The Insider Dale Brinkman Sold 6874 shares of Worthington Industries, Inc. (WOR); Michaels Stores (MIK) Sentiment Is 1.36

The Michaels Companies, Inc. owns and operates arts and crafts specialty retail stores in North America. The company has market cap of $4.92 billion. It operates Michaels stores that offer approximately 33,000 stock-keeping units in crafts, home decor and seasonal, framing, and paper crafting; and Aaron Brothers stores, which offer approximately 5,900 SKUs, including photo frames, a line of ready-made frames, art prints, framed art, art supplies, and custom framing. It has a 13.61 P/E ratio. The firm also operates Pat CatanÂ’s stores that provide approximately 53,000 SKUs, including an assortment of kids craft items, fine art supplies, yarn, floral supplies, scrapbooking materials, home decor, bakeware, and wedding related merchandise.

VP-Admin & Secretary, Dale Brinkman is the Worthington Industries Inc’s insider which sold shares of Worthington Industries Inc, 6,874 to be exact. The reported shares were estimated based on $48.3, with Dale Brinkman’s transaction having a total value of $332,180 US Dollars. The probability of this trade staying disregarded is quite small as it’s new, with Dale Brinkman now having rights to 33,446 shares — that is 0.05% of the company’s total market cap.

Ratings analysis reveals 50% of Michaels Stores’s analysts are positive. Out of 8 Wall Street analysts rating Michaels Stores, 4 give it “Buy”, 0 “Sell” rating, while 4 recommend “Hold”. The lowest target is $26.0 while the high is $27.0. The stock’s average target of $26.33 is -3.06% below today’s ($27.16) share price. MIK was included in 8 notes of analysts from December 4, 2015. The stock of The Michaels Companies, Inc. (NASDAQ:MIK) earned “Market Perform” rating by Telsey Advisory on Wednesday, December 7. Deutsche Bank maintained the shares of MIK in report on Friday, December 4 with “Buy” rating. Credit Suisse upgraded the stock to “Outperform” rating in Tuesday, September 6 report. The firm earned “Mkt Perform” rating on Wednesday, December 7 by Raymond James. Telsey Advisory Group maintained it with “Market Perform” rating and $26.0 target in Friday, December 4 report. The stock of The Michaels Companies, Inc. (NASDAQ:MIK) earned “Neutral” rating by Bank of America on Friday, November 4. Morgan Stanley upgraded the shares of MIK in report on Tuesday, January 17 to “Overweight” rating. The firm has “Buy” rating given on Thursday, January 21 by Goldman Sachs.

Analysts await The Michaels Companies, Inc. (NASDAQ:MIK) to report earnings on March, 6. They expect $1.18 EPS, up 22.92% or $0.22 from last year’s $0.96 per share. MIK’s profit will be $213.89M for 5.75 P/E if the $1.18 EPS becomes a reality. After $0.44 actual EPS reported by The Michaels Companies, Inc. for the previous quarter, Wall Street now forecasts 168.18% EPS growth.

Bain Capital Investors Llc holds 21.95% of its portfolio in The Michaels Companies, Inc. for 52.80 million shares. Reinhart Partners Inc. owns 1.48 million shares or 3.35% of their US portfolio. Moreover, Pennant Capital Management Llc has 3.34% invested in the company for 2.53 million shares. The California-based Kestrel Investment Management Corp has invested 3.23% in the stock. Highfields Capital Management Lp, a Massachusetts-based fund reported 16.29 million shares.

The stock increased 2.88% or $0.76 during the last trading session, reaching $27.16. About 3.16M shares traded or 44.69% up from the average. The Michaels Companies, Inc. (MIK) has declined 29.62% since January 25, 2017 and is downtrending. It has underperformed by 46.32% the S&P500.

Since October 19, 2017, it had 0 insider buys, and 1 insider sale for $337,200 activity. 7,500 shares were sold by LAMPRINAKOS JOHN G, worth $337,200.

Worthington Industries, Inc., a metals manufacturing company, focuses on value-added steel processing and manufactured metal products in the United States, Austria, Canada, Mexico, Poland, Portugal, and Turkey. The company has market cap of $3.08 billion. The firm operates through three divisions: Steel Processing, Pressure Cylinders, and Engineered Cabs. It has a 17.84 P/E ratio. The Steel Processing segment processes flat-rolled steel for clients primarily in the automotive, aerospace, agricultural, appliance, construction, container, hardware, HVAC, lawn and garden, leisure and recreation, and office furniture and equipment markets.

Among 3 analysts covering Worthington Industries (NYSE:WOR), 0 have Buy rating, 0 Sell and 3 Hold. Therefore 0 are positive. Worthington Industries has $4700 highest and $30 lowest target. $41.50’s average target is -15.18% below currents $48.93 stock price. Worthington Industries had 13 analyst reports since August 27, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Wednesday, June 14 by Jefferies. As per Tuesday, November 29, the company rating was downgraded by Macquarie Research. The rating was maintained by JP Morgan with “Neutral” on Thursday, March 24. The stock of Worthington Industries, Inc. (NYSE:WOR) has “Hold” rating given on Wednesday, October 11 by Jefferies. The stock of Worthington Industries, Inc. (NYSE:WOR) earned “Neutral” rating by Macquarie Research on Tuesday, March 14. As per Thursday, August 27, the company rating was downgraded by Zacks. The firm earned “Hold” rating on Tuesday, April 4 by Jefferies. The firm has “Hold” rating by Jefferies given on Thursday, June 29. The firm has “Sell” rating given on Thursday, March 30 by Jefferies. As per Thursday, September 29, the company rating was maintained by Jefferies.

The stock increased 1.14% or $0.55 during the last trading session, reaching $48.93. About 361,510 shares traded. Worthington Industries, Inc. (NYSE:WOR) has risen 17.54% since January 25, 2017 and is uptrending. It has outperformed by 0.84% the S&P500.

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