Kohl’s Co. (NYSE:KSS) has earned a consensus rating of “Hold” from the twenty-one research firms that are currently covering the firm, Marketbeat.com reports. Four investment analysts have rated the stock with a sell recommendation, eight have assigned a hold recommendation and eight have assigned a buy recommendation to the company. The average twelve-month price target among brokers that have covered the stock in the last year is $60.06.
Several analysts have recently weighed in on KSS shares. Jefferies Financial Group dropped their price target on shares of Kohl’s from $100.00 to $95.00 and set a “buy” rating for the company in a research note on Tuesday, May 21st. Credit Suisse Group dropped their price target on shares of Kohl’s from $57.00 to $51.00 and set a “neutral” rating for the company in a research note on Wednesday, August 21st. Citigroup decreased their price objective on shares of Kohl’s from $71.00 to $60.00 and set a “neutral” rating on the stock in a report on Wednesday, May 22nd. ValuEngine upgraded shares of Kohl’s from a “strong sell” rating to a “sell” rating in a report on Wednesday, September 4th. Finally, Deutsche Bank restated a “hold” rating and issued a $52.00 price objective (down from $58.00) on shares of Kohl’s in a report on Wednesday, August 21st.
Several hedge funds have recently modified their holdings of KSS. Wakefield Asset Management LLLP lifted its holdings in Kohl’s by 3.3% during the 1st quarter. Wakefield Asset Management LLLP now owns 4,779 shares of the company’s stock worth $329,000 after buying an additional 153 shares in the last quarter. First Midwest Bank Trust Division raised its holdings in shares of Kohl’s by 3.1% in the 2nd quarter. First Midwest Bank Trust Division now owns 8,434 shares of the company’s stock valued at $402,000 after purchasing an additional 256 shares in the last quarter. Mason Street Advisors LLC raised its holdings in shares of Kohl’s by 1.2% in the 1st quarter. Mason Street Advisors LLC now owns 23,558 shares of the company’s stock valued at $1,620,000 after purchasing an additional 277 shares in the last quarter. Empirical Finance LLC raised its holdings in shares of Kohl’s by 0.8% in the 2nd quarter. Empirical Finance LLC now owns 34,620 shares of the company’s stock valued at $1,646,000 after purchasing an additional 285 shares in the last quarter. Finally, CSat Investment Advisory L.P. raised its holdings in shares of Kohl’s by 8.0% in the 2nd quarter. CSat Investment Advisory L.P. now owns 3,992 shares of the company’s stock valued at $190,000 after purchasing an additional 296 shares in the last quarter. Hedge funds and other institutional investors own 97.64% of the company’s stock.
Shares of Kohl’s stock traded up $0.43 during mid-day trading on Thursday, hitting $52.76. The stock had a trading volume of 2,176,641 shares, compared to its average volume of 4,131,019. The firm has a 50-day moving average of $48.58 and a two-hundred day moving average of $57.37. Kohl’s has a 12-month low of $43.33 and a 12-month high of $83.28. The company has a quick ratio of 0.36, a current ratio of 1.65 and a debt-to-equity ratio of 1.06. The firm has a market cap of $8.33 billion, a P/E ratio of 9.42, a price-to-earnings-growth ratio of 0.99 and a beta of 1.01.
Kohl’s (NYSE:KSS) last posted its quarterly earnings results on Tuesday, August 20th. The company reported $1.55 earnings per share for the quarter, beating the consensus estimate of $1.51 by $0.04. Kohl’s had a net margin of 3.69% and a return on equity of 15.94%. The business had revenue of $4.43 billion during the quarter, compared to analysts’ expectations of $4.25 billion. During the same quarter in the prior year, the company posted $1.76 EPS. The business’s revenue for the quarter was down 3.1% on a year-over-year basis. Sell-side analysts expect that Kohl’s will post 5.23 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 25th. Stockholders of record on Wednesday, September 11th will be issued a $0.67 dividend. The ex-dividend date of this dividend is Tuesday, September 10th. This represents a $2.68 annualized dividend and a dividend yield of 5.08%. Kohl’s’s dividend payout ratio is currently 47.86%.
Kohl’s Company Profile
Kohl's Corporation operates as an omni-channel retailer in the United States. Its stores and Website offer apparel, footwear, accessories, beauty, and home products. As of February 3, 2018, it operated 1,158 department stores; a Website Kohls.com; and 12 FILA outlets, and 4 Off-Aisle clearance centers.
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