Kohl’s (NYSE:KSS) Releases FY 2021 Earnings Guidance

Kohl’s (NYSE:KSS) updated its FY 2021 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of $7.100-$7.300 for the period, compared to the Thomson Reuters consensus estimate of $6.080. The company issued revenue guidance of -.

A number of research firms recently issued reports on KSS. UBS Group increased their target price on Kohl’s from $62.00 to $66.00 and gave the stock a neutral rating in a research note on Friday, November 19th. Jefferies Financial Group upped their price target on Kohl’s from $73.00 to $75.00 and gave the stock a buy rating in a research report on Friday, November 19th. Wedbush reaffirmed a neutral rating on shares of Kohl’s in a research report on Friday, August 27th. Credit Suisse Group raised their price target on Kohl’s from $61.00 to $70.00 and gave the company a neutral rating in a report on Friday, November 19th. Finally, Zacks Investment Research downgraded Kohl’s from a buy rating to a hold rating and set a $50.00 price target for the company. in a report on Thursday, October 21st. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of Hold and a consensus target price of $64.50.

Shares of NYSE KSS opened at $55.32 on Thursday. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.57 and a current ratio of 1.49. Kohl’s has a 52 week low of $31.25 and a 52 week high of $64.80. The stock has a market capitalization of $8.33 billion, a P/E ratio of 8.62, a PEG ratio of 0.99 and a beta of 2.16. The stock’s fifty day moving average is $52.16 and its 200 day moving average is $53.64.

Kohl’s (NYSE:KSS) last issued its quarterly earnings results on Thursday, November 18th. The company reported $1.65 EPS for the quarter, topping the Zacks’ consensus estimate of $0.64 by $1.01. Kohl’s had a return on equity of 22.21% and a net margin of 5.15%. The company had revenue of $4.60 billion for the quarter, compared to analysts’ expectations of $4.27 billion. During the same quarter last year, the business earned $0.01 earnings per share. Kohl’s’s revenue was up 15.6% on a year-over-year basis. Equities research analysts forecast that Kohl’s will post 7.2 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 22nd. Investors of record on Wednesday, December 8th will be given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.81%. The ex-dividend date is Tuesday, December 7th. Kohl’s’s payout ratio is currently 15.58%.

About Kohl’s

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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Earnings History and Estimates for Kohl's (NYSE:KSS)

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