Kohl’s Co. (NYSE:KSS) Given Average Rating of “Hold” by Analysts

Shares of Kohl’s Co. (NYSE:KSS) have earned an average recommendation of “Hold” from the seven research firms that are currently covering the firm, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $24.20.

Several research analysts have issued reports on KSS shares. TD Cowen increased their price objective on Kohl’s from $28.00 to $31.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 13th. Morgan Stanley raised their price target on Kohl’s from $18.00 to $19.00 and gave the stock an “underweight” rating in a research report on Thursday, March 21st. JPMorgan Chase & Co. boosted their target price on shares of Kohl’s from $20.00 to $21.00 and gave the company a “neutral” rating in a research note on Wednesday, March 13th. Citigroup lowered their price target on shares of Kohl’s from $27.00 to $24.00 and set a “neutral” rating for the company in a report on Wednesday, March 13th. Finally, StockNews.com raised shares of Kohl’s from a “hold” rating to a “buy” rating in a research note on Friday, April 12th.

Institutional Investors Weigh In On Kohl’s

A number of institutional investors have recently added to or reduced their stakes in KSS. Headlands Technologies LLC acquired a new stake in shares of Kohl’s in the third quarter worth $25,000. CWM LLC increased its holdings in Kohl’s by 59.7% in the 4th quarter. CWM LLC now owns 1,145 shares of the company’s stock valued at $33,000 after purchasing an additional 428 shares in the last quarter. Hexagon Capital Partners LLC raised its position in Kohl’s by 133.0% in the fourth quarter. Hexagon Capital Partners LLC now owns 1,405 shares of the company’s stock valued at $40,000 after purchasing an additional 802 shares during the period. Huntington National Bank lifted its stake in shares of Kohl’s by 56.1% during the third quarter. Huntington National Bank now owns 2,081 shares of the company’s stock worth $44,000 after purchasing an additional 748 shares in the last quarter. Finally, GAMMA Investing LLC purchased a new stake in shares of Kohl’s in the fourth quarter worth about $46,000. Hedge funds and other institutional investors own 98.04% of the company’s stock.

Kohl’s Stock Up 1.0 %

Shares of NYSE:KSS opened at $24.53 on Wednesday. Kohl’s has a fifty-two week low of $17.68 and a fifty-two week high of $29.65. The company has a quick ratio of 0.20, a current ratio of 1.31 and a debt-to-equity ratio of 1.11. The firm’s 50-day simple moving average is $26.05 and its 200-day simple moving average is $25.43. The company has a market cap of $2.72 billion, a price-to-earnings ratio of 8.61, a PEG ratio of 1.37 and a beta of 1.98.

Kohl’s (NYSE:KSS) last announced its quarterly earnings data on Tuesday, March 12th. The company reported $1.67 earnings per share for the quarter, beating analysts’ consensus estimates of $1.28 by $0.39. The company had revenue of $5.71 billion for the quarter, compared to analyst estimates of $5.80 billion. Kohl’s had a return on equity of 8.40% and a net margin of 1.81%. The firm’s revenue for the quarter was down 1.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned ($2.49) EPS. As a group, equities research analysts predict that Kohl’s will post 2.24 earnings per share for the current year.

Kohl’s Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 3rd. Shareholders of record on Wednesday, March 20th were issued a $0.50 dividend. The ex-dividend date was Tuesday, March 19th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 8.15%. Kohl’s’s dividend payout ratio (DPR) is presently 70.18%.

Kohl’s Company Profile

Kohl's Corporation operates as an omnichannel retailer in the United States. It offers branded apparel, footwear, accessories, beauty, and home products through its stores and website. The company provides its products primarily under the brand names of Croft & Barrow, Jumping Beans, SO, Sonoma Goods for Life, and Tek Gear, as well as Food Network, LC Lauren Conrad, Nine West, and Simply Vera Vera Wang.