Kohl's (KSS) Upgraded to “Buy” by ValuEngine

Kohl's (NYSE:KSS) was upgraded by equities research analysts at ValuEngine from a “hold” rating to a “buy” rating in a note issued to investors on Friday.

Other equities research analysts also recently issued reports about the stock. Jefferies Group reaffirmed a “buy” rating and set a $50.00 target price on shares of Kohl's in a research note on Wednesday, September 27th. Cowen reissued a “market perform” rating and issued a $47.00 price objective (up from $42.00) on shares of Kohl's in a research report on Thursday, September 21st. Citigroup upped their target price on shares of Kohl's from $44.00 to $51.00 and gave the company a “buy” rating in a report on Thursday, September 21st. Telsey Advisory Group upgraded shares of Kohl's from a “market perform” rating to an “outperform” rating and upped their target price for the company from $43.00 to $50.00 in a report on Monday, October 9th. Finally, Royal Bank Of Canada restated a “sell” rating on shares of Kohl's in a report on Sunday, November 12th. Six investment analysts have rated the stock with a sell rating, nine have issued a hold rating and eight have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $42.74.

Shares of Kohl's (NYSE KSS) opened at $48.05 on Friday. The stock has a market cap of $8,100.27, a P/E ratio of 12.75, a PEG ratio of 1.92 and a beta of 1.24. Kohl's has a 52 week low of $35.16 and a 52 week high of $59.67. The company has a quick ratio of 0.30, a current ratio of 1.63 and a debt-to-equity ratio of 0.88.

Kohl's (NYSE:KSS) last released its quarterly earnings results on Thursday, November 9th. The company reported $0.70 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.72 by ($0.02). The company had revenue of $4.33 billion during the quarter, compared to analysts’ expectations of $4.30 billion. Kohl's had a net margin of 3.47% and a return on equity of 12.72%. Kohl's’s revenue was up .1% on a year-over-year basis. During the same period last year, the firm posted $0.80 earnings per share. sell-side analysts anticipate that Kohl's will post 3.75 earnings per share for the current fiscal year.

In other Kohl's news, Director Jonas Prising purchased 4,725 shares of the firm’s stock in a transaction that occurred on Wednesday, November 15th. The stock was purchased at an average price of $42.35 per share, for a total transaction of $200,103.75. Following the purchase, the director now directly owns 8,661 shares in the company, valued at $366,793.35. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.20% of the stock is owned by corporate insiders.

A number of large investors have recently modified their holdings of the stock. JPMorgan Chase & Co. boosted its stake in Kohl's by 1.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 10,914,565 shares of the company’s stock worth $422,066,000 after purchasing an additional 186,046 shares during the period. Dimensional Fund Advisors LP lifted its stake in shares of Kohl's by 6.9% in the 3rd quarter. Dimensional Fund Advisors LP now owns 5,834,433 shares of the company’s stock worth $266,349,000 after acquiring an additional 377,083 shares during the period. Northern Trust Corp lifted its stake in shares of Kohl's by 34.9% in the 2nd quarter. Northern Trust Corp now owns 5,400,841 shares of the company’s stock worth $208,851,000 after acquiring an additional 1,396,006 shares during the period. Wells Fargo & Company MN lifted its stake in shares of Kohl's by 13.7% in the 3rd quarter. Wells Fargo & Company MN now owns 4,681,324 shares of the company’s stock worth $213,702,000 after acquiring an additional 564,109 shares during the period. Finally, Skandinaviska Enskilda Banken AB publ lifted its stake in shares of Kohl's by 28.1% in the 3rd quarter. Skandinaviska Enskilda Banken AB publ now owns 2,032,578 shares of the company’s stock worth $92,787,000 after acquiring an additional 445,400 shares during the period.

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About Kohl's

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.

To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for Kohl's (NYSE:KSS)

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