Kohl’s (NYSE:KSS) Upgraded by Wall Street Zen to Hold Rating

Kohl’s (NYSE:KSS) was upgraded by investment analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a note issued to investors on Saturday.

Other equities analysts also recently issued reports about the stock. Citigroup decreased their price objective on shares of Kohl’s from $11.00 to $8.00 and set a “neutral” rating on the stock in a report on Monday, March 17th. JPMorgan Chase & Co. boosted their target price on shares of Kohl’s from $7.00 to $8.00 and gave the company an “underweight” rating in a research report on Monday, May 19th. UBS Group reduced their target price on shares of Kohl’s from $10.00 to $5.00 and set a “sell” rating for the company in a research report on Wednesday, March 12th. Evercore ISI reduced their target price on shares of Kohl’s from $9.00 to $8.00 and set an “in-line” rating for the company in a research report on Friday, May 2nd. Finally, Barclays boosted their target price on shares of Kohl’s from $4.00 to $5.00 and gave the company an “underweight” rating in a research report on Friday, May 30th. Seven equities research analysts have rated the stock with a sell rating and nine have given a hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $9.75.

Kohl’s Price Performance

NYSE:KSS opened at $8.12 on Friday. Kohl’s has a one year low of $6.04 and a one year high of $24.83. The company has a market cap of $909.22 million, a P/E ratio of 3.66 and a beta of 1.66. The firm’s fifty day moving average price is $7.54 and its two-hundred day moving average price is $10.53. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.05 and a quick ratio of 0.12.

Kohl’s (NYSE:KSS) last released its quarterly earnings data on Thursday, May 29th. The company reported ($0.13) EPS for the quarter, beating the consensus estimate of ($0.22) by $0.09. Kohl’s had a net margin of 1.47% and a return on equity of 6.44%. The firm had revenue of $3.05 billion for the quarter, compared to the consensus estimate of $3.01 billion. During the same period in the previous year, the company earned ($0.24) earnings per share. The company’s quarterly revenue was down 4.1% on a year-over-year basis. Equities analysts expect that Kohl’s will post 1.3 earnings per share for the current year.

Institutional Investors Weigh In On Kohl’s

Institutional investors and hedge funds have recently bought and sold shares of the company. American Century Companies Inc. boosted its stake in shares of Kohl’s by 8.1% in the 1st quarter. American Century Companies Inc. now owns 4,470,215 shares of the company’s stock valued at $36,566,000 after purchasing an additional 335,917 shares in the last quarter. Allianz Asset Management GmbH boosted its position in Kohl’s by 3.3% in the fourth quarter. Allianz Asset Management GmbH now owns 3,646,011 shares of the company’s stock valued at $51,190,000 after buying an additional 117,819 shares in the last quarter. Invesco Ltd. boosted its position in Kohl’s by 29.7% in the first quarter. Invesco Ltd. now owns 2,973,512 shares of the company’s stock valued at $24,323,000 after buying an additional 680,766 shares in the last quarter. Two Sigma Investments LP grew its stake in shares of Kohl’s by 4.0% during the fourth quarter. Two Sigma Investments LP now owns 2,255,480 shares of the company’s stock worth $31,667,000 after buying an additional 87,235 shares during the last quarter. Finally, Two Sigma Advisers LP grew its stake in shares of Kohl’s by 6.0% during the fourth quarter. Two Sigma Advisers LP now owns 2,222,100 shares of the company’s stock worth $31,198,000 after buying an additional 126,600 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.