Kohl’s (NYSE:KSS) Rating Lowered to Hold at Gordon Haskett

Kohl’s (NYSE:KSS) was downgraded by research analysts at Gordon Haskett from a “buy” rating to a “hold” rating in a report issued on Friday. They currently have a $14.00 price objective on the stock. Gordon Haskett’s price objective would suggest a potential upside of 17.18% from the company’s current price.

Other equities research analysts also recently issued reports about the stock. Weiss Ratings restated a “hold (c-)” rating on shares of Kohl’s in a report on Thursday, January 22nd. Citigroup lowered their price objective on shares of Kohl’s from $23.00 to $20.00 and set a “neutral” rating for the company in a research note on Thursday, February 19th. Bank of America cut their target price on Kohl’s from $18.00 to $15.00 and set an “underperform” rating on the stock in a research report on Thursday, March 12th. The Goldman Sachs Group reduced their target price on Kohl’s from $15.00 to $13.00 and set a “sell” rating on the stock in a report on Wednesday, March 11th. Finally, JPMorgan Chase & Co. cut their price objective on Kohl’s from $22.00 to $15.00 and set an “underweight” rating on the stock in a report on Tuesday, March 10th. Ten equities research analysts have rated the stock with a Hold rating and six have issued a Sell rating to the stock. According to data from MarketBeat.com, Kohl’s currently has a consensus rating of “Reduce” and a consensus target price of $14.77.

Kohl’s Price Performance

Shares of NYSE:KSS opened at $11.95 on Friday. The company has a market cap of $1.34 billion, a P/E ratio of 5.06 and a beta of 1.46. The business has a fifty day simple moving average of $13.69 and a 200-day simple moving average of $17.34. Kohl’s has a 52 week low of $7.47 and a 52 week high of $25.22. The company has a quick ratio of 0.37, a current ratio of 1.46 and a debt-to-equity ratio of 0.94.

Kohl’s (NYSE:KSS) last issued its quarterly earnings results on Tuesday, March 10th. The company reported $1.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.86 by $0.21. Kohl’s had a return on equity of 4.72% and a net margin of 1.75%.The firm had revenue of $5.17 billion for the quarter, compared to analyst estimates of $5.08 billion. During the same period last year, the company earned $0.95 EPS. The firm’s quarterly revenue was down 3.9% on a year-over-year basis. Kohl’s has set its FY 2026 guidance at 1.000-1.600 EPS. Equities research analysts forecast that Kohl’s will post 1.31 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Fuller & Thaler Asset Management Inc. purchased a new stake in shares of Kohl’s during the 4th quarter valued at about $49,796,000. JPMorgan Chase & Co. boosted its holdings in Kohl’s by 3,123.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,011,182 shares of the company’s stock worth $30,912,000 after acquiring an additional 1,948,783 shares during the period. Wells Fargo & Company MN grew its position in Kohl’s by 118.0% in the fourth quarter. Wells Fargo & Company MN now owns 211,640 shares of the company’s stock valued at $4,320,000 after acquiring an additional 1,388,707 shares in the last quarter. Renaissance Technologies LLC acquired a new stake in Kohl’s in the fourth quarter valued at approximately $26,343,000. Finally, Arrowstreet Capital Limited Partnership raised its stake in shares of Kohl’s by 107.9% during the first quarter. Arrowstreet Capital Limited Partnership now owns 2,479,061 shares of the company’s stock valued at $31,980,000 after purchasing an additional 1,286,710 shares during the period. Institutional investors and hedge funds own 98.04% of the company’s stock.

About Kohl’s

Kohl’s Corporation, founded in 1962 by Maxwell Kohl and headquartered in Menomonee Falls, Wisconsin, is a leading American department store retailer. The company operates approximately 1,100 stores across 49 states, offering a combination of value-oriented pricing, private-label brands and national labels. Since its initial public offering in 1992, Kohl’s has focused on broadening its product assortment and enhancing the in-store and online shopping experience.

The retailer’s merchandise portfolio spans apparel, footwear, accessories, and beauty products for women, men and children, as well as home goods, kitchenware and seasonal décor.