Investors Buy Large Volume of Call Options on Kohl's Co. (KSS)
Shares of Kohl's Co. (NYSE:KSS) were the recipient of unusually large options trading on Monday. Stock investors purchased 11,774 call options on the company, Analyst RN reports. This is an increase of 646% compared to the typical volume of 1,579 call options.
A number of research firms have recently commented on KSS. Analysts at TheStreet upgraded shares of Kohl's Co. to a “buy” rating in a research note on Friday, August 1st. They noted that the move was a valuation call. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and five have issued a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $58.50.
Shares of Kohl's Co. (NYSE:KSS) traded up 0.20% on Monday, hitting $55.83. The stock had a trading volume of 3,170,843 shares. Kohl's Co. has a 1-year low of $48.68 and a 1-year high of $59.00. The stock has a 50-day moving average of $52.75 and a 200-day moving average of $53.56. The company has a market cap of $11.574 billion and a P/E ratio of 13.87.
Kohl's Co. (NYSE:KSS) last posted its quarterly earnings results on Thursday, May 15th. The company reported $0.60 earnings per share for the quarter, missing the analysts’ 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. On average, analysts predict that Kohl's Co. will post $4.26 earnings per share for the current fiscal year.
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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