KSS has been the subject of a number of other research reports. ValuEngine upgraded shares of Kohl's from a hold rating to a buy rating in a research note on Friday, December 1st. Telsey Advisory Group upgraded shares of Kohl's from a market perform rating to an outperform rating and lifted their price target for the stock from $43.00 to $50.00 in a research note on Monday, October 9th. Robert W. Baird upgraded shares of Kohl's from a neutral rating to an outperform rating and lifted their price target for the stock from $46.00 to $47.00 in a research note on Friday, November 10th. Royal Bank of Canada upgraded shares of Kohl's from an underperform rating to a sector perform rating and set a $60.00 price target for the company in a research note on Friday. Finally, Northcoast Research initiated coverage on shares of Kohl's in a research note on Friday, December 8th. They issued a neutral rating for the company. Five research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and eight have issued a buy rating to the stock. The company presently has a consensus rating of Hold and an average price target of $50.95.
Kohl's (KSS) traded up $2.75 on Friday, hitting $63.87. 7,442,500 shares of the stock were exchanged, compared to its average volume of 5,752,556. The stock has a market capitalization of $10,730.00, a price-to-earnings ratio of 16.94, a P/E/G ratio of 2.36 and a beta of 1.24. Kohl's has a 12 month low of $35.16 and a 12 month high of $65.06. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.63 and a quick ratio of 0.30.
Kohl's (NYSE:KSS) last issued its quarterly earnings results on Thursday, November 9th. The company reported $0.70 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.72 by ($0.02). The company had revenue of $4.33 billion during the quarter, compared to the consensus estimate of $4.30 billion. Kohl's had a return on equity of 12.72% and a net margin of 3.47%. The firm’s quarterly revenue was up .1% on a year-over-year basis. During the same quarter last year, the firm posted $0.80 EPS. analysts forecast that Kohl's will post 4.06 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 20th. Shareholders of record on Wednesday, December 6th were issued a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a yield of 3.44%. The ex-dividend date of this dividend was Tuesday, December 5th. Kohl's’s dividend payout ratio is presently 58.36%.
In other Kohl's news, Director Jonas Prising acquired 4,725 shares of the firm’s stock in a transaction on Wednesday, November 15th. The stock was purchased at an average price of $42.35 per share, with a total value of $200,103.75. Following the completion of the acquisition, the director now directly owns 8,661 shares in the company, valued at approximately $366,793.35. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Stephanie A. Streeter sold 4,173 shares of Kohl's stock in a transaction on Friday, December 22nd. The stock was sold at an average price of $53.85, for a total transaction of $224,716.05. Following the completion of the transaction, the director now directly owns 21,960 shares of the company’s stock, valued at approximately $1,182,546. The disclosure for this sale can be found here. Insiders own 1.20% of the company’s stock.
A number of institutional investors have recently added to or reduced their stakes in KSS. Oppenheimer & Co. Inc. acquired a new position in shares of Kohl's during the second quarter valued at $275,000. Oppenheimer Asset Management Inc. boosted its holdings in shares of Kohl's by 10.0% during the second quarter. Oppenheimer Asset Management Inc. now owns 10,131 shares of the company’s stock valued at $392,000 after acquiring an additional 925 shares during the period. Franklin Resources Inc. acquired a new position in shares of Kohl's during the second quarter valued at $2,267,000. Stephens Inc. AR boosted its holdings in shares of Kohl's by 2.2% during the second quarter. Stephens Inc. AR now owns 24,128 shares of the company’s stock valued at $933,000 after acquiring an additional 513 shares during the period. Finally, WBI Investments Inc. boosted its holdings in shares of Kohl's by 26.0% during the second quarter. WBI Investments Inc. now owns 17,192 shares of the company’s stock valued at $665,000 after acquiring an additional 3,546 shares during the period.
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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.
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