Zacks Research Downgrades Kohl’s (NYSE:KSS) to Hold

Kohl’s (NYSE:KSS) was downgraded by analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research note issued to investors on Monday,Zacks.com reports.

Several other equities analysts have also recently weighed in on the company. JPMorgan Chase & Co. reduced their price target on Kohl’s from $22.00 to $15.00 and set an “underweight” rating for the company in a research report on Tuesday, March 10th. Weiss Ratings cut Kohl’s from a “hold (c)” rating to a “sell (d+)” rating in a research report on Friday, June 5th. UBS Group boosted their target price on Kohl’s from $8.00 to $9.00 and gave the stock a “sell” rating in a research report on Friday, May 29th. Wall Street Zen cut Kohl’s from a “buy” rating to a “hold” rating in a research report on Sunday, June 7th. Finally, Citigroup upgraded Kohl’s from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $14.00 to $22.00 in a research report on Monday, June 1st. One research analyst has rated the stock with a Buy rating, eight have issued a Hold rating and seven have issued a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Reduce” and a consensus target price of $14.85.

Kohl’s Price Performance

Shares of NYSE KSS opened at $16.53 on Monday. The stock has a market cap of $1.87 billion, a PE ratio of 7.00 and a beta of 1.45. Kohl’s has a fifty-two week low of $7.93 and a fifty-two week high of $25.22. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.31 and a current ratio of 1.48. The stock has a fifty day moving average of $14.32 and a 200-day moving average of $16.95.

Kohl’s (NYSE:KSS) last announced its quarterly earnings results on Thursday, May 28th. The company reported ($0.13) earnings per share for the quarter, beating the consensus estimate of ($0.18) by $0.05. The company had revenue of $3.17 billion during the quarter, compared to analysts’ expectations of $2.99 billion. Kohl’s had a return on equity of 4.67% and a net margin of 1.76%.The firm’s quarterly revenue was down 1.7% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.13) earnings per share. Kohl’s has set its FY 2026 guidance at 1.000-1.600 EPS. Equities research analysts anticipate that Kohl’s will post 1.27 earnings per share for the current year.

Hedge Funds Weigh In On Kohl’s

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. ProShare Advisors LLC grew its position in Kohl’s by 3.1% during the fourth quarter. ProShare Advisors LLC now owns 21,237 shares of the company’s stock worth $433,000 after buying an additional 631 shares in the last quarter. State of Alaska Department of Revenue increased its position in shares of Kohl’s by 1.1% during the 4th quarter. State of Alaska Department of Revenue now owns 57,016 shares of the company’s stock valued at $1,163,000 after purchasing an additional 639 shares during the last quarter. Guggenheim Capital LLC increased its position in shares of Kohl’s by 1.0% during the 4th quarter. Guggenheim Capital LLC now owns 78,098 shares of the company’s stock valued at $1,594,000 after purchasing an additional 774 shares during the last quarter. GAMMA Investing LLC increased its position in shares of Kohl’s by 1.6% during the 4th quarter. GAMMA Investing LLC now owns 50,271 shares of the company’s stock valued at $1,026,000 after purchasing an additional 785 shares during the last quarter. Finally, Sei Investments Co. increased its position in shares of Kohl’s by 2.9% during the 3rd quarter. Sei Investments Co. now owns 30,638 shares of the company’s stock valued at $471,000 after purchasing an additional 868 shares during the last quarter. 98.04% of the stock is currently owned by hedge funds and other institutional investors.

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.