Kohl’s (NYSE:KSS) Updates FY25 Earnings Guidance

Kohl’s (NYSE:KSS) issued an update on its FY25 earnings guidance on Tuesday morning. The company provided earnings per share guidance of $1.20-1.50 for the period, compared to the consensus earnings per share estimate of $1.81. The company issued revenue guidance of down 7-8% yr/yr to ~$15.26-15.42 billion, compared to the consensus revenue estimate of $15.68 billion. Kohl’s also updated its FY 2024 guidance to 1.200-1.500 EPS.

Kohl’s Stock Performance

KSS opened at $18.34 on Tuesday. The company has a market cap of $2.04 billion, a P/E ratio of 7.19, a price-to-earnings-growth ratio of 1.20 and a beta of 1.94. The company has a quick ratio of 0.16, a current ratio of 1.08 and a debt-to-equity ratio of 0.98. The firm’s 50-day moving average price is $18.93 and its 200-day moving average price is $20.83. Kohl’s has a 52-week low of $16.12 and a 52-week high of $29.60.

Kohl’s (NYSE:KSS) last issued its quarterly earnings results on Tuesday, November 26th. The company reported $0.20 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.28 by ($0.08). Kohl’s had a net margin of 1.66% and a return on equity of 7.43%. The company had revenue of $3.71 billion for the quarter, compared to analyst estimates of $3.64 billion. During the same quarter in the previous year, the company posted $0.53 EPS. The company’s revenue for the quarter was down 8.5% compared to the same quarter last year. As a group, equities analysts anticipate that Kohl’s will post 1.77 EPS for the current fiscal year.

Kohl’s Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 24th. Investors of record on Wednesday, December 11th will be paid a $0.50 dividend. The ex-dividend date of this dividend is Wednesday, December 11th. This represents a $2.00 dividend on an annualized basis and a yield of 10.91%. Kohl’s’s dividend payout ratio (DPR) is 78.43%.

Analyst Ratings Changes

KSS has been the topic of a number of research reports. TD Cowen lowered Kohl’s from a “buy” rating to a “hold” rating and cut their price objective for the company from $25.00 to $21.00 in a report on Friday, August 30th. Morgan Stanley cut their price target on shares of Kohl’s from $17.00 to $15.00 and set an “underweight” rating on the stock in a report on Monday. Evercore ISI reduced their price target on shares of Kohl’s from $22.00 to $20.00 and set an “in-line” rating for the company in a research report on Thursday, August 29th. JPMorgan Chase & Co. downgraded shares of Kohl’s from a “neutral” rating to an “underweight” rating and set a $19.00 price objective on the stock. in a report on Thursday, August 29th. Finally, Telsey Advisory Group reiterated a “market perform” rating and issued a $23.00 price objective on shares of Kohl’s in a research note on Wednesday, August 28th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $20.14.

Insider Transactions at Kohl’s

In other news, EVP Feeney Siobhan Mc sold 16,367 shares of the business’s stock in a transaction that occurred on Thursday, October 3rd. The stock was sold at an average price of $19.27, for a total value of $315,392.09. Following the completion of the sale, the executive vice president now directly owns 136,799 shares in the company, valued at $2,636,116.73. The trade was a 10.69 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 0.86% 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.