Northcoast Research started coverage on shares of Kohl's (NYSE:KSS) in a research note published on Friday morning, MarketBeat reports. The firm issued a neutral rating on the stock.
Several other brokerages also recently commented on KSS. ValuEngine upgraded shares of Kohl's from a hold rating to a buy rating in a report on Friday, December 1st. Jefferies Group reiterated a buy rating and issued a $50.00 target price on shares of Kohl's in a report on Wednesday, September 27th. Cowen reiterated a market perform rating and issued a $47.00 target price (up previously from $42.00) on shares of Kohl's in a report on Thursday, September 21st. Citigroup increased their target price on shares of Kohl's from $44.00 to $51.00 and gave the company a buy rating in a report on Thursday, September 21st. Finally, Telsey Advisory Group upgraded shares of Kohl's from a market perform rating to an outperform rating and increased their target price for the company from $43.00 to $50.00 in a report on Monday, October 9th. Six equities research analysts have rated the stock with a sell rating, ten have given a hold rating and eight have issued a buy rating to the company’s stock. Kohl's presently has an average rating of Hold and a consensus target price of $42.74.
Kohl's (NYSE KSS) opened at $49.78 on Friday. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.30 and a current ratio of 1.63. Kohl's has a 1-year low of $35.16 and a 1-year high of $59.50. The firm has a market cap of $8,363.28, a price-to-earnings ratio of 13.20, a price-to-earnings-growth ratio of 1.99 and a beta of 1.24.
Kohl's (NYSE:KSS) last released its quarterly earnings data on Thursday, November 9th. The company reported $0.70 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.72 by ($0.02). Kohl's had a return on equity of 12.72% and a net margin of 3.47%. The business had revenue of $4.33 billion for the quarter, compared to analyst estimates of $4.30 billion. During the same quarter in the previous year, the company posted $0.80 EPS. The business’s quarterly revenue was up .1% on a year-over-year basis. equities analysts forecast that Kohl's will post 3.75 EPS for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 20th. Shareholders of record on Wednesday, December 6th will be given a dividend of $0.55 per share. The ex-dividend date is Tuesday, December 5th. This represents a $2.20 dividend on an annualized basis and a yield of 4.42%. Kohl's’s dividend payout ratio is presently 58.36%.
In other Kohl's news, Director Jonas Prising bought 4,725 shares of the business’s stock in a transaction on Wednesday, November 15th. The stock was purchased at an average price of $42.35 per share, for a total transaction of $200,103.75. Following the completion of the transaction, the director now directly owns 8,661 shares of the company’s stock, valued at $366,793.35. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. 1.20% of the stock is owned by company insiders.
Large investors have recently modified their holdings of the business. Wells Fargo & Company MN boosted its position in Kohl's by 10.1% during the second quarter. Wells Fargo & Company MN now owns 4,117,215 shares of the company’s stock worth $159,213,000 after purchasing an additional 377,438 shares during the period. Strs Ohio boosted its position in Kohl's by 48.9% during the third quarter. Strs Ohio now owns 152,264 shares of the company’s stock worth $6,950,000 after purchasing an additional 50,000 shares during the period. JPMorgan Chase & Co. boosted its position in Kohl's by 1.7% during the second quarter. JPMorgan Chase & Co. now owns 10,914,565 shares of the company’s stock worth $422,066,000 after purchasing an additional 186,046 shares during the period. HGK Asset Management Inc. boosted its position in Kohl's by 5.0% during the second quarter. HGK Asset Management Inc. now owns 281,319 shares of the company’s stock worth $10,879,000 after purchasing an additional 13,470 shares during the period. Finally, Edmond DE Rothschild Holding S.A. boosted its position in Kohl's by 11.3% during the second quarter. Edmond DE Rothschild Holding S.A. now owns 89,977 shares of the company’s stock worth $3,479,000 after purchasing an additional 9,165 shares during the period.
Kohl’s Corporation (Kohl’s) is an operator of department stores. The Company operates approximately 1,154 Kohl’s department stores, a Website (www.Kohls.com), approximately 12 FILA outlets, and approximately three Off-Aisle clearance centers. The Company’s stores and Website sell moderately-priced private label and national brand apparel, footwear, accessories, beauty and home products.
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