Q4 2018 EPS Estimates for Kohl's Co. (KSS) Raised by Analyst
Kohl's Co. (NYSE:KSS) – Stock analysts at Northcoast Research lifted their Q4 2018 earnings per share estimates for Kohl's in a research report issued on Tuesday. Northcoast Research analyst K. Szafraniec now anticipates that the company will post earnings per share of $1.74 for the quarter, up from their previous estimate of $1.47. Northcoast Research has a “Neutral” rating on the stock.
Kohl's (NYSE:KSS) last announced its earnings results on Thursday, November 9th. The company reported $0.70 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ 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 business had revenue of $4.33 billion for the quarter, compared to analysts’ expectations of $4.30 billion. During the same quarter last year, the firm earned $0.80 EPS. The firm’s quarterly revenue was up .1% on a year-over-year basis.
Several other research firms also recently weighed in on KSS. Zacks Investment Research downgraded shares of Kohl's from a “buy” rating to a “hold” rating in a research note on Wednesday. Piper Jaffray Companies set a $55.00 price target on shares of Kohl's and gave the company a “hold” rating in a research note on Wednesday. Guggenheim reaffirmed a “buy” rating and set a $60.00 price target on shares of Kohl's in a research note on Wednesday. Citigroup lifted their price target on shares of Kohl's from $65.00 to $69.00 and gave the company a “buy” rating in a research note on Wednesday. Finally, Telsey Advisory Group reaffirmed an “outperform” rating and set a $55.00 price target (up previously from $50.00) on shares of Kohl's in a research note on Tuesday. Six equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and seven have given a buy rating to the company’s stock. Kohl's presently has a consensus rating of “Hold” and an average price target of $48.00.
Kohl's (KSS) traded up $2.27 during trading on Thursday, hitting $61.12. 4,860,000 shares of the stock traded hands, compared to its average volume of 4,490,000. The company has a quick ratio of 0.30, a current ratio of 1.63 and a debt-to-equity ratio of 0.88. Kohl's has a 1 year low of $35.16 and a 1 year high of $61.16. The company has a market capitalization of $10,270.00, a P/E ratio of 16.21, a PEG ratio of 2.16 and a beta of 1.24.
A number of large investors have recently modified their holdings of the stock. VNBTrust National Association acquired a new position in shares of Kohl's during the fourth quarter worth $212,000. Raymond James Trust N.A. acquired a new position in shares of Kohl's during the third quarter worth $200,000. Keybank National Association OH acquired a new position in shares of Kohl's during the third quarter worth $207,000. Ingalls & Snyder LLC acquired a new position in shares of Kohl's during the third quarter worth $219,000. Finally, Steward Partners Investment Advisory LLC acquired a new position in shares of Kohl's during the third quarter worth $221,000.
In other Kohl's news, Director Jonas Prising acquired 4,725 shares of Kohl's stock in a transaction that occurred on Wednesday, November 15th. The stock was bought at an average price of $42.35 per share, with a total value of $200,103.75. Following the completion of the purchase, the director now directly owns 8,661 shares of the company’s stock, valued at approximately $366,793.35. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Stephanie A. Streeter sold 4,173 shares of the business’s stock in a transaction that occurred 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.
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 20th. Investors of record on Wednesday, December 6th were paid a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a yield of 3.60%. The ex-dividend date of this dividend was Tuesday, December 5th. Kohl's’s dividend payout ratio (DPR) is 58.36%.
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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