Kohl’s (NYSE:KSS) Stock Price Expected to Rise, UBS Group Analyst Says

Kohl’s (NYSE:KSS) had its target price increased by analysts at UBS Group from $4.00 to $4.50 in a research note issued on Thursday,Benzinga reports. The firm presently has a “sell” rating on the stock. UBS Group’s price objective would indicate a potential downside of 71.10% from the stock’s previous close.

Other research analysts have also recently issued reports about the company. Evercore ISI boosted their target price on Kohl’s from $8.00 to $13.00 and gave the company an “in-line” rating in a research note on Thursday. Telsey Advisory Group boosted their target price on Kohl’s to $9.00 and gave the company a “market perform” rating in a research note on Wednesday. Citigroup restated a “neutral” rating on shares of Kohl’s in a report on Thursday. Gordon Haskett upgraded Kohl’s from a “hold” rating to an “accumulate” rating in a report on Wednesday. Finally, Barclays restated an “underweight” rating on shares of Kohl’s in a report on Thursday. One research analyst has rated the stock with a Buy rating, eight have issued a Hold rating and six have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Kohl’s currently has an average rating of “Reduce” and an average target price of $10.21.

Kohl’s Stock Down 3.7%

NYSE KSS opened at $15.57 on Thursday. The stock has a fifty day moving average of $11.08 and a 200-day moving average of $9.49. The stock has a market capitalization of $1.74 billion, a P/E ratio of 14.39 and a beta of 1.73. Kohl’s has a 52 week low of $6.04 and a 52 week high of $21.39. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.14 and a current ratio of 1.09.

Kohl’s (NYSE:KSS) last announced its quarterly earnings data on Wednesday, August 27th. The company reported $0.56 EPS for the quarter, topping analysts’ consensus estimates of $0.33 by $0.23. Kohl’s had a return on equity of 4.71% and a net margin of 0.75%.The business had revenue of $3.35 billion during the quarter, compared to analysts’ expectations of $3.37 billion. During the same period in the previous year, the firm earned $0.59 earnings per share. The firm’s quarterly revenue was down 5.0% compared to the same quarter last year. Kohl’s has set its FY 2025 guidance at 0.500-0.800 EPS. On average, equities research analysts forecast that Kohl’s will post 1.3 EPS for the current year.

Hedge Funds Weigh In On Kohl’s

A number of institutional investors have recently bought and sold shares of KSS. Raymond James Financial Inc. acquired a new position in Kohl’s during the fourth quarter worth approximately $330,000. State of Tennessee Department of Treasury grew its position in shares of Kohl’s by 30.2% in the fourth quarter. State of Tennessee Department of Treasury now owns 36,493 shares of the company’s stock valued at $512,000 after purchasing an additional 8,469 shares during the last quarter. Stifel Financial Corp grew its position in shares of Kohl’s by 38.2% in the fourth quarter. Stifel Financial Corp now owns 66,442 shares of the company’s stock valued at $933,000 after purchasing an additional 18,352 shares during the last quarter. Hsbc Holdings PLC grew its position in shares of Kohl’s by 5.6% in the fourth quarter. Hsbc Holdings PLC now owns 99,967 shares of the company’s stock valued at $1,394,000 after purchasing an additional 5,285 shares during the last quarter. Finally, Northern Trust Corp grew its position in shares of Kohl’s by 14.7% in the fourth quarter. Northern Trust Corp now owns 890,188 shares of the company’s stock valued at $12,498,000 after purchasing an additional 113,875 shares during the last quarter. Institutional investors and hedge funds 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.