Telsey Advisory Group Reiterates “Market Perform” Rating for Kohl’s (NYSE:KSS)

Kohl’s (NYSE:KSS)‘s stock had its “market perform” rating reissued by Telsey Advisory Group in a research note issued to investors on Tuesday,Benzinga reports. They currently have a $16.00 price target on the stock. Telsey Advisory Group’s price objective would indicate a potential downside of 24.73% from the stock’s current price.

Several other analysts have also issued reports on KSS. Weiss Ratings reiterated a “hold (c-)” rating on shares of Kohl’s in a research note on Wednesday, October 8th. Wall Street Zen upgraded shares of Kohl’s from a “sell” rating to a “hold” rating in a research note on Monday, September 1st. Morgan Stanley upped their price objective on Kohl’s from $5.00 to $9.00 and gave the company an “underweight” rating in a research note on Thursday, September 18th. Cowen reaffirmed a “hold” rating on shares of Kohl’s in a research report on Thursday, August 28th. Finally, JPMorgan Chase & Co. boosted their price target on shares of Kohl’s from $10.00 to $11.00 and gave the stock an “underweight” rating in a report on Thursday, August 28th. One research analyst has rated the stock with a Buy rating, eleven have assigned a Hold rating and six have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Reduce” and a consensus target price of $12.75.

Kohl’s Stock Up 35.1%

KSS stock traded up $5.53 during mid-day trading on Tuesday, reaching $21.26. 11,686,352 shares of the company traded hands, compared to its average volume of 9,662,662. The company has a quick ratio of 0.19, a current ratio of 1.36 and a debt-to-equity ratio of 1.00. The firm’s 50 day moving average price is $16.31 and its 200 day moving average price is $12.78. The stock has a market cap of $2.38 billion, a price-to-earnings ratio of 11.48 and a beta of 1.78. Kohl’s has a fifty-two week low of $6.04 and a fifty-two week high of $21.39.

Kohl’s (NYSE:KSS) last posted its earnings results on Tuesday, November 25th. The company reported $0.10 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.19) by $0.29. Kohl’s had a return on equity of 4.62% and a net margin of 1.31%.The company had revenue of $3.41 billion for the quarter, compared to analyst estimates of $3.37 billion. During the same quarter last year, the company earned $0.20 earnings per share. The company’s revenue for the quarter was down 3.6% on a year-over-year basis. Kohl’s has set its FY 2025 guidance at 1.250-1.450 EPS. As a group, equities research analysts predict that Kohl’s will post 1.3 EPS for the current fiscal year.

Institutional Trading of Kohl’s

Several large investors have recently added to or reduced their stakes in the stock. Harbor Capital Advisors Inc. purchased a new position in shares of Kohl’s during the 3rd quarter worth approximately $28,000. Caldwell Trust Co bought a new position in shares of Kohl’s in the third quarter worth approximately $33,000. Future Financial Wealth Managment LLC grew its holdings in shares of Kohl’s by 400.0% during the third quarter. Future Financial Wealth Managment LLC now owns 2,500 shares of the company’s stock valued at $38,000 after buying an additional 2,000 shares during the last quarter. iSAM Funds UK Ltd bought a new stake in shares of Kohl’s during the third quarter valued at approximately $39,000. Finally, Annis Gardner Whiting Capital Advisors LLC raised its holdings in Kohl’s by 3,855.1% in the 3rd quarter. Annis Gardner Whiting Capital Advisors LLC now owns 2,729 shares of the company’s stock worth $42,000 after acquiring an additional 2,660 shares during the last quarter. Institutional investors own 98.04% of the company’s stock.

Kohl’s Company Profile

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.