Kohl's (NYSE:KSS) Issues FY18 Earnings Guidance

Kohl's (NYSE:KSS) issued an update on its FY18 earnings guidance on Monday morning. The company provided EPS guidance of $3.98-4.08 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.77.

Shares of Kohl's (NYSE:KSS) traded up $2.75 during mid-day trading on Monday, hitting $63.87. 7,484,700 shares of the company were exchanged, compared to its average volume of 5,752,556. The company has a quick ratio of 0.30, a current ratio of 1.63 and a debt-to-equity ratio of 0.88. The firm has a market capitalization of $10,730.00, a PE ratio of 16.94, a P/E/G ratio of 2.36 and a beta of 1.24. Kohl's has a 52-week low of $35.16 and a 52-week high of $65.06.

Kohl's (NYSE:KSS) last announced its quarterly earnings data on Thursday, November 9th. The company reported $0.70 earnings per share for the quarter, missing analysts’ consensus estimates of $0.72 by ($0.02). The business had revenue of $4.33 billion during the quarter, compared to analyst estimates of $4.30 billion. Kohl's had a net margin of 3.47% and a return on equity of 12.72%. The company’s revenue for the quarter was up .1% on a year-over-year basis. During the same quarter last year, the firm posted $0.80 EPS. equities analysts forecast that Kohl's will post 4.06 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 20th. Investors of record on Wednesday, December 6th were issued a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a dividend yield of 3.44%. The ex-dividend date was Tuesday, December 5th. Kohl's’s dividend payout ratio (DPR) is currently 58.36%.

A number of research analysts recently weighed in on KSS shares. Cowen restated a market perform rating and issued a $47.00 price objective (up previously from $42.00) on shares of Kohl's in a report on Thursday, September 21st. Citigroup boosted their price target on shares of Kohl's from $44.00 to $51.00 and gave the stock a buy rating in a report on Thursday, September 21st. Jefferies Group reiterated a buy rating and set a $50.00 price target on shares of Kohl's in a report on Wednesday, September 27th. ValuEngine upgraded shares of Kohl's from a hold rating to a buy rating in a report on Monday, October 2nd. Finally, Telsey Advisory Group upgraded shares of Kohl's from a market perform rating to an outperform rating and boosted their price target for the stock from $43.00 to $50.00 in a report on Monday, October 9th. Five equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and eight have issued a buy rating to the company. The stock currently has an average rating of Hold and a consensus price target of $50.95.

In other Kohl's news, Director Jonas Prising purchased 4,725 shares of Kohl's stock in a transaction that occurred on Wednesday, November 15th. The stock was purchased at an average price of $42.35 per share, for a total transaction of $200,103.75. Following the transaction, the director now directly owns 8,661 shares in the company, valued at $366,793.35. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Stephanie A. Streeter sold 4,173 shares of the company’s stock in a transaction on Friday, December 22nd. The shares were sold at an average price of $53.85, for a total transaction of $224,716.05. Following the completion of the sale, the director now owns 21,960 shares of the company’s stock, valued at approximately $1,182,546. The disclosure for this sale can be found here. 1.20% of the stock is currently owned by insiders.

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Kohl's Company Profile

Kohl’s Corporation (Kohl’s) is an operator of department stores. The Company operates approximately 1,154 Kohl’s department stores, a Website (www.Kohls.com), approximately 12 FILA outlets, and approximately three Off-Aisle clearance centers. The Company’s stores and Website sell moderately-priced private label and national brand apparel, footwear, accessories, beauty and home products.

Earnings History and Estimates for Kohl's (NYSE:KSS)

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