Kohl’s Corporation (NYSE:KSS) Given Average Recommendation of “Reduce” by Analysts

Shares of Kohl’s Corporation (NYSE:KSS) have been assigned an average rating of “Reduce” from the sixteen research firms that are presently covering the stock, MarketBeat.com reports. Six investment analysts have rated the stock with a sell rating, eight have assigned a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $15.5455.

A number of equities analysts have weighed in on the stock. UBS Group upped their price target on shares of Kohl’s from $4.50 to $7.00 and gave the stock a “sell” rating in a research report on Wednesday, November 26th. BTIG Research reaffirmed a “neutral” rating on shares of Kohl’s in a report on Tuesday, November 25th. Citigroup raised their price target on Kohl’s from $19.00 to $23.00 and gave the company a “neutral” rating in a report on Wednesday, November 26th. Zacks Research raised Kohl’s from a “hold” rating to a “strong-buy” rating in a research note on Monday, December 1st. Finally, TD Cowen reiterated a “hold” rating on shares of Kohl’s in a research report on Wednesday, November 26th.

Insider Activity

In other news, CFO Jill Timm sold 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, December 10th. The stock was sold at an average price of $24.00, for a total value of $240,000.00. Following the completion of the sale, the chief financial officer directly owned 325,561 shares of the company’s stock, valued at $7,813,464. This trade represents a 2.98% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 1.00% of the company’s stock.

Hedge Funds Weigh In On Kohl’s

A number of large investors have recently made changes to their positions in the company. Harbor Capital Advisors Inc. purchased a new stake in shares of Kohl’s in the 3rd quarter worth $28,000. IFP Advisors Inc raised its holdings in shares of Kohl’s by 3,777.6% in the third quarter. IFP Advisors Inc now owns 1,900 shares of the company’s stock valued at $31,000 after acquiring an additional 1,851 shares in the last quarter. Caldwell Trust Co purchased a new stake in Kohl’s in the third quarter worth about $33,000. Farther Finance Advisors LLC grew its holdings in Kohl’s by 233.9% during the 4th quarter. Farther Finance Advisors LLC now owns 1,666 shares of the company’s stock worth $34,000 after acquiring an additional 1,167 shares in the last quarter. Finally, Future Financial Wealth Managment LLC increased its position in Kohl’s by 400.0% during the 3rd quarter. Future Financial Wealth Managment LLC now owns 2,500 shares of the company’s stock valued at $38,000 after purchasing an additional 2,000 shares during the period. 98.04% of the stock is owned by hedge funds and other institutional investors.

Kohl’s Price Performance

NYSE KSS opened at $17.93 on Tuesday. The business’s fifty day moving average is $21.04 and its 200 day moving average is $17.19. Kohl’s has a fifty-two week low of $6.04 and a fifty-two week high of $25.22. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.12 and a current ratio of 1.30. The company has a market capitalization of $2.01 billion, a PE ratio of 10.42 and a beta of 1.44.

Kohl’s (NYSE:KSS) last issued its quarterly earnings results on Tuesday, November 25th. The company reported $0.10 EPS for the quarter, topping analysts’ consensus estimates of ($0.19) by $0.29. Kohl’s had a return on equity of 4.30% and a net margin of 1.23%.The business had revenue of $3.58 billion during the quarter, compared to analysts’ expectations of $3.37 billion. During the same quarter in the prior year, the business posted $0.20 earnings per share. The business’s quarterly revenue was down 3.6% on a year-over-year basis. Kohl’s has set its FY 2025 guidance at 1.250-1.450 EPS. Sell-side analysts predict that Kohl’s will post 1.3 earnings per share for the current year.

Kohl’s Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 24th. Investors of record on Wednesday, December 10th were issued a $0.125 dividend. The ex-dividend date of this dividend was Wednesday, December 10th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.8%. Kohl’s’s dividend payout ratio (DPR) is 29.07%.

Kohl’s Company Profile

Kohl’s Corporation, founded in 1962 by Maxwell Kohl and headquartered in Menomonee Falls, Wisconsin, is a leading American department store retailer. The company operates approximately 1,100 stores across 49 states, offering a combination of value-oriented pricing, private-label brands and national labels. Since its initial public offering in 1992, Kohl’s has focused on broadening its product assortment and enhancing the in-store and online shopping experience.

The retailer’s merchandise portfolio spans apparel, footwear, accessories, and beauty products for women, men and children, as well as home goods, kitchenware and seasonal décor.