Kohl’s Corporation (NYSE:KSS) Receives $15.73 Average Target Price from Analysts

Kohl’s Corporation (NYSE:KSS) has been assigned a consensus recommendation of “Reduce” from the sixteen research firms that are covering the firm, MarketBeat Ratings reports. Six investment analysts have rated the stock with a sell recommendation, eight have assigned a hold recommendation, one has given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price target among brokers that have covered the stock in the last year is $15.7273.

Several equities research analysts recently issued reports on the company. Weiss Ratings reiterated a “hold (c-)” rating on shares of Kohl’s in a report on Wednesday, October 8th. The Goldman Sachs Group lifted their price target on Kohl’s from $11.00 to $15.00 and gave the stock a “sell” rating in a research note on Wednesday, November 26th. Cowen reissued a “hold” rating on shares of Kohl’s in a research note on Wednesday, November 26th. Wall Street Zen cut shares of Kohl’s from a “buy” rating to a “hold” rating in a research note on Saturday. Finally, Gordon Haskett raised shares of Kohl’s from an “accumulate” rating to a “buy” rating in a report on Tuesday, November 25th.

Insiders Place Their Bets

In other news, CFO Jill Timm sold 25,000 shares of the business’s stock in a transaction that occurred on Thursday, December 4th. The stock was sold at an average price of $22.75, for a total transaction of $568,750.00. Following the transaction, the chief financial officer directly owned 335,561 shares in the company, valued at $7,634,012.75. The trade was a 6.93% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.00% of the stock is owned by company insiders.

Hedge Funds Weigh In On Kohl’s

Institutional investors have recently added to or reduced their stakes in the stock. Harbor Capital Advisors Inc. purchased a new stake in Kohl’s in the 3rd quarter valued at $28,000. IFP Advisors Inc boosted its position in shares of Kohl’s by 3,777.6% during the 3rd quarter. IFP Advisors Inc now owns 1,900 shares of the company’s stock valued at $31,000 after acquiring an additional 1,851 shares during the last quarter. Caldwell Trust Co purchased a new stake in shares of Kohl’s in the third quarter valued at about $33,000. Future Financial Wealth Managment LLC increased its position in Kohl’s by 400.0% during the third quarter. Future Financial Wealth Managment LLC now owns 2,500 shares of the company’s stock worth $38,000 after purchasing an additional 2,000 shares during the last quarter. Finally, iSAM Funds UK Ltd purchased a new position in Kohl’s during the third quarter worth about $39,000. Hedge funds and other institutional investors own 98.04% of the company’s stock.

Kohl’s Trading Down 5.8%

Shares of NYSE:KSS opened at $20.50 on Friday. The business’s 50 day moving average price is $20.52 and its 200-day moving average price is $16.16. Kohl’s has a 1 year low of $6.04 and a 1 year high of $25.22. The firm has a market capitalization of $2.30 billion, a price-to-earnings ratio of 11.92 and a beta of 1.42. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.30 and a quick ratio of 0.12.

Kohl’s (NYSE:KSS) last posted its quarterly earnings data on Tuesday, November 25th. The company reported $0.10 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.19) by $0.29. Kohl’s had a net margin of 1.23% and a return on equity of 4.30%. The company had revenue of $3.58 billion during the quarter, compared to analysts’ expectations of $3.37 billion. During the same period in the prior year, the business posted $0.20 earnings per share. The firm’s revenue for the quarter was down 3.6% on a year-over-year basis. Kohl’s has set its FY 2025 guidance at 1.250-1.450 EPS. On average, equities research analysts forecast that Kohl’s will post 1.3 earnings per share for the current fiscal year.

Kohl’s Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Wednesday, December 10th were issued a $0.125 dividend. The ex-dividend date was Wednesday, December 10th. This represents a $0.50 dividend on an annualized basis and a yield of 2.4%. Kohl’s’s dividend payout ratio is presently 29.07%.

Kohl’s Company Profile

Kohl’s Corporation, founded in 1962 by Maxwell Kohl and headquartered in Menomonee Falls, Wisconsin, is a leading American department store retailer. The company operates approximately 1,100 stores across 49 states, offering a combination of value-oriented pricing, private-label brands and national labels. Since its initial public offering in 1992, Kohl’s has focused on broadening its product assortment and enhancing the in-store and online shopping experience.

The retailer’s merchandise portfolio spans apparel, footwear, accessories, and beauty products for women, men and children, as well as home goods, kitchenware and seasonal décor.