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

Shares of Kohl’s Co. (NYSE:KSS) have earned a consensus rating of “Reduce” from the eleven research firms that are covering the firm, Marketbeat Ratings reports. Three investment analysts have rated the stock with a sell recommendation and eight have issued a hold recommendation on the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $16.70.

KSS has been the topic of several analyst reports. Telsey Advisory Group lowered their target price on Kohl’s from $23.00 to $17.00 and set a “market perform” rating on the stock in a research report on Wednesday, November 27th. TD Cowen lowered their target price on Kohl’s from $20.00 to $16.00 and set a “hold” rating on the stock in a research report on Wednesday, November 27th. Robert W. Baird downgraded Kohl’s from an “outperform” rating to a “neutral” rating and lowered their target price for the company from $25.00 to $18.00 in a research report on Wednesday, November 27th. Baird R W downgraded Kohl’s from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, November 27th. Finally, Citigroup lowered their target price on Kohl’s from $18.00 to $14.00 and set a “neutral” rating on the stock in a research report on Wednesday, November 27th.

Kohl’s Stock Performance

Shares of KSS opened at $12.28 on Tuesday. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.05 and a quick ratio of 0.12. Kohl’s has a one year low of $11.53 and a one year high of $29.60. The firm has a market capitalization of $1.37 billion, a P/E ratio of 5.53 and a beta of 1.85. The business has a fifty day moving average of $13.23 and a 200 day moving average of $16.70.

Kohl’s (NYSE:KSS) last released its earnings results on Tuesday, November 26th. The company reported $0.20 earnings per share for the quarter, missing the consensus estimate of $0.28 by ($0.08). The company had revenue of $3.71 billion for the quarter, compared to analysts’ expectations of $3.64 billion. Kohl’s had a net margin of 1.47% and a return on equity of 6.44%. Kohl’s’s revenue for the quarter was down 8.5% on a year-over-year basis. During the same quarter last year, the firm posted $0.53 earnings per share. As a group, sell-side analysts anticipate that Kohl’s will post 1.3 EPS for the current year.

Insider Transactions at Kohl’s

In other news, EVP Feeney Siobhan Mc sold 3,827 shares of Kohl’s stock in a transaction dated Friday, January 3rd. The stock was sold at an average price of $14.05, for a total value of $53,769.35. Following the sale, the executive vice president now directly owns 133,091 shares of the company’s stock, valued at approximately $1,869,928.55. The trade was a 2.80 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.86% of the company’s stock.

Institutional Investors Weigh In On Kohl’s

Several large investors have recently added to or reduced their stakes in the stock. Pacer Advisors Inc. grew its stake in shares of Kohl’s by 149.3% during the third quarter. Pacer Advisors Inc. now owns 16,572,086 shares of the company’s stock valued at $349,671,000 after buying an additional 9,925,878 shares during the last quarter. Marshall Wace LLP bought a new position in shares of Kohl’s during the fourth quarter valued at approximately $19,874,000. Gate City Capital Management LLC bought a new position in shares of Kohl’s during the fourth quarter valued at approximately $12,773,000. FMR LLC grew its stake in shares of Kohl’s by 10.8% during the third quarter. FMR LLC now owns 7,576,274 shares of the company’s stock valued at $159,859,000 after buying an additional 740,398 shares during the last quarter. Finally, ExodusPoint Capital Management LP bought a new position in shares of Kohl’s during the fourth quarter valued at approximately $8,778,000. 98.04% of the stock is owned by institutional investors.

About Kohl’s

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.