Kohl's Co. (KSS) Posts Quarterly Earnings, Beats Expectations By $0.06 EPS
Kohl's Co. (NYSE:KSS) announced its earnings results on Thursday. The company reported $1.13 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.07 by $0.06, Analyst RN reports. The company had revenue of $4.24 billion for the quarter, compared to the consensus estimate of $4.28 billion.
A number of analysts have recently weighed in on KSS shares. Analysts at Jefferies Group raised their price target on shares of Kohl's Co. from $62.00 to $64.00 in a research note on Tuesday. They now have a “buy” rating on the stock. On a related note, 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. Finally, analysts at TheStreet downgraded shares of Kohl's Co. to a “hold” rating in a research note on Friday, July 11th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $58.70.
Shares of Kohl's Co. (NYSE:KSS) opened at 55.11 on Thursday. 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 $52.98 and its 200-day moving average is $53.67. The company has a market cap of $11.425 billion and a P/E ratio of 13.92. Kohl's Co. also was the recipient of some unusual options trading on Monday. Stock investors acquired 11,774 call options on the stock. This represents an increase of 646% compared to the average daily volume of 1,579 call options.
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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