Kohl’s (NYSE:KSS) Stock Price Down 3.8% – Time to Sell?

Kohl’s Corporation (NYSE:KSS)’s stock price fell 3.8% during mid-day trading on Friday . The company traded as low as $15.63 and last traded at $15.53. 317,131 shares were traded during mid-day trading, a decline of 97% from the average session volume of 11,084,730 shares. The stock had previously closed at $16.14.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on KSS. UBS Group lifted their target price on Kohl’s from $4.00 to $4.50 and gave the company a “sell” rating in a research report on Thursday, August 28th. Citigroup lifted their target price on Kohl’s from $8.00 to $16.00 and gave the company a “neutral” rating in a research report on Thursday, August 28th. Wall Street Zen raised Kohl’s from a “sell” rating to a “hold” rating in a research report on Monday, September 1st. Cowen reaffirmed a “hold” rating on shares of Kohl’s in a research report on Thursday, August 28th. Finally, Telsey Advisory Group lifted their target price on Kohl’s from $9.00 to $16.00 and gave the company a “market perform” rating in a research report on Wednesday, August 27th. One analyst has rated the stock with a Buy rating, nine have assigned a Hold rating and six have issued a Sell rating to the stock. Based on data from MarketBeat.com, Kohl’s currently has a consensus rating of “Reduce” and a consensus price target of $12.46.

Kohl’s Trading Down 5.2%

The company has a market cap of $1.71 billion, a P/E ratio of 8.27 and a beta of 1.74. The business has a fifty day moving average price of $12.83 and a 200-day moving average price of $9.81. The company has a quick ratio of 0.19, a current ratio of 1.36 and a debt-to-equity ratio of 1.00.

Kohl’s (NYSE:KSS) last issued its quarterly earnings data on Wednesday, August 27th. The company reported $0.56 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.33 by $0.23. Kohl’s had a return on equity of 4.62% and a net margin of 1.31%.The company had revenue of $3.35 billion during the quarter, compared to analysts’ expectations of $3.37 billion. During the same quarter in the previous year, the company posted $0.59 earnings per share. The business’s revenue was down 5.0% on a year-over-year basis. Kohl’s has set its FY 2025 guidance at 0.500-0.800 EPS. On average, analysts forecast that Kohl’s Corporation will post 1.3 earnings per share for the current year.

Kohl’s Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 24th. Stockholders of record on Wednesday, September 10th will be issued a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date is Wednesday, September 10th. Kohl’s’s payout ratio is currently 27.03%.

Institutional Investors Weigh In On Kohl’s

Institutional investors have recently made changes to their positions in the stock. National Bank of Canada FI bought a new stake in shares of Kohl’s in the first quarter valued at approximately $25,000. Smartleaf Asset Management LLC lifted its stake in Kohl’s by 161.8% during the first quarter. Smartleaf Asset Management LLC now owns 3,053 shares of the company’s stock worth $26,000 after purchasing an additional 1,887 shares during the last quarter. CWM LLC lifted its stake in Kohl’s by 49.7% during the first quarter. CWM LLC now owns 4,177 shares of the company’s stock worth $34,000 after purchasing an additional 1,386 shares during the last quarter. State of Wyoming bought a new stake in Kohl’s during the fourth quarter worth $35,000. Finally, Cheviot Value Management LLC bought a new stake in Kohl’s during the first quarter worth $36,000. 98.04% of the stock is currently owned by institutional investors.

About Kohl’s

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.