Kohl's Co. (NYSE:KSS) – Equities research analysts at Jefferies Group lifted their FY2018 EPS estimates for shares of Kohl's in a report issued on Tuesday, according to Zacks Investment Research. Jefferies Group analyst R. Konik now forecasts that the company will post earnings per share of $4.06 for the year, up from their prior forecast of $3.70. Jefferies Group currently has a “Buy” rating and a $100.00 target price on the stock. Jefferies Group also issued estimates for Kohl's’ Q4 2018 earnings at $1.89 EPS and FY2019 earnings at $4.44 EPS.
Several other brokerages have also weighed in on KSS. Guggenheim restated a “buy” rating and issued a $75.00 price objective (up from $60.00) on shares of Kohl's in a report on Wednesday. Zacks Investment Research upgraded shares of Kohl's from a “hold” rating to a “buy” rating and set a $71.00 price objective on the stock in a report on Wednesday, January 17th. Robert W. Baird set a $70.00 price objective on shares of Kohl's and gave the company a “buy” rating in a report on Tuesday, January 16th. They noted that the move was a valuation call. JPMorgan Chase & Co. upgraded shares of Kohl's from a “neutral” rating to an “overweight” rating and increased their target price for the stock from $51.00 to $72.00 in a report on Friday, January 12th. Finally, Royal Bank of Canada upgraded shares of Kohl's from an “underperform” rating to a “sector perform” rating and set a $60.00 target price on the stock in a report on Friday, January 12th. Five investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and nine have issued a buy rating to the company’s stock. Kohl's presently has a consensus rating of “Hold” and an average target price of $54.81.
Kohl's (NYSE KSS) opened at $63.47 on Thursday. Kohl's has a twelve month low of $35.16 and a twelve month high of $69.14. The firm has a market cap of $10,660.00, a P/E ratio of 16.84, a P/E/G ratio of 2.11 and a beta of 1.35. 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 quarterly earnings data on Thursday, November 9th. The company reported $0.70 earnings per share 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 in the prior year, the company earned $0.80 earnings per share. The company’s quarterly revenue was up .1% on a year-over-year basis.
In related 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 transaction of $224,716.05. Following the sale, the director now directly owns 21,960 shares in the company, valued at $1,182,546. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Jonas Prising acquired 4,725 shares of the company’s stock in a transaction that occurred on 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 of the company’s stock, valued at $366,793.35. The disclosure for this purchase can be found here. Company insiders own 1.20% of the company’s stock.
A number of institutional investors have recently added to or reduced their stakes in KSS. Cerebellum GP LLC bought a new position in Kohl's in the fourth quarter valued at $121,000. Raymond James Trust N.A. bought a new position in Kohl's in the third quarter valued at $200,000. CIBC World Markets Inc. bought a new position in Kohl's in the fourth quarter valued at $202,000. Keybank National Association OH bought a new position in Kohl's in the third quarter valued at $207,000. Finally, VNBTrust National Association bought a new position in Kohl's in the fourth quarter valued at $212,000.
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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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