Kohl's Corporation operates as a retail company 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 Apt. 9, Croft & Barrow, Jumping Beans, SO, and Sonoma Goods for Life, as well as Food Network, LC Lauren Conrad, Nine West, and Simply Vera Vera Wang. As of March 21, 2022, it operated approximately 1,100 Kohl's stores and a website www.Kohls.com. Kohl's Corporation was founded in 1988 and is headquartered in Menomonee Falls, Wisconsin.
Kohl's Stock Performance
Shares of KSS Stock opened at $29.68 on Wednesday. The company has a quick ratio of 0.30, a current ratio of 1.40 and a debt-to-equity ratio of 0.97. The business has a 50 day moving average of $34.26 and a two-hundred day moving average of $48.52. Kohl's has a 52 week low of $26.07 and a 52 week high of $64.38. The company has a market cap of $3.81 billion, a P/E ratio of 4.61, a PEG ratio of 0.88 and a beta of 1.62.
Kohl's (NYSE:KSS - Get Rating) last issued its earnings results on Thursday, May 19th. The company reported $0.11 EPS for the quarter, missing analysts' consensus estimates of $0.70 by ($0.59). The company had revenue of $3.72 billion during the quarter, compared to analyst estimates of $3.69 billion. Kohl's had a net margin of 4.87% and a return on equity of 19.47%. The business's revenue was down 4.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.05 earnings per share. As a group, analysts anticipate that Kohl's will post 4.34 EPS for the current year.
Kohl's Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 22nd. Stockholders of record on Wednesday, June 8th were given a dividend of $0.50 per share. The ex-dividend date was Tuesday, June 7th. This represents a $2.00 annualized dividend and a dividend yield of 6.74%. Kohl's's dividend payout ratio is presently 31.06%.
Analysts Set New Price Targets
KSS has been the topic of a number of analyst reports. Guggenheim dropped their target price on Kohl's from $68.00 to $44.00 and set a "buy" rating on the stock in a research report on Tuesday, July 5th. StockNews.com lowered Kohl's from a "buy" rating to a "hold" rating in a research report on Monday, May 23rd. Credit Suisse Group dropped their target price on Kohl's to $28.00 in a research report on Tuesday, July 5th. Cowen downgraded Kohl's from an "outperform" rating to a "market perform" rating and decreased their price target for the stock from $60.00 to $35.00 in a research note on Thursday, August 4th. Finally, TheStreet downgraded Kohl's from a "b-" rating to a "c" rating in a research note on Friday, June 3rd. Three analysts have rated the stock with a sell rating, nine have assigned a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $36.79.