Kohl's (NYSE:KSS)‘s stock had its “buy” rating reaffirmed by equities research analysts at Robert W. Baird in a report issued on Tuesday. They presently have a $61.00 price target on the stock. Robert W. Baird’s target price indicates a potential downside of 0.20% from the stock’s current price.
A number of other research analysts have also issued reports on the company. Zacks Investment Research upgraded Kohl's from a “hold” rating to a “buy” rating and set a $47.00 price objective for the company in a research report on Monday, October 16th. Telsey Advisory Group raised Kohl's from a “market perform” rating to an “outperform” rating and boosted their price objective for the stock from $43.00 to $50.00 in a research note on Monday, October 9th. Royal Bank of Canada reissued a “sell” rating on shares of Kohl's in a research note on Sunday, November 12th. Northcoast Research started coverage on Kohl's in a research note on Friday, December 8th. They issued a “neutral” rating on the stock. Finally, ValuEngine raised Kohl's from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. Six investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and seven have issued a buy rating to the company. Kohl's presently has a consensus rating of “Hold” and an average price target of $48.00.
Kohl's (KSS) traded up $2.28 during midday trading on Tuesday, hitting $61.12. The stock had a trading volume of 4,852,450 shares, compared to its average volume of 5,535,781. The firm has a market cap of $10,270.00, a price-to-earnings ratio of 16.21, a P/E/G ratio of 2.16 and a beta of 1.24. Kohl's has a fifty-two week low of $35.16 and a fifty-two week high of $61.16. The company has a quick ratio of 0.30, a current ratio of 1.63 and a debt-to-equity ratio of 0.88.
Kohl's (NYSE:KSS) last announced its earnings results on Thursday, November 9th. The company reported $0.70 EPS for the quarter, missing the consensus estimate 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 for the quarter, compared to analysts’ expectations of $4.30 billion. During the same quarter in the previous year, the business posted $0.80 earnings per share. The business’s quarterly revenue was up .1% compared to the same quarter last year. equities analysts expect that Kohl's will post 3.77 earnings per share for the current fiscal year.
In other Kohl's news, Director Jonas Prising purchased 4,725 shares of the company’s stock in a transaction that occurred on Wednesday, November 15th. The shares were purchased at an average cost of $42.35 per share, with a total value of $200,103.75. Following the completion of the transaction, the director now owns 8,661 shares of the company’s stock, valued at $366,793.35. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Stephanie A. Streeter sold 4,173 shares of the company’s stock in a transaction on Friday, December 22nd. The shares were sold at an average price of $53.85, for a total value of $224,716.05. Following the transaction, the director now directly owns 21,960 shares in the company, valued at $1,182,546. The disclosure for this sale can be found here. 1.20% of the stock is currently owned by insiders.
Large investors have recently bought and sold shares of the stock. VNBTrust National Association purchased a new position in Kohl's in the fourth quarter valued at about $212,000. Raymond James Trust N.A. purchased a new position in Kohl's in the third quarter valued at about $200,000. Keybank National Association OH purchased a new position in Kohl's in the third quarter valued at about $207,000. Ingalls & Snyder LLC purchased a new position in Kohl's in the third quarter valued at about $219,000. Finally, Steward Partners Investment Advisory LLC purchased a new position in Kohl's in the third quarter valued at about $221,000.
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Kohl's Company Profile
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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