Kohl’s Co. (NYSE:KSS) Given Average Rating of “Hold” by Analysts

Kohl’s Co. (NYSE:KSS) has been assigned a consensus recommendation of “Hold” from the eight research firms that are presently covering the company, MarketBeat.com reports. Two investment analysts have rated the stock with a sell recommendation, four have given a hold recommendation and two have assigned a buy recommendation to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $22.44.

A number of research firms have recently issued reports on KSS. Robert W. Baird dropped their price target on Kohl’s from $32.00 to $27.00 and set an “outperform” rating for the company in a research report on Friday, May 31st. JPMorgan Chase & Co. cut their target price on Kohl’s from $25.00 to $20.00 and set a “neutral” rating for the company in a research note on Friday, May 31st. Telsey Advisory Group reissued a “market perform” rating and set a $28.00 price target on shares of Kohl’s in a research report on Thursday, May 30th. Evercore ISI cut their price objective on shares of Kohl’s from $24.00 to $22.00 and set an “in-line” rating for the company in a research report on Friday, May 31st. Finally, StockNews.com lowered shares of Kohl’s from a “buy” rating to a “hold” rating in a report on Friday, May 31st.

Kohl’s Price Performance

NYSE:KSS opened at $19.96 on Friday. The firm has a market cap of $2.22 billion, a P/E ratio of 8.04, a price-to-earnings-growth ratio of 1.90 and a beta of 1.95. The stock has a 50 day moving average of $22.17 and a two-hundred day moving average of $24.66. Kohl’s has a 12 month low of $17.68 and a 12 month high of $29.60. The company has a current ratio of 1.21, a quick ratio of 0.19 and a debt-to-equity ratio of 1.12.

Kohl’s (NYSE:KSS) last announced its quarterly earnings data on Thursday, May 30th. The company reported ($0.24) earnings per share for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.28). The firm had revenue of $3.20 billion during the quarter, compared to analysts’ expectations of $3.41 billion. Kohl’s had a net margin of 1.60% and a return on equity of 7.27%. The company’s revenue for the quarter was down 10.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.13 EPS. On average, analysts expect that Kohl’s will post 1.38 earnings per share for the current fiscal year.

Kohl’s Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Wednesday, June 12th were paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 10.02%. The ex-dividend date was Wednesday, June 12th. Kohl’s’s payout ratio is 80.65%.

Hedge Funds Weigh In On Kohl’s

Several institutional investors have recently bought and sold shares of KSS. CWM LLC increased its stake in Kohl’s by 59.7% during the 4th quarter. CWM LLC now owns 1,145 shares of the company’s stock worth $33,000 after buying an additional 428 shares during the period. Security National Bank acquired a new stake in shares of Kohl’s in the 2nd quarter valued at $34,000. Hexagon Capital Partners LLC lifted its position in shares of Kohl’s by 133.0% during the 4th quarter. Hexagon Capital Partners LLC now owns 1,405 shares of the company’s stock worth $40,000 after purchasing an additional 802 shares during the last quarter. GAMMA Investing LLC acquired a new position in shares of Kohl’s during the fourth quarter worth $46,000. Finally, Register Financial Advisors LLC acquired a new stake in Kohl’s in the first quarter valued at $54,000. 98.04% of the stock is owned by institutional investors and hedge funds.

About Kohl’s

Kohl's Corporation operates as an omnichannel retailer in the United States. It offers branded apparel, footwear, accessories, beauty, and home products through its stores and website. The company provides its products primarily under the brand names of Croft & Barrow, Jumping Beans, SO, Sonoma Goods for Life, and Tek Gear, as well as Food Network, LC Lauren Conrad, Nine West, and Simply Vera Vera Wang.