Kohl’s (NYSE:KSS) Stock Price Expected to Rise, Telsey Advisory Group Analyst Says

Kohl’s (NYSE:KSS) had its price target raised by investment analysts at Telsey Advisory Group to $9.00 in a research note issued to investors on Wednesday, MarketBeat Ratings reports. The brokerage presently has a “market perform” rating on the stock. Telsey Advisory Group’s target price would indicate a potential downside of 44.47% from the company’s current price.

Several other equities analysts have also issued reports on the stock. JPMorgan Chase & Co. lifted their target price on shares of Kohl’s from $8.00 to $10.00 and gave the company an “underweight” rating in a report on Monday, July 28th. Robert W. Baird boosted their price objective on shares of Kohl’s from $8.00 to $9.00 and gave the stock a “neutral” rating in a report on Friday, May 30th. Wall Street Zen lowered shares of Kohl’s from a “hold” rating to a “sell” rating in a report on Sunday. Barclays boosted their price objective on shares of Kohl’s from $4.00 to $5.00 and gave the stock an “underweight” rating in a report on Friday, May 30th. Finally, The Goldman Sachs Group restated a “sell” rating on shares of Kohl’s in a report on Thursday, May 29th. One research analyst has rated the stock with a Buy rating, eight have issued a Hold rating and six have given a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Reduce” and a consensus price target of $10.25.

Kohl’s Price Performance

KSS stock opened at $16.21 on Wednesday. The firm has a 50 day moving average price of $11.08 and a 200-day moving average price of $9.49. Kohl’s has a 52-week low of $6.04 and a 52-week high of $21.39. The firm has a market capitalization of $1.82 billion, a price-to-earnings ratio of 14.87 and a beta of 1.73. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.14 and a current ratio of 1.09.

Kohl’s (NYSE:KSS) last released its earnings results on Wednesday, August 27th. The company reported $0.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.33 by $0.23. Kohl’s had a net margin of 0.75% and a return on equity of 4.71%. The firm had revenue of $3.35 billion during the quarter, compared to analyst estimates of $3.37 billion. During the same period last year, the business earned $0.59 earnings per share. The business’s revenue was down 5.0% on a year-over-year basis. Kohl’s has set its FY 2025 guidance at 0.500-0.800 EPS. Equities research analysts forecast that Kohl’s will post 1.3 EPS for the current fiscal year.

Institutional Investors Weigh In On Kohl’s

Hedge funds have recently added to or reduced their stakes in the stock. National Bank of Canada FI purchased a new stake in Kohl’s during the 1st quarter valued at $25,000. Smartleaf Asset Management LLC grew its position in shares of Kohl’s by 161.8% during the 1st quarter. Smartleaf Asset Management LLC now owns 3,053 shares of the company’s stock valued at $26,000 after acquiring an additional 1,887 shares during the period. CWM LLC increased its stake in shares of Kohl’s by 49.7% in the 1st quarter. CWM LLC now owns 4,177 shares of the company’s stock worth $34,000 after purchasing an additional 1,386 shares in the last quarter. State of Wyoming purchased a new stake in shares of Kohl’s in the 4th quarter worth $35,000. Finally, Cheviot Value Management LLC purchased a new stake in shares of Kohl’s in the 1st quarter worth $36,000. 98.04% of the stock is currently owned by hedge funds and other institutional investors.

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.