Kohl's (NYSE:KSS)‘s stock had its “buy” rating reaffirmed by stock analysts at Jefferies Group in a research note issued on Friday. They currently have a $100.00 price target on the stock. Jefferies Group’s target price would indicate a potential upside of 54.20% from the company’s current price.
Several other equities research analysts have also issued reports on KSS. Cowen reaffirmed a “market perform” rating and set a $47.00 target price (up from $42.00) on shares of Kohl's in a research report on Thursday, September 21st. Citigroup raised their target price on Kohl's from $44.00 to $51.00 and gave the company a “buy” rating in a research report on Thursday, September 21st. ValuEngine raised Kohl's from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. Telsey Advisory Group raised 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, Zacks Investment Research raised Kohl's from a “hold” rating to a “buy” rating and set a $47.00 target price for the company in a research report on Monday, October 16th. Five investment analysts have rated the stock with a sell rating, twelve have given a hold rating and nine have issued a buy rating to the company. Kohl's currently has a consensus rating of “Hold” and a consensus price target of $54.10.
Kohl's (KSS) traded up $0.26 during midday trading on Friday, reaching $64.85. The company had a trading volume of 2,848,800 shares, compared to its average volume of 5,212,117. The stock has a market cap of $10,900.00, a price-to-earnings ratio of 17.20, a P/E/G ratio of 2.38 and a beta of 1.24. Kohl's has a twelve month low of $35.16 and a twelve month high of $65.23. 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 (NYSE:KSS) last released its quarterly earnings results on Thursday, November 9th. The company reported $0.70 EPS for the quarter, missing analysts’ consensus estimates of $0.72 by ($0.02). The company had revenue of $4.33 billion during the quarter, compared to analysts’ expectations of $4.30 billion. Kohl's had a net margin of 3.47% and a return on equity of 12.72%. The company’s quarterly revenue was up .1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.80 earnings per share. research analysts anticipate that Kohl's will post 4.07 EPS for the current fiscal year.
In other Kohl's news, Director Stephanie A. Streeter sold 4,173 shares of the firm’s stock in a transaction dated Friday, December 22nd. The stock was sold at an average price of $53.85, for a total value of $224,716.05. Following the completion of the transaction, the director now owns 21,960 shares in the company, valued at approximately $1,182,546. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Jonas Prising bought 4,725 shares of the business’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 purchase, the director now owns 8,661 shares in the company, valued at $366,793.35. The disclosure for this purchase can be found here. 1.20% of the stock is owned by company insiders.
Several institutional investors and hedge funds have recently modified their holdings of the company. Dimensional Fund Advisors LP boosted its position in shares of Kohl's by 6.9% during the 3rd quarter. Dimensional Fund Advisors LP now owns 5,834,433 shares of the company’s stock valued at $266,349,000 after acquiring an additional 377,083 shares during the last quarter. Northern Trust Corp boosted its position in shares of Kohl's by 34.9% during the 2nd quarter. Northern Trust Corp now owns 5,400,841 shares of the company’s stock valued at $208,851,000 after acquiring an additional 1,396,006 shares during the last quarter. Wells Fargo & Company MN boosted its position in shares of Kohl's by 13.7% during the 3rd quarter. Wells Fargo & Company MN now owns 4,681,324 shares of the company’s stock valued at $213,702,000 after acquiring an additional 564,109 shares during the last quarter. Skandinaviska Enskilda Banken AB publ boosted its position in shares of Kohl's by 28.1% during the 3rd quarter. Skandinaviska Enskilda Banken AB publ now owns 2,032,578 shares of the company’s stock valued at $92,787,000 after acquiring an additional 445,400 shares during the last quarter. Finally, Schroder Investment Management Group boosted its position in shares of Kohl's by 9.6% during the 3rd quarter. Schroder Investment Management Group now owns 1,725,757 shares of the company’s stock valued at $79,282,000 after acquiring an additional 151,357 shares during the last quarter.
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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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