Kohl's (NYSE:KSS) Price Target Lowered to $12.00 at Jefferies Financial Group

Kohl's (NYSE:KSS - Get Free Report) had its target price decreased by investment analysts at Jefferies Financial Group from $15.00 to $12.00 in a report released on Tuesday,Benzinga reports. The brokerage currently has a "hold" rating on the stock. Jefferies Financial Group's price objective points to a potential downside of 0.62% from the company's current price.

Several other brokerages also recently issued reports on KSS. Robert W. Baird downgraded shares of Kohl's from an "outperform" rating to a "neutral" rating and cut their price objective for the stock from $25.00 to $18.00 in a research report on Wednesday, November 27th. Morgan Stanley dropped their price target on Kohl's from $17.00 to $15.00 and set an "underweight" rating for the company in a report on Monday, November 25th. Citigroup decreased their price objective on Kohl's from $18.00 to $14.00 and set a "neutral" rating on the stock in a report on Wednesday, November 27th. TD Cowen cut their price target on Kohl's from $20.00 to $16.00 and set a "hold" rating for the company in a research note on Wednesday, November 27th. Finally, Guggenheim lowered Kohl's from a "buy" rating to a "neutral" rating in a research note on Monday, December 2nd. Three investment analysts have rated the stock with a sell rating and nine have issued a hold rating to the stock. According to MarketBeat, Kohl's currently has an average rating of "Hold" and an average target price of $16.70.

Kohl's Stock Performance

Shares of KSS traded down $0.69 during mid-day trading on Tuesday, reaching $12.08. The company's stock had a trading volume of 9,591,580 shares, compared to its average volume of 7,093,641. The company has a current ratio of 1.05, a quick ratio of 0.12 and a debt-to-equity ratio of 0.97. Kohl's has a 1-year low of $12.06 and a 1-year high of $29.60. The business has a 50-day simple moving average of $13.94 and a two-hundred day simple moving average of $17.41. The stock has a market cap of $1.34 billion, a P/E ratio of 5.44 and a beta of 1.85.

Kohl's (NYSE:KSS - Get Free Report) last announced 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 for the quarter, compared to analyst estimates of $3.64 billion. Kohl's had a net margin of 1.47% and a return on equity of 6.44%. The company's revenue for the quarter was down 8.5% compared to the same quarter last year. During the same period in the prior year, the business earned $0.53 EPS. As a group, equities research analysts anticipate that Kohl's will post 1.31 earnings per share for the current fiscal year.

Insider Buying and Selling at Kohl's

In related news, EVP Feeney Siobhan Mc sold 3,827 shares of the business's stock in a transaction 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 owns 133,091 shares of the company's stock, valued at $1,869,928.55. The trade was a 2.80 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 0.86% of the company's stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Summit X LLC raised its position in shares of Kohl's by 7.0% during the fourth quarter. Summit X LLC now owns 28,189 shares of the company's stock worth $396,000 after acquiring an additional 1,835 shares during the last quarter. AlphaQuest LLC increased its position in Kohl's by 275.3% during the 4th quarter. AlphaQuest LLC now owns 10,637 shares of the company's stock valued at $149,000 after purchasing an additional 7,803 shares during the period. Raymond James Financial Inc. bought a new position in Kohl's during the 4th quarter worth approximately $330,000. Dana Investment Advisors Inc. lifted its position in shares of Kohl's by 56.7% in the 4th quarter. Dana Investment Advisors Inc. now owns 253,151 shares of the company's stock worth $3,554,000 after purchasing an additional 91,590 shares during the period. Finally, Victory Capital Management Inc. boosted its stake in shares of Kohl's by 7.4% in the 4th quarter. Victory Capital Management Inc. now owns 147,647 shares of the company's stock valued at $2,073,000 after purchasing an additional 10,116 shares during the last quarter. 98.04% of the stock is owned by institutional investors and hedge funds.

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.