Kohl’s’ (KSS) Hold (C-) Rating Reiterated at Weiss Ratings

Kohl’s (NYSE:KSS)‘s stock had its “hold (c-)” rating reaffirmed by analysts at Weiss Ratings in a report released on Wednesday,Weiss Ratings reports.

Several other equities research analysts have also recently commented on the company. Barclays increased their price objective on Kohl’s from $5.00 to $8.00 and gave the company an “underweight” rating in a research report on Thursday, August 28th. Telsey Advisory Group increased their price objective on Kohl’s from $9.00 to $16.00 and gave the company a “market perform” rating in a research report on Wednesday, August 27th. Wall Street Zen raised Kohl’s from a “sell” rating to a “hold” rating in a research report on Monday, September 1st. JPMorgan Chase & Co. increased their price objective on Kohl’s from $10.00 to $11.00 and gave the company an “underweight” rating in a research report on Thursday, August 28th. Finally, Citigroup increased their price objective on Kohl’s from $16.00 to $19.00 and gave the company a “neutral” rating in a research report on Friday, September 19th. One research analyst has rated the stock with a Buy rating, ten have given a Hold rating and six have assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Reduce” and a consensus target price of $12.75.

Kohl’s Price Performance

Shares of NYSE:KSS opened at $15.74 on Wednesday. Kohl’s has a 1-year low of $6.04 and a 1-year high of $21.39. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.36 and a quick ratio of 0.19. The business has a fifty day moving average price of $14.89 and a 200-day moving average price of $10.62. The company has a market capitalization of $1.76 billion, a PE ratio of 8.51 and a beta of 1.71.

Kohl’s (NYSE:KSS) last issued its quarterly earnings results on Wednesday, August 27th. The company reported $0.56 earnings per share for the quarter, beating the consensus estimate of $0.33 by $0.23. Kohl’s had a return on equity of 4.62% and a net margin of 1.31%.The firm had revenue of $3.35 billion during the quarter, compared to the consensus estimate of $3.37 billion. During the same period last year, the company earned $0.59 earnings per share. The company’s revenue was down 5.0% on a year-over-year basis. Kohl’s has set its FY 2025 guidance at 0.500-0.800 EPS. As a group, equities analysts expect that Kohl’s will post 1.3 EPS for the current fiscal year.

Hedge Funds Weigh In On Kohl’s

Large investors have recently bought and sold shares of the business. National Bank of Canada FI purchased a new position in Kohl’s during the 1st quarter valued at $25,000. Smartleaf Asset Management LLC lifted its holdings in shares of Kohl’s by 161.8% in the 1st quarter. Smartleaf Asset Management LLC now owns 3,053 shares of the company’s stock worth $26,000 after buying an additional 1,887 shares during the period. CWM LLC lifted its holdings in shares of Kohl’s by 49.7% in the 1st quarter. CWM LLC now owns 4,177 shares of the company’s stock worth $34,000 after buying an additional 1,386 shares during the period. Cheviot Value Management LLC purchased a new stake in shares of Kohl’s in the 1st quarter worth $36,000. Finally, Twin Tree Management LP purchased a new stake in shares of Kohl’s in the 1st quarter worth $37,000. Hedge funds and other institutional investors own 98.04% of the company’s stock.

About Kohl’s

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.