Kohl's Co. Given Consensus Recommendation of “Hold” by Brokerages (NYSE:KSS)
Kohl's Co. (NYSE:KSS) has been given a consensus recommendation of “Hold” by the seventeen ratings firms that are covering the stock, AmericanBankingNews.com reports. Three investment analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and seven have assigned a buy recommendation to the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $58.07.
Shares of Kohl's Co. (NYSE:KSS) traded up 0.13% on Friday, hitting $52.28. 1,010,789 shares of the company’s stock traded hands. Kohl's Co. has a 52 week low of $48.68 and a 52 week high of $59.00. The stock’s 50-day moving average is $55.24 and its 200-day moving average is $54.63. The company has a market cap of $10.903 billion and a price-to-earnings ratio of 12.89.
Kohl's Co. (NYSE:KSS) last posted its quarterly earnings results on Thursday, May 15th. The company reported $0.60 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.63 by $0.03. The company had revenue of $4.07 billion for the quarter, compared to the consensus estimate of $4.22 billion. Analysts expect that Kohl's Co. will post $4.29 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Wednesday, June 25th. Investors of record on Wednesday, June 11th will be given a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a yield of 2.99%. The ex-dividend date of this dividend is Monday, June 9th.
A number of research firms have recently commented on KSS. Analysts at Sterne Agee cut their price target on shares of Kohl's Co. from $65.00 to $61.00 in a research note on Thursday. Separately, analysts at Deutsche Bank cut their price target on shares of Kohl's Co. from $54.00 to $52.00 in a research note on Thursday. Finally, 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.
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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