Kohl’s Co. (NYSE:KSS) Given Average Recommendation of “Hold” by Analysts

Kohl’s Co. (NYSE:KSS) has been given an average rating of “Hold” by the nine ratings firms that are presently covering the company, MarketBeat reports. Two analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and three have issued a buy recommendation on the company. The average 1 year price target among analysts that have covered the stock in the last year is $22.44.

Several brokerages have issued reports on KSS. JPMorgan Chase & Co. cut their price target on Kohl’s from $25.00 to $20.00 and set a “neutral” rating for the company in a report on Friday, May 31st. Telsey Advisory Group reaffirmed a “market perform” rating and set a $28.00 target price on shares of Kohl’s in a report on Thursday, May 30th. Evercore ISI cut their price objective on shares of Kohl’s from $24.00 to $22.00 and set an “in-line” rating for the company in a research report on Friday, May 31st. StockNews.com downgraded Kohl’s from a “buy” rating to a “hold” rating in a research report on Friday, May 31st. Finally, Morgan Stanley lifted their price target on Kohl’s from $18.00 to $19.00 and gave the stock an “underweight” rating in a report on Thursday, March 21st.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. CWM LLC grew its stake 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 in the last quarter. Hexagon Capital Partners LLC increased 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 acquiring an additional 802 shares during the last quarter. GAMMA Investing LLC acquired a new position in Kohl’s during the fourth quarter valued at approximately $46,000. Versant Capital Management Inc boosted its holdings in shares of Kohl’s by 392.4% in the 4th quarter. Versant Capital Management Inc now owns 1,694 shares of the company’s stock valued at $49,000 after purchasing an additional 1,350 shares in the last quarter. Finally, Register Financial Advisors LLC bought a new position in shares of Kohl’s in the 1st quarter valued at $54,000. Institutional investors own 98.04% of the company’s stock.

Kohl’s Stock Performance

Shares of KSS opened at $22.76 on Monday. The company has a debt-to-equity ratio of 1.12, a current ratio of 1.21 and a quick ratio of 0.19. The firm has a 50-day moving average of $23.61 and a 200-day moving average of $25.41. The company has a market cap of $2.53 billion, a PE ratio of 9.18, a price-to-earnings-growth ratio of 1.99 and a beta of 1.95. Kohl’s has a one year low of $17.68 and a one year high of $29.65.

Kohl’s (NYSE:KSS) last announced its quarterly earnings results on Thursday, May 30th. The company reported ($0.24) earnings per share for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.28). Kohl’s had a return on equity of 7.27% and a net margin of 1.60%. The business had revenue of $3.20 billion for the quarter, compared to analyst estimates of $3.41 billion. During the same period last year, the firm earned $0.13 EPS. Kohl’s’s quarterly revenue was down 10.4% compared to the same quarter last year. As a group, equities analysts forecast that Kohl’s will post 1.38 earnings per share for the current year.

Kohl’s Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Wednesday, June 12th were given a dividend of $0.50 per share. The ex-dividend date was Wednesday, June 12th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 8.79%. Kohl’s’s payout ratio is 80.65%.

Kohl’s Company Profile

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.