Kohl’s Co. (NYSE:KSS) Given Consensus Rating of “Hold” by Brokerages

Kohl’s Co. (NYSE:KSS) has been assigned a consensus recommendation of “Hold” from the seven ratings firms that are currently covering the firm, Marketbeat reports. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating on the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $24.20.

KSS has been the topic of a number of recent analyst reports. Telsey Advisory Group raised their target price on Kohl’s from $25.00 to $28.00 and gave the stock a “market perform” rating in a report on Wednesday, March 13th. TD Cowen raised their target price on Kohl’s from $28.00 to $31.00 and gave the stock an “outperform” rating in a report on Wednesday, March 13th. StockNews.com upgraded Kohl’s from a “hold” rating to a “buy” rating in a report on Friday, April 12th. Citigroup reduced their target price on Kohl’s from $27.00 to $24.00 and set a “neutral” rating on the stock in a report on Wednesday, March 13th. Finally, Morgan Stanley raised their target price on Kohl’s from $18.00 to $19.00 and gave the stock an “underweight” rating in a report on Thursday, March 21st.

Kohl’s Price Performance

Shares of KSS stock opened at $25.40 on Wednesday. The stock has a 50-day moving average price of $26.24 and a 200 day moving average price of $25.31. The company has a quick ratio of 0.20, a current ratio of 1.31 and a debt-to-equity ratio of 1.11. The firm has a market cap of $2.82 billion, a price-to-earnings ratio of 8.91, a PEG ratio of 1.29 and a beta of 1.98. Kohl’s has a 12 month low of $17.68 and a 12 month high of $29.65.

Kohl’s (NYSE:KSS) last announced its quarterly earnings data on Tuesday, March 12th. The company reported $1.67 EPS for the quarter, topping analysts’ consensus estimates of $1.28 by $0.39. The firm had revenue of $5.71 billion during the quarter, compared to analyst estimates of $5.80 billion. Kohl’s had a return on equity of 8.40% and a net margin of 1.81%. The company’s revenue was down 1.1% on a year-over-year basis. During the same period last year, the company earned ($2.49) earnings per share. Research analysts expect that Kohl’s will post 2.24 EPS for the current year.

Kohl’s Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 3rd. Investors of record on Wednesday, March 20th were given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 7.87%. The ex-dividend date was Tuesday, March 19th. Kohl’s’s dividend payout ratio is presently 70.18%.

Institutional Investors Weigh In On Kohl’s

Hedge funds and other institutional investors have recently bought and sold shares of the company. Headlands Technologies LLC acquired a new stake in Kohl’s in the 3rd quarter valued at approximately $25,000. CWM LLC increased its position in shares of Kohl’s by 59.7% during the 4th quarter. CWM LLC now owns 1,145 shares of the company’s stock worth $33,000 after purchasing an additional 428 shares during the last quarter. Hexagon Capital Partners LLC increased its position in shares of Kohl’s by 133.0% during the 4th quarter. Hexagon Capital Partners LLC now owns 1,405 shares of the company’s stock worth $40,000 after purchasing an additional 802 shares during the last quarter. Huntington National Bank increased its position in shares of Kohl’s by 56.1% during the 3rd quarter. Huntington National Bank now owns 2,081 shares of the company’s stock worth $44,000 after purchasing an additional 748 shares during the last quarter. Finally, GAMMA Investing LLC acquired a new position in shares of Kohl’s during the 4th quarter worth approximately $46,000. Institutional investors and hedge funds own 98.04% of the company’s stock.

Kohl’s Company Profile

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.