Kohl’s (NYSE:KSS – Get Rating) is scheduled to be posting its quarterly earnings results before the market opens on Thursday, May 19th. Analysts expect Kohl’s to post earnings of $0.78 per share for the quarter. Kohl’s has set its FY 2022 guidance at $7.000-$7.500 EPS and its FY23 guidance at $7.00-7.50 EPS.Individual interested in listening to the company’s earnings conference call can do so using this link.
Kohl’s (NYSE:KSS – Get Rating) last issued its quarterly earnings results on Tuesday, March 1st. The company reported $2.20 EPS for the quarter, topping analysts’ consensus estimates of $2.10 by $0.10. The firm had revenue of $6.50 billion for the quarter, compared to analyst estimates of $6.51 billion. Kohl’s had a net margin of 4.83% and a return on equity of 21.86%. The business’s revenue for the quarter was up 5.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.22 EPS. On average, analysts expect Kohl’s to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.
Shares of NYSE:KSS opened at $46.65 on Thursday. Kohl’s has a one year low of $43.67 and a one year high of $64.80. The firm has a market capitalization of $6.00 billion, a price-to-earnings ratio of 7.27, a PEG ratio of 0.97 and a beta of 1.82. The company’s fifty day moving average price is $58.39 and its 200-day moving average price is $55.41. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.53 and a quick ratio of 0.60.
KSS has been the subject of a number of research reports. Zacks Investment Research cut shares of Kohl’s from a “buy” rating to a “hold” rating and set a $51.00 price objective for the company. in a research note on Friday, January 21st. JPMorgan Chase & Co. upped their price objective on shares of Kohl’s from $55.00 to $61.00 in a research note on Thursday, February 17th. Gordon Haskett cut shares of Kohl’s from a “buy” rating to an “accumulate” rating and cut their price objective for the company from $85.00 to $70.00 in a research note on Thursday, February 10th. Bank of America initiated coverage on shares of Kohl’s in a research note on Wednesday, March 9th. They issued a “neutral” rating and a $60.00 price objective for the company. Finally, Deutsche Bank Aktiengesellschaft upped their price objective on shares of Kohl’s from $75.00 to $85.00 in a research note on Wednesday, March 2nd. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and eight have given a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $62.92.
Several large investors have recently bought and sold shares of KSS. Forum Financial Management LP purchased a new stake in shares of Kohl’s in the 4th quarter worth about $238,000. NewEdge Advisors LLC purchased a new stake in shares of Kohl’s in the 4th quarter worth about $393,000. Metropolitan Life Insurance Co NY lifted its position in shares of Kohl’s by 5.9% in the 4th quarter. Metropolitan Life Insurance Co NY now owns 26,912 shares of the company’s stock worth $1,329,000 after purchasing an additional 1,494 shares during the period. Vident Investment Advisory LLC lifted its position in shares of Kohl’s by 5.9% in the 4th quarter. Vident Investment Advisory LLC now owns 44,569 shares of the company’s stock worth $2,201,000 after purchasing an additional 2,489 shares during the period. Finally, Raymond James & Associates lifted its position in shares of Kohl’s by 43.3% in the 1st quarter. Raymond James & Associates now owns 44,031 shares of the company’s stock worth $2,662,000 after purchasing an additional 13,314 shares during the period. 92.72% of the stock is owned by hedge funds and other institutional investors.
Kohl’s Company Profile (Get Rating)
Kohl's Corporation operates as a retail company 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 Apt. 9, Croft & Barrow, Jumping Beans, SO, and Sonoma Goods for Life, as well as Food Network, LC Lauren Conrad, Nine West, and Simply Vera Vera Wang.
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