Michael Kors Holdings Ltd (KORS): Today's Featured Specialty Retail Laggard

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Michael Kors Holdings ( KORS) pushed the Specialty Retail industry lower today making it today's featured Specialty Retail laggard. The industry as a whole closed the day down 0.1%. By the end of trading, Michael Kors Holdings fell $1.08 (-1.3%) to $79.68 on light volume. Throughout the day, 2,740,718 shares of Michael Kors Holdings exchanged hands as compared to its average daily volume of 4,245,300 shares. The stock ranged in price between $78.59-$81.34 after having opened the day at $80.81 as compared to the previous trading day's close of $80.76. Other companies within the Specialty Retail industry that declined today were: China Auto Logistics ( CALI), down 12.6%, Barnes & Noble ( BKS), down 12.0%, Five Below ( FIVE), down 5.2% and Odyssey Marine Exploration ( OMEX), down 4.8%.

Michael Kors Holdings Limited engages in the design, marketing, distribution, and retailing of branded women's apparel and accessories, and men's apparel. The company operates in three segments: Retail, Wholesale, and Licensing. Michael Kors Holdings has a market cap of $16.5 billion and is part of the services sector. The company has a P/E ratio of 32.8, above the S&P 500 P/E ratio of 17.7. Shares are up 58.3% year to date as of the close of trading on Thursday. Currently there are 10 analysts that rate Michael Kors Holdings a buy, 1 analyst rates it a sell, and 3 rate 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 robust revenue growth, largely solid financial position with reasonable debt levels by most measures and notable return on equity. However, as a counter to these strengths, we also find weaknesses including premium valuation and weak operating cash flow.

On the positive front, DGSE Companies ( DGSE), up 3.9%, Big 5 Sporting Goods Corporation ( BGFV), up 2.9%, HSN ( HSNI), up 2.7% and CSS Industries ( CSS), up 2.5% , were all gainers within the specialty retail industry with Copart ( CPRT) being today's featured specialty retail industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the specialty retail industry could consider SPDR S&P Retail ETF ( XRT) while those bearish on the specialty retail industry could consider ProShares Ultra Sht Consumer Goods ( SZK).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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