Kohl’s (KSS) Given “Outperform” Rating at Telsey Advisory Group

Telsey Advisory Group reissued their outperform rating on shares of Kohl’s (NYSE:KSS) in a research note released on Friday, MarketBeat.com reports. They currently have a $80.00 target price on the stock, down from their prior target price of $90.00.

A number of other research analysts have also recently commented on KSS. Bank of America reissued a buy rating and set a $90.00 target price on shares of Kohl’s in a research report on Wednesday, October 10th. Piper Jaffray Companies set a $68.00 target price on shares of Kohl’s and gave the stock a hold rating in a research report on Wednesday, November 21st. ValuEngine cut shares of Kohl’s from a buy rating to a hold rating in a research report on Thursday, November 1st. OTR Global raised shares of Kohl’s to a positive rating in a research report on Friday, November 2nd. Finally, Cowen reissued a buy rating and set a $82.00 target price on shares of Kohl’s in a research report on Wednesday, November 21st. Two analysts have rated the stock with a sell rating, twelve have issued a hold rating and nine have issued a buy rating to the stock. The company presently has an average rating of Hold and an average target price of $76.75.

Shares of KSS stock opened at $67.27 on Friday. The company has a market cap of $11.54 billion, a price-to-earnings ratio of 16.05, a price-to-earnings-growth ratio of 1.90 and a beta of 0.94. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.37 and a current ratio of 1.58. Kohl’s has a fifty-two week low of $57.89 and a fifty-two week high of $83.28.

Kohl’s (NYSE:KSS) last announced its quarterly earnings results on Tuesday, November 20th. The company reported $0.98 earnings per share for the quarter, beating analysts’ consensus estimates of $0.96 by $0.02. The firm had revenue of $4.37 billion for the quarter, compared to analysts’ expectations of $4.36 billion. Kohl’s had a net margin of 4.94% and a return on equity of 16.06%. Kohl’s’s revenue was up 1.3% compared to the same quarter last year. During the same period in the previous year, the company posted $0.70 earnings per share. As a group, equities research analysts anticipate that Kohl’s will post 5.53 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 26th. Investors of record on Wednesday, December 12th were paid a $0.61 dividend. The ex-dividend date of this dividend was Tuesday, December 11th. This represents a $2.44 dividend on an annualized basis and a dividend yield of 3.63%. Kohl’s’s dividend payout ratio (DPR) is presently 58.23%.

Several large investors have recently modified their holdings of KSS. TIAA CREF Investment Management LLC increased its stake in shares of Kohl’s by 153.6% in the third quarter. TIAA CREF Investment Management LLC now owns 2,551,899 shares of the company’s stock worth $190,244,000 after buying an additional 1,545,495 shares during the last quarter. AQR Capital Management LLC increased its stake in Kohl’s by 18.0% during the third quarter. AQR Capital Management LLC now owns 7,606,249 shares of the company’s stock valued at $567,046,000 after purchasing an additional 1,162,802 shares during the last quarter. Teachers Advisors LLC increased its stake in Kohl’s by 92.5% during the third quarter. Teachers Advisors LLC now owns 1,512,697 shares of the company’s stock valued at $112,772,000 after purchasing an additional 726,900 shares during the last quarter. Panagora Asset Management Inc. increased its stake in Kohl’s by 1,821.1% during the third quarter. Panagora Asset Management Inc. now owns 689,097 shares of the company’s stock valued at $51,372,000 after purchasing an additional 653,227 shares during the last quarter. Finally, Glenmede Trust Co. NA increased its stake in Kohl’s by 2,157.3% during the second quarter. Glenmede Trust Co. NA now owns 597,268 shares of the company’s stock valued at $43,540,000 after purchasing an additional 570,809 shares during the last quarter.

About Kohl’s

Kohl's Corporation operates as an omni-channel retailer in the United States. Its stores and Website offer apparel, footwear, accessories, beauty, and home products. As of February 3, 2018, it operated 1,158 department stores; a Website Kohls.com; and 12 FILA outlets, and 4 Off-Aisle clearance centers.

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Analyst Recommendations for Kohl`s (NYSE:KSS)

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