Kohl’s (NYSE:KSS) Issues FY25 Earnings Guidance

Kohl’s (NYSE:KSS) issued an update on its FY25 earnings guidance on Wednesday morning. The company provided EPS guidance of $1.75-$2.25 for the period, compared to the consensus EPS estimate of $1.56. The company issued revenue guidance of $16.43-$16.78 billion, compared to the consensus revenue estimate of $16.05 billion. Kohl’s also updated its FY 2024 guidance to 1.750-2.250 EPS.

Kohl’s Trading Down 1.4 %

Shares of NYSE KSS opened at $19.60 on Wednesday. The company’s 50 day simple moving average is $21.15 and its 200 day simple moving average is $23.88. Kohl’s has a fifty-two week low of $17.68 and a fifty-two week high of $29.60. The firm has a market capitalization of $2.18 billion, a P/E ratio of 7.90, a P/E/G ratio of 1.90 and a beta of 1.95. The company has a debt-to-equity ratio of 1.12, a current ratio of 1.21 and a quick ratio of 0.19.

Kohl’s (NYSE:KSS) last released its earnings results on Wednesday, August 28th. The company reported $0.59 earnings per share for the quarter, beating analysts’ consensus estimates of $0.55 by $0.04. The business had revenue of $3.53 billion during the quarter, compared to the consensus estimate of $3.69 billion. Kohl’s had a net margin of 1.60% and a return on equity of 7.27%. The firm’s revenue for the quarter was down 4.2% compared to the same quarter last year. During the same quarter last year, the firm earned $0.52 earnings per share. On average, analysts predict that Kohl’s will post 1.38 EPS for the current year.

Kohl’s Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 25th. Stockholders of record on Wednesday, September 11th will be paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 10.20%. The ex-dividend date is Wednesday, September 11th. Kohl’s’s dividend payout ratio is presently 80.65%.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the stock. JPMorgan Chase & Co. lowered their price target on shares of Kohl’s from $25.00 to $20.00 and set a neutral rating on the stock in a research report on Friday, May 31st. Evercore ISI decreased their target price on shares of Kohl’s from $24.00 to $22.00 and set an in-line rating on the stock in a report on Friday, May 31st. Robert W. Baird decreased their target price on shares of Kohl’s from $32.00 to $27.00 and set an outperform rating on the stock in a report on Friday, May 31st. Morgan Stanley lowered shares of Kohl’s to an underweight rating and decreased their target price for the company from $18.00 to $17.00 in a report on Tuesday. Finally, Telsey Advisory Group reissued a market perform rating and issued a $23.00 target price on shares of Kohl’s in a report on Wednesday, August 21st. Two analysts have rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the stock. According to MarketBeat, Kohl’s currently has an average rating of Hold and an average price target of $21.67.

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.