Kohl’s (NYSE:KSS) Reaches New 12-Month Low – Should You Sell?

Kohl’s Co. (NYSE:KSS)’s share price reached a new 52-week low on Wednesday . The company traded as low as $13.35 and last traded at $13.38, with a volume of 2001379 shares changing hands. The stock had previously closed at $13.82.

Analysts Set New Price Targets

Several research firms have recently commented on KSS. TD Cowen decreased their target price on shares of Kohl’s from $20.00 to $16.00 and set a “hold” rating for the company in a research report on Wednesday, November 27th. Morgan Stanley decreased their price objective on Kohl’s from $17.00 to $15.00 and set an “underweight” rating for the company in a report on Monday, November 25th. Robert W. Baird lowered Kohl’s from an “outperform” rating to a “neutral” rating and dropped their target price for the company from $25.00 to $18.00 in a report on Wednesday, November 27th. Baird R W downgraded Kohl’s from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 27th. Finally, Citigroup dropped their price objective on Kohl’s from $18.00 to $14.00 and set a “neutral” rating on the stock in a research note on Wednesday, November 27th. Three analysts have rated the stock with a sell rating and eight have issued a hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $17.22.

Kohl’s Price Performance

The firm has a market cap of $1.53 billion, a PE ratio of 6.18, a P/E/G ratio of 1.38 and a beta of 1.87. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.05 and a quick ratio of 0.12. The business’s fifty day moving average is $15.61 and its 200-day moving average is $18.69.

Kohl’s (NYSE:KSS) last posted its quarterly earnings data on Tuesday, November 26th. The company reported $0.20 EPS for the quarter, missing the consensus estimate of $0.28 by ($0.08). The firm had revenue of $3.71 billion during the quarter, compared to analysts’ expectations of $3.64 billion. Kohl’s had a net margin of 1.47% and a return on equity of 6.44%. Kohl’s’s revenue for the quarter was down 8.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.53 EPS. On average, research analysts predict that Kohl’s Co. will post 1.3 earnings per share for the current fiscal year.

Kohl’s Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 24th. Shareholders of record on Wednesday, December 11th were issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 14.59%. The ex-dividend date of this dividend was Wednesday, December 11th. Kohl’s’s dividend payout ratio (DPR) is presently 90.09%.

Insider Activity

In other news, EVP Feeney Siobhan Mc sold 3,827 shares of the stock in a transaction dated Friday, January 3rd. The shares were sold at an average price of $14.05, for a total value of $53,769.35. Following the sale, the executive vice president now directly owns 133,091 shares of the company’s stock, valued at approximately $1,869,928.55. This represents a 2.80 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 0.86% of the company’s stock.

Institutional Trading of Kohl’s

A number of hedge funds and other institutional investors have recently bought and sold shares of KSS. Brown Brothers Harriman & Co. increased its holdings in shares of Kohl’s by 183.8% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 1,416 shares of the company’s stock worth $30,000 after buying an additional 917 shares during the last quarter. Farther Finance Advisors LLC increased its stake in Kohl’s by 117.5% in the third quarter. Farther Finance Advisors LLC now owns 1,914 shares of the company’s stock valued at $40,000 after acquiring an additional 1,034 shares during the last quarter. Abich Financial Wealth Management LLC purchased a new stake in Kohl’s during the second quarter valued at about $49,000. Quest Partners LLC bought a new stake in Kohl’s during the third quarter worth about $60,000. Finally, Signaturefd LLC boosted its holdings in shares of Kohl’s by 14.1% in the 3rd quarter. Signaturefd LLC now owns 3,965 shares of the company’s stock worth $84,000 after purchasing an additional 491 shares in the last quarter. Institutional investors own 98.04% of the company’s stock.

Kohl’s Company Profile

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.