Kohl's Co. (NYSE:KSS) Receives $21.29 Average Target Price from Analysts

Shares of Kohl's Co. (NYSE:KSS - Get Free Report) have earned a consensus rating of "Reduce" from the seven analysts that are presently covering the company, MarketBeat reports. Two investment analysts have rated the stock with a sell recommendation, four have given a hold recommendation and one has given a buy recommendation to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $21.29.

KSS has been the topic of several research reports. Robert W. Baird decreased their price target on shares of Kohl's from $27.00 to $25.00 and set an "outperform" rating on the stock in a report on Thursday, August 29th. TD Cowen cut shares of Kohl's from a "buy" rating to a "hold" rating and decreased their target price for the stock from $25.00 to $21.00 in a research note on Friday, August 30th. Morgan Stanley cut Kohl's to an "underweight" rating and dropped their price target for the company from $18.00 to $17.00 in a research note on Tuesday, August 27th. JPMorgan Chase & Co. lowered Kohl's from a "neutral" rating to an "underweight" rating and set a $19.00 price objective on the stock. in a research report on Thursday, August 29th. Finally, Telsey Advisory Group reiterated a "market perform" rating and issued a $23.00 target price on shares of Kohl's in a research report on Wednesday, August 28th.

Kohl's Price Performance

NYSE:KSS traded down $0.85 during mid-day trading on Friday, reaching $17.51. The stock had a trading volume of 10,162,180 shares, compared to its average volume of 5,993,096. The stock has a 50-day simple moving average of $19.40 and a two-hundred day simple moving average of $21.36. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.08 and a quick ratio of 0.16. Kohl's has a 12 month low of $17.41 and a 12 month high of $29.60. The stock has a market capitalization of $1.95 billion, a PE ratio of 6.87, a P/E/G ratio of 1.21 and a beta of 1.94.

Kohl's (NYSE:KSS - Get Free Report) last posted its quarterly earnings results on Wednesday, August 28th. The company reported $0.59 EPS for the quarter, topping analysts' consensus estimates of $0.46 by $0.13. The company had revenue of $3.53 billion during the quarter, compared to analysts' expectations of $3.69 billion. Kohl's had a return on equity of 7.43% and a net margin of 1.66%. Kohl's's revenue was down 4.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.52 EPS. On average, equities analysts anticipate that Kohl's will post 1.81 earnings per share for the current year.

Kohl's Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 25th. Shareholders of record on Wednesday, September 11th were issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 11.42%. The ex-dividend date was Wednesday, September 11th. Kohl's's payout ratio is presently 78.43%.

Insider Buying and Selling at Kohl's

In other news, EVP Feeney Siobhan Mc sold 16,367 shares of the firm's stock in a transaction dated Thursday, October 3rd. The stock was sold at an average price of $19.27, for a total transaction of $315,392.09. Following the completion of the transaction, the executive vice president now directly owns 136,799 shares in the company, valued at $2,636,116.73. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.86% of the company's stock.

Institutional Investors Weigh In On Kohl's

A number of institutional investors have recently modified their holdings of the company. Dimensional Fund Advisors LP boosted its position in shares of Kohl's by 0.8% during the 2nd quarter. Dimensional Fund Advisors LP now owns 6,434,081 shares of the company's stock valued at $147,923,000 after purchasing an additional 52,126 shares in the last quarter. American Century Companies Inc. boosted its holdings in shares of Kohl's by 26.3% during the 2nd quarter. American Century Companies Inc. now owns 3,093,773 shares of the company's stock worth $71,126,000 after buying an additional 643,913 shares in the last quarter. AQR Capital Management LLC grew its position in shares of Kohl's by 348.0% during the 2nd quarter. AQR Capital Management LLC now owns 2,180,952 shares of the company's stock worth $50,118,000 after buying an additional 1,694,162 shares during the period. Squarepoint Ops LLC increased its stake in shares of Kohl's by 6,076.8% in the 2nd quarter. Squarepoint Ops LLC now owns 1,834,509 shares of the company's stock valued at $42,175,000 after acquiring an additional 1,804,809 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its position in shares of Kohl's by 0.7% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,647,703 shares of the company's stock valued at $37,881,000 after acquiring an additional 10,925 shares during the period. 98.04% of the stock is 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.