Brokerages Set Kohl’s Co. (NYSE:KSS) PT at $64.50

Kohl’s Co. (NYSE:KSS) has earned an average rating of “Hold” from the eighteen brokerages that are covering the stock, MarketBeat reports. Two equities research analysts have rated the stock with a sell recommendation, seven have assigned a hold recommendation and eight have given a buy recommendation to the company. The average twelve-month price target among analysts that have covered the stock in the last year is $64.50.

KSS has been the topic of several analyst reports. Deutsche Bank Aktiengesellschaft increased their price target on shares of Kohl’s from $82.00 to $86.00 and gave the stock a “buy” rating in a research note on Friday, November 19th. Telsey Advisory Group increased their price target on shares of Kohl’s from $63.00 to $69.00 and gave the stock a “market perform” rating in a research note on Friday, November 19th. Citigroup increased their price target on shares of Kohl’s from $67.00 to $73.00 and gave the stock a “buy” rating in a research note on Friday, November 19th. Wedbush reiterated a “neutral” rating on shares of Kohl’s in a research note on Friday, August 27th. Finally, Jefferies Financial Group raised their target price on shares of Kohl’s from $73.00 to $75.00 and gave the company a “buy” rating in a research note on Friday, November 19th.

Kohl’s stock traded down $0.86 during trading hours on Friday, hitting $55.32. The company had a trading volume of 4,779,107 shares, compared to its average volume of 3,600,657. The firm has a market capitalization of $8.33 billion, a P/E ratio of 8.62, a price-to-earnings-growth ratio of 0.99 and a beta of 2.16. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.49 and a quick ratio of 0.57. The firm’s fifty day moving average is $52.16 and its 200-day moving average is $53.64. Kohl’s has a fifty-two week low of $31.25 and a fifty-two week high of $64.80.

Kohl’s (NYSE:KSS) last announced its quarterly earnings results on Thursday, November 18th. The company reported $1.65 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.64 by $1.01. Kohl’s had a net margin of 5.15% and a return on equity of 22.21%. The company had revenue of $4.60 billion for the quarter, compared to analyst estimates of $4.27 billion. During the same quarter in the prior year, the business posted $0.01 EPS. Kohl’s’s quarterly revenue was up 15.6% on a year-over-year basis. Analysts anticipate that Kohl’s will post 7.2 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 22nd. Shareholders of record on Wednesday, December 8th will be issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 1.81%. The ex-dividend date is Tuesday, December 7th. Kohl’s’s dividend payout ratio (DPR) is presently 15.58%.

A number of institutional investors have recently modified their holdings of the business. Profund Advisors LLC boosted its holdings in Kohl’s by 1.7% in the 2nd quarter. Profund Advisors LLC now owns 11,255 shares of the company’s stock valued at $621,000 after purchasing an additional 187 shares during the period. BKD Wealth Advisors LLC boosted its holdings in Kohl’s by 3.7% in the 2nd quarter. BKD Wealth Advisors LLC now owns 6,161 shares of the company’s stock valued at $340,000 after purchasing an additional 219 shares during the period. Benjamin F. Edwards & Company Inc. boosted its holdings in Kohl’s by 21.4% in the 3rd quarter. Benjamin F. Edwards & Company Inc. now owns 1,405 shares of the company’s stock valued at $66,000 after purchasing an additional 248 shares during the period. Summit X LLC boosted its holdings in Kohl’s by 0.9% in the 2nd quarter. Summit X LLC now owns 32,601 shares of the company’s stock valued at $1,793,000 after purchasing an additional 280 shares during the period. Finally, NEXT Financial Group Inc boosted its holdings in Kohl’s by 16.9% in the 3rd quarter. NEXT Financial Group Inc now owns 1,950 shares of the company’s stock valued at $92,000 after purchasing an additional 282 shares during the period. 88.37% of the stock is owned by hedge funds and other institutional investors.

About Kohl’s

Kohl’s Corp. engages in the operation of family-oriented department stores. Its business line includes apparel, footwear, and accessories for women, men, and children; home products; beauty products; and accessories. The firm stores generally carry a consistent merchandise assortment with some differences attributable to regional preferences.

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Analyst Recommendations for Kohl's (NYSE:KSS)

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