Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Kohl’s Corporation (KSS) Share Price
News articles about Kohl’s Corporation (NYSE:KSS) have trended somewhat positive recently, Accern reports. The research firm identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Kohl’s Corporation earned a news sentiment score of 0.17 on Accern’s scale. Accern also gave headlines about the company an impact score of 45.7598222932729 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
These are some of the news headlines that may have impacted Accern Sentiment’s analysis:
- Kohl’s Corporation (NYSE:KSS) Rating Reiterated by Cowen and Company (americanbankingnews.com)
- Kohl’s Corporation (NYSE:KSS) Rating Reiterated by Jefferies Group LLC (americanbankingnews.com)
- Kohl’s Corporation (NYSE:KSS) Expected to Post Quarterly Sales of $4.14 Billion (americanbankingnews.com)
- Kohl’s Structural Pressures Are Not Abating (feeds.benzinga.com)
- Kohl’s Corp. (KSS) Tops Q2 EPS by 5c, Sales Beat (streetinsider.com)
Kohl’s Corporation (KSS) traded down 2.18% during midday trading on Friday, hitting $38.64. The stock had a trading volume of 7,102,837 shares. The firm has a 50-day moving average of $39.64 and a 200 day moving average of $39.37. Kohl’s Corporation has a 52-week low of $35.16 and a 52-week high of $59.67. The firm has a market capitalization of $6.59 billion, a P/E ratio of 11.19 and a beta of 1.16. Kohl’s Corporation also saw some unusual options trading activity on Wednesday. Traders purchased 20,293 call options on the company. This represents an increase of 603% compared to the typical volume of 2,886 call options.
Kohl’s Corporation (NYSE:KSS) last posted its earnings results on Thursday, August 10th. The company reported $1.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.19 by $0.05. The company had revenue of $4.14 billion during the quarter, compared to the consensus estimate of $4.12 billion. Kohl’s Corporation had a net margin of 3.25% and a return on equity of 13.29%. The firm’s quarterly revenue was down .9% on a year-over-year basis. During the same period in the previous year, the firm posted $1.22 earnings per share. On average, equities analysts forecast that Kohl’s Corporation will post $3.71 EPS for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 20th. Investors of record on Wednesday, September 6th will be given a dividend of $0.55 per share. The ex-dividend date is Friday, September 1st. This represents a $2.20 dividend on an annualized basis and a yield of 5.69%. Kohl’s Corporation’s dividend payout ratio is presently 64.14%.
KSS has been the topic of several recent research reports. Zacks Investment Research upgraded Kohl’s Corporation from a “hold” rating to a “buy” rating and set a $41.00 price target on the stock in a research note on Tuesday, July 11th. Gordon Haskett began coverage on Kohl’s Corporation in a research report on Tuesday, May 9th. They issued a “reduce” rating and a $35.00 price objective on the stock. Jefferies Group LLC reaffirmed a “buy” rating and issued a $48.00 price objective on shares of Kohl’s Corporation in a research report on Sunday, July 30th. Citigroup Inc. reaffirmed a “buy” rating and issued a $44.00 price objective (down from $52.00) on shares of Kohl’s Corporation in a research report on Sunday, May 14th. Finally, Vetr cut Kohl’s Corporation from a “strong-buy” rating to a “buy” rating and set a $40.78 price objective on the stock. in a research report on Monday, May 15th. Four research analysts have rated the stock with a sell rating, fourteen have given a hold rating and seven have issued a buy rating to the company. Kohl’s Corporation presently has a consensus rating of “Hold” and a consensus price target of $42.98.
About Kohl’s Corporation
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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