Kohl’s Corporation (KSS) Receives $42.95 Average Price Target from Analysts

Kohl’s Corporation (NYSE:KSS) has earned a consensus recommendation of “Hold” from the twenty-six brokerages that are covering the company, MarketBeat Ratings reports. Six research analysts have rated the stock with a sell recommendation, fourteen have issued a hold recommendation and five have given a buy recommendation to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $42.95.

A number of brokerages have issued reports on KSS. Robert W. Baird reiterated a “neutral” rating and set a $43.00 price objective on shares of Kohl’s Corporation in a research note on Thursday, September 7th. ValuEngine downgraded shares of Kohl’s Corporation from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Royal Bank Of Canada set a $39.00 price objective on shares of Kohl’s Corporation and gave the stock a “sell” rating in a research note on Tuesday, August 29th. BidaskClub downgraded shares of Kohl’s Corporation from a “hold” rating to a “sell” rating in a research note on Sunday, August 20th. Finally, TheStreet upgraded shares of Kohl’s Corporation from a “c+” rating to a “b-” rating in a research note on Monday, August 14th.

A number of large investors have recently bought and sold shares of KSS. Nationwide Fund Advisors boosted its position in Kohl’s Corporation by 2.6% during the 1st quarter. Nationwide Fund Advisors now owns 50,296 shares of the company’s stock worth $2,002,000 after buying an additional 1,282 shares during the period. Janney Montgomery Scott LLC boosted its position in Kohl’s Corporation by 30.0% during the 1st quarter. Janney Montgomery Scott LLC now owns 7,362 shares of the company’s stock worth $293,000 after buying an additional 1,701 shares during the period. Boston Partners acquired a new stake in Kohl’s Corporation during the 1st quarter worth approximately $442,000. US Bancorp DE boosted its position in Kohl’s Corporation by 3.3% during the 1st quarter. US Bancorp DE now owns 47,867 shares of the company’s stock worth $1,905,000 after buying an additional 1,538 shares during the period. Finally, World Asset Management Inc boosted its position in Kohl’s Corporation by 8.0% during the 1st quarter. World Asset Management Inc now owns 22,205 shares of the company’s stock worth $884,000 after buying an additional 1,652 shares during the period.

Kohl’s Corporation (KSS) traded up 2.58% during trading on Friday, reaching $46.05. 5,630,864 shares of the company’s stock were exchanged. Kohl’s Corporation has a 52-week low of $35.16 and a 52-week high of $59.67. The stock’s 50 day moving average price is $40.72 and its 200 day moving average price is $39.22. The firm has a market cap of $7.74 billion, a P/E ratio of 11.79 and a beta of 1.15.

Kohl’s Corporation (NYSE:KSS) last announced its quarterly earnings data on Thursday, August 10th. The company reported $1.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.19 by $0.05. The firm had revenue of $4.14 billion for the quarter, compared to the consensus estimate of $4.12 billion. Kohl’s Corporation had a net margin of 3.63% and a return on equity of 13.16%. The business’s revenue for the quarter was down .9% on a year-over-year basis. During the same period in the prior year, the company posted $1.22 earnings per share. Equities research analysts anticipate that Kohl’s Corporation will post $3.75 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 20th. Investors of record on Wednesday, September 6th will be given a dividend of $0.55 per share. The ex-dividend date is Friday, September 1st. This represents a $2.20 annualized dividend and a yield of 4.90%. Kohl’s Corporation’s dividend payout ratio is presently 56.41%.

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About Kohl’s Corporation

Kohl’s Corporation (Kohl’s) is an operator of department stores. The Company operates approximately 1,154 Kohl’s department stores, a Website (www.Kohls.com), approximately 12 FILA outlets, and approximately three Off-Aisle clearance centers. The Company’s stores and Website sell moderately-priced private label and national brand apparel, footwear, accessories, beauty and home products.

Analyst Recommendations for Kohl`s Corporation (NYSE:KSS)

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