Kohl’s Co. (NYSE:KSS) Receives Consensus Rating of “Hold” from Brokerages

Shares of Kohl’s Co. (NYSE:KSS) have been assigned an average rating of “Hold” from the seven analysts that are presently covering the stock, MarketBeat reports. Two research analysts have rated the stock with a sell recommendation, three have given a hold recommendation and two have assigned a buy recommendation to the company. The average 12 month target price among analysts that have covered the stock in the last year is $24.20.

A number of research analysts recently issued reports on KSS shares. StockNews.com upgraded shares of Kohl’s from a “hold” rating to a “buy” rating in a research note on Friday, April 12th. Citigroup decreased their price target on shares of Kohl’s from $27.00 to $24.00 and set a “neutral” rating for the company in a research note on Wednesday, March 13th. JPMorgan Chase & Co. lifted their price target on shares of Kohl’s from $20.00 to $21.00 and gave the stock a “neutral” rating in a research note on Wednesday, March 13th. Morgan Stanley lifted their price target on shares of Kohl’s from $18.00 to $19.00 and gave the stock an “underweight” rating in a research note on Thursday, March 21st. Finally, TD Cowen lifted their price target on shares of Kohl’s from $28.00 to $31.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 13th.

Kohl’s Price Performance

Shares of KSS opened at $25.40 on Wednesday. Kohl’s has a 1-year low of $17.68 and a 1-year high of $29.65. The stock has a market cap of $2.82 billion, a PE ratio of 8.91, a P/E/G ratio of 1.29 and a beta of 1.98. The firm has a 50-day simple moving average of $26.24 and a two-hundred day simple moving average of $25.31. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.31 and a quick ratio of 0.20.

Kohl’s (NYSE:KSS) last announced its quarterly earnings results on Tuesday, March 12th. The company reported $1.67 earnings per share for the quarter, beating analysts’ consensus estimates of $1.28 by $0.39. The business had revenue of $5.71 billion during the quarter, compared to analysts’ expectations of $5.80 billion. Kohl’s had a net margin of 1.81% and a return on equity of 8.40%. The business’s revenue for the quarter was down 1.1% on a year-over-year basis. During the same period last year, the business earned ($2.49) earnings per share. As a group, analysts forecast that Kohl’s will post 2.24 EPS for the current year.

Kohl’s Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 3rd. Stockholders of record on Wednesday, March 20th were issued a dividend of $0.50 per share. The ex-dividend date was Tuesday, March 19th. This represents a $2.00 annualized dividend and a dividend yield of 7.87%. Kohl’s’s payout ratio is currently 70.18%.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Headlands Technologies LLC acquired a new stake in Kohl’s during the 3rd quarter worth approximately $25,000. CWM LLC increased its position in Kohl’s by 59.7% during the 4th quarter. CWM LLC now owns 1,145 shares of the company’s stock worth $33,000 after purchasing an additional 428 shares in the last quarter. Hexagon Capital Partners LLC increased its position in Kohl’s by 133.0% during the 4th quarter. Hexagon Capital Partners LLC now owns 1,405 shares of the company’s stock worth $40,000 after purchasing an additional 802 shares in the last quarter. Huntington National Bank increased its position in Kohl’s by 56.1% during the 3rd quarter. Huntington National Bank now owns 2,081 shares of the company’s stock worth $44,000 after purchasing an additional 748 shares in the last quarter. Finally, GAMMA Investing LLC acquired a new stake in Kohl’s during the 4th quarter worth approximately $46,000. 98.04% of the stock is currently owned by hedge funds and other institutional investors.

Kohl’s Company Profile

Kohl's Corporation operates as an omnichannel retailer in the United States. It offers branded apparel, footwear, accessories, beauty, and home products through its stores and website. The company provides its products primarily under the brand names of Croft & Barrow, Jumping Beans, SO, Sonoma Goods for Life, and Tek Gear, as well as Food Network, LC Lauren Conrad, Nine West, and Simply Vera Vera Wang.