Kohl’s (NYSE:KSS) Rating Lowered to “Hold” at Wall Street Zen

Kohl’s (NYSE:KSS) was downgraded by investment analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research note issued on Saturday.

A number of other equities research analysts also recently weighed in on the stock. Citigroup raised their target price on shares of Kohl’s from $19.00 to $23.00 and gave the company a “neutral” rating in a research note on Wednesday, November 26th. Weiss Ratings reissued a “hold (c-)” rating on shares of Kohl’s in a report on Thursday, January 22nd. TD Cowen reaffirmed a “hold” rating on shares of Kohl’s in a report on Wednesday, November 26th. UBS Group upped their target price on shares of Kohl’s from $4.50 to $7.00 and gave the stock a “sell” rating in a research report on Wednesday, November 26th. Finally, Jefferies Financial Group started coverage on Kohl’s in a research note on Wednesday, January 14th. They issued a “hold” rating and a $22.00 target price on the stock. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, eight have given a Hold rating and six have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Reduce” and a consensus price target of $15.55.

Kohl’s Trading Up 4.9%

Shares of KSS stock opened at $19.85 on Friday. The company has a market capitalization of $2.23 billion, a PE ratio of 11.54 and a beta of 1.44. Kohl’s has a 52-week low of $6.04 and a 52-week high of $25.22. The business’s fifty day moving average is $20.09 and its 200 day moving average is $17.50. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.12 and a current ratio of 1.30.

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

Insider Activity at Kohl’s

In related news, CFO Jill Timm sold 25,000 shares of the 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 transaction, the chief financial officer owned 335,561 shares of the company’s stock, valued at approximately $7,634,012.75. This trade represents a 6.93% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 1.00% of the company’s stock.

Institutional Trading of Kohl’s

Several institutional investors have recently added to or reduced their stakes in KSS. Farther Finance Advisors LLC grew its position in Kohl’s by 233.9% during the 4th quarter. Farther Finance Advisors LLC now owns 1,666 shares of the company’s stock worth $34,000 after acquiring an additional 1,167 shares during the last quarter. Harbor Capital Advisors Inc. purchased a new stake in shares of Kohl’s during the third quarter valued at approximately $28,000. IFP Advisors Inc boosted its stake in shares of Kohl’s by 3,777.6% during the third quarter. IFP Advisors Inc now owns 1,900 shares of the company’s stock valued at $31,000 after purchasing an additional 1,851 shares during the period. Plato Investment Management Ltd bought a new position in shares of Kohl’s in the fourth quarter worth approximately $42,000. Finally, Hantz Financial Services Inc. increased its stake in shares of Kohl’s by 164.7% in the fourth quarter. Hantz Financial Services Inc. now owns 2,102 shares of the company’s stock worth $43,000 after buying an additional 1,308 shares during the period. 98.04% of the stock is currently owned by hedge funds and other institutional investors.

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.