Kohl’s (NYSE:KSS) Posts Earnings Results, Beats Expectations By $0.04 EPS

Kohl’s (NYSE:KSS) posted its quarterly earnings results on Tuesday. The company reported $1.55 earnings per share for the quarter, beating analysts’ consensus estimates of $1.51 by $0.04, Briefing.com reports. Kohl’s had a net margin of 3.91% and a return on equity of 16.74%. The company had revenue of $4.43 billion for the quarter, compared to the consensus estimate of $4.25 billion. During the same period last year, the company posted $1.76 EPS. The firm’s quarterly revenue was down 3.1% compared to the same quarter last year. Kohl’s updated its FY 2019 guidance to $5.15-5.45 EPS and its FY20 guidance to $5.15-5.45 EPS.

Shares of NYSE KSS traded down $3.32 during midday trading on Tuesday, reaching $44.88. The stock had a trading volume of 14,901,949 shares, compared to its average volume of 4,125,429. The firm has a market cap of $7.37 billion, a price-to-earnings ratio of 8.01, a price-to-earnings-growth ratio of 0.87 and a beta of 1.00. Kohl’s has a twelve month low of $43.33 and a twelve month high of $83.28. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.34 and a current ratio of 1.66. The company’s 50 day moving average price is $49.08 and its 200 day moving average price is $59.41.

Hedge funds and other institutional investors have recently modified their holdings of the company. Cullen Frost Bankers Inc. acquired a new position in shares of Kohl’s in the 1st quarter worth approximately $33,000. Princeton Capital Management LLC increased its stake in shares of Kohl’s by 94.3% in the 1st quarter. Princeton Capital Management LLC now owns 544 shares of the company’s stock valued at $37,000 after acquiring an additional 264 shares in the last quarter. Point72 Hong Kong Ltd bought a new stake in shares of Kohl’s in the 2nd quarter valued at $26,000. TRUE Private Wealth Advisors bought a new stake in shares of Kohl’s in the 2nd quarter valued at $33,000. Finally, Thor Advisors LLC bought a new stake in shares of Kohl’s in the 1st quarter valued at $50,000.



Several equities research analysts recently commented on the stock. Wedbush reiterated a “neutral” rating and set a $48.00 target price (down from $58.00) on shares of Kohl’s in a research report on Thursday, August 15th. Jefferies Financial Group cut their target price on shares of Kohl’s from $100.00 to $95.00 and set a “buy” rating on the stock in a research report on Tuesday, May 21st. ValuEngine upgraded shares of Kohl’s from a “strong sell” rating to a “sell” rating in a research report on Thursday, August 1st. TheStreet downgraded shares of Kohl’s from a “b-” rating to a “c+” rating in a research report on Tuesday, June 18th. Finally, UBS Group cut their target price on shares of Kohl’s from $72.00 to $57.00 and set a “neutral” rating on the stock in a research report on Friday, May 24th. Four investment analysts have rated the stock with a sell rating, nine have issued a hold rating and eight have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $69.11.

About Kohl’s

Kohl's Corporation operates as an omni-channel retailer in the United States. Its stores and Website offer apparel, footwear, accessories, beauty, and home products. As of February 3, 2018, it operated 1,158 department stores; a Website Kohls.com; and 12 FILA outlets, and 4 Off-Aisle clearance centers.

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Earnings History for Kohl`s (NYSE:KSS)

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