Kohl’s (NYSE:KSS) Rating Reiterated by Telsey Advisory Group

Kohl’s (NYSE:KSS)‘s stock had its “market perform” rating reaffirmed by research analysts at Telsey Advisory Group in a research note issued on Thursday, Benzinga reports. They currently have a $28.00 price objective on the stock. Telsey Advisory Group’s target price suggests a potential upside of 9.37% from the stock’s current price.

Other analysts have also recently issued research reports about the stock. Morgan Stanley lifted their price target on shares of Kohl’s from $18.00 to $19.00 and gave the company an “underweight” rating in a report on Thursday, March 21st. Citigroup dropped their target price on shares of Kohl’s from $27.00 to $24.00 and set a “neutral” rating on the stock in a report on Wednesday, March 13th. JPMorgan Chase & Co. boosted their target price on shares of Kohl’s from $21.00 to $25.00 and gave the company a “neutral” rating in a report on Friday, May 17th. StockNews.com upgraded shares of Kohl’s from a “hold” rating to a “buy” rating in a report on Thursday, May 16th. Finally, TD Cowen boosted their target price on shares of Kohl’s from $28.00 to $31.00 and gave the company an “outperform” rating in a report on Wednesday, March 13th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $24.60.

Kohl’s Stock Performance

NYSE:KSS opened at $25.60 on Thursday. The stock has a market cap of $2.84 billion, a P/E ratio of 8.98, a price-to-earnings-growth ratio of 1.46 and a beta of 2.01. The firm’s fifty day simple moving average is $25.17 and its 200 day simple moving average is $25.85. Kohl’s has a twelve month low of $17.68 and a twelve month high of $29.65. The company has a quick ratio of 0.20, a current ratio of 1.31 and a debt-to-equity ratio of 1.11.

Kohl’s (NYSE:KSS) last released its quarterly earnings results on Tuesday, March 12th. The company reported $1.67 earnings per share for the quarter, beating the consensus estimate of $1.28 by $0.39. The business had revenue of $5.71 billion for the quarter, compared to analysts’ expectations of $5.80 billion. Kohl’s had a net margin of 1.81% and a return on equity of 8.40%. The firm’s revenue for the quarter was down 1.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($2.49) earnings per share. As a group, research analysts predict that Kohl’s will post 2.22 EPS for the current year.

Institutional Investors Weigh In On Kohl’s

Several hedge funds and other institutional investors have recently made changes to their positions in KSS. Headlands Technologies LLC purchased a new stake in shares of Kohl’s during the 3rd quarter valued at about $25,000. CWM LLC grew its stake in shares of Kohl’s by 59.7% during the 4th quarter. CWM LLC now owns 1,145 shares of the company’s stock valued at $33,000 after acquiring an additional 428 shares during the period. Hexagon Capital Partners LLC grew its stake in shares of Kohl’s by 133.0% during the 4th quarter. Hexagon Capital Partners LLC now owns 1,405 shares of the company’s stock valued at $40,000 after acquiring an additional 802 shares during the period. Huntington National Bank grew its stake in shares of Kohl’s by 56.1% during the 3rd quarter. Huntington National Bank now owns 2,081 shares of the company’s stock valued at $44,000 after acquiring an additional 748 shares during the period. Finally, GAMMA Investing LLC bought a new position in shares of Kohl’s during the 4th quarter valued at approximately $46,000. Hedge funds and other institutional investors own 98.04% of the company’s stock.

Kohl’s Company Profile

Kohl's Corporation operates as an omnichannel retailer in the United States. It offers branded apparel, footwear, accessories, beauty, and home products through its stores and website. The company provides its products primarily under the brand names of Croft & Barrow, Jumping Beans, SO, Sonoma Goods for Life, and Tek Gear, as well as Food Network, LC Lauren Conrad, Nine West, and Simply Vera Vera Wang.