Analysts Set Kohl’s Co. (NYSE:KSS) PT at $17.22

Kohl’s Co. (NYSE:KSS) has been assigned an average rating of “Reduce” from the ten analysts that are covering the stock, MarketBeat reports. Three investment analysts have rated the stock with a sell recommendation and seven have issued a hold recommendation on the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is $17.22.

A number of brokerages have recently issued reports on KSS. Evercore ISI cut their price objective on shares of Kohl’s from $22.00 to $20.00 and set an “in-line” rating for the company in a research report on Thursday, August 29th. Baird R W lowered Kohl’s from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 27th. Morgan Stanley decreased their price objective on Kohl’s from $17.00 to $15.00 and set an “underweight” rating on the stock in a research note on Monday, November 25th. Robert W. Baird downgraded Kohl’s from an “outperform” rating to a “neutral” rating and cut their price objective for the company from $25.00 to $18.00 in a research note on Wednesday, November 27th. Finally, TD Cowen decreased their target price 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.

Insider Buying and Selling at Kohl’s

In other news, EVP Feeney Siobhan Mc sold 16,367 shares of the stock in a transaction that occurred on Thursday, October 3rd. The stock was sold at an average price of $19.27, for a total transaction of $315,392.09. Following the completion of the transaction, the executive vice president now directly owns 136,799 shares in the company, valued at approximately $2,636,116.73. This represents a 10.69 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.86% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Kohl’s

A number of hedge funds have recently bought and sold shares of KSS. Tidal Investments LLC lifted its stake in shares of Kohl’s by 23.0% in the 1st quarter. Tidal Investments LLC now owns 15,942 shares of the company’s stock valued at $465,000 after purchasing an additional 2,982 shares during the last quarter. CWM LLC boosted its stake in Kohl’s by 97.1% during the second quarter. CWM LLC now owns 1,924 shares of the company’s stock worth $44,000 after buying an additional 948 shares during the period. Annex Advisory Services LLC increased its position in Kohl’s by 19.5% during the second quarter. Annex Advisory Services LLC now owns 196,637 shares of the company’s stock valued at $4,521,000 after acquiring an additional 32,034 shares during the last quarter. Gilman Hill Asset Management LLC raised its stake in shares of Kohl’s by 2.4% in the second quarter. Gilman Hill Asset Management LLC now owns 320,070 shares of the company’s stock valued at $7,358,000 after acquiring an additional 7,419 shares during the period. Finally, SG Americas Securities LLC lifted its holdings in shares of Kohl’s by 518.9% in the 2nd quarter. SG Americas Securities LLC now owns 855,089 shares of the company’s stock worth $19,658,000 after acquiring an additional 716,919 shares during the last quarter. Hedge funds and other institutional investors own 98.04% of the company’s stock.

Kohl’s Price Performance

Shares of NYSE:KSS opened at $15.26 on Thursday. The business has a fifty day moving average price of $18.05 and a 200-day moving average price of $20.09. 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 company has a market capitalization of $1.70 billion, a PE ratio of 6.87, a PEG ratio of 1.47 and a beta of 1.89. Kohl’s has a 1-year low of $14.22 and a 1-year high of $29.60.

Kohl’s (NYSE:KSS) last issued its earnings results on Tuesday, November 26th. The company reported $0.20 EPS for the quarter, missing the consensus estimate of $0.28 by ($0.08). Kohl’s had a net margin of 1.47% and a return on equity of 6.44%. The business had revenue of $3.71 billion for the quarter, compared to analysts’ expectations of $3.64 billion. During the same quarter in the prior year, the business posted $0.53 earnings per share. The business’s revenue for the quarter was down 8.5% on a year-over-year basis. As a group, equities analysts expect that Kohl’s will post 1.3 EPS for the current fiscal year.

Kohl’s Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 24th. Investors of record on Wednesday, December 11th will be paid a dividend of $0.50 per share. The ex-dividend date of this dividend is Wednesday, December 11th. This represents a $2.00 annualized dividend and a yield of 13.11%. Kohl’s’s payout ratio is 90.09%.

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.