Kohl's (NYSE:KSS) Reaches New 1-Year Low - Here's Why

Kohl's Co. (NYSE:KSS - Get Free Report) hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $11.85 and last traded at $12.00, with a volume of 1092627 shares changing hands. The stock had previously closed at $12.08.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on KSS. Morgan Stanley decreased their price target on shares of Kohl's from $17.00 to $15.00 and set an "underweight" rating on the stock in a research note on Monday, November 25th. Citigroup decreased their price target on shares of Kohl's from $18.00 to $14.00 and set a "neutral" rating on the stock in a research note on Wednesday, November 27th. Jefferies Financial Group decreased their price target on shares of Kohl's from $15.00 to $12.00 and set a "hold" rating on the stock in a research note on Tuesday, February 4th. Gordon Haskett downgraded shares of Kohl's from a "hold" rating to a "reduce" rating and set a $11.00 price target on the stock. in a research note on Tuesday, November 26th. Finally, TD Cowen decreased their price target on shares of Kohl's from $20.00 to $16.00 and set a "hold" rating on the stock in a research note on Wednesday, November 27th. Three research analysts have rated the stock with a sell rating and nine have assigned a hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $16.70.

Kohl's Stock Down 1.1 %

The company has a debt-to-equity ratio of 0.97, a current ratio of 1.05 and a quick ratio of 0.12. The business's 50 day simple moving average is $13.52 and its 200 day simple moving average is $17.02. The company has a market capitalization of $1.31 billion, a PE ratio of 5.28 and a beta of 1.85.

Kohl's (NYSE:KSS - Get Free Report) last released its quarterly earnings results on Tuesday, November 26th. The company reported $0.20 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.28 by ($0.08). The company had revenue of $3.71 billion during the quarter, compared to analysts' expectations of $3.64 billion. Kohl's had a net margin of 1.47% and a return on equity of 6.44%. Kohl's's revenue was down 8.5% on a year-over-year basis. During the same period last year, the firm posted $0.53 earnings per share. As a group, analysts anticipate that Kohl's Co. will post 1.3 earnings per share for the current fiscal year.

Insider Activity

In other news, EVP Feeney Siobhan Mc sold 3,827 shares of the business's stock in a transaction that occurred on Friday, January 3rd. The shares were sold at an average price of $14.05, for a total value of $53,769.35. Following the sale, the executive vice president now directly owns 133,091 shares of the company's stock, valued at approximately $1,869,928.55. The trade was a 2.80 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.86% of the company's stock.

Institutional Investors Weigh In On Kohl's

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Whitebox Advisors LLC raised its stake in shares of Kohl's by 96.5% in the 4th quarter. Whitebox Advisors LLC now owns 123,320 shares of the company's stock valued at $1,731,000 after acquiring an additional 60,550 shares during the period. Northern Trust Corp grew its holdings in shares of Kohl's by 14.7% in the fourth quarter. Northern Trust Corp now owns 890,188 shares of the company's stock valued at $12,498,000 after purchasing an additional 113,875 shares in the last quarter. Susquehanna Fundamental Investments LLC acquired a new position in shares of Kohl's in the fourth quarter valued at approximately $4,139,000. Two Sigma Securities LLC grew its holdings in shares of Kohl's by 529.7% in the fourth quarter. Two Sigma Securities LLC now owns 19,521 shares of the company's stock valued at $274,000 after purchasing an additional 16,421 shares in the last quarter. Finally, Banco Bilbao Vizcaya Argentaria S.A. grew its holdings in shares of Kohl's by 8.4% in the fourth quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 144,456 shares of the company's stock valued at $1,999,000 after purchasing an additional 11,220 shares in the last quarter. 98.04% of the stock is owned by hedge funds and other 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.