Kohl’s Co. (NYSE:KSS) Receives Consensus Recommendation of “Hold” from Analysts

Shares of Kohl’s Co. (NYSE:KSSGet Rating) have earned an average recommendation of “Hold” from the seventeen ratings firms that are presently covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and five have issued a buy recommendation on the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $62.92.

A number of equities research analysts have recently weighed in on KSS shares. Credit Suisse Group dropped their target price on Kohl’s from $70.00 to $60.00 and set a “neutral” rating for the company in a research report on Tuesday, March 8th. Cowen increased their target price on Kohl’s from $73.00 to $75.00 in a research note on Monday, January 24th. StockNews.com initiated coverage on Kohl’s in a report on Thursday, March 31st. They set a “buy” rating on the stock. Zacks Investment Research downgraded Kohl’s from a “buy” rating to a “hold” rating and set a $51.00 target price on the stock. in a report on Friday, January 21st. Finally, Morgan Stanley decreased their target price on Kohl’s from $50.00 to $42.00 and set an “underweight” rating for the company in a research report on Tuesday, April 26th.

Institutional investors and hedge funds have recently made changes to their positions in the stock. Starboard Value LP purchased a new position in shares of Kohl’s during the 1st quarter worth $201,401,000. Allianz Asset Management GmbH lifted its stake in shares of Kohl’s by 20,703.6% during the 3rd quarter. Allianz Asset Management GmbH now owns 2,835,736 shares of the company’s stock valued at $133,534,000 after buying an additional 2,822,105 shares in the last quarter. Norges Bank bought a new stake in Kohl’s in the 4th quarter valued at $73,802,000. HG Vora Capital Management LLC bought a new stake in Kohl’s in the 4th quarter valued at $61,738,000. Finally, Arrowstreet Capital Limited Partnership increased its holdings in Kohl’s by 24.1% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 4,242,075 shares of the company’s stock valued at $199,759,000 after acquiring an additional 823,426 shares during the last quarter. 92.72% of the stock is owned by institutional investors.

Shares of KSS opened at $48.44 on Friday. The firm has a market capitalization of $6.23 billion, a price-to-earnings ratio of 7.55, a price-to-earnings-growth ratio of 0.81 and a beta of 1.82. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.60 and a current ratio of 1.53. Kohl’s has a one year low of $43.67 and a one year high of $64.80. The stock’s fifty day moving average is $58.11 and its 200-day moving average is $55.40.

Kohl’s (NYSE:KSSGet Rating) last announced its quarterly earnings data on Tuesday, March 1st. The company reported $2.20 EPS for the quarter, topping analysts’ consensus estimates of $2.10 by $0.10. Kohl’s had a return on equity of 21.86% and a net margin of 4.83%. The firm had revenue of $6.50 billion during the quarter, compared to analyst estimates of $6.51 billion. During the same period last year, the company posted $2.22 EPS. The business’s quarterly revenue was up 5.8% compared to the same quarter last year. Analysts forecast that Kohl’s will post 7.18 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 30th. Investors of record on Wednesday, March 16th were given a dividend of $0.50 per share. The ex-dividend date of this dividend was Tuesday, March 15th. This represents a $2.00 annualized dividend and a dividend yield of 4.13%. This is an increase from Kohl’s’s previous quarterly dividend of $0.25. Kohl’s’s dividend payout ratio (DPR) is 31.15%.

About Kohl’s (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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Analyst Recommendations for Kohl's (NYSE:KSS)

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