Kohl's Co. (NYSE:KSS) Receives Consensus Recommendation of "Reduce" from Analysts

Kohl's Co. (NYSE:KSS - Get Free Report) has been given an average recommendation of "Reduce" by the fifteen ratings firms that are presently covering the firm, Marketbeat Ratings reports. Seven research analysts have rated the stock with a sell rating and eight have issued a hold rating on the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $9.75.

Several equities analysts have recently weighed in on the stock. UBS Group cut their target price on shares of Kohl's from $10.00 to $5.00 and set a "sell" rating for the company in a report on Wednesday, March 12th. Wall Street Zen raised shares of Kohl's from a "sell" rating to a "hold" rating in a report on Saturday, May 24th. Telsey Advisory Group reiterated a "market perform" rating and issued a $9.00 price objective on shares of Kohl's in a research report on Thursday. Bank of America dropped their target price on Kohl's from $15.00 to $8.00 and set an "underperform" rating on the stock in a research report on Wednesday, March 12th. Finally, JPMorgan Chase & Co. upped their price target on Kohl's from $7.00 to $8.00 and gave the stock an "underweight" rating in a report on Monday, May 19th.

Institutional Trading of Kohl's

A number of hedge funds have recently bought and sold shares of the business. KBC Group NV grew its position in shares of Kohl's by 58.5% in the fourth quarter. KBC Group NV now owns 5,347 shares of the company's stock valued at $75,000 after purchasing an additional 1,974 shares in the last quarter. EMC Capital Management boosted its stake in Kohl's by 61.8% during the fourth quarter. EMC Capital Management now owns 7,891 shares of the company's stock worth $111,000 after buying an additional 3,014 shares during the last quarter. Yousif Capital Management LLC grew its holdings in Kohl's by 4.2% in the 4th quarter. Yousif Capital Management LLC now owns 57,307 shares of the company's stock valued at $805,000 after buying an additional 2,287 shares in the last quarter. Kingsview Wealth Management LLC acquired a new stake in shares of Kohl's in the 4th quarter worth $516,000. Finally, Empowered Funds LLC raised its holdings in shares of Kohl's by 15.3% during the 4th quarter. Empowered Funds LLC now owns 451,510 shares of the company's stock worth $6,339,000 after acquiring an additional 59,979 shares during the period. Institutional investors and hedge funds own 98.04% of the company's stock.

Kohl's Stock Performance

Shares of KSS stock traded up $0.09 on Thursday, hitting $8.13. The company had a trading volume of 14,911,382 shares, compared to its average volume of 8,850,135. Kohl's has a twelve month low of $6.04 and a twelve month high of $24.83. 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 cap of $905.06 million, a P/E ratio of 3.66 and a beta of 1.61. The company has a 50-day moving average price of $7.40 and a 200-day moving average price of $11.25.

Kohl's (NYSE:KSS - Get Free Report) last announced its quarterly earnings results on Thursday, May 29th. The company reported ($0.13) earnings per share for the quarter, beating the consensus estimate of ($0.22) by $0.09. Kohl's had a return on equity of 6.44% and a net margin of 1.47%. The company had revenue of $3.05 billion during the quarter, compared to analysts' expectations of $3.01 billion. During the same period last year, the business earned ($0.24) earnings per share. Kohl's's quarterly revenue was down 4.1% on a year-over-year basis. As a group, equities research analysts predict that Kohl's will post 1.3 earnings per share for the current fiscal year.

Kohl's Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 25th. Stockholders of record on Wednesday, June 11th will be issued a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a dividend yield of 6.15%. The ex-dividend date of this dividend is Wednesday, June 11th. Kohl's's payout ratio is 51.02%.

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.