StockNews.com Upgrades Kohl’s (NYSE:KSS) to “Buy”

Kohl’s (NYSE:KSSGet Free Report) was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating in a research report issued on Thursday.

KSS has been the topic of several other research reports. TD Cowen lifted their price objective on shares of Kohl’s from $28.00 to $31.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 13th. Telsey Advisory Group upped their price objective on shares of Kohl’s from $25.00 to $28.00 and gave the company a “market perform” rating in a research report on Wednesday, March 13th. Citigroup reduced their target price on Kohl’s from $27.00 to $24.00 and set a “neutral” rating on the stock in a report on Wednesday, March 13th. JPMorgan Chase & Co. boosted their target price on Kohl’s from $20.00 to $21.00 and gave the company a “neutral” rating in a research note on Wednesday, March 13th. Finally, Morgan Stanley raised their target price on shares of Kohl’s from $18.00 to $19.00 and gave the stock an “underweight” rating in a report on Thursday, March 21st. Two research analysts have rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $24.60.

Get Our Latest Stock Analysis on Kohl’s

Kohl’s Price Performance

Shares of KSS stock opened at $25.74 on Thursday. The firm’s 50 day moving average price is $25.20 and its two-hundred day moving average price is $25.75. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.20 and a current ratio of 1.31. Kohl’s has a 52-week low of $17.68 and a 52-week high of $29.65. The stock has a market cap of $2.85 billion, a PE ratio of 9.03, a PEG ratio of 1.44 and a beta of 2.01.

Kohl’s (NYSE:KSSGet Free Report) last posted its quarterly earnings results on Tuesday, March 12th. The company reported $1.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.28 by $0.39. Kohl’s had a return on equity of 8.40% and a net margin of 1.81%. The business had revenue of $5.71 billion for the quarter, compared to analyst estimates of $5.80 billion. During the same period last year, the company earned ($2.49) EPS. The firm’s revenue was down 1.1% on a year-over-year basis. As a group, analysts forecast that Kohl’s will post 2.22 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. Headlands Technologies LLC bought a new stake in Kohl’s during the third quarter worth $25,000. CWM LLC increased its position in Kohl’s by 59.7% during the fourth quarter. CWM LLC now owns 1,145 shares of the company’s stock worth $33,000 after buying an additional 428 shares during the last quarter. Hexagon Capital Partners LLC raised its stake in Kohl’s by 133.0% in the fourth quarter. Hexagon Capital Partners LLC now owns 1,405 shares of the company’s stock valued at $40,000 after buying an additional 802 shares during the period. Huntington National Bank lifted its position in shares of Kohl’s by 56.1% in the third quarter. Huntington National Bank now owns 2,081 shares of the company’s stock valued at $44,000 after buying an additional 748 shares during the last quarter. Finally, GAMMA Investing LLC bought a new position in shares of Kohl’s during the 4th quarter worth approximately $46,000. Institutional investors and hedge funds own 98.04% of the company’s stock.

About Kohl’s

(Get Free Report)

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.

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Analyst Recommendations for Kohl's (NYSE:KSS)

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