Equities research analysts expect Kohl’s Co. (NYSE:KSS) to post earnings of $0.64 per share for the current quarter, according to Zacks Investment Research. Four analysts have made estimates for Kohl’s’ earnings, with estimates ranging from $0.55 to $0.73. Kohl’s reported earnings per share of $0.01 in the same quarter last year, which would suggest a positive year-over-year growth rate of 6,300%. The firm is scheduled to issue its next earnings results on Tuesday, November 16th.
According to Zacks, analysts expect that Kohl’s will report full year earnings of $6.09 per share for the current financial year, with EPS estimates ranging from $6.01 to $6.31. For the next year, analysts expect that the business will report earnings of $6.21 per share, with EPS estimates ranging from $4.79 to $6.68. Zacks Investment Research’s EPS calculations are a mean average based on a survey of analysts that follow Kohl’s.
Kohl’s (NYSE:KSS) last released its quarterly earnings results on Wednesday, August 18th. The company reported $2.48 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.26 by $1.22. The business had revenue of $4.45 billion during the quarter, compared to analysts’ expectations of $3.99 billion. Kohl’s had a return on equity of 17.58% and a net margin of 3.94%. The firm’s revenue for the quarter was up 30.5% compared to the same quarter last year. During the same period in the previous year, the business posted ($0.25) earnings per share.
Several institutional investors have recently bought and sold shares of KSS. Boston Partners purchased a new position in Kohl’s in the first quarter worth $161,471,000. BlackRock Inc. boosted its holdings in Kohl’s by 12.0% in the first quarter. BlackRock Inc. now owns 14,818,427 shares of the company’s stock valued at $883,325,000 after purchasing an additional 1,583,353 shares during the last quarter. Holocene Advisors LP raised its position in shares of Kohl’s by 4,141.5% in the first quarter. Holocene Advisors LP now owns 1,544,554 shares of the company’s stock worth $92,071,000 after acquiring an additional 1,508,139 shares during the period. Lazard Asset Management LLC acquired a new position in shares of Kohl’s in the second quarter worth about $69,314,000. Finally, Ardevora Asset Management LLP acquired a new position in shares of Kohl’s during the 2nd quarter worth about $62,026,000. 85.16% of the stock is owned by hedge funds and other institutional investors.
Shares of KSS traded up $1.04 on Friday, hitting $52.61. The company’s stock had a trading volume of 21,160 shares, compared to its average volume of 3,525,364. The firm has a market capitalization of $7.92 billion, a price-to-earnings ratio of 11.24, a P/E/G ratio of 1.06 and a beta of 2.16. The firm’s fifty day moving average price is $53.47 and its 200-day moving average price is $56.12. The company has a quick ratio of 0.88, a current ratio of 1.71 and a debt-to-equity ratio of 0.73. Kohl’s has a fifty-two week low of $18.28 and a fifty-two week high of $64.80.
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 22nd. Shareholders of record on Wednesday, September 8th will be paid a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 1.90%. The ex-dividend date of this dividend is Tuesday, September 7th. Kohl’s’s payout ratio is currently -82.64%.
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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