Kohl’s (NYSE:KSS) Stock Rating Lowered by StockNews.com

Kohl’s (NYSE:KSS) was downgraded by equities research analysts at StockNews.com from a “buy” rating to a “hold” rating in a research report issued on Thursday.

KSS has been the topic of a number of other research reports. Citigroup dropped their price target on shares of Kohl’s from $27.00 to $24.00 and set a “neutral” rating on the stock in a research report on Wednesday, March 13th. JPMorgan Chase & Co. boosted their target price on shares of Kohl’s from $20.00 to $21.00 and gave the stock a “neutral” rating in a research report on Wednesday, March 13th. Morgan Stanley boosted their target price on shares of Kohl’s from $18.00 to $19.00 and gave the stock an “underweight” rating in a research report on Thursday, March 21st. Telsey Advisory Group boosted their target price on shares of Kohl’s from $25.00 to $28.00 and gave the stock a “market perform” rating in a research report on Wednesday, March 13th. Finally, TD Cowen boosted their target price on shares of Kohl’s from $28.00 to $31.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 13th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $24.20.

Kohl’s Stock Performance

KSS stock opened at $25.51 on Thursday. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.20 and a current ratio of 1.31. The stock has a market cap of $2.83 billion, a P/E ratio of 8.95, a P/E/G ratio of 1.45 and a beta of 1.98. The firm has a 50 day simple moving average of $27.01 and a 200 day simple moving average of $24.98. Kohl’s has a 52 week low of $17.68 and a 52 week high of $29.65.

Kohl’s (NYSE:KSS) last released its quarterly earnings results on Tuesday, March 12th. The company reported $1.67 EPS for the quarter, beating analysts’ consensus estimates of $1.28 by $0.39. Kohl’s had a net margin of 1.81% and a return on equity of 8.40%. The company had revenue of $5.71 billion for the quarter, compared to analyst estimates of $5.80 billion. During the same quarter last year, the firm posted ($2.49) earnings per share. The company’s quarterly revenue was down 1.1% compared to the same quarter last year. Research analysts anticipate that Kohl’s will post 2.32 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Kohl’s

Several institutional investors and hedge funds have recently made changes to their positions in KSS. Fairfield Bush & CO. acquired a new stake in shares of Kohl’s in the 1st quarter valued at $93,000. Raymond James & Associates boosted its stake in shares of Kohl’s by 43.3% in the 1st quarter. Raymond James & Associates now owns 44,031 shares of the company’s stock valued at $2,662,000 after purchasing an additional 13,314 shares in the last quarter. Natixis Advisors L.P. acquired a new stake in shares of Kohl’s in the 1st quarter valued at $1,183,000. Great West Life Assurance Co. Can boosted its stake in shares of Kohl’s by 4.9% in the 1st quarter. Great West Life Assurance Co. Can now owns 92,581 shares of the company’s stock valued at $5,816,000 after purchasing an additional 4,349 shares in the last quarter. Finally, Blair William & Co. IL boosted its stake in shares of Kohl’s by 1.8% in the 1st quarter. Blair William & Co. IL now owns 28,668 shares of the company’s stock valued at $1,733,000 after purchasing an additional 502 shares in the last quarter. Institutional investors and hedge funds own 98.04% of the company’s stock.

Kohl’s Company Profile

Kohl's Corporation operates as a 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 Sonoma Goods for Life, as well as Food Network, LC Lauren Conrad, Nine West, and Simply Vera Vera Wang.