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

Kohl’s (NYSE:KSS) was downgraded by StockNews.com from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Monday.

Other equities research analysts have also issued research reports about the stock. Morgan Stanley raised their price target on shares of Kohl’s from $18.00 to $19.00 and gave the company an “underweight” rating in a research note on Thursday, March 21st. TD Cowen raised their price target on shares of Kohl’s from $28.00 to $31.00 and gave the company an “outperform” rating in a research note on Wednesday, March 13th. 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 note on Wednesday, March 13th. Telsey Advisory Group raised their price target on shares of Kohl’s from $25.00 to $28.00 and gave the company a “market perform” rating in a research note on Wednesday, March 13th. Finally, JPMorgan Chase & Co. raised their price target on shares of Kohl’s from $20.00 to $21.00 and gave the company a “neutral” rating in a research note on Wednesday, March 13th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $24.20.

Kohl’s Trading Down 1.5 %

NYSE KSS opened at $24.05 on Monday. The company has a market capitalization of $2.67 billion, a price-to-earnings ratio of 8.44, a price-to-earnings-growth ratio of 1.35 and a beta of 2.01. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.31 and a quick ratio of 0.20. Kohl’s has a 12 month low of $17.68 and a 12 month high of $29.65. The company’s fifty day moving average price is $25.56 and its two-hundred day moving average price is $25.65.

Kohl’s (NYSE:KSS) last issued its quarterly earnings results on Tuesday, March 12th. The company reported $1.67 EPS for the quarter, topping the consensus estimate of $1.28 by $0.39. Kohl’s had a net margin of 1.81% and a return on equity of 8.40%. The business had revenue of $5.71 billion for the quarter, compared to analysts’ expectations of $5.80 billion. During the same quarter last year, the company posted ($2.49) earnings per share. The company’s quarterly revenue was down 1.1% compared to the same quarter last year. As a group, research analysts predict that Kohl’s will post 2.24 earnings per share for the current fiscal year.

Institutional Trading of Kohl’s

A number of large investors have recently added to or reduced their stakes in the business. CWM LLC boosted its holdings in Kohl’s by 59.7% during the fourth quarter. CWM LLC now owns 1,145 shares of the company’s stock worth $33,000 after buying an additional 428 shares in the last quarter. Treasurer of the State of North Carolina boosted its stake in Kohl’s by 1.0% in the 4th quarter. Treasurer of the State of North Carolina now owns 49,007 shares of the company’s stock worth $1,406,000 after purchasing an additional 470 shares during the period. GAMMA Investing LLC boosted its stake in Kohl’s by 32.5% in the 1st quarter. GAMMA Investing LLC now owns 2,130 shares of the company’s stock worth $62,000 after purchasing an additional 523 shares during the period. Signaturefd LLC boosted its stake in Kohl’s by 20.3% in the 4th quarter. Signaturefd LLC now owns 3,278 shares of the company’s stock worth $94,000 after purchasing an additional 553 shares during the period. Finally, Parallel Advisors LLC boosted its stake in Kohl’s by 14.3% in the 4th quarter. Parallel Advisors LLC now owns 4,581 shares of the company’s stock worth $131,000 after purchasing an additional 572 shares during the period. 98.04% of the stock is currently owned by institutional investors.

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.