Kohl’s Co. (KSS) Receives $69.29 Consensus Price Target from Analysts

Shares of Kohl’s Co. (NYSE:KSS) have received an average recommendation of “Hold” from the twenty-two brokerages that are currently covering the company, Marketbeat.com reports. Four investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and eight have issued a buy rating on the company. The average 1-year price target among brokers that have covered the stock in the last year is $69.29.

Several equities analysts recently weighed in on the company. Atlantic Securities raised Kohl’s from an “underweight” rating to a “neutral” rating and set a $71.50 price objective for the company in a research note on Wednesday, March 6th. Guggenheim reaffirmed a “buy” rating and issued a $80.00 price objective on shares of Kohl’s in a research note on Tuesday, March 5th. Morgan Stanley dropped their price objective on Kohl’s from $58.00 to $50.00 and set an “underweight” rating for the company in a research note on Thursday, May 23rd. Bank of America reaffirmed a “buy” rating and issued a $80.00 price objective on shares of Kohl’s in a research note on Wednesday, March 13th. Finally, Robert W. Baird dropped their price objective on Kohl’s from $80.00 to $70.00 and set an “outperform” rating for the company in a research note on Wednesday, May 22nd.

A number of institutional investors have recently added to or reduced their stakes in the business. Truehand Inc acquired a new stake in shares of Kohl’s during the fourth quarter worth $26,000. Loeb Partners Corp acquired a new stake in shares of Kohl’s during the fourth quarter worth $28,000. Cullen Frost Bankers Inc. acquired a new stake in shares of Kohl’s during the first quarter worth $33,000. Princeton Capital Management LLC boosted its holdings in shares of Kohl’s by 94.3% during the first quarter. Princeton Capital Management LLC now owns 544 shares of the company’s stock worth $37,000 after purchasing an additional 264 shares during the last quarter. Finally, Liberty Wealth Management LLC acquired a new position in Kohl’s in the fourth quarter valued at $36,000.

Shares of KSS stock opened at $47.97 on Tuesday. The company has a market cap of $7.98 billion, a PE ratio of 8.75, a price-to-earnings-growth ratio of 0.92 and a beta of 1.06. Kohl’s has a 12-month low of $47.08 and a 12-month high of $83.28. The company has a quick ratio of 0.34, a current ratio of 1.66 and a debt-to-equity ratio of 1.06.

Kohl’s (NYSE:KSS) last issued its earnings results on Tuesday, May 21st. The company reported $0.61 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.67 by ($0.06). The business had revenue of $3.82 billion for the quarter, compared to analysts’ expectations of $3.97 billion. Kohl’s had a return on equity of 16.74% and a net margin of 3.91%. The business’s quarterly revenue was down 3.3% on a year-over-year basis. During the same period last year, the company posted $0.64 earnings per share. On average, equities research analysts expect that Kohl’s will post 5.33 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 26th. Shareholders of record on Wednesday, June 12th will be given a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a yield of 5.59%. The ex-dividend date of this dividend is Tuesday, June 11th. Kohl’s’s payout ratio is 47.86%.

About Kohl’s

Kohl's Corporation operates as an omni-channel retailer in the United States. Its stores and Website offer apparel, footwear, accessories, beauty, and home products. As of February 3, 2018, it operated 1,158 department stores; a Website Kohls.com; and 12 FILA outlets, and 4 Off-Aisle clearance centers.

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Analyst Recommendations for Kohl`s (NYSE:KSS)

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