Kohl's (NYSE:KSS) Rating Lowered to Sell at Wall Street Zen

Key Points

• Kohl's has been downgraded from a "hold" to a "sell" rating by analysts at Wall Street Zen.
• The company's stock has a current average target price of $9.89 with a consensus rating of "Reduce" among equity analysts.
• Kohl's reported a 12 month low of $6.04 and a high of $21.39, with quarterly earnings showing a slight improvement in EPS compared to last year.

Kohl's (NYSE:KSS - Get Free Report) was downgraded by analysts at Wall Street Zen from a "hold" rating to a "sell" rating in a research note issued on Sunday.

A number of other research analysts also recently commented on KSS. The Goldman Sachs Group reaffirmed a "sell" rating on shares of Kohl's in a research note on Thursday, May 29th. Evercore ISI decreased their target price on Kohl's from $9.00 to $8.00 and set an "in-line" rating for the company in a report on Friday, May 2nd. Gordon Haskett upgraded Kohl's from a "reduce" rating to a "hold" rating in a report on Tuesday, August 12th. Telsey Advisory Group reiterated a "market perform" rating and set a $9.00 target price on shares of Kohl's in a report on Thursday. Finally, JPMorgan Chase & Co. boosted their target price on Kohl's from $8.00 to $10.00 and gave the stock an "underweight" rating in a report on Monday, July 28th. Nine analysts have rated the stock with a Hold rating and six have issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Reduce" and an average target price of $9.89.

Kohl's Trading Up 3.8%

NYSE KSS opened at $13.8320 on Friday. Kohl's has a 12 month low of $6.04 and a 12 month high of $21.39. The company has a 50-day moving average of $10.73 and a 200-day moving average of $9.43. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.09 and a quick ratio of 0.14. The company has a market cap of $1.55 billion, a P/E ratio of 12.69 and a beta of 1.73.

Kohl's (NYSE:KSS - Get Free Report) last posted its quarterly earnings data on Thursday, May 29th. The company reported ($0.13) EPS for the quarter, beating analysts' consensus estimates of ($0.22) by $0.09. Kohl's had a net margin of 0.75% and a return on equity of 4.71%. The company had revenue of $3.05 billion during the quarter, compared to the consensus estimate of $3.01 billion. During the same quarter in the prior year, the company posted ($0.24) EPS. The company's quarterly revenue was down 4.1% compared to the same quarter last year. Kohl's has set its FY 2025 guidance at 0.100-0.600 EPS. As a group, equities analysts predict that Kohl's will post 1.3 earnings per share for the current year.

Institutional Trading of Kohl's

Large investors have recently bought and sold shares of the company. Hussman Strategic Advisors Inc. grew its position in Kohl's by 40.0% in the first quarter. Hussman Strategic Advisors Inc. now owns 147,000 shares of the company's stock valued at $1,202,000 after acquiring an additional 42,000 shares in the last quarter. New Republic Capital LLC acquired a new stake in Kohl's in the first quarter valued at approximately $243,000. Jefferies Financial Group Inc. acquired a new stake in Kohl's in the first quarter valued at approximately $409,000. XTX Topco Ltd grew its position in Kohl's by 313.1% in the first quarter. XTX Topco Ltd now owns 142,270 shares of the company's stock valued at $1,164,000 after acquiring an additional 107,831 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Kohl's by 13.4% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 428,939 shares of the company's stock valued at $6,022,000 after acquiring an additional 50,671 shares in the last quarter. Institutional investors and hedge funds 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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