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

Kohl's Co. (NYSE:KSS - Get Free Report) has earned an average recommendation of "Hold" from the seven ratings firms that are currently covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating on the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $24.60.

A number of equities research analysts have recently commented on the stock. StockNews.com raised shares of Kohl's from a "hold" rating to a "buy" rating in a report on Thursday. Morgan Stanley lifted their price objective on shares of Kohl's from $18.00 to $19.00 and gave the company an "underweight" rating in a report on Thursday, March 21st. TD Cowen increased their target price on shares of Kohl's from $28.00 to $31.00 and gave the stock an "outperform" rating in a research note on Wednesday, March 13th. Telsey Advisory Group upped their price target on Kohl's from $25.00 to $28.00 and gave the stock a "market perform" rating in a report on Wednesday, March 13th. Finally, JPMorgan Chase & Co. raised their price objective on Kohl's from $21.00 to $25.00 and gave the company a "neutral" rating in a report on Friday.

Kohl's Stock Performance

Shares of Kohl's stock traded up $0.46 during trading on Friday, hitting $25.74. 3,530,065 shares of the company's stock were exchanged, compared to its average volume of 5,200,846. Kohl's has a 52-week low of $17.68 and a 52-week high of $29.65. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.20 and a current ratio of 1.31. The stock has a market capitalization of $2.85 billion, a price-to-earnings ratio of 9.03, a PEG ratio of 1.45 and a beta of 2.01. The business has a 50-day simple moving average of $25.17 and a 200-day simple moving average of $25.82.

Kohl's (NYSE:KSS - Get Free Report) last issued its quarterly earnings data on Tuesday, March 12th. The company reported $1.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.28 by $0.39. The business had revenue of $5.71 billion during the quarter, compared to analysts' expectations of $5.80 billion. Kohl's had a return on equity of 8.40% and a net margin of 1.81%. The company's revenue for the quarter was down 1.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($2.49) EPS. On average, research analysts forecast that Kohl's will post 2.22 EPS for the current year.

Kohl's Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 26th. Stockholders of record on Wednesday, June 12th will be paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 7.77%. The ex-dividend date of this dividend is Wednesday, June 12th. Kohl's's dividend payout ratio is presently 70.18%.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the company. Headlands Technologies LLC acquired a new position in shares of Kohl's during the 3rd quarter worth approximately $25,000. CWM LLC grew its holdings in Kohl's by 59.7% in the 4th quarter. CWM LLC now owns 1,145 shares of the company's stock valued at $33,000 after buying an additional 428 shares in the last quarter. Hexagon Capital Partners LLC increased its stake in shares of Kohl's by 133.0% in the 4th quarter. Hexagon Capital Partners LLC now owns 1,405 shares of the company's stock worth $40,000 after acquiring an additional 802 shares during the last quarter. Huntington National Bank raised its holdings in shares of Kohl's by 56.1% during the 3rd quarter. Huntington National Bank now owns 2,081 shares of the company's stock worth $44,000 after acquiring an additional 748 shares during the period. Finally, GAMMA Investing LLC acquired a new position in shares of Kohl's during the 4th quarter valued at about $46,000. 98.04% of the stock is owned by institutional investors and hedge funds.

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.