Kohl’s (NYSE:KSS) Issues FY 2021 Earnings Guidance

Kohl’s (NYSE:KSS) issued an update on its FY 2021 earnings guidance on Thursday morning. The company provided EPS guidance of $7.100-$7.300 for the period, compared to the Thomson Reuters consensus EPS estimate of $6.080. The company issued revenue guidance of -.

Shares of KSS traded down $0.86 during mid-day trading on Thursday, hitting $55.32. 4,779,107 shares of the company’s stock were exchanged, compared to its average volume of 3,600,657. The company has a market cap of $8.33 billion, a PE ratio of 8.62, a P/E/G ratio of 0.99 and a beta of 2.16. Kohl’s has a 52 week low of $31.25 and a 52 week high of $64.80. The company has a 50-day simple moving average of $52.16 and a 200 day simple moving average of $53.64. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.49 and a quick ratio of 0.57.

Kohl’s (NYSE:KSS) last issued its quarterly earnings results on Thursday, November 18th. The company reported $1.65 earnings per share for the quarter, topping the consensus estimate of $0.64 by $1.01. The company had revenue of $4.60 billion during the quarter, compared to analysts’ expectations of $4.27 billion. Kohl’s had a net margin of 5.15% and a return on equity of 22.21%. The business’s quarterly revenue was up 15.6% on a year-over-year basis. During the same period last year, the business earned $0.01 EPS. On average, analysts anticipate that Kohl’s will post 7.2 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 22nd. Stockholders of record on Wednesday, December 8th will be paid a dividend of $0.25 per share. The ex-dividend date is Tuesday, December 7th. This represents a $1.00 annualized dividend and a dividend yield of 1.81%. Kohl’s’s dividend payout ratio is currently 15.58%.

KSS has been the subject of several research reports. Cowen raised their price target on shares of Kohl’s from $67.00 to $73.00 and gave the stock an outperform rating in a research note on Friday, November 19th. Citigroup raised their target price on shares of Kohl’s from $67.00 to $73.00 and gave the company a buy rating in a research note on Friday, November 19th. Wedbush reissued a neutral rating on shares of Kohl’s in a research note on Friday, August 27th. TheStreet raised shares of Kohl’s from a c+ rating to a b- rating in a research note on Tuesday, November 16th. Finally, Telsey Advisory Group raised their target price on shares of Kohl’s from $63.00 to $69.00 and gave the company a market perform rating in a research note on Friday, November 19th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of Hold and a consensus price target of $64.50.

Kohl’s Company Profile

Kohl’s Corp. engages in the operation of family-oriented department stores. Its business line includes apparel, footwear, and accessories for women, men, and children; home products; beauty products; and accessories. The firm stores generally carry a consistent merchandise assortment with some differences attributable to regional preferences.

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

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