Kohl's (NYSE:KSS) was upgraded by research analysts at Royal Bank of Canada from an “underperform” rating to a “sector perform” rating in a research report issued on Friday, MarketBeat Ratings reports. The firm currently has a $60.00 target price on the stock. Royal Bank of Canada’s target price indicates a potential downside of 6.06% from the company’s current price.
Other equities research analysts also recently issued reports about the company. Gordon Haskett upgraded Kohl's from a “hold” rating to an “accumulate” rating in a report on Thursday, November 9th. Zacks Investment Research upgraded Kohl's from a “hold” rating to a “buy” rating and set a $47.00 price objective on the stock in a report on Monday, October 16th. ValuEngine upgraded Kohl's from a “hold” rating to a “buy” rating in a report on Friday, December 1st. Jefferies Group restated a “buy” rating and set a $50.00 price objective on shares of Kohl's in a report on Wednesday, September 27th. Finally, Citigroup lifted their price objective on Kohl's from $44.00 to $51.00 and gave the stock a “buy” rating in a report on Thursday, September 21st. Five research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and eight have given a buy rating to the company. Kohl's presently has an average rating of “Hold” and a consensus price target of $49.90.
Shares of Kohl's (KSS) traded up $2.75 during trading hours on Friday, hitting $63.87. The company had a trading volume of 7,483,290 shares, compared to its average volume of 4,540,000. The stock has a market cap of $10,730.00, a P/E ratio of 16.94, a P/E/G ratio of 2.26 and a beta of 1.24. The company has a current ratio of 1.63, a quick ratio of 0.30 and a debt-to-equity ratio of 0.88. Kohl's has a 1-year low of $35.16 and a 1-year high of $65.06.
Kohl's (NYSE:KSS) last announced its earnings results on Thursday, November 9th. The company reported $0.70 EPS for the quarter, missing the consensus estimate of $0.72 by ($0.02). The company had revenue of $4.33 billion for 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%. The business’s quarterly revenue was up .1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.80 earnings per share. equities research analysts expect that Kohl's will post 4.06 EPS for the current year.
In other news, Director Stephanie A. Streeter sold 4,173 shares of the business’s stock in a transaction that occurred on Friday, December 22nd. The stock was sold at an average price of $53.85, for a total value of $224,716.05. Following the completion of the sale, the director now directly owns 21,960 shares in the company, valued at approximately $1,182,546. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Jonas Prising purchased 4,725 shares of the stock in a transaction dated Wednesday, November 15th. The stock was purchased at an average price of $42.35 per share, with a total value of $200,103.75. Following the completion of the acquisition, the director now directly owns 8,661 shares in the company, valued at approximately $366,793.35. The disclosure for this purchase can be found here. 1.20% of the stock is currently owned by insiders.
Several hedge funds and other institutional investors have recently modified their holdings of KSS. Sentry Investment Management LLC boosted its position in Kohl's by 1.2% during the 2nd quarter. Sentry Investment Management LLC now owns 12,892 shares of the company’s stock valued at $499,000 after purchasing an additional 158 shares during the period. Ropes Wealth Advisors LLC boosted its position in Kohl's by 1.5% during the 2nd quarter. Ropes Wealth Advisors LLC now owns 11,717 shares of the company’s stock valued at $453,000 after purchasing an additional 175 shares during the period. Thrivent Financial For Lutherans boosted its position in Kohl's by 3.7% during the 2nd quarter. Thrivent Financial For Lutherans now owns 6,870 shares of the company’s stock valued at $265,000 after purchasing an additional 245 shares during the period. WFG Advisors LP boosted its position in Kohl's by 3.3% during the 2nd quarter. WFG Advisors LP now owns 9,154 shares of the company’s stock valued at $354,000 after purchasing an additional 296 shares during the period. Finally, Raymond James Financial Services Advisors Inc. boosted its position in Kohl's by 3.1% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 15,667 shares of the company’s stock valued at $606,000 after purchasing an additional 474 shares during the period.
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.