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

Kohl's (NYSE:KSS - Get Free Report) had its price objective cut by analysts at Jefferies Financial Group from $15.00 to $12.00 in a research note issued to investors on Tuesday,Benzinga reports. The firm presently has a "hold" rating on the stock. Jefferies Financial Group's price objective points to a potential downside of 0.62% from the stock's current price.

Other equities analysts have also recently issued research reports about the company. TD Cowen reduced their target price on Kohl's from $20.00 to $16.00 and set a "hold" rating for the company in a 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 research report on Monday, November 25th. Citigroup dropped their price target on Kohl's from $18.00 to $14.00 and set a "neutral" rating for the company in a research report on Wednesday, November 27th. Baird R W lowered Kohl's from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, November 27th. Finally, Guggenheim lowered Kohl's from a "buy" rating to a "neutral" rating in a research report on Monday, December 2nd. Three research analysts have rated the stock with a sell rating and nine have assigned a hold rating to the company's stock. According to MarketBeat, Kohl's presently has an average rating of "Hold" and an average target price of $16.70.

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Kohl's Price Performance

NYSE KSS traded down $0.69 during trading hours on Tuesday, reaching $12.08. The company's stock had a trading volume of 9,591,580 shares, compared to its average volume of 6,646,935. The company's 50-day moving average is $13.88 and its two-hundred day moving average is $17.35. Kohl's has a 1-year low of $12.06 and a 1-year high of $29.60. The firm has a market capitalization of $1.34 billion, a price-to-earnings ratio of 5.44 and a beta of 1.85. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.05 and a quick ratio of 0.12.

Kohl's (NYSE:KSS - Get Free Report) last announced its earnings results on Tuesday, November 26th. The company reported $0.20 EPS for the quarter, missing analysts' consensus estimates of $0.28 by ($0.08). Kohl's had a net margin of 1.47% and a return on equity of 6.44%. The firm had revenue of $3.71 billion for the quarter, compared to analyst estimates of $3.64 billion. During the same period in the previous year, the company earned $0.53 EPS. Kohl's's revenue was down 8.5% compared to the same quarter last year. On average, equities analysts predict that Kohl's will post 1.3 EPS for the current year.

Insider Buying and Selling

In other Kohl's news, EVP Feeney Siobhan Mc sold 3,827 shares of Kohl's stock in a transaction that occurred on Friday, January 3rd. The stock was 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 approximately $1,869,928.55. The trade was a 2.80 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.86% of the company's stock.

Institutional Investors Weigh In On Kohl's

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Axiom Advisory LLC grew its stake in shares of Kohl's by 13.1% during the 3rd quarter. Axiom Advisory LLC now owns 14,552 shares of the company's stock valued at $297,000 after buying an additional 1,680 shares during the period. CWM LLC raised its stake in shares of Kohl's by 590.5% in the 3rd quarter. CWM LLC now owns 13,286 shares of the company's stock valued at $280,000 after purchasing an additional 11,362 shares in the last quarter. Annex Advisory Services LLC raised its stake in shares of Kohl's by 2.1% in the 3rd quarter. Annex Advisory Services LLC now owns 200,789 shares of the company's stock valued at $4,237,000 after purchasing an additional 4,152 shares in the last quarter. Gilman Hill Asset Management LLC raised its stake in Kohl's by 4.3% during the third quarter. Gilman Hill Asset Management LLC now owns 333,786 shares of the company's stock worth $7,043,000 after acquiring an additional 13,716 shares during the period. Finally, Paragon Capital Management Inc. acquired a new stake in Kohl's during the third quarter worth about $1,801,000. 98.04% of the stock is currently 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.