Equities analysts expect that Kohl’s Corporation (NYSE:KSS) will report $4.30 billion in sales for the current quarter, Zacks reports. Four analysts have provided estimates for Kohl’s Corporation’s earnings, with estimates ranging from $4.27 billion to $4.34 billion. Kohl’s Corporation reported sales of $4.33 billion in the same quarter last year, which would suggest a negative year-over-year growth rate of 0.7%. The firm is expected to report its next quarterly earnings results on Thursday, November 9th.

On average, analysts expect that Kohl’s Corporation will report full year sales of $4.30 billion for the current year, with estimates ranging from $18.40 billion to $18.73 billion. For the next fiscal year, analysts expect that the company will post sales of $18.35 billion per share, with estimates ranging from $18.03 billion to $18.80 billion. Zacks’ sales averages are a mean average based on a survey of research firms that cover Kohl’s Corporation.

Kohl’s Corporation (NYSE:KSS) last posted its earnings results on Thursday, August 10th. The company reported $1.24 earnings per share for the quarter, topping the consensus estimate of $1.19 by $0.05. The firm had revenue of $4.14 billion during the quarter, compared to the consensus estimate of $4.12 billion. Kohl’s Corporation had a net margin of 3.63% and a return on equity of 13.16%. The company’s revenue was down .9% on a year-over-year basis. During the same quarter last year, the company earned $1.22 earnings per share.

Several brokerages have recently weighed in on KSS. UBS AG reiterated a “neutral” rating and issued a $38.00 price objective on shares of Kohl’s Corporation in a research note on Monday, August 14th. Credit Suisse Group increased their target price on shares of Kohl’s Corporation from $39.00 to $44.00 and gave the stock an “underperform” rating in a report on Monday, August 14th. ValuEngine lowered shares of Kohl’s Corporation from a “buy” rating to a “hold” rating in a report on Friday, September 1st. BMO Capital Markets set a $43.00 target price on shares of Kohl’s Corporation and gave the stock a “hold” rating in a report on Friday, August 11th. Finally, Robert W. Baird reissued a “neutral” rating and issued a $43.00 target price on shares of Kohl’s Corporation in a report on Thursday, September 7th. Six investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and seven have issued a buy rating to the stock. Kohl’s Corporation currently has an average rating of “Hold” and a consensus target price of $43.20.

Kohl’s Corporation (KSS) opened at 44.16 on Tuesday. Kohl’s Corporation has a 1-year low of $35.16 and a 1-year high of $59.67. The stock has a market cap of $7.44 billion, a P/E ratio of 11.30 and a beta of 1.19. The stock has a 50 day moving average of $44.04 and a 200 day moving average of $40.15.

Hedge funds have recently bought and sold shares of the stock. Ffcm LLC grew its holdings in shares of Kohl’s Corporation by 179.3% in the second quarter. Ffcm LLC now owns 3,033 shares of the company’s stock valued at $120,000 after purchasing an additional 1,947 shares in the last quarter. Johnson Financial Group Inc. grew its holdings in shares of Kohl’s Corporation by 0.3% in the second quarter. Johnson Financial Group Inc. now owns 3,305 shares of the company’s stock valued at $128,000 after purchasing an additional 10 shares in the last quarter. CENTRAL TRUST Co grew its holdings in shares of Kohl’s Corporation by 68.6% in the second quarter. CENTRAL TRUST Co now owns 3,324 shares of the company’s stock valued at $129,000 after purchasing an additional 1,352 shares in the last quarter. Exane Derivatives grew its holdings in shares of Kohl’s Corporation by 209.8% in the second quarter. Exane Derivatives now owns 3,687 shares of the company’s stock valued at $143,000 after purchasing an additional 2,497 shares in the last quarter. Finally, Penserra Capital Management LLC purchased a new position in shares of Kohl’s Corporation in the second quarter valued at $146,000.

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About Kohl’s Corporation

Kohl’s Corporation (Kohl’s) is an operator of department stores. The Company operates approximately 1,154 Kohl’s department stores, a Website (www.Kohls.com), approximately 12 FILA outlets, and approximately three Off-Aisle clearance centers. The Company’s stores and Website sell moderately-priced private label and national brand apparel, footwear, accessories, beauty and home products.

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Earnings History and Estimates for Kohl`s Corporation (NYSE:KSS)

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