Kohl's (NYSE:KSS) has been given a $55.00 price target by equities research analysts at Piper Jaffray Companies in a report released on Wednesday. The firm presently has a “hold” rating on the stock. Piper Jaffray Companies’ target price would suggest a potential downside of 10.01% from the stock’s current price.
Other equities analysts have also recently issued reports about the stock. Gordon Haskett upgraded shares of Kohl's from a “hold” rating to an “accumulate” rating in a research report on Thursday, November 9th. Robert W. Baird set a $57.00 price objective on shares of Kohl's and gave the stock a “buy” rating in a research report on Monday, December 25th. Jefferies Group reiterated a “buy” rating on shares of Kohl's in a research report on Monday, December 18th. ValuEngine upgraded shares of Kohl's from a “hold” rating to a “buy” rating in a research report on Friday, December 1st. Finally, Zacks Investment Research upgraded shares of 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. 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. The stock currently has an average rating of “Hold” and an average price target of $48.00.
Kohl's (NYSE:KSS) opened at $61.12 on Wednesday. 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 12-month low of $35.16 and a 12-month high of $61.16. The stock has a market cap of $10,270.00, a P/E ratio of 16.21, a price-to-earnings-growth ratio of 2.16 and a beta of 1.24.
Kohl's (NYSE:KSS) last announced its quarterly earnings results on Thursday, November 9th. The company reported $0.70 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ 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 business had revenue of $4.33 billion during the quarter, compared to analyst estimates of $4.30 billion. During the same quarter last year, the company posted $0.80 earnings per share. The company’s revenue was up .1% compared to the same quarter last year. equities research analysts predict that Kohl's will post 3.77 earnings per share for the current year.
In other Kohl's news, Director Stephanie A. Streeter sold 4,173 shares of the firm’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 completion of the sale, the director now directly owns 21,960 shares in the company, valued at $1,182,546. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Jonas Prising purchased 4,725 shares of Kohl's stock in a transaction on Wednesday, November 15th. The stock was bought at an average price of $42.35 per share, with a total value of $200,103.75. Following the completion of the acquisition, the director now directly owns 8,661 shares of the company’s stock, valued at approximately $366,793.35. The disclosure for this purchase can be found here. Company insiders own 1.20% of the company’s stock.
Large investors have recently bought and sold shares of the business. Strs Ohio grew its holdings in Kohl's by 48.9% in the third quarter. Strs Ohio now owns 152,264 shares of the company’s stock worth $6,950,000 after purchasing an additional 50,000 shares during the period. Edmond DE Rothschild Holding S.A. grew its holdings in Kohl's by 11.3% in the second quarter. Edmond DE Rothschild Holding S.A. now owns 89,977 shares of the company’s stock worth $3,479,000 after purchasing an additional 9,165 shares during the period. U S Global Investors Inc. acquired a new stake in Kohl's in the second quarter worth $528,000. Korea Investment CORP grew its holdings in Kohl's by 47.2% in the third quarter. Korea Investment CORP now owns 356,600 shares of the company’s stock worth $16,279,000 after purchasing an additional 114,300 shares during the period. Finally, State of Wisconsin Investment Board grew its holdings in Kohl's by 10.1% in the third quarter. State of Wisconsin Investment Board now owns 174,501 shares of the company’s stock worth $7,966,000 after purchasing an additional 16,069 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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