Kohl’s Corporation (NYSE:KSS) Receives Average Recommendation of “Reduce” from Analysts

Kohl’s Corporation (NYSE:KSS) has earned a consensus recommendation of “Reduce” from the sixteen brokerages that are presently covering the firm, MarketBeat.com reports. Six investment analysts have rated the stock with a sell rating, eight have issued a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company. The average 1 year price objective among brokers that have covered the stock in the last year is $15.7273.

A number of equities analysts have recently issued reports on the company. Evercore ISI upped their price target on Kohl’s from $13.00 to $21.00 and gave the stock an “in-line” rating in a research report on Tuesday, November 25th. BTIG Research reissued a “neutral” rating on shares of Kohl’s in a research report on Tuesday, November 25th. Cowen reaffirmed a “hold” rating on shares of Kohl’s in a research report on Wednesday, November 26th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Kohl’s in a research note on Wednesday, October 8th. Finally, Morgan Stanley raised their price target on Kohl’s from $5.00 to $9.00 and gave the stock an “underweight” rating in a report on Thursday, September 18th.

Kohl’s Price Performance

KSS opened at $21.78 on Friday. The firm has a market capitalization of $2.44 billion, a PE ratio of 12.66 and a beta of 1.42. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.30 and a quick ratio of 0.12. The business’s 50-day moving average is $20.43 and its two-hundred day moving average is $15.97. Kohl’s has a 1 year low of $6.04 and a 1 year high of $25.22.

Kohl’s (NYSE:KSS) last released its quarterly earnings results on Tuesday, November 25th. The company reported $0.10 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.19) by $0.29. The business had revenue of $3.58 billion for the quarter, compared to analysts’ expectations of $3.37 billion. Kohl’s had a net margin of 1.23% and a return on equity of 4.30%. The company’s revenue was down 3.6% compared to the same quarter last year. During the same period last year, the business earned $0.20 EPS. Kohl’s has set its FY 2025 guidance at 1.250-1.450 EPS. Research analysts anticipate that Kohl’s will post 1.3 earnings per share for the current fiscal year.

Kohl’s Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 24th. Investors of record on Wednesday, December 10th were paid a $0.125 dividend. The ex-dividend date was Wednesday, December 10th. This represents a $0.50 dividend on an annualized basis and a yield of 2.3%. Kohl’s’s dividend payout ratio (DPR) is 29.07%.

Insider Transactions at Kohl’s

In other news, CFO Jill Timm sold 25,000 shares of the business’s stock in a transaction on Thursday, December 4th. The shares were sold at an average price of $22.75, for a total transaction of $568,750.00. Following the sale, the chief financial officer directly owned 335,561 shares of the company’s stock, valued at $7,634,012.75. The trade was a 6.93% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 1.00% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. American Century Companies Inc. raised its stake in shares of Kohl’s by 7.5% during the 3rd quarter. American Century Companies Inc. now owns 5,042,333 shares of the company’s stock valued at $77,501,000 after buying an additional 351,691 shares during the last quarter. Allianz Asset Management GmbH raised its position in Kohl’s by 21.0% during the second quarter. Allianz Asset Management GmbH now owns 4,303,123 shares of the company’s stock valued at $36,490,000 after acquiring an additional 745,543 shares in the last quarter. Geode Capital Management LLC lifted its holdings in Kohl’s by 43.0% in the second quarter. Geode Capital Management LLC now owns 2,615,482 shares of the company’s stock valued at $22,182,000 after acquiring an additional 785,936 shares during the period. First Trust Advisors LP boosted its position in Kohl’s by 11.5% in the 2nd quarter. First Trust Advisors LP now owns 2,380,359 shares of the company’s stock worth $20,185,000 after purchasing an additional 244,761 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its stake in shares of Kohl’s by 3,123.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,011,182 shares of the company’s stock worth $30,912,000 after purchasing an additional 1,948,783 shares during the period. Hedge funds and other institutional investors own 98.04% of the company’s stock.

Kohl’s Company Profile

Kohl’s Corporation, founded in 1962 by Maxwell Kohl and headquartered in Menomonee Falls, Wisconsin, is a leading American department store retailer. The company operates approximately 1,100 stores across 49 states, offering a combination of value-oriented pricing, private-label brands and national labels. Since its initial public offering in 1992, Kohl’s has focused on broadening its product assortment and enhancing the in-store and online shopping experience.

The retailer’s merchandise portfolio spans apparel, footwear, accessories, and beauty products for women, men and children, as well as home goods, kitchenware and seasonal décor.