Kohl’s (NYSE:KSS) had its price objective trimmed by Robert W. Baird from $65.00 to $58.00 in a report published on Wednesday morning, The Fly reports. The firm currently has a positive rating on the stock. The analysts noted that the move was a valuation call.
Other equities analysts have also issued reports about the stock. Zacks Investment Research lowered shares of Kohl’s from a hold rating to a sell rating and set a $50.00 price target for the company. in a research report on Thursday, August 22nd. Morgan Stanley upped their target price on shares of Kohl’s from $50.00 to $51.00 and gave the stock an underweight rating in a research report on Thursday, August 22nd. Cowen set a $58.00 target price on shares of Kohl’s and gave the stock a buy rating in a research report on Monday, August 26th. OTR Global lowered shares of Kohl’s to a positive rating in a research report on Friday, August 2nd. Finally, ValuEngine upgraded shares of Kohl’s from a sell rating to a hold rating in a research report on Wednesday, October 2nd. Three analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and six have given a buy rating to the company’s stock. Kohl’s has an average rating of Hold and an average target price of $56.00.
Shares of KSS traded down $0.13 during mid-day trading on Wednesday, reaching $47.09. The stock had a trading volume of 4,735,458 shares, compared to its average volume of 4,034,774. The firm has a market cap of $9.40 billion, a price-to-earnings ratio of 8.41, a PEG ratio of 1.13 and a beta of 1.07. Kohl’s has a 12 month low of $43.33 and a 12 month high of $75.91. The business has a fifty day moving average of $52.46 and a 200 day moving average of $51.37. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.36 and a current ratio of 1.65.
Kohl’s (NYSE:KSS) last posted its quarterly earnings results on Tuesday, November 19th. The company reported $0.74 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.86 by ($0.12). The firm had revenue of $4.63 billion during the quarter, compared to the consensus estimate of $4.40 billion. Kohl’s had a return on equity of 15.94% and a net margin of 3.69%. The business’s revenue for the quarter was up 5.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.98 earnings per share. On average, research analysts forecast that Kohl’s will post 5.23 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 24th. Investors of record on Wednesday, December 11th will be given a dividend of $0.67 per share. The ex-dividend date is Tuesday, December 10th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 5.69%. Kohl’s’s dividend payout ratio is 47.86%.
Several large investors have recently modified their holdings of the stock. FMR LLC raised its stake in Kohl’s by 15.3% during the first quarter. FMR LLC now owns 85,463 shares of the company’s stock valued at $5,877,000 after purchasing an additional 11,313 shares in the last quarter. DNB Asset Management AS raised its stake in Kohl’s by 40.3% during the second quarter. DNB Asset Management AS now owns 73,618 shares of the company’s stock valued at $3,501,000 after purchasing an additional 21,130 shares in the last quarter. Empirical Finance LLC raised its stake in Kohl’s by 0.8% during the second quarter. Empirical Finance LLC now owns 34,620 shares of the company’s stock valued at $1,646,000 after purchasing an additional 285 shares in the last quarter. Crossmark Global Holdings Inc. raised its stake in Kohl’s by 4.9% during the second quarter. Crossmark Global Holdings Inc. now owns 24,445 shares of the company’s stock valued at $1,162,000 after purchasing an additional 1,148 shares in the last quarter. Finally, Dalton Greiner Hartman Maher & Co. raised its stake in Kohl’s by 12.9% during the second quarter. Dalton Greiner Hartman Maher & Co. now owns 120,047 shares of the company’s stock valued at $5,708,000 after purchasing an additional 13,723 shares in the last quarter. Hedge funds and other institutional investors own 96.32% of the company’s stock.
Kohl’s Company Profile
Kohl's Corporation operates as an omni-channel retailer in the United States. Its stores and Website offer apparel, footwear, accessories, beauty, and home products. As of February 3, 2018, it operated 1,158 department stores; a Website Kohls.com; and 12 FILA outlets, and 4 Off-Aisle clearance centers.
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