Kohl’s (NYSE:KSS) Upgraded at TheStreet

TheStreet upgraded shares of Kohl’s (NYSE:KSS) from a c+ rating to a b- rating in a research report released on Monday morning, TheStreetRatingsTable reports.

A number of other analysts have also recently issued reports on the company. Telsey Advisory Group cut their price objective on Kohl’s from $65.00 to $60.00 and set an outperform rating for the company in a research report on Wednesday, August 21st. Guggenheim reissued a buy rating and set a $60.00 price target (down from $70.00) on shares of Kohl’s in a report on Wednesday, August 21st. ValuEngine raised Kohl’s from a sell rating to a hold rating in a report on Wednesday, October 2nd. OTR Global cut Kohl’s to a positive rating in a report on Friday, August 2nd. Finally, UBS Group lifted their price target on Kohl’s from $47.00 to $49.00 and gave the stock a neutral rating in a report on Monday, October 21st. Three analysts have rated the stock with a sell rating, nine have given a hold rating and eight have issued a buy rating to the company’s stock. The company has a consensus rating of Hold and an average target price of $60.47.

KSS opened at $57.55 on Monday. Kohl’s has a 12-month low of $43.33 and a 12-month high of $75.91. The stock has a market cap of $9.07 billion, a price-to-earnings ratio of 10.28, a PEG ratio of 1.09 and a beta of 1.07. The business has a 50 day moving average of $51.79 and a 200-day moving average of $51.87. The company has a quick ratio of 0.36, a current ratio of 1.65 and a debt-to-equity ratio of 1.06.

Kohl’s (NYSE:KSS) last released its quarterly earnings data on Tuesday, August 20th. The company reported $1.55 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.51 by $0.04. Kohl’s had a return on equity of 15.94% and a net margin of 3.69%. The company had revenue of $4.43 billion during the quarter, compared to analysts’ expectations of $4.25 billion. During the same period last year, the firm posted $1.76 earnings per share. The business’s revenue was down 3.1% on a year-over-year basis. As a group, analysts expect that Kohl’s will post 5.22 earnings per share for the current year.

A number of large investors have recently added to or reduced their stakes in the stock. Trustcore Financial Services LLC acquired a new position in Kohl’s in the 3rd quarter valued at $25,000. Point72 Hong Kong Ltd acquired a new position in Kohl’s in the 2nd quarter valued at $26,000. TRUE Private Wealth Advisors acquired a new position in Kohl’s in the 2nd quarter valued at $33,000. Point72 Asset Management L.P. acquired a new position in Kohl’s in the 2nd quarter valued at $38,000. Finally, Institutional & Family Asset Management LLC acquired a new position in Kohl’s in the 2nd quarter valued at $48,000. 98.40% of the stock is owned by institutional investors and hedge funds.

Kohl’s Company Profile

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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Analyst Recommendations for Kohl`s (NYSE:KSS)

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