Kohl's' (KSS) Hold (C-) Rating Reiterated at Weiss Ratings

Key Points

• Kohl's stock received a "hold (C-)" rating from Weiss Ratings, indicating a cautious stance among analysts regarding its performance.
• Kohl's reported quarterly earnings of $0.56 per share, surpassing analyst expectations, but its revenue of $3.35 billion fell short of estimates.
• Investment analysts have varied price objectives for Kohl's, with an average target price of $12.75, amidst a mix of Buy, Hold, and Sell ratings.

Kohl's (NYSE:KSS - Get Free Report)'s stock had its "hold (c-)" rating reiterated by investment analysts at Weiss Ratings in a research note issued to investors on Wednesday,Weiss Ratings reports.

Other equities analysts have also issued research reports about the company. JPMorgan Chase & Co. lifted their price objective on Kohl's from $10.00 to $11.00 and gave the company an "underweight" rating in a research note on Thursday, August 28th. Barclays boosted their price objective on Kohl's from $5.00 to $8.00 and gave the stock an "underweight" rating in a research note on Thursday, August 28th. Telsey Advisory Group boosted their target price on Kohl's from $9.00 to $16.00 and gave the stock a "market perform" rating in a report on Wednesday, August 27th. Cowen restated a "hold" rating on shares of Kohl's in a report on Thursday, August 28th. Finally, Robert W. Baird upped their price objective on Kohl's from $9.00 to $15.00 and gave the company a "neutral" rating in a report on Thursday, August 28th. One investment analyst has rated the stock with a Buy rating, ten have issued a Hold rating and six have issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Reduce" and a consensus target price of $12.75.

Kohl's Price Performance

KSS opened at $15.74 on Wednesday. The company has a quick ratio of 0.19, a current ratio of 1.36 and a debt-to-equity ratio of 1.00. The business has a fifty day moving average of $14.89 and a 200 day moving average of $10.62. The stock has a market cap of $1.76 billion, a P/E ratio of 8.51 and a beta of 1.71. Kohl's has a 52-week low of $6.04 and a 52-week high of $21.39.

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

Hedge Funds Weigh In On Kohl's

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Hussman Strategic Advisors Inc. grew its stake in Kohl's by 40.0% in the first quarter. Hussman Strategic Advisors Inc. now owns 147,000 shares of the company's stock worth $1,202,000 after purchasing an additional 42,000 shares during the period. New Republic Capital LLC purchased a new stake in Kohl's in the first quarter worth $243,000. Jefferies Financial Group Inc. purchased a new stake in Kohl's in the first quarter worth $409,000. Banco Bilbao Vizcaya Argentaria S.A. grew its stake in Kohl's by 37.0% in the first quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 197,974 shares of the company's stock worth $1,649,000 after purchasing an additional 53,518 shares during the period. Finally, XTX Topco Ltd grew its stake in Kohl's by 313.1% in the first quarter. XTX Topco Ltd now owns 142,270 shares of the company's stock worth $1,164,000 after purchasing an additional 107,831 shares during the period. Institutional investors own 98.04% of the company's stock.

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.

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