Northcoast Research started coverage on shares of Kohl's (NYSE:KSS) in a research note published on Friday. The brokerage issued a neutral rating on the stock.
KSS has been the topic of a number of other research reports. Royal Bank Of Canada set a $39.00 target price on shares of Kohl's and gave the company a sell rating in a research report on Tuesday, August 29th. BidaskClub lowered shares of Kohl's from a hold rating to a sell rating in a research report on Sunday, August 20th. ValuEngine upgraded shares of Kohl's from a hold rating to a buy rating in a research report on Friday, December 1st. Telsey Advisory Group upgraded shares of Kohl's from a market perform rating to an outperform rating and raised their target price for the company from $43.00 to $50.00 in a research report on Monday, October 9th. Finally, Robert W. Baird upgraded shares of Kohl's from a neutral rating to an outperform rating and raised their target price for the company from $46.00 to $47.00 in a research report on Friday, November 10th. Six research analysts have rated the stock with a sell rating, ten have issued a hold rating and eight have given a buy rating to the company’s stock. The stock presently has an average rating of Hold and a consensus target price of $42.74.
Shares of Kohl's (KSS) traded up $0.90 during trading hours on Friday, reaching $49.78. 2,507,211 shares of the company were exchanged, compared to its average volume of 3,979,143. The company has a market capitalization of $8,212.08, a PE ratio of 12.97, a price-to-earnings-growth ratio of 1.96 and a beta of 1.24. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.63 and a quick ratio of 0.30. Kohl's has a fifty-two week low of $35.16 and a fifty-two week high of $59.50.
Kohl's (NYSE:KSS) last issued its earnings results on Thursday, November 9th. The company reported $0.70 earnings per share for the quarter, missing analysts’ consensus estimates of $0.72 by ($0.02). Kohl's had a net margin of 3.47% and a return on equity of 12.72%. The company had revenue of $4.33 billion during the quarter, compared to analyst estimates of $4.30 billion. During the same quarter in the prior year, the business earned $0.80 EPS. The business’s quarterly revenue was up .1% on a year-over-year basis. sell-side analysts predict that Kohl's will post 3.75 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 20th. Stockholders of record on Wednesday, December 6th will be issued a dividend of $0.55 per share. The ex-dividend date is Tuesday, December 5th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 4.42%. Kohl's’s dividend payout ratio (DPR) is presently 58.36%.
In other Kohl's news, Director Jonas Prising purchased 4,725 shares of the business’s stock in a transaction dated Wednesday, November 15th. The shares were bought at an average price of $42.35 per share, for a total transaction of $200,103.75. Following the completion of the acquisition, the director now owns 8,661 shares in the company, valued at $366,793.35. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.20% of the stock is currently owned by insiders.
Several large investors have recently modified their holdings of the company. JPMorgan Chase & Co. lifted its holdings in Kohl's by 1.7% in the second quarter. JPMorgan Chase & Co. now owns 10,914,565 shares of the company’s stock valued at $422,066,000 after buying an additional 186,046 shares during the period. Dimensional Fund Advisors LP lifted its holdings in Kohl's by 6.9% in the third quarter. Dimensional Fund Advisors LP now owns 5,834,433 shares of the company’s stock valued at $266,349,000 after buying an additional 377,083 shares during the period. Northern Trust Corp lifted its holdings in Kohl's by 34.9% in the second quarter. Northern Trust Corp now owns 5,400,841 shares of the company’s stock valued at $208,851,000 after buying an additional 1,396,006 shares during the period. Wells Fargo & Company MN lifted its holdings in Kohl's by 13.7% in the third quarter. Wells Fargo & Company MN now owns 4,681,324 shares of the company’s stock valued at $213,702,000 after buying an additional 564,109 shares during the period. Finally, Skandinaviska Enskilda Banken AB publ lifted its holdings in Kohl's by 28.1% in the third quarter. Skandinaviska Enskilda Banken AB publ now owns 2,032,578 shares of the company’s stock valued at $92,787,000 after buying an additional 445,400 shares during the period.
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Kohl’s Corporation (Kohl’s) is an operator of department stores. The Company operates approximately 1,154 Kohl’s department stores, a Website (www.Kohls.com), approximately 12 FILA outlets, and approximately three Off-Aisle clearance centers. The Company’s stores and Website sell moderately-priced private label and national brand apparel, footwear, accessories, beauty and home products.
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