Kohl’s (KSS) Issues FY19 Earnings Guidance

Kohl’s (NYSE:KSS) updated its FY19 earnings guidance on Thursday. The company provided EPS guidance of $5.50-5.55 for the period, compared to the Thomson Reuters consensus EPS estimate of $5.51.

A number of analysts have issued reports on the stock. Cowen reiterated a buy rating and set a $82.00 price target on shares of Kohl’s in a research note on Wednesday, November 21st. ValuEngine lowered shares of Kohl’s from a buy rating to a hold rating in a research note on Tuesday, October 2nd. Credit Suisse Group cut their price target on shares of Kohl’s from $78.00 to $67.00 and set a neutral rating on the stock in a research note on Wednesday, November 21st. Piper Jaffray Companies set a $68.00 price target on shares of Kohl’s and gave the stock a hold rating in a research note on Wednesday, November 21st. Finally, Bank of America set a $80.00 price target on shares of Kohl’s and gave the stock a buy rating in a research note on Tuesday, November 20th. Two investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and nine have issued a buy rating to the company’s stock. The stock has an average rating of Hold and an average price target of $77.25.

Shares of Kohl’s stock traded down $5.02 on Thursday, reaching $64.88. 299,706 shares of the company were exchanged, compared to its average volume of 4,175,678. Kohl’s has a 1-year low of $56.75 and a 1-year high of $83.28. The company has a market cap of $10.97 billion, a PE ratio of 15.40, a P/E/G ratio of 1.80 and a beta of 0.94. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.37 and a current ratio of 1.58.

Kohl’s (NYSE:KSS) last announced its quarterly earnings data on Tuesday, November 20th. The company reported $0.98 EPS for the quarter, topping the Zacks’ consensus estimate of $0.96 by $0.02. The business had revenue of $4.37 billion during the quarter, compared to the consensus estimate of $4.36 billion. Kohl’s had a return on equity of 16.06% and a net margin of 4.94%. The business’s revenue for the quarter was up 1.3% on a year-over-year basis. During the same period in the previous year, the company posted $0.70 earnings per share. On average, sell-side analysts predict that Kohl’s will post 5.52 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 26th. Investors of record on Wednesday, December 12th were issued a $0.61 dividend. This represents a $2.44 dividend on an annualized basis and a yield of 3.76%. The ex-dividend date of this dividend was Tuesday, December 11th. Kohl’s’s dividend payout ratio (DPR) is 58.23%.

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Kohl’s Company Profile

Kohl's Corporation operates as an omni-channel retailer in the United States. Its stores and Website offer apparel, footwear, accessories, beauty, and home products. As of February 3, 2018, it operated 1,158 department stores; a Website Kohls.com; and 12 FILA outlets, and 4 Off-Aisle clearance centers.

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Earnings History and Estimates for Kohl`s (NYSE:KSS)

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