Kohl’s Co. (NYSE:KSS) Receives Average Recommendation of “Reduce” from Analysts

Kohl’s Co. (NYSE:KSS) has been given a consensus rating of “Reduce” by the fifteen analysts that are presently covering the stock, MarketBeat Ratings reports. Seven investment analysts have rated the stock with a sell rating and eight have given a hold rating to the company. The average 1-year target price among brokerages that have covered the stock in the last year is $9.54.

Several analysts have commented on KSS shares. Jefferies Financial Group decreased their price target on shares of Kohl’s from $15.00 to $12.00 and set a “hold” rating on the stock in a research note on Tuesday, February 4th. JPMorgan Chase & Co. dropped their price target on Kohl’s from $9.00 to $7.00 and set an “underweight” rating for the company in a research note on Monday, April 14th. UBS Group reduced their price objective on Kohl’s from $10.00 to $5.00 and set a “sell” rating on the stock in a research note on Wednesday, March 12th. Evercore ISI cut their target price on shares of Kohl’s from $9.00 to $8.00 and set an “in-line” rating for the company in a report on Friday. Finally, Robert W. Baird decreased their price target on shares of Kohl’s from $9.00 to $8.00 and set a “neutral” rating on the stock in a research note on Friday.

Kohl’s Stock Up 4.3 %

KSS opened at $7.52 on Friday. The stock has a market cap of $837.16 million, a price-to-earnings ratio of 3.39 and a beta of 1.65. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.12 and a current ratio of 1.05. The firm’s fifty day moving average is $8.28 and its 200 day moving average is $12.69. Kohl’s has a fifty-two week low of $6.04 and a fifty-two week high of $28.25.

Kohl’s (NYSE:KSS) last announced its quarterly earnings data on Tuesday, March 11th. The company reported $0.95 EPS for the quarter, beating the consensus estimate of $0.72 by $0.23. The business had revenue of $5.18 billion for the quarter, compared to the consensus estimate of $5.25 billion. Kohl’s had a return on equity of 6.44% and a net margin of 1.47%. The business’s revenue was down 9.4% on a year-over-year basis. During the same period in the previous year, the business earned $1.67 earnings per share. On average, sell-side analysts forecast that Kohl’s will post 1.3 earnings per share for the current fiscal year.

Kohl’s Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 2nd. Investors of record on Friday, March 21st were paid a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a dividend yield of 6.65%. The ex-dividend date of this dividend was Friday, March 21st. Kohl’s’s dividend payout ratio is currently 51.02%.

Institutional Trading of Kohl’s

Hedge funds and other institutional investors have recently bought and sold shares of the business. American Century Companies Inc. raised its stake in shares of Kohl’s by 11.7% during the fourth quarter. American Century Companies Inc. now owns 4,134,298 shares of the company’s stock valued at $58,046,000 after acquiring an additional 433,264 shares in the last quarter. Allianz Asset Management GmbH raised its position in Kohl’s by 3.3% during the 4th quarter. Allianz Asset Management GmbH now owns 3,646,011 shares of the company’s stock valued at $51,190,000 after purchasing an additional 117,819 shares in the last quarter. Invesco Ltd. lifted its holdings in shares of Kohl’s by 1.6% in the 4th quarter. Invesco Ltd. now owns 2,292,746 shares of the company’s stock worth $32,190,000 after buying an additional 36,622 shares during the period. Two Sigma Investments LP lifted its holdings in shares of Kohl’s by 4.0% in the 4th quarter. Two Sigma Investments LP now owns 2,255,480 shares of the company’s stock worth $31,667,000 after buying an additional 87,235 shares during the period. Finally, Two Sigma Advisers LP grew its position in shares of Kohl’s by 6.0% during the 4th quarter. Two Sigma Advisers LP now owns 2,222,100 shares of the company’s stock worth $31,198,000 after buying an additional 126,600 shares in the last quarter. Hedge funds and other 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.