Kohl’s Co. (NYSE:KSS) – Jefferies Financial Group increased their FY2021 earnings per share (EPS) estimates for Kohl’s in a note issued to investors on Tuesday, November 17th. Jefferies Financial Group analyst R. Konik now forecasts that the company will post earnings per share of ($2.93) for the year, up from their previous forecast of ($3.30). Jefferies Financial Group also issued estimates for Kohl’s’ Q4 2021 earnings at $0.52 EPS, Q1 2022 earnings at ($1.12) EPS, Q3 2022 earnings at $0.38 EPS, FY2022 earnings at $1.74 EPS and FY2023 earnings at $2.04 EPS.
Kohl’s (NYSE:KSS) last issued its quarterly earnings results on Monday, November 16th. The company reported $0.01 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.43) by $0.44. Kohl’s had a negative return on equity of 2.15% and a negative net margin of 0.61%. During the same quarter in the previous year, the business earned $0.74 earnings per share.
KSS has been the subject of several other reports. ValuEngine cut Kohl’s from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 22nd. TheStreet upgraded Kohl’s from a “d+” rating to a “c-” rating in a report on Monday, November 9th. Telsey Advisory Group reaffirmed a “market perform” rating and issued a $24.00 price target on shares of Kohl’s in a research note on Tuesday. Zacks Investment Research raised Kohl’s from a “sell” rating to a “hold” rating and set a $21.00 price target on the stock in a research note on Wednesday, August 19th. Finally, Deutsche Bank Aktiengesellschaft upped their price target on Kohl’s from $19.00 to $28.00 and gave the company a “hold” rating in a research note on Wednesday. Three equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and four have issued a buy rating to the company’s stock. Kohl’s presently has an average rating of “Hold” and a consensus price target of $32.94.
Shares of NYSE:KSS opened at $29.17 on Friday. The company has a quick ratio of 1.17, a current ratio of 2.22 and a debt-to-equity ratio of 0.99. The business has a fifty day moving average of $22.04 and a two-hundred day moving average of $21.14. The stock has a market cap of $4.60 billion, a P/E ratio of -41.67 and a beta of 1.68. Kohl’s has a 52-week low of $10.89 and a 52-week high of $51.60.
A number of hedge funds have recently bought and sold shares of the business. International Assets Investment Management LLC raised its position in Kohl’s by 1.8% in the 3rd quarter. International Assets Investment Management LLC now owns 34,800 shares of the company’s stock valued at $48,000 after purchasing an additional 600 shares in the last quarter. New Mexico Educational Retirement Board raised its position in Kohl’s by 7.1% in the 2nd quarter. New Mexico Educational Retirement Board now owns 10,501 shares of the company’s stock valued at $218,000 after purchasing an additional 700 shares in the last quarter. Prime Capital Investment Advisors LLC raised its position in Kohl’s by 52.3% in the 3rd quarter. Prime Capital Investment Advisors LLC now owns 2,330 shares of the company’s stock valued at $43,000 after purchasing an additional 800 shares in the last quarter. Treasurer of the State of North Carolina raised its position in Kohl’s by 1.5% in the 3rd quarter. Treasurer of the State of North Carolina now owns 57,728 shares of the company’s stock valued at $1,070,000 after purchasing an additional 860 shares in the last quarter. Finally, Securian Asset Management Inc increased its holdings in shares of Kohl’s by 6.2% in the 3rd quarter. Securian Asset Management Inc now owns 15,322 shares of the company’s stock valued at $284,000 after acquiring an additional 889 shares during the last quarter. 81.34% of the stock is currently owned by institutional investors.
Kohl's Corporation operates as a retail company in the United States. Its stores and Website offer apparel, footwear, accessories, beauty, and home products. The company provides its products primarily under the brand names of Apt. 9, Croft & Barrow, Jumping Beans, SO, and Sonoma Goods for Life, as well as Food Network, LC Lauren Conrad, and Simply Vera Vera Wang.
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