Kohl's Co. (KSS) Posts Quarterly Earnings, Misses Expectations By $0.03 EPS
Kohl's Co. (NYSE:KSS) released its earnings data on Thursday. The company reported $0.60 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.63 by $0.03, Stock Ratings News reports. The company had revenue of $4.07 billion for the quarter, compared to the consensus estimate of $4.22 billion.
Kohl's Co. (NYSE:KSS) opened at 54.03 on Thursday. Kohl's Co. has a 1-year low of $48.68 and a 1-year high of $59.00. The stock’s 50-day moving average is $55.32 and its 200-day moving average is $54.64. The company has a market cap of $11.268 billion and a price-to-earnings ratio of 13.80.
A number of research firms have recently commented on KSS. Analysts at Zacks reiterated a “neutral” rating on shares of Kohl's Co. in a research note on Tuesday, March 4th. They now have a $59.00 price target on the stock. On a related note, analysts at MKM Partners raised their price target on shares of Kohl's Co. from $59.00 to $63.00 in a research note on Thursday, February 27th. They now have a “buy” rating on the stock. Finally, analysts at Sterne Agee upgraded shares of Kohl's Co. from a “neutral” rating to a “buy” rating in a research note on Thursday, February 27th. Three investment analysts have rated the stock with a sell rating, five have issued a hold rating and eight have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $58.00.
Kohl’s Corporation (NYSE:KSS) operate family-oriented department stores that sell apparel, footwear and accessories for women, men and children; soft home products, such as sheets and pillows, and housewares.
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