Kohl's Co. (NYSE:KSS) Receives $17.22 Average Price Target from Analysts

Kohl's Co. (NYSE:KSS - Get Free Report) has been given a consensus rating of "Reduce" by the ten ratings firms that are presently covering the stock, Marketbeat.com reports. Three investment analysts have rated the stock with a sell rating and seven have issued a hold rating on the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $17.22.

Several equities research analysts have issued reports on KSS shares. Telsey Advisory Group dropped their target price on Kohl's from $23.00 to $17.00 and set a "market perform" rating on the stock in a research report on Wednesday, November 27th. TD Cowen dropped their price objective on Kohl's from $20.00 to $16.00 and set a "hold" rating on the stock in a report on Wednesday, November 27th. Morgan Stanley reduced their target price on Kohl's from $17.00 to $15.00 and set an "underweight" rating for the company in a report on Monday, November 25th. Baird R W downgraded shares of Kohl's from a "strong-buy" rating to a "hold" rating in a report on Wednesday, November 27th. Finally, Gordon Haskett lowered shares of Kohl's from a "hold" rating to a "reduce" rating and set a $11.00 price objective for the company. in a research report on Tuesday, November 26th.

Insider Buying and Selling at Kohl's

In other news, EVP Feeney Siobhan Mc sold 3,827 shares of the company's stock in a transaction dated Friday, January 3rd. The stock was sold at an average price of $14.05, for a total value of $53,769.35. Following the completion of the transaction, the executive vice president now directly owns 133,091 shares in the company, valued at approximately $1,869,928.55. This represents a 2.80 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.86% of the company's stock.

Institutional Trading of Kohl's

A number of hedge funds have recently bought and sold shares of KSS. Ensign Peak Advisors Inc raised its stake in shares of Kohl's by 29.3% during the second quarter. Ensign Peak Advisors Inc now owns 60,404 shares of the company's stock worth $1,389,000 after acquiring an additional 13,700 shares in the last quarter. Public Sector Pension Investment Board grew its holdings in shares of Kohl's by 7.5% during the 2nd quarter. Public Sector Pension Investment Board now owns 244,048 shares of the company's stock valued at $5,611,000 after purchasing an additional 17,116 shares during the last quarter. Bank of Montreal Can raised its position in Kohl's by 35.6% in the 2nd quarter. Bank of Montreal Can now owns 37,799 shares of the company's stock worth $907,000 after purchasing an additional 9,929 shares during the period. Squarepoint Ops LLC lifted its stake in Kohl's by 6,076.8% in the second quarter. Squarepoint Ops LLC now owns 1,834,509 shares of the company's stock worth $42,175,000 after purchasing an additional 1,804,809 shares during the last quarter. Finally, Abich Financial Wealth Management LLC purchased a new stake in Kohl's during the second quarter valued at about $49,000. Institutional investors own 98.04% of the company's stock.

Kohl's Stock Performance

Kohl's stock traded down $0.12 during midday trading on Friday, reaching $13.62. The stock had a trading volume of 5,259,134 shares, compared to its average volume of 7,214,333. The firm has a market capitalization of $1.52 billion, a PE ratio of 6.14 and a beta of 1.87. Kohl's has a 12 month low of $12.62 and a 12 month high of $29.60. The company has a quick ratio of 0.12, a current ratio of 1.05 and a debt-to-equity ratio of 0.97. The firm's 50-day moving average price is $14.59 and its 200 day moving average price is $18.03.

Kohl's (NYSE:KSS - Get Free Report) last posted its quarterly earnings results on Tuesday, November 26th. The company reported $0.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.28 by ($0.08). The business had revenue of $3.71 billion during the quarter, compared to the consensus estimate of $3.64 billion. Kohl's had a net margin of 1.47% and a return on equity of 6.44%. The business's revenue for the quarter was down 8.5% on a year-over-year basis. During the same period last year, the firm earned $0.53 EPS. As a group, research analysts predict that Kohl's will post 1.31 earnings per share for the current fiscal year.

Kohl's Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 24th. Stockholders of record on Wednesday, December 11th were issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 14.68%. The ex-dividend date of this dividend was Wednesday, December 11th. Kohl's's dividend payout ratio is currently 90.09%.

Kohl's Company Profile

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.