Kohl’s (NYSE:KSS) Releases FY25 Earnings Guidance

Kohl’s (NYSE:KSS) issued an update on its FY25 earnings guidance on Tuesday morning. The company provided EPS guidance of $1.20-1.50 for the period, compared to the consensus EPS estimate of $1.81. The company issued revenue guidance of down 7-8% yr/yr to ~$15.26-15.42 billion, compared to the consensus revenue estimate of $15.68 billion. Kohl’s also updated its FY 2024 guidance to 1.200-1.500 EPS.

Wall Street Analyst Weigh In

KSS has been the subject of a number of analyst reports. Evercore ISI lowered their price target on Kohl’s from $22.00 to $20.00 and set an “in-line” rating for the company in a research report on Thursday, August 29th. Citigroup cut their price target on shares of Kohl’s from $18.00 to $14.00 and set a “neutral” rating on the stock in a report on Wednesday. Gordon Haskett lowered shares of Kohl’s from a “hold” rating to a “reduce” rating and set a $11.00 price objective on the stock. in a research report on Tuesday. Robert W. Baird downgraded Kohl’s from an “outperform” rating to a “neutral” rating and decreased their target price for the stock from $25.00 to $18.00 in a research report on Wednesday. Finally, JPMorgan Chase & Co. cut shares of Kohl’s from a “neutral” rating to an “underweight” rating and set a $19.00 price target on the stock. in a report on Thursday, August 29th. Three research analysts have rated the stock with a sell rating, seven have issued a hold rating and one has issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $17.22.

Kohl’s Trading Down 3.2 %

NYSE KSS opened at $14.74 on Thursday. Kohl’s has a 12-month low of $14.22 and a 12-month high of $29.60. The company has a fifty day simple moving average of $18.78 and a two-hundred day simple moving average of $20.73. The company has a current ratio of 1.08, a quick ratio of 0.16 and a debt-to-equity ratio of 0.98. The stock has a market cap of $1.64 billion, a P/E ratio of 5.78, a P/E/G ratio of 1.30 and a beta of 1.94.

Kohl’s (NYSE:KSS) last issued its quarterly earnings results on Tuesday, November 26th. The company reported $0.20 earnings per share for the quarter, missing the consensus estimate of $0.28 by ($0.08). The business had revenue of $3.71 billion during the quarter, compared to analyst estimates of $3.64 billion. Kohl’s had a return on equity of 7.43% and a net margin of 1.66%. Kohl’s’s quarterly revenue was down 8.5% compared to the same quarter last year. During the same quarter last year, the company posted $0.53 EPS. On average, analysts forecast that Kohl’s will post 1.77 earnings per share for the current year.

Kohl’s Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 24th. Investors of record on Wednesday, December 11th will be given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 13.57%. The ex-dividend date is Wednesday, December 11th. Kohl’s’s dividend payout ratio is currently 78.43%.

Insider Activity

In other news, EVP Feeney Siobhan Mc sold 16,367 shares of the stock in a transaction dated Thursday, October 3rd. The shares were sold at an average price of $19.27, for a total transaction of $315,392.09. Following the sale, the executive vice president now directly owns 136,799 shares of the company’s stock, valued at $2,636,116.73. This represents a 10.69 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 0.86% of the company’s stock.

Kohl’s Company Profile

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.