Kohl’s (NYSE:KSS) Trading 6.2% Higher – Still a Buy?

Shares of Kohl’s Corporation (NYSE:KSS) shot up 6.2% on Wednesday . The stock traded as high as $18.78 and last traded at $18.3810. 1,032,582 shares changed hands during trading, a decline of 70% from the average session volume of 3,408,429 shares. The stock had previously closed at $17.30.

Wall Street Analyst Weigh In

KSS has been the subject of a number of recent research reports. Gordon Haskett raised shares of Kohl’s from an “accumulate” rating to a “buy” rating in a research report on Tuesday, November 25th. The Goldman Sachs Group lifted their price objective on shares of Kohl’s from $11.00 to $15.00 and gave the stock a “sell” rating in a research note on Wednesday, November 26th. Telsey Advisory Group reissued a “market perform” rating and issued a $23.00 price objective (up previously from $16.00) on shares of Kohl’s in a report on Tuesday, November 25th. BTIG Research restated a “neutral” rating on shares of Kohl’s in a research report on Tuesday, November 25th. Finally, UBS Group raised their target price on shares of Kohl’s from $4.50 to $7.00 and gave the stock a “sell” rating in a report on Wednesday, November 26th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, eight have given a Hold rating and six have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Reduce” and a consensus price target of $15.55.

Kohl’s Stock Up 4.9%

The company has a current ratio of 1.30, a quick ratio of 0.12 and a debt-to-equity ratio of 0.99. The company has a market capitalization of $2.23 billion, a P/E ratio of 11.54 and a beta of 1.44. The stock has a 50 day moving average price of $20.09 and a 200 day moving average price of $17.50.

Kohl’s (NYSE:KSS) last issued its earnings results on Tuesday, November 25th. The company reported $0.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.19) by $0.29. Kohl’s had a return on equity of 4.30% and a net margin of 1.23%.The business had revenue of $3.58 billion during the quarter, compared to analysts’ expectations of $3.37 billion. During the same quarter in the prior year, the firm earned $0.20 EPS. The business’s revenue for the quarter was down 3.6% compared to the same quarter last year. Kohl’s has set its FY 2025 guidance at 1.250-1.450 EPS. On average, research analysts anticipate that Kohl’s Corporation will post 1.3 earnings per share for the current fiscal year.

Insider Transactions at Kohl’s

In related news, CFO Jill Timm sold 25,000 shares of Kohl’s stock in a transaction that occurred on Thursday, December 4th. The shares were sold at an average price of $22.75, for a total transaction of $568,750.00. Following the sale, the chief financial officer directly owned 335,561 shares in the company, valued at $7,634,012.75. This trade represents a 6.93% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.00% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Kohl’s

A number of institutional investors have recently made changes to their positions in KSS. Kestra Advisory Services LLC bought a new position in shares of Kohl’s during the fourth quarter worth about $58,000. Bridgewater Associates LP bought a new stake in Kohl’s in the fourth quarter valued at approximately $10,668,000. C M Bidwell & Associates Ltd. acquired a new stake in Kohl’s during the 4th quarter valued at approximately $79,000. Bridgefront Capital LLC bought a new position in Kohl’s during the 4th quarter worth approximately $300,000. Finally, Saxon Interests Inc. bought a new position in Kohl’s during the 4th quarter worth approximately $287,000. Institutional investors own 98.04% of the company’s stock.

About Kohl’s

Kohl’s Corporation, founded in 1962 by Maxwell Kohl and headquartered in Menomonee Falls, Wisconsin, is a leading American department store retailer. The company operates approximately 1,100 stores across 49 states, offering a combination of value-oriented pricing, private-label brands and national labels. Since its initial public offering in 1992, Kohl’s has focused on broadening its product assortment and enhancing the in-store and online shopping experience.

The retailer’s merchandise portfolio spans apparel, footwear, accessories, and beauty products for women, men and children, as well as home goods, kitchenware and seasonal décor.