Kohl’s Co. (NYSE:KSS) Receives Consensus Rating of “Reduce” from Analysts

Kohl’s Co. (NYSE:KSS) has been given a consensus rating of “Reduce” by the eleven brokerages that are covering the firm, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a sell rating and eight have given a hold rating to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $16.70.

A number of analysts have weighed in on KSS shares. Jefferies Financial Group lowered their target price on Kohl’s from $15.00 to $12.00 and set a “hold” rating for the company in a report on Tuesday, February 4th. TD Cowen decreased their price objective on Kohl’s from $20.00 to $16.00 and set a “hold” rating for the company in a report on Wednesday, November 27th. Gordon Haskett downgraded Kohl’s from a “hold” rating to a “reduce” rating and set a $11.00 target price on the stock. in a research report on Tuesday, November 26th. Telsey Advisory Group cut their target price on Kohl’s from $23.00 to $17.00 and set a “market perform” rating on the stock in a research report on Wednesday, November 27th. Finally, Citigroup cut their target price on Kohl’s from $18.00 to $14.00 and set a “neutral” rating on the stock in a research report on Wednesday, November 27th.

Kohl’s Stock Up 2.2 %

Shares of NYSE KSS opened at $12.28 on Tuesday. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.12 and a current ratio of 1.05. The firm has a market capitalization of $1.37 billion, a price-to-earnings ratio of 5.53 and a beta of 1.85. The stock has a 50 day moving average price of $13.23 and a 200 day moving average price of $16.70. Kohl’s has a 52-week low of $11.53 and a 52-week high of $29.60.

Kohl’s (NYSE:KSS) last posted its earnings results on Tuesday, November 26th. The company reported $0.20 earnings per share for the quarter, missing analysts’ consensus estimates of $0.28 by ($0.08). The company had revenue of $3.71 billion for the quarter, compared to analysts’ expectations of $3.64 billion. Kohl’s had a return on equity of 6.44% and a net margin of 1.47%. The firm’s quarterly revenue was down 8.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.53 EPS. Sell-side analysts expect that Kohl’s will post 1.3 earnings per share for the current year.

Insider Transactions at Kohl’s

In other news, EVP Feeney Siobhan Mc sold 3,827 shares of the stock in a transaction dated Friday, January 3rd. The shares were sold at an average price of $14.05, for a total transaction of $53,769.35. Following the sale, the executive vice president now directly owns 133,091 shares of the company’s stock, valued at $1,869,928.55. This represents a 2.80 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 0.86% of the company’s stock.

Institutional Investors Weigh In On Kohl’s

Hedge funds have recently modified their holdings of the company. Quadrature Capital Ltd boosted its stake in shares of Kohl’s by 151.8% during the 3rd quarter. Quadrature Capital Ltd now owns 66,744 shares of the company’s stock worth $1,408,000 after acquiring an additional 40,238 shares in the last quarter. Hussman Strategic Advisors Inc. boosted its stake in shares of Kohl’s by 66.7% during the 4th quarter. Hussman Strategic Advisors Inc. now owns 105,000 shares of the company’s stock worth $1,474,000 after acquiring an additional 42,000 shares in the last quarter. Pacer Advisors Inc. boosted its stake in shares of Kohl’s by 149.3% during the 3rd quarter. Pacer Advisors Inc. now owns 16,572,086 shares of the company’s stock worth $349,671,000 after acquiring an additional 9,925,878 shares in the last quarter. Empowered Funds LLC boosted its stake in shares of Kohl’s by 15.3% during the 4th quarter. Empowered Funds LLC now owns 451,510 shares of the company’s stock worth $6,339,000 after acquiring an additional 59,979 shares in the last quarter. Finally, Dynamic Technology Lab Private Ltd purchased a new stake in shares of Kohl’s during the 3rd quarter worth about $735,000. 98.04% of the stock is owned by hedge funds and other institutional investors.

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.