Brokerages Set Kohl’s Corporation (NYSE:KSS) PT at $15.73

Shares of Kohl’s Corporation (NYSE:KSS) have been assigned a consensus rating of “Reduce” from the sixteen analysts that are currently covering the company, MarketBeat.com reports. Six research analysts have rated the stock with a sell recommendation, eight have issued a hold recommendation, one has issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price objective among analysts that have covered the stock in the last year is $15.5455.

Several research firms have recently issued reports on KSS. Zacks Research upgraded shares of Kohl’s from a “hold” rating to a “strong-buy” rating in a report on Monday, December 1st. Wall Street Zen cut Kohl’s from a “buy” rating to a “hold” rating in a research note on Saturday, January 10th. Weiss Ratings reissued a “hold (c-)” rating on shares of Kohl’s in a research report on Wednesday, October 8th. Robert W. Baird set a $24.00 price objective on Kohl’s in a report on Wednesday, December 17th. Finally, Gordon Haskett raised shares of Kohl’s from an “accumulate” rating to a “buy” rating in a research note on Tuesday, November 25th.

Kohl’s Stock Performance

Shares of NYSE:KSS opened at $19.26 on Friday. The firm’s 50 day simple moving average is $20.76 and its 200-day simple moving average is $16.37. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.12 and a current ratio of 1.30. Kohl’s has a one year low of $6.04 and a one year high of $25.22. The firm has a market cap of $2.16 billion, a PE ratio of 11.20 and a beta of 1.42.

Kohl’s (NYSE:KSS) last announced its quarterly earnings data on Tuesday, November 25th. The company reported $0.10 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.19) by $0.29. The company had revenue of $3.58 billion for the quarter, compared to analysts’ expectations of $3.37 billion. Kohl’s had a return on equity of 4.30% and a net margin of 1.23%.Kohl’s’s revenue was down 3.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.20 earnings per share. Kohl’s has set its FY 2025 guidance at 1.250-1.450 EPS. As a group, equities analysts predict that Kohl’s will post 1.3 EPS for the current year.

Kohl’s Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Wednesday, December 10th were given a $0.125 dividend. The ex-dividend date was Wednesday, December 10th. This represents a $0.50 annualized dividend and a dividend yield of 2.6%. Kohl’s’s dividend payout ratio (DPR) is 29.07%.

Insider Activity at Kohl’s

In related news, CFO Jill Timm sold 10,000 shares of the company’s stock in a transaction dated Wednesday, December 10th. The shares were sold at an average price of $24.00, for a total transaction of $240,000.00. Following the completion of the transaction, the chief financial officer owned 325,561 shares in the company, valued at $7,813,464. This represents a 2.98% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 1.00% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Kohl’s

A number of hedge funds have recently made changes to their positions in the company. Affinity Wealth Management LLC purchased a new position in shares of Kohl’s in the fourth quarter valued at approximately $263,000. Range Financial Group LLC purchased a new stake in shares of Kohl’s during the fourth quarter worth approximately $384,000. Allspring Global Investments Holdings LLC acquired a new position in Kohl’s in the 4th quarter valued at $214,000. Redhawk Wealth Advisors Inc. purchased a new position in Kohl’s in the 4th quarter valued at $1,196,000. Finally, SG Americas Securities LLC boosted its stake in Kohl’s by 1,176.0% during the 4th quarter. SG Americas Securities LLC now owns 247,883 shares of the company’s stock worth $5,059,000 after purchasing an additional 228,456 shares during the last quarter. Institutional investors and hedge funds own 98.04% of the company’s stock.

About Kohl’s

Kohl’s Corporation, founded in 1962 by Maxwell Kohl and headquartered in Menomonee Falls, Wisconsin, is a leading American department store retailer. The company operates approximately 1,100 stores across 49 states, offering a combination of value-oriented pricing, private-label brands and national labels. Since its initial public offering in 1992, Kohl’s has focused on broadening its product assortment and enhancing the in-store and online shopping experience.

The retailer’s merchandise portfolio spans apparel, footwear, accessories, and beauty products for women, men and children, as well as home goods, kitchenware and seasonal décor.