Kohl’s (NYSE:KSS – Get Free Report) was downgraded by research analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a report issued on Monday,Zacks.com reports.
A number of other brokerages have also recently weighed in on KSS. TD Cowen upped their price objective on Kohl’s from $13.50 to $16.00 and gave the stock a “hold” rating in a research note on Monday, June 8th. Telsey Advisory Group reiterated a “market perform” rating and issued a $17.00 target price on shares of Kohl’s in a report on Tuesday, March 17th. Weiss Ratings lowered shares of Kohl’s from a “hold (c)” rating to a “sell (d+)” rating in a research report on Friday, June 5th. Wall Street Zen cut shares of Kohl’s from a “buy” rating to a “hold” rating in a report on Sunday, June 7th. Finally, Gordon Haskett downgraded shares of Kohl’s from a “buy” rating to a “hold” rating and set a $14.00 price objective on the stock. in a research report on Friday, May 15th. One investment analyst has rated the stock with a Buy rating, eight have issued a Hold rating and seven have issued a Sell rating to the stock. According to data from MarketBeat.com, Kohl’s has a consensus rating of “Reduce” and a consensus target price of $14.85.
Get Our Latest Report on Kohl’s
Kohl’s Stock Performance
Kohl’s (NYSE:KSS – Get Free Report) last posted its earnings results on Thursday, May 28th. The company reported ($0.13) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.18) by $0.05. The company had revenue of $3.17 billion during the quarter, compared to analyst estimates of $2.99 billion. Kohl’s had a return on equity of 4.67% and a net margin of 1.76%.Kohl’s’s revenue was down 1.7% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.13) earnings per share. Kohl’s has set its FY 2026 guidance at 1.000-1.600 EPS. On average, sell-side analysts anticipate that Kohl’s will post 1.27 EPS for the current fiscal year.
Institutional Investors Weigh In On Kohl’s
A number of large investors have recently modified their holdings of KSS. IFP Advisors Inc increased its holdings in shares of Kohl’s by 3,777.6% during the third quarter. IFP Advisors Inc now owns 1,900 shares of the company’s stock valued at $31,000 after acquiring an additional 1,851 shares in the last quarter. Farther Finance Advisors LLC boosted its stake in Kohl’s by 233.9% in the 4th quarter. Farther Finance Advisors LLC now owns 1,666 shares of the company’s stock worth $34,000 after purchasing an additional 1,167 shares in the last quarter. iSAM Funds UK Ltd acquired a new stake in Kohl’s in the 3rd quarter worth approximately $39,000. Plato Investment Management Ltd purchased a new stake in Kohl’s during the 4th quarter worth approximately $42,000. Finally, Hantz Financial Services Inc. grew its position in Kohl’s by 164.7% during the 4th quarter. Hantz Financial Services Inc. now owns 2,102 shares of the company’s stock worth $43,000 after purchasing an additional 1,308 shares during the last quarter. Hedge funds and other institutional investors 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.
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