Telsey Advisory Group reaffirmed their outperform rating on shares of Kohl's (NYSE:KSS) in a research report sent to investors on Tuesday, Marketbeat Ratings reports. They currently have a $55.00 target price on the stock, up from their prior target price of $50.00.
Several other research analysts also recently weighed in on KSS. MKM Partners set a $48.00 target price on Kohl's and gave the stock a hold rating in a research note on Thursday, January 4th. Jefferies Group restated a buy rating and set a $50.00 target price on shares of Kohl's in a research note on Wednesday, September 27th. Cowen restated a market perform rating and set a $47.00 target price (up from $42.00) on shares of Kohl's in a research note on Thursday, September 21st. Robert W. Baird set a $57.00 target price on Kohl's and gave the stock a buy rating in a research note on Monday, December 25th. Finally, Citigroup boosted their target price on Kohl's from $44.00 to $51.00 and gave the stock a buy rating in a research note on Thursday, September 21st. Five equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and eight have given a buy rating to the stock. The stock has an average rating of Hold and an average target price of $49.90.
Shares of Kohl's (KSS) traded up $2.75 during mid-day trading on Tuesday, reaching $63.87. The company had a trading volume of 7,483,290 shares, compared to its average volume of 4,540,000. Kohl's has a 1 year low of $35.16 and a 1 year high of $65.06. The company has a current ratio of 1.63, a quick ratio of 0.30 and a debt-to-equity ratio of 0.88. The stock has a market cap of $10,730.00, a P/E ratio of 16.94, a price-to-earnings-growth ratio of 2.26 and a beta of 1.24.
Kohl's (NYSE:KSS) last announced its earnings results on Thursday, November 9th. The company reported $0.70 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.72 by ($0.02). Kohl's had a return on equity of 12.72% and a net margin of 3.47%. 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 earnings per share. The firm’s quarterly revenue was up .1% compared to the same quarter last year. sell-side analysts predict that Kohl's will post 4.06 EPS for the current year.
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 20th. Stockholders of record on Wednesday, December 6th were issued a $0.55 dividend. The ex-dividend date of this dividend was Tuesday, December 5th. This represents a $2.20 annualized dividend and a dividend yield of 3.44%. Kohl's’s dividend payout ratio (DPR) is presently 58.36%.
In related news, Director Jonas Prising acquired 4,725 shares of the firm’s stock in a transaction dated Wednesday, November 15th. The stock was acquired at an average price of $42.35 per share, with a total value of $200,103.75. Following the acquisition, the director now directly owns 8,661 shares in the company, valued at approximately $366,793.35. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Stephanie A. Streeter sold 4,173 shares of the business’s stock in a transaction dated Friday, December 22nd. The shares were sold at an average price of $53.85, for a total value 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.
Several hedge funds have recently modified their holdings of the company. Nisa Investment Advisors LLC lifted its holdings in shares of Kohl's by 6.6% in the 4th quarter. Nisa Investment Advisors LLC now owns 74,410 shares of the company’s stock valued at $4,035,000 after buying an additional 4,584 shares during the period. Bristol Advisors LLC acquired a new position in shares of Kohl's in the 4th quarter valued at about $352,000. VNBTrust National Association acquired a new position in shares of Kohl's in the 4th quarter valued at about $212,000. Parametric Portfolio Associates LLC lifted its holdings in shares of Kohl's by 10.6% in the 3rd quarter. Parametric Portfolio Associates LLC now owns 1,335,761 shares of the company’s stock valued at $60,977,000 after buying an additional 128,330 shares during the period. Finally, Shelton Capital Management lifted its holdings in shares of Kohl's by 9.3% in the 3rd quarter. Shelton Capital Management now owns 117,387 shares of the company’s stock valued at $5,359,000 after buying an additional 10,000 shares during the period.
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Kohl's Company Profile
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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