Kohl’s (NYSE:KSS) Sets New 12-Month Low – What’s Next?

Kohl’s Co. (NYSE:KSS) reached a new 52-week low on Thursday . The stock traded as low as $11.36 and last traded at $11.37, with a volume of 6592830 shares trading hands. The stock had previously closed at $11.95.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the stock. Telsey Advisory Group decreased their target price on shares of Kohl’s from $23.00 to $17.00 and set a “market perform” rating for the company in a research note on Wednesday, November 27th. Citigroup dropped their target price on Kohl’s from $18.00 to $14.00 and set a “neutral” rating on the stock in a report on Wednesday, November 27th. Guggenheim lowered shares of Kohl’s from a “buy” rating to a “neutral” rating in a research note on Monday, December 2nd. Baird R W downgraded shares of Kohl’s from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 27th. Finally, Gordon Haskett cut shares of Kohl’s from a “hold” rating to a “reduce” rating and set a $11.00 price target on the stock. in a report on Tuesday, November 26th. Three equities research analysts have rated the stock with a sell rating and nine have given a hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $16.70.

Kohl’s Stock Down 4.8 %

The company has a market cap of $1.27 billion, a PE ratio of 5.12 and a beta of 1.85. The company has a quick ratio of 0.12, a current ratio of 1.05 and a debt-to-equity ratio of 0.97. The company’s fifty day moving average is $13.11 and its 200-day moving average is $16.55.

Kohl’s (NYSE:KSS) last issued its quarterly earnings data on Tuesday, November 26th. The company reported $0.20 EPS for the quarter, missing the consensus estimate of $0.28 by ($0.08). The firm had revenue of $3.71 billion during the quarter, compared to the consensus estimate of $3.64 billion. Kohl’s had a return on equity of 6.44% and a net margin of 1.47%. The business’s revenue was down 8.5% on a year-over-year basis. During the same period in the previous year, the firm earned $0.53 EPS. On average, analysts predict that Kohl’s Co. will post 1.3 EPS for the current year.

Insider Buying and Selling at Kohl’s

In related news, EVP Feeney Siobhan Mc sold 3,827 shares of the company’s stock in a transaction on Friday, January 3rd. The shares were sold at an average price of $14.05, for a total transaction of $53,769.35. Following the completion of the transaction, the executive vice president now owns 133,091 shares in the company, valued at approximately $1,869,928.55. This represents a 2.80 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.86% of the company’s stock.

Institutional Trading of Kohl’s

Hedge funds have recently bought and sold shares of the stock. CTC Alternative Strategies Ltd. purchased a new position in shares of Kohl’s in the 4th quarter worth $168,000. CSS LLC IL purchased a new stake in Kohl’s during the fourth quarter valued at approximately $163,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in Kohl’s by 13.4% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 428,939 shares of the company’s stock valued at $6,022,000 after purchasing an additional 50,671 shares during the period. Vident Advisory LLC lifted its stake in shares of Kohl’s by 9.3% in the 4th quarter. Vident Advisory LLC now owns 11,421 shares of the company’s stock valued at $160,000 after purchasing an additional 967 shares during the last quarter. Finally, WBI Investments LLC boosted its holdings in shares of Kohl’s by 6.5% in the 4th quarter. WBI Investments LLC now owns 143,680 shares of the company’s stock worth $2,017,000 after purchasing an additional 8,815 shares during the period. Hedge funds and other institutional investors own 98.04% of the company’s stock.

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.