Bank of America Issues Pessimistic Forecast for Kohl’s (NYSE:KSS) Stock Price

Kohl’s (NYSE:KSSGet Free Report) had its target price reduced by research analysts at Bank of America from $15.00 to $14.00 in a research note issued on Friday,MarketScreener reports. Bank of America‘s price objective points to a potential downside of 7.21% from the stock’s previous close.

KSS has been the topic of a number of other research reports. Jefferies Financial Group lowered their target price on Kohl’s from $22.00 to $15.00 and set a “hold” rating on the stock in a report on Wednesday, March 11th. Zacks Research raised Kohl’s from a “hold” rating to a “strong-buy” rating in a report on Friday, May 15th. Wall Street Zen downgraded Kohl’s from a “buy” rating to a “hold” rating in a research report on Saturday, February 14th. Gordon Haskett lowered Kohl’s from a “buy” rating to a “hold” rating and set a $14.00 price objective on the stock. in a research note on Friday, May 15th. Finally, TD Cowen dropped their price objective on Kohl’s from $23.00 to $17.00 and set a “hold” rating for the company in a research report on Wednesday, March 11th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Hold rating and six have assigned a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Reduce” and an average price target of $14.77.

Read Our Latest Stock Analysis on Kohl’s

Kohl’s Price Performance

KSS traded down $0.50 during midday trading on Friday, reaching $15.09. 1,213,611 shares of the company’s stock were exchanged, compared to its average volume of 4,634,452. Kohl’s has a 1-year low of $7.82 and a 1-year high of $25.22. The stock has a market capitalization of $1.69 billion, a PE ratio of 6.39 and a beta of 1.46. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.46 and a quick ratio of 0.37. The business’s 50-day moving average price is $13.42 and its 200 day moving average price is $17.09.

Kohl’s (NYSE:KSSGet Free Report) last released its quarterly earnings results on Thursday, May 28th. The company reported ($0.13) EPS for the quarter, beating the consensus estimate of ($0.18) by $0.05. Kohl’s had a net margin of 1.75% and a return on equity of 4.72%. The business had revenue of $3.17 billion for the quarter, compared to analyst estimates of $2.99 billion. During the same period in the prior year, the business earned ($0.13) earnings per share. The company’s quarterly revenue was down 1.7% on a year-over-year basis. Kohl’s has set its FY 2026 guidance at 1.000-1.600 EPS. As a group, equities analysts anticipate that Kohl’s will post 1.31 EPS for the current fiscal year.

Institutional Investors Weigh In On Kohl’s

Hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. grew its position in shares of Kohl’s by 2.3% in the fourth quarter. Vanguard Group Inc. now owns 12,181,767 shares of the company’s stock valued at $248,630,000 after purchasing an additional 273,500 shares during the period. Dimensional Fund Advisors LP lifted its position in Kohl’s by 13.3% during the first quarter. Dimensional Fund Advisors LP now owns 6,342,340 shares of the company’s stock worth $81,811,000 after buying an additional 744,539 shares during the period. American Century Companies Inc. boosted its stake in Kohl’s by 7.5% in the 3rd quarter. American Century Companies Inc. now owns 5,042,333 shares of the company’s stock worth $77,501,000 after buying an additional 351,691 shares during the last quarter. Geode Capital Management LLC grew its holdings in Kohl’s by 1.8% in the 4th quarter. Geode Capital Management LLC now owns 2,703,024 shares of the company’s stock valued at $55,177,000 after buying an additional 47,037 shares during the period. Finally, Arrowstreet Capital Limited Partnership grew its holdings in Kohl’s by 107.9% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 2,479,061 shares of the company’s stock valued at $31,980,000 after buying an additional 1,286,710 shares during the period. Institutional investors and hedge funds own 98.04% of the company’s stock.

Key Kohl’s News

Here are the key news stories impacting Kohl’s this week:

About Kohl’s

(Get Free Report)

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.

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Analyst Recommendations for Kohl's (NYSE:KSS)

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