Kohl’s (NYSE:KSS) Lowered to “Hold” at StockNews.com

Kohl’s (NYSE:KSSGet Rating) was downgraded by StockNews.com from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Monday.

A number of other brokerages have also weighed in on KSS. Telsey Advisory Group lowered their target price on Kohl’s from $60.00 to $55.00 and set a “market perform” rating for the company in a research note on Friday. Citigroup lowered Kohl’s from a “buy” rating to a “neutral” rating and lowered their target price for the company from $55.00 to $39.00 in a research note on Monday. OTR Global lowered Kohl’s to a “positive” rating in a research note on Wednesday, May 11th. Cowen lowered their target price on Kohl’s from $75.00 to $60.00 in a research note on Friday. Finally, JPMorgan Chase & Co. decreased their price target on Kohl’s from $61.00 to $50.00 in a report on Monday, May 16th. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $55.87.

Kohl’s stock traded down $0.96 during mid-day trading on Monday, hitting $38.24. 5,331,894 shares of the company were exchanged, compared to its average volume of 4,228,646. The company has a quick ratio of 0.60, a current ratio of 1.40 and a debt-to-equity ratio of 0.97. The business has a fifty day moving average of $56.86 and a 200 day moving average of $55.06. Kohl’s has a 1-year low of $37.50 and a 1-year high of $64.38. The company has a market capitalization of $4.92 billion, a PE ratio of 5.94, a price-to-earnings-growth ratio of 0.82 and a beta of 1.82.

Kohl’s (NYSE:KSSGet Rating) last released its quarterly earnings data on Thursday, May 19th. The company reported $0.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.70 by ($0.59). Kohl’s had a return on equity of 19.47% and a net margin of 4.87%. The company had revenue of $3.72 billion for the quarter, compared to analyst estimates of $3.69 billion. During the same quarter in the prior year, the company earned $1.05 earnings per share. The business’s revenue was down 4.4% compared to the same quarter last year. Research analysts expect that Kohl’s will post 6.83 earnings per share for the current year.

Large investors have recently added to or reduced their stakes in the company. Future Financial Wealth Managment LLC bought a new position in shares of Kohl’s during the 4th quarter valued at about $25,000. TAP Consulting LLC bought a new position in shares of Kohl’s during the 4th quarter valued at about $25,000. Field & Main Bank lifted its holdings in shares of Kohl’s by 66.7% during the 4th quarter. Field & Main Bank now owns 500 shares of the company’s stock valued at $25,000 after purchasing an additional 200 shares in the last quarter. Counterpoint Mutual Funds LLC bought a new position in shares of Kohl’s during the 4th quarter valued at about $26,000. Finally, Quent Capital LLC bought a new position in shares of Kohl’s during the 4th quarter valued at about $28,000. Institutional investors and hedge funds own 92.72% of the company’s stock.

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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