Kohl's (NYSE:KSS) Sets New 52-Week Low - What's Next?

Kohl's Co. (NYSE:KSS - Get Free Report) shares hit a new 52-week low during trading on Monday . The company 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.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on KSS shares. Baird R W cut Kohl's from a "strong-buy" rating to a "hold" rating in a report on Wednesday, November 27th. Gordon Haskett downgraded Kohl's from a "hold" rating to a "reduce" rating and set a $11.00 price target for the company. in a research note on Tuesday, November 26th. TD Cowen lowered their price objective on Kohl's from $20.00 to $16.00 and set a "hold" rating on the stock in a research report on Wednesday, November 27th. Guggenheim cut shares of Kohl's from a "buy" rating to a "neutral" rating in a research report on Monday, December 2nd. Finally, Morgan Stanley lowered 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 report on Monday, November 25th. Three investment analysts have rated the stock with a sell rating and nine have assigned a hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $16.70.

Kohl's Price Performance

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 has a market capitalization of $1.32 billion, a P/E ratio of 5.34 and a beta of 1.85. The business's 50 day moving average is $13.67 and its 200-day moving average is $17.15.

Kohl's (NYSE:KSS - Get Free Report) last released 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 business had revenue of $3.71 billion during 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 business's quarterly revenue was down 8.5% compared to the same quarter last year. During the same period last year, the business earned $0.53 earnings per share. As a group, sell-side analysts predict that Kohl's Co. will post 1.3 EPS for the current fiscal year.

Insider Activity at Kohl's

In other Kohl's news, EVP Feeney Siobhan Mc sold 3,827 shares of the 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 trade represents a 2.80 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.86% of the stock is owned by insiders.

Institutional Investors Weigh In On Kohl's

A number of institutional investors have recently added to or reduced their stakes in the business. CWM LLC grew its stake in shares of Kohl's by 590.5% in the third quarter. CWM LLC now owns 13,286 shares of the company's stock worth $280,000 after purchasing an additional 11,362 shares during the last quarter. Paragon Capital Management Inc. acquired a new position in Kohl's during the 3rd quarter worth about $1,801,000. Blue Trust Inc. lifted its holdings in Kohl's by 1,756.0% during the 3rd quarter. Blue Trust Inc. now owns 3,842 shares of the company's stock worth $88,000 after buying an additional 3,635 shares during the period. Venture Visionary Partners LLC bought a new stake in shares of Kohl's in the 3rd quarter valued at about $995,000. Finally, Signaturefd LLC increased its stake in shares of Kohl's by 14.1% in the third quarter. Signaturefd LLC now owns 3,965 shares of the company's stock valued at $84,000 after buying an additional 491 shares during the period. 98.04% of the stock is 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.