Media headlines about Kohl's (NYSE:KSS) have trended somewhat positive recently, according to Accern Sentiment. The research firm identifies positive and negative press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Kohl's earned a daily sentiment score of 0.07 on Accern’s scale. Accern also assigned headlines about the company an impact score of 46.2730418876364 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
These are some of the headlines that may have impacted Accern Sentiment Analysis’s analysis:
- Retail Sector Earnings: Strong Data Points To A Good Holiday Season (finance.yahoo.com)
- Nordstrom’s Valuation: Where It Stands Currently (finance.yahoo.com)
- Kohl's (KSS) Rating Increased to Buy at Zacks Investment Research (americanbankingnews.com)
- How Kohl's Corporation Sharpened Its Retail Edge (finance.yahoo.com)
- Nordstrom’s in the News: Trying Again to Go Private (finance.yahoo.com)
Shares of Kohl's (NYSE:KSS) traded up $0.26 during midday trading on Thursday, hitting $64.85. 2,847,719 shares of the stock were exchanged, compared to its average volume of 4,460,000. The stock has a market capitalization of $10,900.00, a P/E ratio of 17.20, a PEG ratio of 2.33 and a beta of 1.24. Kohl's has a 1-year low of $35.16 and a 1-year high of $65.23. The company has a current ratio of 1.63, a quick ratio of 0.30 and a debt-to-equity ratio of 0.88.
Kohl's (NYSE:KSS) last issued its quarterly earnings results on Thursday, November 9th. The company reported $0.70 EPS for the quarter, missing analysts’ consensus estimates of $0.72 by ($0.02). The firm had revenue of $4.33 billion for the quarter, compared to analysts’ expectations of $4.30 billion. Kohl's had a return on equity of 12.72% and a net margin of 3.47%. The business’s quarterly revenue was up .1% compared to the same quarter last year. During the same quarter last year, the firm earned $0.80 earnings per share. analysts expect that Kohl's will post 4.08 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which was paid on Wednesday, December 20th. Stockholders of record on Wednesday, December 6th were issued a dividend of $0.55 per share. The ex-dividend date of this dividend was Tuesday, December 5th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 3.39%. Kohl's’s dividend payout ratio (DPR) is presently 58.36%.
Several equities analysts have weighed in on the stock. Zacks Investment Research upgraded shares of Kohl's from a “hold” rating to a “buy” rating and set a $71.00 target price for the company in a report on Wednesday. Robert W. Baird set a $70.00 target price on shares of Kohl's and gave the company a “buy” rating in a report on Tuesday. They noted that the move was a valuation call. JPMorgan Chase & Co. upgraded shares of Kohl's from a “neutral” rating to an “overweight” rating and raised their target price for the company from $51.00 to $72.00 in a report on Friday, January 12th. Royal Bank of Canada upgraded shares of Kohl's from an “underperform” rating to a “sector perform” rating and set a $60.00 target price for the company in a report on Friday, January 12th. Finally, BMO Capital Markets set a $60.00 target price on shares of Kohl's and gave the company a “hold” rating in a report on Friday, January 12th. Five equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and nine have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $51.71.
In other news, Director Stephanie A. Streeter sold 4,173 shares of Kohl's stock in a transaction dated Friday, December 22nd. The shares were sold at an average price of $53.85, for a total transaction of $224,716.05. Following the completion of the sale, the director now directly owns 21,960 shares in the company, valued at $1,182,546. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Jonas Prising purchased 4,725 shares of the stock in a transaction dated Wednesday, November 15th. The shares were 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 owns 8,661 shares of the company’s stock, valued at $366,793.35. The disclosure for this purchase can be found here. Insiders own 1.20% of the company’s stock.
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Kohl's Company Profile
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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