Kohl’s (NYSE:KSS) Stock Rating Upgraded by StockNews.com

Kohl’s (NYSE:KSS) was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating in a note issued to investors on Friday.

A number of other analysts also recently issued reports on the stock. Morgan Stanley raised their price target on shares of Kohl’s from $18.00 to $19.00 and gave the company an “underweight” rating in a report on Thursday, March 21st. TD Cowen raised their price objective on shares of Kohl’s from $28.00 to $31.00 and gave the stock an “outperform” rating in a report on Wednesday, March 13th. Citigroup lowered their price target on shares of Kohl’s from $27.00 to $24.00 and set a “neutral” rating on the stock in a report on Wednesday, March 13th. Telsey Advisory Group lifted their price target on shares of Kohl’s from $25.00 to $28.00 and gave the company a “market perform” rating in a report on Wednesday, March 13th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Kohl’s from $20.00 to $21.00 and gave the company a “neutral” rating in a report on Wednesday, March 13th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $24.20.

Kohl’s Stock Performance

Shares of NYSE KSS opened at $22.73 on Friday. The firm’s 50-day moving average price is $26.72 and its 200-day moving average price is $25.11. The company has a quick ratio of 0.20, a current ratio of 1.31 and a debt-to-equity ratio of 1.11. The company has a market cap of $2.52 billion, a PE ratio of 7.98, a PEG ratio of 1.32 and a beta of 1.98. Kohl’s has a 52-week low of $17.68 and a 52-week high of $29.65.

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

Institutional Investors Weigh In On Kohl’s

Several institutional investors and hedge funds have recently modified their holdings of KSS. Headlands Technologies LLC bought a new stake in shares of Kohl’s during the third quarter valued at approximately $25,000. Eagle Bay Advisors LLC bought a new stake in shares of Kohl’s during the second quarter valued at approximately $26,000. SkyView Investment Advisors LLC bought a new stake in shares of Kohl’s during the first quarter valued at approximately $27,000. Quarry LP raised its position in shares of Kohl’s by 81.1% during the first quarter. Quarry LP now owns 1,326 shares of the company’s stock valued at $31,000 after buying an additional 594 shares during the last quarter. Finally, CWM LLC increased its position in Kohl’s by 59.7% in the fourth quarter. CWM LLC now owns 1,145 shares of the company’s stock worth $33,000 after purchasing an additional 428 shares during the last quarter. Institutional investors own 98.04% of the company’s stock.

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.