Kohl's (KSS) Stock Rating Reaffirmed by Robert W. Baird
Other research analysts have also recently issued research reports about the stock. Gordon Haskett raised shares of Kohl's from a hold rating to an accumulate rating in a research report on Thursday, November 9th. ValuEngine raised shares of Kohl's from a hold rating to a buy rating in a research report on Friday, December 1st. Zacks Investment Research raised shares of Kohl's from a hold rating to a buy rating and set a $47.00 target price on the stock in a research report on Monday, October 16th. Jefferies Group reaffirmed a buy rating and issued a $50.00 target price on shares of Kohl's in a research report on Wednesday, September 27th. Finally, Citigroup upped their target price on shares of Kohl's from $44.00 to $51.00 and gave the company a buy rating in a research report on Thursday, September 21st. Six equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and seven have assigned a buy rating to the stock. The company presently has a consensus rating of Hold and an average target price of $47.10.
Shares of Kohl's (NYSE:KSS) traded up $1.86 on Tuesday, hitting $58.84. 4,470,000 shares of the company were exchanged, compared to its average volume of 4,450,000. 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 has a 12-month low of $35.16 and a 12-month high of $59.32. The stock has a market capitalization of $9,890.00, a price-to-earnings ratio of 15.61, a P/E/G ratio of 2.16 and a beta of 1.24.
Kohl's (NYSE:KSS) last announced its quarterly earnings data on Thursday, November 9th. The company reported $0.70 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.72 by ($0.02). Kohl's had a net margin of 3.47% and a return on equity of 12.72%. The firm had revenue of $4.33 billion during the quarter, compared to analysts’ expectations of $4.30 billion. During the same period in the prior year, the company posted $0.80 EPS. The company’s revenue for the quarter was up .1% compared to the same quarter last year. equities analysts anticipate that Kohl's will post 3.77 EPS for the current year.
The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 20th. Stockholders of record on Wednesday, December 6th were given a dividend of $0.55 per share. The ex-dividend date was Tuesday, December 5th. This represents a $2.20 annualized dividend and a dividend yield of 3.74%. Kohl's’s dividend payout ratio is presently 58.36%.
In other Kohl's news, Director Jonas Prising purchased 4,725 shares of Kohl's stock in a transaction dated Wednesday, November 15th. The shares were acquired at an average price of $42.35 per share, with a total value of $200,103.75. Following the completion of the transaction, the director now owns 8,661 shares of the company’s stock, valued at $366,793.35. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Stephanie A. Streeter sold 4,173 shares of the stock in a transaction dated Friday, December 22nd. The stock was sold at an average price of $53.85, for a total transaction of $224,716.05. Following the sale, the director now directly owns 21,960 shares in the company, valued at approximately $1,182,546. The disclosure for this sale can be found here. 1.20% of the stock is currently owned by corporate insiders.
Several institutional investors and hedge funds have recently modified their holdings of the company. Strs Ohio raised its holdings in Kohl's by 48.9% in the third quarter. Strs Ohio now owns 152,264 shares of the company’s stock valued at $6,950,000 after acquiring an additional 50,000 shares in the last quarter. Edmond DE Rothschild Holding S.A. raised its holdings in Kohl's by 11.3% in the second quarter. Edmond DE Rothschild Holding S.A. now owns 89,977 shares of the company’s stock valued at $3,479,000 after acquiring an additional 9,165 shares in the last quarter. U S Global Investors Inc. acquired a new stake in Kohl's in the second quarter valued at approximately $528,000. Korea Investment CORP raised its holdings in Kohl's by 47.2% in the third quarter. Korea Investment CORP now owns 356,600 shares of the company’s stock valued at $16,279,000 after acquiring an additional 114,300 shares in the last quarter. Finally, State of Wisconsin Investment Board raised its holdings in Kohl's by 10.1% in the third quarter. State of Wisconsin Investment Board now owns 174,501 shares of the company’s stock valued at $7,966,000 after acquiring an additional 16,069 shares in the last quarter.
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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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