Kohl’s (NYSE:KSS) Receives “Market Perform” Rating from Telsey Advisory Group

Telsey Advisory Group reaffirmed their market perform rating on shares of Kohl’s (NYSE:KSS) in a research report report published on Tuesday,Benzinga reports. Telsey Advisory Group currently has a $16.00 price target on the stock.

Several other equities analysts have also issued reports on KSS. Weiss Ratings reissued a “hold (c-)” rating on shares of Kohl’s in a research note on Wednesday, October 8th. Wall Street Zen upgraded shares of Kohl’s from a “sell” rating to a “hold” rating in a research note on Monday, September 1st. Barclays increased their price target on shares of Kohl’s from $5.00 to $8.00 and gave the stock an “underweight” rating in a research report on Thursday, August 28th. Evercore ISI lifted their price objective on shares of Kohl’s from $8.00 to $13.00 and gave the company an “in-line” rating in a report on Thursday, August 28th. Finally, Robert W. Baird upped their target price on shares of Kohl’s from $9.00 to $15.00 and gave the stock a “neutral” rating in a research note on Thursday, August 28th. One analyst has rated the stock with a Buy rating, eleven have given a Hold rating and six have assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Reduce” and a consensus price target of $12.75.

Kohl’s Price Performance

Kohl’s stock opened at $15.77 on Tuesday. The company’s 50 day simple moving average is $16.34 and its 200-day simple moving average is $12.54. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.19 and a current ratio of 1.36. Kohl’s has a 1 year low of $6.04 and a 1 year high of $21.39. The company has a market capitalization of $1.77 billion, a price-to-earnings ratio of 8.52 and a beta of 1.78.

Kohl’s (NYSE:KSS) last posted its quarterly earnings data on Wednesday, August 27th. The company reported $0.56 earnings per share for the quarter, topping analysts’ consensus estimates of $0.33 by $0.23. Kohl’s had a net margin of 1.31% and a return on equity of 4.62%. The firm had revenue of $3.35 billion during the quarter, compared to analysts’ expectations of $3.37 billion. During the same quarter last year, the company posted $0.59 EPS. The firm’s quarterly 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. As a group, equities research analysts expect that Kohl’s will post 1.3 earnings per share for the current year.

Kohl’s Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 24th. Investors of record on Wednesday, December 10th will be paid a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date is Wednesday, December 10th. Kohl’s’s dividend payout ratio is presently 27.03%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Hancock Whitney Corp purchased a new stake in shares of Kohl’s in the 3rd quarter valued at approximately $17,125,000. Virtus Advisers LLC acquired a new position in shares of Kohl’s during the third quarter worth $1,036,000. Voleon Capital Management LP increased its holdings in Kohl’s by 1,101.0% in the third quarter. Voleon Capital Management LP now owns 169,377 shares of the company’s stock valued at $2,603,000 after buying an additional 155,274 shares during the last quarter. Prelude Capital Management LLC acquired a new stake in Kohl’s in the third quarter valued at $335,000. Finally, Mariner LLC lifted its holdings in Kohl’s by 126.0% during the 3rd quarter. Mariner LLC now owns 31,122 shares of the company’s stock worth $478,000 after buying an additional 17,353 shares during the last quarter. 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.