Jefferies Group Research Analysts Lift Earnings Estimates for Kohl's Co. (KSS)

Kohl's Co. (NYSE:KSS) – Research analysts at Jefferies Group increased their FY2018 EPS estimates for Kohl's in a report released on Thursday. Jefferies Group analyst R. Konik now expects that the company will post earnings of $4.08 per share for the year, up from their previous estimate of $4.06. Jefferies Group has a “Buy” rating and a $100.00 price objective on the stock. Jefferies Group also issued estimates for Kohl's’ Q1 2020 earnings at $0.88 EPS, Q2 2020 earnings at $2.16 EPS and Q3 2020 earnings at $1.42 EPS.

KSS has been the topic of several other reports. Robert W. Baird reaffirmed a “buy” rating and issued a $61.00 price objective on shares of Kohl's in a research report on Tuesday, January 9th. Telsey Advisory Group reaffirmed an “outperform” rating and issued a $55.00 price objective (up from $50.00) on shares of Kohl's in a research report on Tuesday, January 9th. MKM Partners set a $48.00 price target on shares of Kohl's and gave the stock a “hold” rating in a research report on Thursday, January 4th. Zacks Investment Research raised shares of Kohl's from a “hold” rating to a “buy” rating and set a $64.00 price target on the stock in a research report on Tuesday, January 9th. Finally, Royal Bank of Canada raised shares of Kohl's from an “underperform” rating to a “sector perform” rating and set a $60.00 price target on the stock in a research report on Friday, January 12th. Five analysts have rated the stock with a sell rating, twelve have issued a hold rating and nine have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $54.10.

Shares of Kohl's (NYSE KSS) opened at $67.54 on Monday. The company has a market cap of $11,347.04, a price-to-earnings ratio of 17.92, a P/E/G ratio of 2.49 and a beta of 1.24. Kohl's has a 52-week low of $35.16 and a 52-week 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 announced its quarterly earnings results on Thursday, November 9th. The company reported $0.70 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.72 by ($0.02). Kohl's had a net margin of 3.47% and a return on equity of 12.72%. The firm had revenue of $4.33 billion during the quarter, compared to analyst estimates of $4.30 billion. During the same period last year, the firm earned $0.80 EPS. Kohl's’s quarterly revenue was up .1% on a year-over-year basis.

In other Kohl's news, Director Stephanie A. Streeter sold 4,173 shares of the stock in a transaction that occurred on Friday, December 22nd. The shares were sold at an average price of $53.85, for a total transaction of $224,716.05. Following the transaction, the director now owns 21,960 shares in the company, valued at approximately $1,182,546. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Jonas Prising bought 4,725 shares of the firm’s stock in a transaction on Wednesday, November 15th. The shares were acquired at an average price of $42.35 per share, for a total transaction of $200,103.75. Following the transaction, the director now owns 8,661 shares in the company, valued at $366,793.35. The disclosure for this purchase can be found here. 1.20% of the stock is currently owned by corporate insiders.

Several large investors have recently made changes to their positions in the business. Raymond James Trust N.A. bought a new stake in shares of Kohl's during the 3rd quarter worth approximately $200,000. Keybank National Association OH bought a new stake in shares of Kohl's during the 3rd quarter worth approximately $207,000. VNBTrust National Association bought a new stake in shares of Kohl's during the 4th quarter worth approximately $212,000. BB&T Investment Services Inc. bought a new stake in shares of Kohl's during the 2nd quarter worth approximately $217,000. Finally, Ingalls & Snyder LLC bought a new stake in shares of Kohl's during the 3rd quarter worth approximately $219,000.

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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.

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

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