Kohl’s (NYSE:KSS) Cut to “Hold” at Wall Street Zen

Kohl’s (NYSE:KSS) was downgraded by Wall Street Zen from a “buy” rating to a “hold” rating in a report released on Saturday.

Other equities analysts also recently issued reports about the stock. UBS Group boosted their price target on shares of Kohl’s from $4.50 to $7.00 and gave the stock a “sell” rating in a report on Wednesday, November 26th. BTIG Research reaffirmed a “neutral” rating on shares of Kohl’s in a research report on Tuesday, November 25th. Gordon Haskett raised shares of Kohl’s from an “accumulate” rating to a “buy” rating in a research report on Tuesday, November 25th. Telsey Advisory Group restated a “market perform” rating and set a $23.00 price target (up previously from $16.00) on shares of Kohl’s in a research note on Tuesday, November 25th. Finally, Jefferies Financial Group started coverage on Kohl’s in a research note on Wednesday, January 14th. They issued a “hold” rating and a $22.00 price objective on the stock. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, eight have given a Hold rating and six have given a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Reduce” and a consensus target price of $15.55.

Kohl’s Price Performance

Shares of NYSE KSS opened at $19.85 on Friday. The company has a market capitalization of $2.23 billion, a PE ratio of 11.54 and a beta of 1.44. The company has a quick ratio of 0.12, a current ratio of 1.30 and a debt-to-equity ratio of 0.99. The stock’s 50 day moving average price is $20.09 and its 200-day moving average price is $17.50. Kohl’s has a twelve month low of $6.04 and a twelve month high of $25.22.

Kohl’s (NYSE:KSS) last issued its quarterly earnings results on Tuesday, November 25th. The company reported $0.10 EPS for the quarter, beating 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 company had revenue of $3.58 billion during the quarter, compared to the consensus estimate of $3.37 billion. During the same period last year, the business posted $0.20 earnings per share. Kohl’s’s 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. On average, equities analysts anticipate that Kohl’s will post 1.3 EPS for the current year.

Insider Activity at Kohl’s

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

Institutional Investors Weigh In On Kohl’s

Institutional investors have recently made changes to their positions in the stock. Y Intercept Hong Kong Ltd boosted its stake in Kohl’s by 221.5% in the 3rd quarter. Y Intercept Hong Kong Ltd now owns 143,376 shares of the company’s stock worth $2,204,000 after purchasing an additional 98,778 shares during the period. Federated Hermes Inc. purchased a new stake in shares of Kohl’s in the third quarter worth about $5,198,000. Quantbot Technologies LP bought a new position in shares of Kohl’s in the second quarter valued at approximately $1,324,000. Corton Capital Inc. boosted its position in shares of Kohl’s by 223.7% in the second quarter. Corton Capital Inc. now owns 50,636 shares of the company’s stock valued at $429,000 after acquiring an additional 34,992 shares during the period. Finally, TriaGen Wealth Management LLC purchased a new position in Kohl’s during the third quarter valued at approximately $730,000. Hedge funds and other institutional investors own 98.04% of the company’s stock.

About Kohl’s

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.