Kohl’s Corporation (KSS) Upgraded at Gordon Haskett

Gordon Haskett upgraded shares of Kohl’s Corporation (NYSE:KSS) from a hold rating to an accumulate rating in a research report released on Thursday morning, Marketbeat reports.

KSS has been the topic of a number of other research reports. UBS AG reiterated a neutral rating and set a $38.00 price target on shares of Kohl’s Corporation in a report on Monday, August 14th. Credit Suisse Group increased their price target on shares of Kohl’s Corporation from $39.00 to $44.00 and gave the company an underperform rating in a report on Monday, August 14th. ValuEngine downgraded shares of Kohl’s Corporation from a buy rating to a hold rating in a research report on Friday, September 1st. BMO Capital Markets set a $43.00 price objective on shares of Kohl’s Corporation and gave the company a hold rating in a research report on Friday, August 11th. Finally, Robert W. Baird restated a neutral rating and set a $43.00 price objective on shares of Kohl’s Corporation in a research report on Thursday, September 7th. Six analysts have rated the stock with a sell rating, ten have issued a hold rating and eight have given a buy rating to the stock. The company currently has an average rating of Hold and an average price target of $43.40.

Shares of Kohl’s Corporation (NYSE:KSS) traded up $1.87 on Thursday, reaching $43.04. 7,091,500 shares of the company’s stock were exchanged, compared to its average volume of 4,850,069. The stock has a market capitalization of $7,255.68, a PE ratio of 11.42, a PEG ratio of 2.04 and a beta of 1.22. The company has a current ratio of 1.63, a quick ratio of 0.34 and a debt-to-equity ratio of 0.88. Kohl’s Corporation has a twelve month low of $35.16 and a twelve month high of $59.67.

Kohl’s Corporation (NYSE:KSS) last announced its quarterly earnings data on Thursday, November 9th. The company reported $0.70 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.72 by ($0.02). Kohl’s Corporation had a return on equity of 12.72% and a net margin of 3.47%. The business had revenue of $4.33 billion during the quarter, compared to analysts’ expectations of $4.30 billion. During the same quarter last year, the company posted $0.80 EPS. Kohl’s Corporation’s revenue for the quarter was up .1% compared to the same quarter last year. sell-side analysts forecast that Kohl’s Corporation will post 3.76 EPS for the current fiscal year.

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The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 20th. Investors of record on Wednesday, December 6th will be paid a dividend of $0.55 per share. The ex-dividend date is Tuesday, December 5th. This represents a $2.20 annualized dividend and a yield of 5.11%. Kohl’s Corporation’s payout ratio is 58.36%.

A number of institutional investors and hedge funds have recently bought and sold shares of KSS. Ffcm LLC grew its stake in Kohl’s Corporation by 179.3% during the second quarter. Ffcm LLC now owns 3,033 shares of the company’s stock valued at $120,000 after acquiring an additional 1,947 shares in the last quarter. Johnson Financial Group Inc. grew its stake in Kohl’s Corporation by 0.3% during the second quarter. Johnson Financial Group Inc. now owns 3,305 shares of the company’s stock valued at $128,000 after acquiring an additional 10 shares in the last quarter. CENTRAL TRUST Co grew its stake in Kohl’s Corporation by 68.6% during the second quarter. CENTRAL TRUST Co now owns 3,324 shares of the company’s stock valued at $129,000 after acquiring an additional 1,352 shares in the last quarter. Exane Derivatives grew its stake in Kohl’s Corporation by 209.8% during the second quarter. Exane Derivatives now owns 3,687 shares of the company’s stock valued at $143,000 after acquiring an additional 2,497 shares in the last quarter. Finally, Penserra Capital Management LLC purchased a new position in Kohl’s Corporation during the second quarter valued at $146,000.

About Kohl’s Corporation

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.

Analyst Recommendations for Kohl`s Corporation (NYSE:KSS)

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