Kohl’s (NYSE:KSS) Earns Market Perform Rating from Telsey Advisory Group

Kohl’s (NYSE:KSS)‘s stock had its “market perform” rating reiterated by Telsey Advisory Group in a research note issued to investors on Tuesday, MarketBeat Ratings reports. They presently have a $13.00 price target on the stock. Telsey Advisory Group’s price objective points to a potential upside of 51.96% from the company’s current price.

A number of other analysts have also issued reports on the stock. Robert W. Baird lowered shares of Kohl’s from an “outperform” rating to a “neutral” rating and dropped their price target for the stock from $25.00 to $18.00 in a research note on Wednesday, November 27th. Baird R W lowered shares of Kohl’s from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 27th. The Goldman Sachs Group dropped their price target on shares of Kohl’s from $13.00 to $11.25 and set a “sell” rating for the company in a research note on Tuesday, March 4th. Morgan Stanley lowered 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 note on Monday, November 25th. Finally, Citigroup lowered 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 note on Wednesday, November 27th. Six investment 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.com, the stock presently has an average rating of “Hold” and an average target price of $12.56.

Kohl’s Trading Down 6.5 %

KSS opened at $8.56 on Tuesday. The firm has a market capitalization of $952.33 million, a P/E ratio of 3.85 and a beta of 1.92. The firm’s 50 day moving average is $12.47 and its 200-day moving average is $15.95. Kohl’s has a 52-week low of $8.28 and a 52-week high of $29.60. The company has a quick ratio of 0.12, a current ratio of 1.05 and a debt-to-equity ratio of 0.97.

Kohl’s (NYSE:KSS) last posted its quarterly earnings data on Tuesday, March 11th. The company reported $0.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.72 by $0.23. The company had revenue of $5.18 billion for the quarter, compared to analyst estimates of $5.25 billion. Kohl’s had a net margin of 1.47% and a return on equity of 6.44%. The business’s quarterly revenue was down 9.4% on a year-over-year basis. During the same quarter last year, the firm posted $1.67 earnings per share. Analysts expect that Kohl’s will post 1.3 EPS for the current fiscal year.

Insider Transactions at Kohl’s

In other Kohl’s news, EVP Feeney Siobhan Mc sold 3,827 shares of the stock in a transaction that occurred on Friday, January 3rd. The stock was sold at an average price of $14.05, for a total transaction of $53,769.35. Following the transaction, the executive vice president now owns 133,091 shares in the company, valued at $1,869,928.55. This trade represents a 2.80 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 0.86% of the stock is owned by insiders.

Institutional Investors Weigh In On Kohl’s

Hedge funds and other institutional investors have recently modified their holdings of the stock. Brown Brothers Harriman & Co. lifted its holdings in shares of Kohl’s by 183.8% during the third quarter. Brown Brothers Harriman & Co. now owns 1,416 shares of the company’s stock valued at $30,000 after acquiring an additional 917 shares during the period. SBI Securities Co. Ltd. acquired a new stake in Kohl’s in the fourth quarter worth about $26,000. Farther Finance Advisors LLC grew its position in shares of Kohl’s by 117.5% during 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. State of Wyoming acquired a new position in shares of Kohl’s during the 4th quarter worth about $35,000. Finally, Bogart Wealth LLC acquired a new position in shares of Kohl’s during the 4th quarter worth about $35,000. Institutional investors and hedge funds 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.