Kohl’s (NYSE:KSS) Given New $55.00 Price Target at Telsey Advisory Group

Kohl’s (NYSE:KSS – Get Rating) had its price objective dropped by research analysts at Telsey Advisory Group from $60.00 to $55.00 in a research note issued on Friday, Stock Target Advisor reports. The firm currently has a “market perform” rating on the stock. Telsey Advisory Group’s price objective suggests a potential upside of 22.11% from the stock’s current price.

Several other brokerages have also recently weighed in on KSS. Credit Suisse Group dropped their price objective on Kohl’s from $70.00 to $60.00 and set a “neutral” rating for the company in a report on Tuesday, March 8th. Deutsche Bank Aktiengesellschaft lifted their price objective on Kohl’s from $75.00 to $85.00 in a report on Wednesday, March 2nd. Morgan Stanley dropped their price objective on Kohl’s from $50.00 to $42.00 and set an “underweight” rating for the company in a report on Tuesday, April 26th. Zacks Investment Research cut Kohl’s from a “buy” rating to a “hold” rating and set a $51.00 price objective for the company. in a report on Friday, January 21st. Finally, StockNews.com began coverage on Kohl’s in a report on Thursday, March 31st. They set a “buy” rating for the company. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $60.31.

KSS opened at $45.04 on Friday. The business has a fifty day simple moving average of $57.46 and a 200 day simple moving average of $55.31. The company has a market capitalization of $5.79 billion, a PE ratio of 7.02, a price-to-earnings-growth ratio of 0.76 and a beta of 1.82. Kohl’s has a 1 year low of $39.98 and a 1 year high of $64.38. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.53 and a quick ratio of 0.60.

Kohl’s (NYSE:KSS – Get Rating) last announced its quarterly earnings data on Thursday, May 19th. The company reported $0.11 earnings per share for the quarter, missing the consensus estimate of $0.70 by ($0.59). The company had revenue of $3.72 billion during the quarter, compared to analyst estimates of $3.69 billion. Kohl’s had a net margin of 4.83% and a return on equity of 21.86%. Kohl’s’s revenue was down 4.4% on a year-over-year basis. During the same period in the prior year, the firm earned $1.05 earnings per share. Equities analysts anticipate that Kohl’s will post 7.14 earnings per share for the current fiscal year.

A number of institutional investors and hedge funds have recently modified their holdings of the business. Dimensional Fund Advisors LP grew its position in shares of Kohl’s by 7.2% in the 1st quarter. Dimensional Fund Advisors LP now owns 4,544,711 shares of the company’s stock valued at $274,782,000 after buying an additional 305,766 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its position in shares of 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 buying an additional 823,426 shares during the last quarter. Ancora Advisors LLC grew its position in shares of Kohl’s by 2.0% in the 3rd quarter. Ancora Advisors LLC now owns 3,560,035 shares of the company’s stock valued at $167,642,000 after buying an additional 68,529 shares during the last quarter. Starboard Value LP bought a new stake in shares of Kohl’s in the 1st quarter valued at about $201,401,000. Finally, LSV Asset Management grew its position in shares of Kohl’s by 14.1% in the 1st quarter. LSV Asset Management now owns 2,910,648 shares of the company’s stock valued at $175,978,000 after buying an additional 360,124 shares during the last quarter. 92.72% of the stock is owned by institutional investors and hedge funds.

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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