Northcoast Research Equities Analysts Raise Earnings Estimates for Kohl's Co. (KSS)
Kohl's Co. (NYSE:KSS) – Stock analysts at Northcoast Research upped their Q4 2018 EPS estimates for Kohl's in a research report issued to clients and investors on Tuesday. Northcoast Research analyst K. Szafraniec now anticipates that the company will earn $1.74 per share for the quarter, up from their previous forecast of $1.47. Northcoast Research has a “Neutral” rating on the stock.
Kohl's (NYSE:KSS) last released its earnings results 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). Kohl's had a net margin of 3.47% and a return on equity of 12.72%. The business had revenue of $4.33 billion for the quarter, compared to analyst estimates of $4.30 billion. During the same quarter in the previous year, the company posted $0.80 earnings per share. The business’s revenue for the quarter was up .1% on a year-over-year basis.
Kohl's (KSS) traded up $2.75 during trading on Thursday, reaching $63.87. 7,483,290 shares of the company’s stock were exchanged, compared to its average volume of 4,540,000. The company has a current ratio of 1.63, a quick ratio of 0.30 and a debt-to-equity ratio of 0.88. Kohl's has a 52 week low of $35.16 and a 52 week high of $65.06. The firm has a market cap of $10,730.00, a P/E ratio of 16.94, a PEG ratio of 2.26 and a beta of 1.24.
Hedge funds have recently made changes to their positions in the business. VNBTrust National Association acquired a new stake in Kohl's during the 4th quarter worth approximately $212,000. Raymond James Trust N.A. acquired a new stake in Kohl's during the 3rd quarter worth approximately $200,000. Keybank National Association OH acquired a new stake in Kohl's during the 3rd quarter worth approximately $207,000. Ingalls & Snyder LLC acquired a new stake in Kohl's during the 3rd quarter worth approximately $219,000. Finally, Steward Partners Investment Advisory LLC acquired a new stake in Kohl's during the 3rd quarter worth approximately $221,000.
In other Kohl's news, Director Stephanie A. Streeter sold 4,173 shares of the firm’s stock in a transaction that occurred 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 sale, the director now directly owns 21,960 shares in the company, valued at approximately $1,182,546. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Jonas Prising bought 4,725 shares of the company’s stock in a transaction on Wednesday, November 15th. The shares were bought at an average price of $42.35 per share, for a total transaction of $200,103.75. Following the completion of the acquisition, the director now directly owns 8,661 shares in the company, valued at approximately $366,793.35. The disclosure for this purchase can be found here. Company insiders own 1.20% of the company’s stock.
The company also recently declared a quarterly dividend, which was paid on Wednesday, December 20th. Investors of record on Wednesday, December 6th were given a $0.55 dividend. The ex-dividend date of this dividend was Tuesday, December 5th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 3.44%. Kohl's’s dividend payout ratio is 58.36%.
WARNING: This article was published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are accessing this article on another domain, it was illegally stolen and republished in violation of United States & international copyright legislation. The original version of this article can be read at https://www.thecerbatgem.com/2018/01/13/northcoast-research-equities-analysts-raise-earnings-estimates-for-kohls-co-kss.html.
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.
Receive News & Stock Ratings for Kohl's Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kohl's and related stocks with our FREE daily email newsletter.