Kohl’s (NYSE:KSS) Stock Rating Upgraded by StockNews.com

Kohl’s (NYSE:KSS) was upgraded by equities researchers at StockNews.com from a “hold” rating to a “buy” rating in a report issued on Friday.

A number of other analysts have also weighed in on KSS. JPMorgan Chase & Co. raised their target price on shares of Kohl’s from $20.00 to $21.00 and gave the company a “neutral” rating in a research report on Wednesday, March 13th. Telsey Advisory Group lifted their price target on shares of Kohl’s from $25.00 to $28.00 and gave the stock a “market perform” rating in a report on Wednesday, March 13th. Morgan Stanley lifted their price target on shares of Kohl’s from $18.00 to $19.00 and gave the stock an “underweight” rating in a report on Thursday, March 21st. Citigroup cut their price target on shares of Kohl’s from $27.00 to $24.00 and set a “neutral” rating on the stock in a report on Wednesday, March 13th. Finally, TD Cowen lifted their price target on shares of Kohl’s from $28.00 to $31.00 and gave the stock an “outperform” rating in a report on Wednesday, March 13th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $24.20.

Kohl’s Stock Performance

Shares of Kohl’s stock opened at $22.73 on Friday. Kohl’s has a fifty-two week low of $17.68 and a fifty-two week high of $29.65. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.31 and a quick ratio of 0.20. The firm has a market capitalization of $2.52 billion, a P/E ratio of 7.98, a P/E/G ratio of 1.32 and a beta of 1.98. The company’s 50 day moving average price is $26.72 and its two-hundred day moving average price is $25.11.

Kohl’s (NYSE:KSS) last issued its earnings results on Tuesday, March 12th. The company reported $1.67 earnings per share for the quarter, beating analysts’ consensus estimates of $1.28 by $0.39. Kohl’s had a net margin of 1.81% and a return on equity of 8.40%. The firm had revenue of $5.71 billion for the quarter, compared to analyst estimates of $5.80 billion. During the same quarter last year, the business posted ($2.49) earnings per share. The company’s quarterly revenue was down 1.1% on a year-over-year basis. On average, equities analysts forecast that Kohl’s will post 2.24 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Kohl’s

A number of hedge funds have recently bought and sold shares of KSS. Headlands Technologies LLC bought a new stake in Kohl’s in the third quarter valued at $25,000. Eagle Bay Advisors LLC bought a new stake in Kohl’s in the second quarter valued at $26,000. SkyView Investment Advisors LLC bought a new stake in Kohl’s in the first quarter valued at $27,000. Quarry LP increased its stake in Kohl’s by 81.1% in the first quarter. Quarry LP now owns 1,326 shares of the company’s stock valued at $31,000 after purchasing an additional 594 shares in the last quarter. Finally, CWM LLC increased its stake in Kohl’s by 59.7% in the fourth quarter. CWM LLC now owns 1,145 shares of the company’s stock valued at $33,000 after purchasing an additional 428 shares in the last quarter. Institutional investors own 98.04% of the company’s stock.

About Kohl’s

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.