Kohl's Corporation (NYSE:KSS) Given Consensus Recommendation of "Reduce" by Brokerages

Key Points

• Kohl's Corporation (NYSE: KSS) has received a **consensus recommendation of "Reduce"** from 18 brokerages, with six analysts recommending a sell and only one a buy.
• The average **twelve-month target price** for Kohl's stock is currently set at **$12.75**, reflecting analysts' cautious outlook on the company's performance.
• Despite a revenue decline of **5% year-over-year**, Kohl's reported earnings per share (EPS) of **$0.56**, exceeding analysts' expectations of **$0.33**.

Kohl's Corporation (NYSE:KSS - Get Free Report) has received an average rating of "Reduce" from the eighteen brokerages that are covering the firm, Marketbeat.com reports. Six analysts have rated the stock with a sell recommendation, eleven have given a hold recommendation and one has assigned a buy recommendation to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $12.75.

Several research firms have issued reports on KSS. Gordon Haskett upgraded shares of Kohl's from a "hold" rating to an "accumulate" rating in a research report on Wednesday, August 27th. Citigroup raised their price target on shares of Kohl's from $16.00 to $19.00 and gave the stock a "neutral" rating in a research report on Friday, September 19th. Barclays raised their price target on shares of Kohl's from $5.00 to $8.00 and gave the stock an "underweight" rating in a research report on Thursday, August 28th. BTIG Research started coverage on shares of Kohl's in a research report on Tuesday, October 14th. They issued a "neutral" rating on the stock. Finally, Evercore ISI raised their price objective on shares of Kohl's from $8.00 to $13.00 and gave the stock an "in-line" rating in a report on Thursday, August 28th.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. New York State Teachers Retirement System boosted its stake in Kohl's by 9.9% in the 3rd quarter. New York State Teachers Retirement System now owns 108,667 shares of the company's stock worth $1,670,000 after purchasing an additional 9,766 shares in the last quarter. Bayforest Capital Ltd bought a new stake in shares of Kohl's during the third quarter valued at approximately $765,000. Caldwell Trust Co bought a new stake in shares of Kohl's during the third quarter valued at approximately $33,000. TriaGen Wealth Management LLC purchased a new position in shares of Kohl's in the third quarter valued at $730,000. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in shares of Kohl's in the third quarter valued at $354,000. 98.04% of the stock is owned by hedge funds and other institutional investors.

Kohl's Price Performance

NYSE KSS opened at $16.38 on Friday. The company has a current ratio of 1.36, a quick ratio of 0.19 and a debt-to-equity ratio of 1.00. The company has a fifty day simple moving average of $15.74 and a 200 day simple moving average of $11.30. The company has a market cap of $1.84 billion, a P/E ratio of 8.85 and a beta of 1.71. Kohl's has a 1 year low of $6.04 and a 1 year high of $21.39.

Kohl's (NYSE:KSS - Get Free Report) last posted its quarterly earnings data on Wednesday, August 27th. The company reported $0.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.33 by $0.23. The business had revenue of $3.35 billion during the quarter, compared to the consensus estimate of $3.37 billion. Kohl's had a net margin of 1.31% and a return on equity of 4.62%. Kohl's's quarterly revenue was down 5.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.59 EPS. Kohl's has set its FY 2025 guidance at 0.500-0.800 EPS. On average, sell-side analysts predict that Kohl's will post 1.3 EPS for the current year.

Kohl's Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 24th. Stockholders of record on Wednesday, September 10th were issued a $0.125 dividend. The ex-dividend date of this dividend was Wednesday, September 10th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 3.1%. Kohl's's dividend payout ratio is presently 27.03%.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.