News headlines about Kohl's (NYSE:KSS) have been trending somewhat positive on Sunday, Accern reports. The research firm rates the sentiment of press coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Kohl's earned a daily sentiment score of 0.08 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 46.6487912384402 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the media headlines that may have impacted Accern’s analysis:
- Kohl's (KSS) Upgraded by Royal Bank of Canada to “Sector Perform” (americanbankingnews.com)
- Kohl's (KSS) Raised to “Overweight” at JPMorgan Chase & Co. (americanbankingnews.com)
- Kohl's (KSS) PT Set at $60.00 by BMO Capital Markets (americanbankingnews.com)
- 3 Stocks to Buy After Kohl's Blowout Sales Report (finance.yahoo.com)
- Don't Be Fooled by Strong Holiday Sales — Brick-and-Mortar Chains Are Still in Trouble (finance.yahoo.com)
Several equities research analysts recently weighed in on KSS shares. ValuEngine upgraded Kohl's from a “hold” rating to a “buy” rating in a report on Friday, December 1st. Telsey Advisory Group upgraded Kohl's from a “market perform” rating to an “outperform” rating and boosted their target price for the stock from $43.00 to $50.00 in a report on Monday, October 9th. Robert W. Baird upgraded Kohl's from a “neutral” rating to an “outperform” rating and boosted their target price for the stock from $46.00 to $47.00 in a report on Friday, November 10th. Royal Bank of Canada upgraded Kohl's from an “underperform” rating to a “sector perform” rating and set a $60.00 target price for the company in a report on Friday. Finally, Northcoast Research began coverage on Kohl's in a report on Friday, December 8th. They set a “neutral” rating for the company. Five research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and eight have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $49.90.
Kohl's (NYSE:KSS) last released its quarterly earnings data on Thursday, November 9th. The company reported $0.70 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.72 by ($0.02). The firm had revenue of $4.33 billion for the quarter, compared to the consensus estimate of $4.30 billion. Kohl's had a net margin of 3.47% and a return on equity of 12.72%. The business’s revenue for the quarter was up .1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.80 earnings per share. analysts anticipate that Kohl's will post 4.06 earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 20th. Stockholders of record on Wednesday, December 6th were given a dividend of $0.55 per share. This represents a $2.20 dividend on an annualized basis and a dividend yield of 3.44%. The ex-dividend date of this dividend was Tuesday, December 5th. Kohl's’s dividend payout ratio is presently 58.36%.
In other news, Director Stephanie A. Streeter sold 4,173 shares of the business’s stock in a transaction that occurred on Friday, December 22nd. The stock was sold at an average price of $53.85, for a total transaction of $224,716.05. Following the sale, the director now directly owns 21,960 shares in the company, valued at $1,182,546. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Jonas Prising acquired 4,725 shares of the stock in a transaction dated Wednesday, November 15th. The shares were purchased at an average price of $42.35 per share, for a total transaction of $200,103.75. Following the completion of the transaction, the director now owns 8,661 shares of the company’s stock, valued at approximately $366,793.35. The disclosure for this purchase can be found here. Insiders own 1.20% of the company’s stock.
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.
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