2. As of noon trading, Michael Kors Holdings ( KORS) is down $0.84 (-1.5%) to $54.66 on light volume Thus far, 1.7 million shares of Michael Kors Holdings exchanged hands as compared to its average daily volume of 5.7 million shares. The stock has ranged in price between $54.64-$56.35 after having opened the day at $55.89 as compared to the previous trading day's close of $55.50. Michael Kors Holdings Limited engages in the design, marketing, distribution, and retail of branded women's apparel and accessories, and men's apparel. The company sells its products primarily under the names of Michael Kors, MICHAEL KORS, MICHAEL MICHAEL KORS, and KORS MICHAEL KORS. Michael Kors Holdings has a market cap of $11.4 billion and is part of the retail industry. The company has a P/E ratio of 35.3, above the S&P 500 P/E ratio of 17.7. Shares are up 8.8% year to date as of the close of trading on Monday. Currently there are 9 analysts that rate Michael Kors Holdings a buy, no analysts rate it a sell, and 1 rates it a hold. TheStreet Ratings rates Michael Kors Holdings as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, notable return on equity and robust revenue growth. However, as a counter to these strengths, we find that the stock itself is trading at a premium valuation. Get the full Michael Kors Holdings Ratings Report now. Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100%. See his top picks for 14-days FREE.