Time for ‘Return-a-Palooza’ for UPS, FedEx, and USPS

    7:00 a.m. Jan. 19, 2021

    - Barron's Online

  15. 4 Retail Stocks That Could Get the Biggest Stimulus Boost

    8:07 a.m. Dec. 22, 2020

    - Barron's Online

  16. Michaels Companies downgraded to neutral from overweight at J.P. Morgan

    8:55 a.m. Dec. 14, 2020

    - Tomi Kilgore

  17. Michaels Companies upgraded to equal weight at Morgan Stanley

    11:06 a.m. Dec. 4, 2020

    - Tomi Kilgore

  18. Michaels Companies stock price target raised to $17 from $15 at Credit Suisse

    2:04 p.m. Dec. 3, 2020

    - Tomi Kilgore

  19. Loading more headlines...
/news/nonmarketwatch/company/us/mik

Other News on MIK

  1. The Michaels Companies: Sold On The Cheap

    6:33 a.m. Today

    - Seeking Alpha

  2. Michaels (MIK) Beats Q4 Earnings and Revenue Estimates

    10:15 a.m. March 4, 2021

    - Zacks.com

  3. Michaels to Go Private in Apollo Deal

    4:33 p.m. March 3, 2021

    - Allison Prang

  4. FUBO, RKT, TRXC and SOS among midday movers

    1:00 p.m. March 3, 2021

    - Seeking Alpha

  5. Michaels Companies Q4 2021 Earnings Preview

    11:28 a.m. March 3, 2021

    - Seeking Alpha

  6. Michaels Will Go Private in a $3.3 Billion Deal

    9:56 a.m. March 3, 2021

    - Tonya Garcia

  7. Michaels Companies confirms it will be bought by Apollo

    9:33 a.m. March 3, 2021

    - Seeking Alpha

  8. Michaels Cos. gains on NYT report of takeout interest

    3:53 p.m. March 1, 2021

    - Seeking Alpha

  9. Michaels: Solid Revenue Growth Could Continue

    3:58 p.m. Feb. 28, 2021

    - Seeking Alpha

  10. Michaels Stores’ Strategy for Keeping the Covid Bump Alive

    11:00 a.m. Feb. 18, 2021

    - Sarah Nassauer

  11. Michaels (MIK) Gains As Market Dips: What You Should Know

    5:45 p.m. Feb. 10, 2021

    - Zacks.com

  12. Loading more headlines...

At a Glance

Michaels Cos., Inc.

3939 West John Carpenter Freeway

Irving, Texas 75063-2909

Phone

1 9724091300

Industry

Specialty Retail

Sector

Retail/Wholesale

Fiscal Year-end

01/2021

Revenue

$5.07B

Net Income

$272.28M

Employees

44,000

/news/pressrelease/company/us/mik

Press Releases on MIK

  1. Michaels Releases Top “Making” Trends of 2020

    9:00 a.m. Dec. 17, 2020

    - BusinessWire - BZX

  2. Michaels Cos., Inc. to Host Earnings Call

    7:16 a.m. Dec. 3, 2020

    - ACCESSWIRE

  3. The Michaels Companies Announces Third Quarter Fiscal 2020 Results

    7:15 a.m. Dec. 3, 2020

    - BusinessWire - BZX

  4. Loading more headlines...
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