StockNews.com Lowers Kohl’s (NYSE:KSS) to Hold

Kohl’s (NYSE:KSS) was downgraded by investment analysts at StockNews.com from a “buy” rating to a “hold” rating in a research note issued to investors on Monday.

KSS has been the subject of a number of other research reports. Citigroup decreased their price objective on shares of Kohl’s from $27.00 to $24.00 and set a “neutral” rating for the company in a report on Wednesday, March 13th. JPMorgan Chase & Co. upped their price target on shares of Kohl’s from $20.00 to $21.00 and gave the company a “neutral” rating in a report on Wednesday, March 13th. TD Cowen upped their price target on shares of Kohl’s from $28.00 to $31.00 and gave the company an “outperform” rating in a report on Wednesday, March 13th. Morgan Stanley upped their price target on shares of Kohl’s from $18.00 to $19.00 and gave the company an “underweight” rating in a report on Thursday, March 21st. Finally, Telsey Advisory Group upped their price target on shares of Kohl’s from $25.00 to $28.00 and gave the company a “market perform” rating in a report on Wednesday, March 13th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $24.20.

Kohl’s Trading Down 1.5 %

KSS opened at $24.05 on Monday. 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 company has a market cap of $2.67 billion, a price-to-earnings ratio of 8.44, a price-to-earnings-growth ratio of 1.35 and a beta of 2.01. The firm has a 50 day simple moving average of $25.56 and a 200 day simple moving average of $25.65. Kohl’s has a fifty-two week low of $17.68 and a fifty-two week high of $29.65.

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

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in KSS. Headlands Technologies LLC bought a new position in Kohl’s in the third quarter valued at $25,000. CWM LLC grew its position 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. Hexagon Capital Partners LLC grew its position in Kohl’s by 133.0% in the fourth quarter. Hexagon Capital Partners LLC now owns 1,405 shares of the company’s stock valued at $40,000 after purchasing an additional 802 shares in the last quarter. Huntington National Bank grew its position in Kohl’s by 56.1% in the third quarter. Huntington National Bank now owns 2,081 shares of the company’s stock valued at $44,000 after purchasing an additional 748 shares in the last quarter. Finally, GAMMA Investing LLC bought a new position in Kohl’s in the fourth quarter valued at $46,000. Institutional investors 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.