Kohl’s Co. (NYSE:KSS) Receives Average Recommendation of “Hold” from Analysts

Shares of Kohl’s Co. (NYSE:KSS) have received an average recommendation of “Hold” from the seven brokerages that are presently covering the company, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, three have given a hold recommendation and two have given a buy recommendation to the company. The average 12-month target price among brokers that have covered the stock in the last year is $23.50.

A number of research analysts have weighed in on the stock. TD Cowen lifted their price target on shares of Kohl’s from $28.00 to $31.00 and gave the company an “outperform” rating in a research report on Wednesday, March 13th. Telsey Advisory Group reaffirmed a “market perform” rating and set a $28.00 price target on shares of Kohl’s in a research report on Thursday. Morgan Stanley increased their price target on Kohl’s from $18.00 to $19.00 and gave the company an “underweight” rating in a report on Thursday, March 21st. Citigroup reduced their price objective on Kohl’s from $27.00 to $24.00 and set a “neutral” rating on the stock in a research note on Wednesday, March 13th. Finally, JPMorgan Chase & Co. increased their target price on Kohl’s from $21.00 to $25.00 and gave the company a “neutral” rating in a research note on Friday, May 17th.

Kohl’s Stock Performance

NYSE:KSS opened at $26.49 on Friday. The company has a market cap of $2.94 billion, a P/E ratio of 9.29, a P/E/G ratio of 1.46 and a beta of 2.01. The firm’s 50 day moving average is $25.22 and its two-hundred day moving average is $25.87. 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.

Kohl’s (NYSE:KSS) last issued its earnings results 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 firm had revenue of $5.71 billion for the quarter, compared to analysts’ expectations 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 last year, the firm earned ($2.49) earnings per share. Analysts expect that Kohl’s will post 2.24 EPS for the current year.

Kohl’s Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 26th. Stockholders of record on Wednesday, June 12th will be given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 7.55%. The ex-dividend date of this dividend is Wednesday, June 12th. Kohl’s’s payout ratio is currently 70.18%.

Institutional Investors Weigh In On Kohl’s

A number of institutional investors have recently modified their holdings of KSS. EMC Capital Management increased its holdings in shares of Kohl’s by 231.8% in the 1st quarter. EMC Capital Management now owns 7,891 shares of the company’s stock valued at $230,000 after acquiring an additional 5,513 shares during the last quarter. Hancock Whitney Corp acquired a new position in shares of Kohl’s during the first quarter valued at $1,708,000. Tidal Investments LLC grew its position in shares of Kohl’s by 23.0% during the first quarter. Tidal Investments LLC now owns 15,942 shares of the company’s stock worth $465,000 after acquiring an additional 2,982 shares during the last quarter. Whitebox Advisors LLC increased its holdings in shares of Kohl’s by 2.2% in the 1st quarter. Whitebox Advisors LLC now owns 45,770 shares of the company’s stock worth $1,334,000 after acquiring an additional 1,000 shares during the period. Finally, Hyperion Capital Advisors LP bought a new stake in Kohl’s in the 1st quarter valued at about $283,000. Institutional investors and hedge funds own 98.04% of the company’s stock.

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.