Kohl’s (NYSE:KSS) Trading Down 4.9% – What’s Next?

Kohl’s Corporation (NYSE:KSS)’s stock price dropped 4.9% on Monday . The company traded as low as $17.62 and last traded at $17.60. Approximately 1,114,851 shares were traded during trading, a decline of 67% from the average daily volume of 3,426,065 shares. The stock had previously closed at $18.50.

Analysts Set New Price Targets

KSS has been the subject of a number of research analyst reports. UBS Group increased their price target on Kohl’s from $4.50 to $7.00 and gave the company a “sell” rating in a research report on Wednesday, November 26th. Robert W. Baird set a $24.00 target price on Kohl’s in a research note on Wednesday, December 17th. Jefferies Financial Group started coverage on shares of Kohl’s in a research report on Wednesday, January 14th. They set a “hold” rating and a $22.00 price target for the company. Zacks Research raised shares of Kohl’s from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 1st. Finally, Telsey Advisory Group reiterated a “market perform” rating and issued a $23.00 target price (up from $16.00) on shares of Kohl’s in a research note on Tuesday, November 25th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, eight have assigned a Hold rating and six have issued a Sell rating to the stock. Based on data from MarketBeat, Kohl’s presently has a consensus rating of “Reduce” and an average target price of $15.55.

Kohl’s Price Performance

The company has a current ratio of 1.30, a quick ratio of 0.12 and a debt-to-equity ratio of 0.99. The firm has a fifty day moving average of $20.45 and a two-hundred day moving average of $17.40. The company has a market capitalization of $1.97 billion, a PE ratio of 10.19 and a beta of 1.44.

Kohl’s (NYSE:KSS) last issued 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. The firm had revenue of $3.58 billion for the quarter, compared to analyst estimates of $3.37 billion. Kohl’s had a return on equity of 4.30% and a net margin of 1.23%.The business’s quarterly revenue was down 3.6% compared to the same quarter last year. During the same period last year, the company earned $0.20 EPS. Kohl’s has set its FY 2025 guidance at 1.250-1.450 EPS. Research analysts anticipate that Kohl’s Corporation will post 1.3 EPS for the current fiscal year.

Kohl’s Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 24th. Investors 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 annualized dividend and a yield of 2.9%. Kohl’s’s dividend payout ratio (DPR) is currently 29.07%.

Insider Activity

In other Kohl’s news, CFO Jill Timm sold 10,000 shares of the company’s stock in a transaction that occurred on Wednesday, December 10th. The shares were sold at an average price of $24.00, for a total transaction of $240,000.00. Following the completion of the sale, the chief financial officer directly owned 325,561 shares of the company’s stock, valued at approximately $7,813,464. This represents a 2.98% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 1.00% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Kohl’s

Several large investors have recently added to or reduced their stakes in the stock. ProShare Advisors LLC lifted its holdings in Kohl’s by 3.1% during the fourth quarter. ProShare Advisors LLC now owns 21,237 shares of the company’s stock worth $433,000 after buying an additional 631 shares during the period. State of Alaska Department of Revenue lifted its position in shares of Kohl’s by 1.1% during the fourth quarter. State of Alaska Department of Revenue now owns 57,016 shares of the company’s stock valued at $1,163,000 after buying an additional 639 shares during the last quarter. Arizona State Retirement System increased its position in Kohl’s by 2.0% during the 3rd quarter. Arizona State Retirement System now owns 33,154 shares of the company’s stock valued at $510,000 after buying an additional 666 shares in the last quarter. GAMMA Investing LLC raised its holdings in shares of Kohl’s by 1.6% in the fourth quarter. GAMMA Investing LLC now owns 50,271 shares of the company’s stock worth $1,026,000 after buying an additional 785 shares during the last quarter. Finally, Sei Investments Co. lifted its stake in shares of Kohl’s by 2.9% during the third quarter. Sei Investments Co. now owns 30,638 shares of the company’s stock worth $471,000 after buying an additional 868 shares during the period. 98.04% of the stock is owned by hedge funds and other institutional investors.

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.