Kohl's Co. (KSS) Given Average Recommendation of “Hold” by Analysts

Kohl's Co. (NYSE:KSS) has earned an average rating of “Hold” from the twenty-seven analysts that are currently covering the company, MarketBeat.com reports. Five equities research analysts have rated the stock with a sell recommendation, twelve have given a hold recommendation and nine have assigned a buy recommendation to the company. The average 12-month price target among brokers that have covered the stock in the last year is $54.95.

Several equities research analysts have recently weighed in on KSS shares. Cowen reissued a “market perform” rating and issued a $47.00 price objective (up from $42.00) on shares of Kohl's in a report on Thursday, September 21st. Citigroup increased their price objective on Kohl's from $44.00 to $51.00 and gave the company a “buy” rating in a report on Thursday, September 21st. Jefferies Group restated a “buy” rating and set a $50.00 price target on shares of Kohl's in a research note on Wednesday, September 27th. ValuEngine upgraded Kohl's from a “hold” rating to a “buy” rating in a research note on Monday, October 2nd. Finally, Telsey Advisory Group upgraded Kohl's from a “market perform” rating to an “outperform” rating and upped their price target for the stock from $43.00 to $50.00 in a research note on Monday, October 9th.

Kohl's (NYSE:KSS) traded up $2.69 during mid-day trading on Friday, hitting $67.54. The stock had a trading volume of 5,559,480 shares, compared to its average volume of 4,310,000. The firm has a market capitalization of $11,350.00, a P/E ratio of 17.92, a P/E/G ratio of 2.38 and a beta of 1.24. Kohl's has a 1-year low of $35.16 and a 1-year high of $67.55. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.63 and a quick ratio of 0.30.

Kohl's (NYSE:KSS) last posted its quarterly earnings data on Thursday, November 9th. The company reported $0.70 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.72 by ($0.02). The firm had revenue of $4.33 billion during the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same period in the previous year, the company posted $0.80 earnings per share. equities research analysts expect that Kohl's will post 4.07 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 20th. Shareholders of record on Wednesday, December 6th were given a $0.55 dividend. This represents a $2.20 annualized dividend and a yield of 3.26%. The ex-dividend date of this dividend was Tuesday, December 5th. Kohl's’s payout ratio is 58.36%.

In other Kohl's news, Director Jonas Prising acquired 4,725 shares of the business’s stock in a transaction 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 completion of the transaction, the director now owns 8,661 shares of the company’s stock, valued at approximately $366,793.35. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Stephanie A. Streeter sold 4,173 shares of the stock in a transaction 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 transaction, the director now owns 21,960 shares of the company’s stock, valued at approximately $1,182,546. The disclosure for this sale can be found here. Corporate insiders own 1.20% of the company’s stock.

A number of large investors have recently added to or reduced their stakes in the business. State of Alaska Department of Revenue raised its position in Kohl's by 61.8% in the fourth quarter. State of Alaska Department of Revenue now owns 23,190 shares of the company’s stock worth $1,256,000 after acquiring an additional 8,860 shares in the last quarter. Contravisory Investment Management Inc. purchased a new position in Kohl's in the fourth quarter worth $325,000. Schwab Charles Investment Management Inc. raised its position in Kohl's by 4.0% in the fourth quarter. Schwab Charles Investment Management Inc. now owns 1,182,400 shares of the company’s stock worth $64,122,000 after acquiring an additional 45,948 shares in the last quarter. Creative Planning raised its position in Kohl's by 37.4% in the fourth quarter. Creative Planning now owns 6,174 shares of the company’s stock worth $335,000 after acquiring an additional 1,681 shares in the last quarter. Finally, Bank of Montreal Can raised its position in Kohl's by 8.9% in the fourth quarter. Bank of Montreal Can now owns 1,545,283 shares of the company’s stock worth $83,801,000 after acquiring an additional 125,801 shares in the last quarter.

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Kohl's Company Profile

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.

Analyst Recommendations for Kohl's (NYSE:KSS)

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