Research Analysts’ Weekly Ratings Updates for Kohl’s (KSS)

A number of research firms have changed their ratings and price targets for Kohl’s (NYSE: KSS):

• 12/2/2024 – Kohl’s was downgraded by analysts at Guggenheim from a “buy” rating to a “neutral” rating.
• 11/27/2024 – Kohl’s had its price target lowered by analysts at Citigroup Inc. from $18.00 to $14.00. They now have a “neutral” rating on the stock.
• 11/27/2024 – Kohl’s was downgraded by analysts at Robert W. Baird from an “outperform” rating to a “neutral” rating. They now have a $18.00 price target on the stock, down previously from $25.00.
• 11/27/2024 – Kohl’s had its price target lowered by analysts at Telsey Advisory Group from $23.00 to $17.00. They now have a “market perform” rating on the stock.
• 11/27/2024 – Kohl’s was downgraded by analysts at Baird R W from a “strong-buy” rating to a “hold” rating.
• 11/27/2024 – Kohl’s had its price target lowered by analysts at TD Cowen from $20.00 to $16.00. They now have a “hold” rating on the stock.
• 11/27/2024 – Kohl’s had its price target lowered by analysts at Guggenheim from $26.00 to $25.00. They now have a “buy” rating on the stock.
• 11/26/2024 – Kohl’s was downgraded by analysts at Gordon Haskett from a “hold” rating to a “reduce” rating. They now have a $11.00 price target on the stock.
• 11/25/2024 – Kohl’s had its price target lowered by analysts at Morgan Stanley from $17.00 to $15.00. They now have an “underweight” rating on the stock.
• 11/18/2024 – Kohl’s had its price target lowered by analysts at Citigroup Inc. from $19.00 to $18.00. They now have a “neutral” rating on the stock.

Kohl’s Stock Performance

Shares of NYSE KSS traded down $0.07 during mid-day trading on Wednesday, hitting $15.18. 4,428,963 shares of the company were exchanged, compared to its average volume of 6,480,911. The company has a quick ratio of 0.12, a current ratio of 1.05 and a debt-to-equity ratio of 0.97. The stock has a 50 day simple moving average of $18.47 and a 200-day simple moving average of $20.39. Kohl’s Co. has a 1-year low of $14.22 and a 1-year high of $29.60. The firm has a market cap of $1.69 billion, a price-to-earnings ratio of 6.84, a price-to-earnings-growth ratio of 1.48 and a beta of 1.88.

Kohl’s (NYSE:KSS) last released its quarterly earnings data on Tuesday, November 26th. The company reported $0.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.28 by ($0.08). The business had revenue of $3.71 billion during the quarter, compared to analysts’ expectations of $3.64 billion. Kohl’s had a return on equity of 6.44% and a net margin of 1.47%. The company’s revenue was down 8.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.53 EPS. On average, sell-side analysts forecast that Kohl’s Co. will post 1.3 EPS for the current fiscal year.

Kohl’s Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 24th. Stockholders of record on Wednesday, December 11th will be given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 13.18%. The ex-dividend date of this dividend is Wednesday, December 11th. Kohl’s’s dividend payout ratio is currently 90.09%.

Insider Activity

In other Kohl’s news, EVP Feeney Siobhan Mc sold 16,367 shares of the firm’s stock in a transaction dated Thursday, October 3rd. The stock was sold at an average price of $19.27, for a total value of $315,392.09. Following the sale, the executive vice president now directly owns 136,799 shares of the company’s stock, valued at approximately $2,636,116.73. This trade represents a 10.69 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.86% of the company’s stock.

Hedge Funds Weigh In On Kohl’s

Several hedge funds and other institutional investors have recently modified their holdings of KSS. Tidal Investments LLC lifted its position in Kohl’s by 23.0% during the 1st quarter. Tidal Investments LLC now owns 15,942 shares of the company’s stock worth $465,000 after acquiring an additional 2,982 shares in the last quarter. CWM LLC lifted its position in Kohl’s by 97.1% during the 2nd quarter. CWM LLC now owns 1,924 shares of the company’s stock worth $44,000 after acquiring an additional 948 shares in the last quarter. Annex Advisory Services LLC lifted its position in Kohl’s by 19.5% during the 2nd quarter. Annex Advisory Services LLC now owns 196,637 shares of the company’s stock worth $4,521,000 after acquiring an additional 32,034 shares in the last quarter. Gilman Hill Asset Management LLC lifted its position in Kohl’s by 2.4% during the 2nd quarter. Gilman Hill Asset Management LLC now owns 320,070 shares of the company’s stock worth $7,358,000 after acquiring an additional 7,419 shares in the last quarter. Finally, SG Americas Securities LLC lifted its position in Kohl’s by 518.9% during the 2nd quarter. SG Americas Securities LLC now owns 855,089 shares of the company’s stock worth $19,658,000 after acquiring an additional 716,919 shares in the last quarter. 98.04% of the stock is owned by institutional investors and hedge funds.

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.