Kohl’s Co. (NYSE:KSS) Given Average Rating of “Reduce” by Brokerages

Shares of Kohl’s Co. (NYSE:KSS) have been given a consensus rating of “Reduce” by the eleven ratings firms that are covering the company, Marketbeat.com reports. Three analysts have rated the stock with a sell recommendation and eight have given a hold recommendation to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $16.70.

KSS has been the subject of several research analyst reports. Jefferies Financial Group lowered their price target on Kohl’s from $15.00 to $12.00 and set a “hold” rating for the company in a research report on Tuesday, February 4th. Baird R W lowered Kohl’s from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, November 27th. Robert W. Baird lowered Kohl’s from an “outperform” rating to a “neutral” rating and lowered their price target for the stock from $25.00 to $18.00 in a research report on Wednesday, November 27th. TD Cowen lowered their price target on Kohl’s from $20.00 to $16.00 and set a “hold” rating for the company in a research report on Wednesday, November 27th. Finally, Guggenheim cut Kohl’s from a “buy” rating to a “neutral” rating in a research note on Monday, December 2nd.

Kohl’s Trading Up 0.2 %

Shares of Kohl’s stock opened at $12.03 on Tuesday. The firm has a market capitalization of $1.34 billion, a price-to-earnings ratio of 5.42 and a beta of 1.85. Kohl’s has a fifty-two week low of $11.53 and a fifty-two week high of $29.60. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.12 and a current ratio of 1.05. The stock has a 50 day moving average of $13.23 and a 200 day moving average of $16.74.

Kohl’s (NYSE:KSS) last released its quarterly earnings results on Tuesday, November 26th. The company reported $0.20 EPS for the quarter, missing the consensus estimate of $0.28 by ($0.08). Kohl’s had a return on equity of 6.44% and a net margin of 1.47%. The firm had revenue of $3.71 billion for the quarter, compared to analysts’ expectations of $3.64 billion. During the same quarter in the prior year, the business earned $0.53 earnings per share. The company’s quarterly revenue was down 8.5% on a year-over-year basis. As a group, research analysts predict that Kohl’s will post 1.3 earnings per share for the current year.

Insider Buying and Selling at Kohl’s

In other Kohl’s news, EVP Feeney Siobhan Mc sold 3,827 shares of the firm’s stock in a transaction on Friday, January 3rd. The stock was sold at an average price of $14.05, for a total value of $53,769.35. Following the sale, the executive vice president now directly owns 133,091 shares in the company, valued at $1,869,928.55. This trade represents a 2.80 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.86% of the stock is owned by insiders.

Institutional Trading of Kohl’s

A number of hedge funds and other institutional investors have recently bought and sold shares of KSS. CWM LLC raised its stake in Kohl’s by 590.5% in the third quarter. CWM LLC now owns 13,286 shares of the company’s stock valued at $280,000 after buying an additional 11,362 shares in the last quarter. Blue Trust Inc. grew its holdings in shares of Kohl’s by 1,756.0% during the third quarter. Blue Trust Inc. now owns 3,842 shares of the company’s stock worth $88,000 after purchasing an additional 3,635 shares during the last quarter. Venture Visionary Partners LLC purchased a new position in shares of Kohl’s during the third quarter worth about $995,000. Signaturefd LLC grew its holdings in shares of Kohl’s by 14.1% during the third quarter. Signaturefd LLC now owns 3,965 shares of the company’s stock worth $84,000 after purchasing an additional 491 shares during the last quarter. Finally, International Assets Investment Management LLC grew its holdings in shares of Kohl’s by 109.2% during the third quarter. International Assets Investment Management LLC now owns 546,070 shares of the company’s stock worth $11,522,000 after purchasing an additional 285,070 shares during the last quarter. 98.04% of the stock is currently owned by institutional investors and hedge funds.

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.