Kohl's (NYSE:KSS) Hits New 1-Year Low - Should You Sell?

Shares of Kohl's Co. (NYSE:KSS - Get Free Report) reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as $12.96 and last traded at $13.04, with a volume of 10191437 shares traded. The stock had previously closed at $13.68.

Analysts Set New Price Targets

A number of analysts have weighed in on the stock. Telsey Advisory Group decreased their target price on shares of Kohl's from $23.00 to $17.00 and set a "market perform" rating on the stock in a research note on Wednesday, November 27th. TD Cowen decreased their target price on shares of Kohl's from $20.00 to $16.00 and set a "hold" rating for the company in a research report on Wednesday, November 27th. Citigroup reduced their price objective 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. Baird R W downgraded shares of Kohl's from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, November 27th. Finally, Robert W. Baird lowered shares of Kohl's from an "outperform" rating to a "neutral" rating and dropped their target price for the company from $25.00 to $18.00 in a report on Wednesday, November 27th. Three equities research analysts have rated the stock with a sell rating and eight have issued a hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $17.22.

Kohl's Price Performance

The company has a market cap of $1.43 billion, a P/E ratio of 5.77, a PEG ratio of 1.38 and a beta of 1.87. The business's fifty day moving average is $15.42 and its 200 day moving average is $18.47. 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 (NYSE:KSS - Get Free Report) last announced its quarterly earnings data on Tuesday, November 26th. The company reported $0.20 earnings per share for the quarter, missing the consensus estimate of $0.28 by ($0.08). The firm had revenue of $3.71 billion during the quarter, compared to analysts' expectations of $3.64 billion. Kohl's had a return on equity of 6.44% and a net margin of 1.47%. The company's revenue was down 8.5% compared to the same quarter last year. During the same period last year, the business posted $0.53 EPS. As a group, sell-side analysts anticipate that Kohl's Co. will post 1.3 EPS for the current year.

Kohl's Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 24th. Shareholders of record on Wednesday, December 11th were issued a dividend of $0.50 per share. The ex-dividend date was Wednesday, December 11th. This represents a $2.00 dividend on an annualized basis and a yield of 15.61%. Kohl's's payout ratio is 90.09%.

Insider Transactions at Kohl's

In other Kohl's news, EVP Feeney Siobhan Mc sold 3,827 shares of the 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 in the company, valued at $1,869,928.55. This represents a 2.80 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 0.86% of the company's stock.

Hedge Funds Weigh In On Kohl's

A number of institutional investors have recently added to or reduced their stakes in KSS. Pacer Advisors Inc. lifted its holdings in shares of Kohl's by 149.3% during the 3rd quarter. Pacer Advisors Inc. now owns 16,572,086 shares of the company's stock worth $349,671,000 after acquiring an additional 9,925,878 shares during the last quarter. Squarepoint Ops LLC lifted its stake in Kohl's by 6,076.8% during 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. AQR Capital Management LLC boosted its holdings in shares of Kohl's by 348.0% in the 2nd quarter. AQR Capital Management LLC now owns 2,180,952 shares of the company's stock worth $50,118,000 after purchasing an additional 1,694,162 shares in the last quarter. FMR LLC increased its position in shares of Kohl's by 10.8% during the 3rd quarter. FMR LLC now owns 7,576,274 shares of the company's stock valued at $159,859,000 after purchasing an additional 740,398 shares during the last quarter. Finally, Empowered Funds LLC raised its holdings in shares of Kohl's by 3,751.8% during the 3rd quarter. Empowered Funds LLC now owns 391,531 shares of the company's stock valued at $8,261,000 after buying an additional 381,366 shares in the last quarter. 98.04% of the stock is currently owned by institutional investors.

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.