Kohl's (KSS) Upgraded at Royal Bank of Canada

Kohl's (NYSE:KSS) was upgraded by equities researchers at Royal Bank of Canada from an “underperform” rating to a “sector perform” rating in a research report issued on Friday.

A number of other analysts have also weighed in on the stock. Zacks Investment Research raised shares of Kohl's from a “hold” rating to a “buy” rating and set a $47.00 price objective for the company in a research note on Monday, October 16th. Telsey Advisory Group raised shares of Kohl's from a “market perform” rating to an “outperform” rating and upped their price objective for the stock from $43.00 to $50.00 in a research note on Monday, October 9th. Robert W. Baird raised shares of Kohl's from a “neutral” rating to an “outperform” rating and upped their price objective for the stock from $46.00 to $47.00 in a research note on Friday, November 10th. Northcoast Research started coverage on shares of Kohl's in a research note on Friday, December 8th. They issued a “neutral” rating for the company. Finally, ValuEngine raised shares of Kohl's from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. Five investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and eight have assigned a buy rating to the company’s stock. Kohl's has an average rating of “Hold” and a consensus price target of $48.00.

Shares of Kohl's (NYSE:KSS) opened at $61.12 on Friday. Kohl's has a one year low of $35.16 and a one year high of $61.16. The firm has a market cap of $10,270.00, a PE ratio of 16.21, a P/E/G ratio of 2.16 and a beta of 1.24. The company has a quick ratio of 0.30, a current ratio of 1.63 and a debt-to-equity ratio of 0.88.

Kohl's (NYSE:KSS) last released 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 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 period last year, the company earned $0.80 earnings per share. The firm’s revenue was up .1% compared to the same quarter last year. analysts anticipate that Kohl's will post 3.77 EPS for the current year.

In other news, Director Stephanie A. Streeter sold 4,173 shares of the company’s stock in a transaction dated Friday, December 22nd. The shares were sold at an average price of $53.85, for a total transaction of $224,716.05. Following the transaction, the director now owns 21,960 shares in the company, valued at $1,182,546. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Jonas Prising acquired 4,725 shares of the business’s stock in a transaction dated Wednesday, November 15th. The shares were bought at an average price of $42.35 per share, for a total transaction of $200,103.75. Following the acquisition, the director now owns 8,661 shares of the company’s stock, valued at $366,793.35. The disclosure for this purchase can be found here. Corporate insiders own 1.20% of the company’s stock.

Several institutional investors and hedge funds have recently bought and sold shares of the company. VNBTrust National Association acquired a new position in shares of Kohl's during the fourth quarter valued at about $212,000. Parametric Portfolio Associates LLC increased its holdings in shares of Kohl's by 10.6% during the third quarter. Parametric Portfolio Associates LLC now owns 1,335,761 shares of the company’s stock valued at $60,977,000 after acquiring an additional 128,330 shares in the last quarter. Shelton Capital Management increased its holdings in shares of Kohl's by 9.3% during the third quarter. Shelton Capital Management now owns 117,387 shares of the company’s stock valued at $5,359,000 after acquiring an additional 10,000 shares in the last quarter. Steward Partners Investment Advisory LLC acquired a new position in shares of Kohl's during the third quarter valued at about $221,000. Finally, GSA Capital Partners LLP acquired a new position in shares of Kohl's during the third quarter valued at about $617,000.

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About Kohl's

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 (NYSE:KSS)

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