Kohl's (NYSE:KSS) Stock Price Expected to Rise, Robert W. Baird Analyst Says

Key Points

• Robert W. Baird analysts have raised Kohl's target price from $9.00 to $15.00, indicating a potential downside of 1.02% from the current stock price.
• Other analysts offer mixed ratings, with Barclays lowering its target to $8.00 and Goldman Sachs maintaining a "sell" rating, highlighting a diverse outlook on the stock.
• Kohl's reported a $0.56 EPS for the last quarter, surpassing estimates, but faced a revenue decline of 5.0% compared to the previous year.

Kohl's (NYSE:KSS - Get Free Report) had its target price upped by analysts at Robert W. Baird from $9.00 to $15.00 in a research note issued on Thursday,Benzinga reports. The brokerage presently has a "neutral" rating on the stock. Robert W. Baird's price target would indicate a potential downside of 1.02% from the company's current price.

Several other equities analysts also recently issued reports on KSS. Barclays raised their price target on shares of Kohl's from $5.00 to $8.00 and gave the company an "underweight" rating in a research note on Thursday. The Goldman Sachs Group reaffirmed a "sell" rating on shares of Kohl's in a research note on Thursday, May 29th. Gordon Haskett raised shares of Kohl's from a "hold" rating to an "accumulate" rating in a research note on Wednesday. Evercore ISI raised their price target on shares of Kohl's from $8.00 to $13.00 and gave the company an "in-line" rating in a research note on Thursday. Finally, JPMorgan Chase & Co. raised their price target on shares of Kohl's from $8.00 to $10.00 and gave the company an "underweight" rating in a research note on Monday, July 28th. One equities research analyst has rated the stock with a Buy rating, nine have given a Hold rating and six have given a Sell rating to the stock. According to MarketBeat, the company has an average rating of "Reduce" and a consensus target price of $10.86.

Kohl's Price Performance

NYSE:KSS traded down $1.02 on Thursday, hitting $15.16. The company had a trading volume of 9,351,879 shares, compared to its average volume of 11,430,104. The stock has a market capitalization of $1.70 billion, a price-to-earnings ratio of 13.82 and a beta of 1.73. The company has a current ratio of 1.09, a quick ratio of 0.14 and a debt-to-equity ratio of 0.95. The firm has a 50 day moving average of $11.08 and a two-hundred day moving average of $9.49. 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 issued its quarterly earnings data on Wednesday, August 27th. The company reported $0.56 EPS for the quarter, beating 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 0.75% and a return on equity of 4.71%. The firm's revenue was down 5.0% compared to the same quarter last year. During the same quarter 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, research analysts anticipate that Kohl's will post 1.3 earnings per share for the current year.

Institutional Investors Weigh In On Kohl's

Large investors have recently modified their holdings of the company. Raymond James Financial Inc. acquired a new stake in Kohl's in the fourth quarter worth $330,000. State of Tennessee Department of Treasury grew its holdings in Kohl's by 30.2% in the fourth quarter. State of Tennessee Department of Treasury now owns 36,493 shares of the company's stock worth $512,000 after purchasing an additional 8,469 shares during the period. Stifel Financial Corp grew its holdings in Kohl's by 38.2% in the fourth quarter. Stifel Financial Corp now owns 66,442 shares of the company's stock worth $933,000 after purchasing an additional 18,352 shares during the period. Hsbc Holdings PLC grew its holdings in Kohl's by 5.6% in the fourth quarter. Hsbc Holdings PLC now owns 99,967 shares of the company's stock worth $1,394,000 after purchasing an additional 5,285 shares during the period. Finally, Northern Trust Corp grew its holdings in Kohl's by 14.7% in the fourth quarter. Northern Trust Corp now owns 890,188 shares of the company's stock worth $12,498,000 after purchasing an additional 113,875 shares during the period. 98.04% of the stock is currently owned by institutional investors and hedge funds.

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.