Oil Prices Surge Due to Israel-Iran Conflict
Time is not on our side. Heightened tension in the Middle East has created a huge supply shock to the global oil industry. But I've found a new way to invest in oil right here in the US. It's not a stock, bond, or private company. It's securely located right in the heartland. And you can get in for under $15.
About The Michaels Companies, Inc
The Michaels Companies, Inc. owns and operates arts and crafts specialty retail stores for hobbyist and do-it-yourself home decorators in the United States and Canada. It operates Michaels stores that offer approximately 45,000 basic and seasonal stock-keeping units in arts, crafts, framing, floral, and home décor and seasonal merchandise. The company also provides private brands, including Recollections, Studio Decor, Bead Landing, Creatology, Ashland, Celebrate It, ArtMinds, Artist's Loft, Craft Smart, Loops & Threads, Simply Tidy, Make Market, Foamies, LockerLookz, Imagin8, and other sub-brands. In addition, it owns and operates Artistree, which supplies precut mats and custom framing merchandise. As of January 30, 2021, the company operated approximately 1,252 Michaels retail stores in 49 states and Canada. It also serves customers through Michaels.com, Canada.Michaels.com, and michaelscustomframing.com websites, as well as through its Michaels app. The company was incorporated in 1983 and is headquartered in Irving, Texas.
General
Name | The Michaels Companies, Inc |
Ticker | MIK |
Exchange | NASDAQ |
Sector | Consumer Cyclical |
Industry | Specialty Retail |
Currency | USD |
Country | USA |
Fiscal Year End | February |
Full Time Employees | 11,000 |
Highlights
Analyst Target | 17.52 |
Market Cap | 3,107,246,080 |
PEG Ratio | 0.74 |
EBITDA | 726,464,000 |
Share Stats
Shares Outstanding | 141,656,992 |
Shares Float | 87,770,199 |
Shares Short | 13,227,630 |
Insider Holdings | 58% |
Institution Holdings | 121.94% |
Highlights
Analyst Target | 17.52 |
Market Cap | 3,107,246,080 |
PEG Ratio | 0.74 |
EBITDA | 726,464,000 |
Valuation
Trailing PE | 11.06 |
Forward PE | 9.06 |
Price/Sales (Trailing 12 Mt.) | 0.62 |
Earnings
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