Kohl’s (KSS) Projected to Post Earnings on Tuesday

Kohl’s (NYSE:KSS) is expected to be announcing its earnings results before the market opens on Tuesday, March 11th. Analysts expect the company to announce earnings of $0.74 per share and revenue of $5.25 billion for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

Kohl’s Price Performance

Shares of NYSE KSS opened at $12.25 on Monday. The stock has a market capitalization of $1.36 billion, a price-to-earnings ratio of 5.52 and a beta of 1.92. The business has a 50-day moving average of $12.71 and a 200-day moving average of $16.12. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.05 and a quick ratio of 0.12. Kohl’s has a fifty-two week low of $10.91 and a fifty-two week high of $29.60.

Insiders Place Their Bets

In other Kohl’s news, EVP Feeney Siobhan Mc sold 3,827 shares of the business’s stock in a transaction on Friday, January 3rd. The shares were sold at an average price of $14.05, for a total transaction of $53,769.35. Following the sale, the executive vice president now owns 133,091 shares of the company’s stock, valued at approximately $1,869,928.55. The trade was a 2.80 % decrease in their ownership of the stock. The transaction 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.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. Robert W. Baird downgraded shares of Kohl’s from an “outperform” rating to a “neutral” rating and cut their price objective for the stock from $25.00 to $18.00 in a research report on Wednesday, November 27th. Morgan Stanley cut their price objective 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. The Goldman Sachs Group cut their price objective on shares of Kohl’s from $13.00 to $11.25 and set a “sell” rating for the company in a research report on Tuesday, March 4th. Baird R W downgraded shares of Kohl’s from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, November 27th. Finally, Gordon Haskett downgraded shares of Kohl’s from a “hold” rating to a “reduce” rating and set a $11.00 price target for the company. in a research report on Tuesday, November 26th. Four research analysts have rated the stock with a sell rating and nine have issued a hold rating to the company’s stock. According to data from MarketBeat, Kohl’s presently has an average rating of “Hold” and an average price target of $15.84.

About Kohl’s

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.