Kohl's (NYSE:KSS) Sets New 1-Year High - What's Next?

Key Points

• Kohl’s shares reached a new 52-week high of $25.31, up from a previous close of $23.62.
• The retailer beat quarterly estimates, reporting EPS of $1.28 versus $0.58 expected and revenue of $3.52 billion versus $3.32 billion expected; revenue was down 0.9% year over year.
• Analyst sentiment remains cautious despite a recent upgrade: MarketBeat reports an average “Reduce” rating and a $17.25 average price target, well below the stock’s recent trading level.

Kohl's Corporation (NYSE:KSS - Get Free Report) hit a new 52-week high on Wednesday. The company traded as high as $25.31 and last traded at $24.9890, with a volume of 522,469 shares changing hands. The stock had previously closed at $23.62.

Analyst Ratings Changes

Several equities research analysts have weighed in on the company. Gordon Haskett upgraded Kohl's from a "hold" rating to a "buy" rating and set a $27.00 target price for the company in a report on Thursday, October 22nd. Robert W. Baird raised their price target on Kohl's from $19.00 to $20.00 and gave the company a "neutral" rating in a research note on Thursday, August 27th. Telsey Advisory Group lifted their price objective on Kohl's from $17.00 to $18.00 and gave the company a "market perform" rating in a report on Thursday, August 27th. Zacks Research lowered shares of Kohl's from a "strong-buy" rating to a "hold" rating in a research note on Monday. Finally, Weiss Ratings upgraded shares of Kohl's from a "hold (c)" rating to a "hold (c+)" rating in a report on Friday, September 25th. Two equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and five have assigned a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of "Reduce" and an average target price of $17.25.

Kohl's Stock Up 5.5%

The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.41 and a current ratio of 1.49. The stock has a market capitalization of $2.82 billion, a PE ratio of 10.87 and a beta of 1.29. The business has a 50 day moving average of $19.76 and a two-hundred day moving average of $17.07.

Kohl's (NYSE:KSS - Get Free Report) last issued its quarterly earnings data on Wednesday, August 26th. The company reported $1.28 earnings per share for the quarter, beating analysts' consensus estimates of $0.58 by $0.70. The company had revenue of $3.52 billion for the quarter, compared to the consensus estimate of $3.32 billion. Kohl's had a return on equity of 6.75% and a net margin of 1.75%. The firm's revenue for the quarter was down .9% compared to the same quarter last year. During the same quarter last year, the company earned $0.56 earnings per share. Kohl's has set its FY 2026 guidance at 1.800-2.400 EPS. Analysts predict that Kohl's Corporation will post 2.10 EPS for the current year.

Kohl's Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 23rd. Stockholders of record on Wednesday, September 9th were given a $0.1250 dividend. The ex-dividend date of this dividend was Wednesday, September 9th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.0%. Kohl's's payout ratio is presently 21.83%.

Insider Activity

In related news, insider Jennifer Kent sold 22,940 shares of the business's stock in a transaction that occurred on Thursday, October 22nd. The shares were sold at an average price of $24.00, for a total transaction of $550,560.00. Following the completion of the transaction, the insider owned 188,572 shares in the company, valued at $4,525,728. The trade was a 10.85% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 45,880 shares of company stock valued at $1,055,240. 1.55% of the stock is owned by insiders.

Institutional Investors Weigh In On Kohl's

Institutional investors have recently bought and sold shares of the company. Dimensional Fund Advisors LP boosted its position in shares of Kohl's by 13.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 6,342,340 shares of the company's stock worth $81,811,000 after purchasing an additional 744,539 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its stake in Kohl's by 107.9% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 2,479,061 shares of the company's stock worth $31,980,000 after buying an additional 1,286,710 shares during the last quarter. Commonwealth Equity Services LLC grew its stake in Kohl's by 1.9% during the 3rd quarter. Commonwealth Equity Services LLC now owns 1,411,666 shares of the company's stock worth $26,059,000 after buying an additional 25,841 shares during the last quarter. Hsbc Holdings PLC increased its position in Kohl's by 1,497.7% during the 4th quarter. Hsbc Holdings PLC now owns 1,141,932 shares of the company's stock valued at $23,406,000 after buying an additional 1,070,457 shares in the last quarter. Finally, Alyeska Investment Group L.P. acquired a new position in Kohl's during the 2nd quarter valued at about $13,487,000. 98.04% of the stock is currently owned by institutional investors and hedge funds.

About Kohl's

Kohl's Corporation NYSE: KSS is an American department store retailer that sells apparel, footwear, accessories, beauty products, home furnishings, toys and other consumer merchandise. The company serves customers through its stores and digital platforms, offering a mix of national brands, private-label products and exclusive merchandise.

Kohl's is headquartered in Menomonee Falls, Wisconsin, and operates primarily in the United States. Its retail model combines department store shopping with e-commerce and services such as in-store and online fulfillment.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.