Kohl’s (NYSE:KSS) Cut to “Hold” at Wall Street Zen

Wall Street Zen cut shares of Kohl’s (NYSE:KSS) from a buy rating to a hold rating in a research note released on Saturday morning.

A number of other equities analysts have also commented on KSS. Weiss Ratings reissued a “hold (c-)” rating on shares of Kohl’s in a report on Thursday, January 22nd. Zacks Research upgraded shares of Kohl’s from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 1st. TD Cowen reissued a “hold” rating on shares of Kohl’s in a research note on Wednesday, November 26th. UBS Group raised their price target on Kohl’s from $4.50 to $7.00 and gave the company a “sell” rating in a research report on Wednesday, November 26th. Finally, Evercore upped their price objective on Kohl’s from $13.00 to $21.00 and gave the stock an “in-line” rating in a report on Tuesday, November 25th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, eight have assigned a Hold rating and six have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Reduce” and a consensus price target of $15.55.

Kohl’s Price Performance

NYSE:KSS opened at $19.85 on Friday. Kohl’s has a 52-week low of $6.04 and a 52-week high of $25.22. The stock has a fifty day moving average of $20.03 and a 200 day moving average of $17.64. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.12 and a current ratio of 1.30. The firm has a market capitalization of $2.23 billion, a price-to-earnings ratio of 11.54 and a beta of 1.44.

Kohl’s (NYSE:KSS) last released its quarterly earnings results on Tuesday, November 25th. The company reported $0.10 earnings per share for the quarter, beating the consensus estimate of ($0.19) by $0.29. The firm had revenue of $3.58 billion for the quarter, compared to analysts’ expectations of $3.37 billion. Kohl’s had a return on equity of 4.30% and a net margin of 1.23%.The company’s revenue was down 3.6% compared to the same quarter last year. During the same quarter last year, the firm posted $0.20 EPS. Kohl’s has set its FY 2025 guidance at 1.250-1.450 EPS. On average, research analysts expect that Kohl’s will post 1.3 EPS for the current fiscal year.

Insiders Place Their Bets

In other Kohl’s news, CFO Jill Timm sold 10,000 shares of the firm’s stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $24.00, for a total transaction of $240,000.00. Following the completion of the transaction, the chief financial officer owned 325,561 shares of the company’s stock, valued at approximately $7,813,464. This trade represents a 2.98% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 1.00% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of KSS. ProShare Advisors LLC increased its stake in shares of Kohl’s by 3.1% during the fourth quarter. ProShare Advisors LLC now owns 21,237 shares of the company’s stock valued at $433,000 after purchasing an additional 631 shares in the last quarter. State of Alaska Department of Revenue grew its stake in shares of Kohl’s by 1.1% in the 4th quarter. State of Alaska Department of Revenue now owns 57,016 shares of the company’s stock worth $1,163,000 after buying an additional 639 shares during the last quarter. Arizona State Retirement System increased its position in Kohl’s by 2.0% during the 3rd quarter. Arizona State Retirement System now owns 33,154 shares of the company’s stock valued at $510,000 after buying an additional 666 shares in the last quarter. GAMMA Investing LLC increased its position in Kohl’s by 1.6% during the 4th quarter. GAMMA Investing LLC now owns 50,271 shares of the company’s stock valued at $1,026,000 after buying an additional 785 shares in the last quarter. Finally, Sei Investments Co. raised its stake in Kohl’s by 2.9% during the third quarter. Sei Investments Co. now owns 30,638 shares of the company’s stock valued at $471,000 after buying an additional 868 shares during the last quarter. 98.04% of the stock is owned by hedge funds and other institutional investors.

About Kohl’s

Kohl’s Corporation, founded in 1962 by Maxwell Kohl and headquartered in Menomonee Falls, Wisconsin, is a leading American department store retailer. The company operates approximately 1,100 stores across 49 states, offering a combination of value-oriented pricing, private-label brands and national labels. Since its initial public offering in 1992, Kohl’s has focused on broadening its product assortment and enhancing the in-store and online shopping experience.

The retailer’s merchandise portfolio spans apparel, footwear, accessories, and beauty products for women, men and children, as well as home goods, kitchenware and seasonal décor.