Stock analysts at Northcoast Research started coverage on shares of Kohl's (NYSE:KSS) in a note issued to investors on Friday, December 8th, MarketBeat.com reports. The firm set a “neutral” rating on the stock.
Other research analysts have also recently issued research reports about the stock. Royal Bank of Canada set a $39.00 target price on shares of Kohl's and gave the stock a “sell” rating in a report on Tuesday, August 29th. BidaskClub cut shares of Kohl's from a “hold” rating to a “sell” rating in a report on Sunday, August 20th. ValuEngine raised shares of Kohl's from a “hold” rating to a “buy” rating in a report on Friday, December 1st. Telsey Advisory Group upgraded shares of Kohl's from a “market perform” rating to an “outperform” rating and raised their price target for the company from $43.00 to $50.00 in a research report on Monday, October 9th. Finally, Robert W. Baird upgraded shares of Kohl's from a “neutral” rating to an “outperform” rating and raised their price target for the company from $46.00 to $47.00 in a research report on Friday, November 10th. Six investment analysts have rated the stock with a sell rating, ten have given a hold rating and eight have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $43.26.
Shares of Kohl's (NYSE KSS) traded up $56.35 on Friday, reaching $56.35. 4,752,500 shares of the company’s stock traded hands, compared to its average volume of 3,890,150. The firm has a market capitalization of $9,470.00, a P/E ratio of 14.95, a price-to-earnings-growth ratio of 2.17 and a beta of 1.24. Kohl's has a 52 week low of $35.16 and a 52 week high of $57.28. The company has a current ratio of 1.63, a quick ratio of 0.30 and a debt-to-equity ratio of 0.88.
Kohl's (NYSE:KSS) last posted its quarterly earnings results on Thursday, November 9th. The company reported $0.70 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.72 by ($0.02). The company had revenue of $4.33 billion during the quarter, compared to analysts’ expectations of $4.30 billion. Kohl's had a return on equity of 12.72% and a net margin of 3.47%. The company’s quarterly revenue was up .1% on a year-over-year basis. During the same period in the prior year, the business posted $0.80 EPS. research analysts anticipate that Kohl's will post 3.75 earnings per share for the current fiscal year.
In other news, Director Jonas Prising bought 4,725 shares of Kohl's stock in a transaction on Wednesday, November 15th. The shares were bought at an average cost of $42.35 per share, with a total value of $200,103.75. Following the completion of the purchase, the director now directly owns 8,661 shares of the company’s stock, valued at $366,793.35. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Stephanie A. Streeter sold 4,173 shares of Kohl's stock in a transaction dated Friday, December 22nd. The stock was sold at an average price of $53.85, for a total transaction of $224,716.05. Following the transaction, the director now directly owns 21,960 shares in the company, valued at $1,182,546. The disclosure for this sale can be found here. 1.20% of the stock is owned by insiders.
Institutional investors have recently added to or reduced their stakes in the company. Balyasny Asset Management LLC increased its stake in Kohl's by 28,709.6% during the 2nd quarter. Balyasny Asset Management LLC now owns 1,667,786 shares of the company’s stock worth $64,493,000 after buying an additional 1,661,997 shares during the period. Northern Trust Corp increased its stake in Kohl's by 34.9% during the 2nd quarter. Northern Trust Corp now owns 5,400,841 shares of the company’s stock worth $208,851,000 after buying an additional 1,396,006 shares during the period. Alyeska Investment Group L.P. purchased a new stake in Kohl's during the 3rd quarter worth approximately $46,574,000. Royal Bank of Canada increased its stake in Kohl's by 220.4% during the 2nd quarter. Royal Bank of Canada now owns 460,527 shares of the company’s stock worth $17,810,000 after buying an additional 843,101 shares during the period. Finally, Parametric Portfolio Associates LLC increased its stake in Kohl's by 115.2% during the 2nd quarter. Parametric Portfolio Associates LLC now owns 1,220,851 shares of the company’s stock worth $47,210,000 after buying an additional 653,659 shares during the period.
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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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