Kohl’s Corporation’s (KSS) “Sell” Rating Reiterated at Royal Bank Of Canada

Royal Bank Of Canada reissued their sell rating on shares of Kohl’s Corporation (NYSE:KSS) in a report released on Sunday.

A number of other analysts have also issued reports on KSS. BidaskClub lowered Kohl’s Corporation from a hold rating to a sell rating in a research note on Sunday, August 20th. Jefferies Group LLC reaffirmed a buy rating and issued a $48.00 price target on shares of Kohl’s Corporation in a research note on Sunday, July 30th. OTR Global reaffirmed a sell rating on shares of Kohl’s Corporation in a research note on Tuesday, August 8th. Telsey Advisory Group raised Kohl’s Corporation from a market perform rating to an outperform rating and lifted their price target for the stock from $43.00 to $50.00 in a research note on Monday, October 9th. Finally, ValuEngine lowered Kohl’s Corporation from a buy rating to a hold rating in a research note on Friday, September 1st. Six research analysts have rated the stock with a sell rating, ten have issued a hold rating and eight have issued a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and a consensus target price of $43.40.

Shares of Kohl’s Corporation (NYSE KSS) opened at $42.20 on Friday. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.63 and a quick ratio of 0.30. Kohl’s Corporation has a 1-year low of $35.16 and a 1-year high of $59.67. The company has a market capitalization of $6,942.12, a P/E ratio of 10.92, a price-to-earnings-growth ratio of 1.65 and a beta of 1.22.

Kohl’s Corporation (NYSE:KSS) last issued its quarterly earnings data on Thursday, November 9th. The company reported $0.70 EPS for the quarter, missing the consensus estimate of $0.72 by ($0.02). Kohl’s Corporation had a net margin of 3.47% and a return on equity of 12.72%. The business had revenue of $4.33 billion during the quarter, compared to analyst estimates of $4.30 billion. During the same period in the previous year, the business posted $0.80 earnings per share. The firm’s revenue for the quarter was up .1% on a year-over-year basis. equities research analysts anticipate that Kohl’s Corporation will post 3.75 EPS for the current year.

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The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 20th. Shareholders of record on Wednesday, December 6th will be given a $0.55 dividend. The ex-dividend date of this dividend is Tuesday, December 5th. This represents a $2.20 dividend on an annualized basis and a yield of 5.21%. Kohl’s Corporation’s dividend payout ratio is currently 58.36%.

A number of large investors have recently bought and sold shares of the business. JPMorgan Chase & Co. raised its position in Kohl’s Corporation by 1.7% in the second quarter. JPMorgan Chase & Co. now owns 10,914,565 shares of the company’s stock valued at $422,066,000 after purchasing an additional 186,046 shares during the period. Dimensional Fund Advisors LP raised its position in Kohl’s Corporation by 6.9% in the third quarter. Dimensional Fund Advisors LP now owns 5,834,433 shares of the company’s stock valued at $266,349,000 after purchasing an additional 377,083 shares during the period. Northern Trust Corp raised its position in Kohl’s Corporation by 34.9% in the second quarter. Northern Trust Corp now owns 5,400,841 shares of the company’s stock valued at $208,851,000 after purchasing an additional 1,396,006 shares during the period. Wells Fargo & Company MN raised its position in Kohl’s Corporation by 13.7% in the third quarter. Wells Fargo & Company MN now owns 4,681,324 shares of the company’s stock valued at $213,702,000 after purchasing an additional 564,109 shares during the period. Finally, APG Asset Management N.V. raised its position in Kohl’s Corporation by 9.4% in the second quarter. APG Asset Management N.V. now owns 2,676,644 shares of the company’s stock valued at $103,506,000 after purchasing an additional 230,200 shares during the period.

Kohl’s Corporation 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.

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

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