Kohl's (NYSE:KSS) Upgraded by Wall Street Zen to Hold Rating

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

Other equities analysts have also recently issued research reports about the company. Evercore ISI dropped 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. Telsey Advisory Group reiterated a "market perform" rating and issued a $9.00 target price on shares of Kohl's in a report on Thursday, May 29th. The Goldman Sachs Group reissued a "sell" rating on shares of Kohl's in a research note on Thursday, May 29th. UBS Group decreased their price target on Kohl's from $10.00 to $5.00 and set a "sell" rating for the company in a research note on Wednesday, March 12th. Finally, Robert W. Baird raised their price target on Kohl's from $8.00 to $9.00 and gave the stock a "neutral" rating in a research note on Friday, May 30th. Seven investment analysts have rated the stock with a sell rating and nine have issued a hold rating to the company. According to data from MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $9.75.

Kohl's Trading Down 4.9%

Shares of Kohl's stock traded down $0.44 on Friday, reaching $8.50. The company had a trading volume of 5,930,146 shares, compared to its average volume of 8,932,660. The firm has a market cap of $951.78 million, a price-to-earnings ratio of 7.79 and a beta of 1.66. 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 firm's 50-day moving average price is $7.61 and its two-hundred day moving average price is $10.47. Kohl's has a 1 year low of $6.04 and a 1 year high of $24.83.

Kohl's (NYSE:KSS - Get Free Report) last announced its earnings results on Thursday, May 29th. The company reported ($0.13) EPS for the quarter, topping analysts' consensus estimates of ($0.22) by $0.09. The firm had revenue of $3.05 billion during the quarter, compared to analysts' expectations of $3.01 billion. Kohl's had a return on equity of 4.71% and a net margin of 0.75%. The company's quarterly revenue was down 4.1% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.24) EPS. As a group, research analysts predict that Kohl's will post 1.3 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Kohl's

Institutional investors and hedge funds have recently bought and sold shares of the company. Norges Bank bought a new stake in Kohl's during the 4th quarter valued at $8,185,000. Dana Investment Advisors Inc. increased its holdings in shares of Kohl's by 56.7% in the 4th quarter. Dana Investment Advisors Inc. now owns 253,151 shares of the company's stock valued at $3,554,000 after acquiring an additional 91,590 shares during the period. Connor Clark & Lunn Investment Management Ltd. increased its holdings in shares of Kohl's by 155.1% in the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 943,415 shares of the company's stock valued at $13,246,000 after acquiring an additional 573,579 shares during the period. Hussman Strategic Advisors Inc. increased its holdings in shares of Kohl's by 66.7% in the 4th quarter. Hussman Strategic Advisors Inc. now owns 105,000 shares of the company's stock valued at $1,474,000 after acquiring an additional 42,000 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its holdings in shares of Kohl's by 3.2% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,771,546 shares of the company's stock valued at $24,873,000 after acquiring an additional 55,540 shares during the period. 98.04% of the stock is owned by institutional investors.

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.