Kohl’s Co. (NYSE:KSS) Given Consensus Recommendation of “Reduce” by Analysts

Kohl’s Co. (NYSE:KSS) has been assigned a consensus rating of “Reduce” from the ten ratings firms that are covering the company, MarketBeat reports. Three investment analysts have rated the stock with a sell recommendation and seven have assigned a hold recommendation to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $17.22.

A number of brokerages recently weighed in on KSS. Robert W. Baird lowered shares of Kohl’s from an “outperform” rating to a “neutral” rating and dropped their target price for the stock from $25.00 to $18.00 in a research report on Wednesday, November 27th. Morgan Stanley dropped their target price on shares of Kohl’s from $17.00 to $15.00 and set an “underweight” rating for the company in a research report on Monday, November 25th. Guggenheim lowered shares of Kohl’s from a “buy” rating to a “neutral” rating in a research report on Monday, December 2nd. Gordon Haskett lowered shares of Kohl’s from a “hold” rating to a “reduce” rating and set a $11.00 target price for the company. in a research report on Tuesday, November 26th. Finally, Citigroup dropped their target price on shares of Kohl’s from $18.00 to $14.00 and set a “neutral” rating for the company in a research report on Wednesday, November 27th.

Kohl’s Stock Performance

Shares of NYSE KSS opened at $13.46 on Friday. The firm has a fifty day moving average price of $14.30 and a 200-day moving average price of $17.75. 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 stock has a market cap of $1.50 billion, a PE ratio of 6.06 and a beta of 1.87. Kohl’s has a 1 year low of $12.62 and a 1 year high of $29.60.

Kohl’s (NYSE:KSS) last announced its quarterly earnings data on Tuesday, November 26th. The company reported $0.20 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 return on equity of 6.44% and a net margin of 1.47%. The business’s revenue for the quarter was down 8.5% on a year-over-year basis. During the same period last year, the company earned $0.53 earnings per share. Equities analysts anticipate that Kohl’s will post 1.31 earnings per share for the current fiscal year.

Kohl’s Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 24th. Stockholders of record on Wednesday, December 11th were issued a $0.50 dividend. The ex-dividend date was Wednesday, December 11th. This represents a $2.00 annualized dividend and a dividend yield of 14.86%. Kohl’s’s dividend payout ratio (DPR) is presently 90.09%.

Insider Transactions at Kohl’s

In other news, EVP Feeney Siobhan Mc sold 3,827 shares of the firm’s 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 completion of the sale, the executive vice president now owns 133,091 shares in the company, valued at approximately $1,869,928.55. This trade represents a 2.80 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.86% of the company’s stock.

Institutional Investors Weigh In On Kohl’s

Several institutional investors have recently made changes to their positions in the company. Signaturefd LLC lifted 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 acquiring an additional 491 shares during the last quarter. Insight Folios Inc increased its stake in Kohl’s by 3.4% in the 3rd quarter. Insight Folios Inc now owns 21,444 shares of the company’s stock worth $452,000 after buying an additional 701 shares during the period. Brown Brothers Harriman & Co. increased its stake in 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 period. Farther Finance Advisors LLC increased its stake in Kohl’s by 117.5% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,914 shares of the company’s stock worth $40,000 after buying an additional 1,034 shares during the period. Finally, The Manufacturers Life Insurance Company increased its stake in Kohl’s by 0.5% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 234,659 shares of the company’s stock worth $5,395,000 after buying an additional 1,079 shares during the period. 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.