Equities Analysts Offer Predictions for Kohl's Co.’s Q4 2018 Earnings (KSS)

Kohl's Co. (NYSE:KSS) – Northcoast Research increased their Q4 2018 earnings per share (EPS) estimates for Kohl's in a research note issued to investors on Tuesday. Northcoast Research analyst K. Szafraniec now expects that the company will earn $1.74 per share for the quarter, up from their prior estimate of $1.47. Northcoast Research has a “Neutral” rating on the stock.

Kohl's (NYSE:KSS) last released its earnings results on Thursday, November 9th. The company reported $0.70 earnings per share (EPS) for the quarter, missing the 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 for the quarter, compared to analysts’ expectations of $4.30 billion. During the same quarter in the prior year, the business posted $0.80 EPS. The business’s revenue for the quarter was up .1% compared to the same quarter last year.

Several other analysts have also recently issued reports on KSS. Piper Jaffray Companies set a $55.00 target price on Kohl's and gave the stock a “hold” rating in a research report on Wednesday. JPMorgan Chase & Co. upgraded Kohl's from a “neutral” rating to an “overweight” rating in a research report on Friday. Guggenheim restated a “buy” rating and set a $60.00 price target on shares of Kohl's in a report on Wednesday. Royal Bank of Canada upgraded Kohl's from an “underperform” rating to a “sector perform” rating and set a $60.00 price target for the company in a report on Friday. Finally, BMO Capital Markets set a $60.00 price target on Kohl's and gave the company a “hold” rating in a report on Friday. Five equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and eight have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $49.90.

Kohl's (NYSE KSS) traded up $2.75 during trading hours on Thursday, hitting $63.87. The company had a trading volume of 7,483,340 shares, compared to its average volume of 4,540,000. 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 has a 12-month low of $35.16 and a 12-month high of $65.06. The stock has a market capitalization of $10,730.00, a PE ratio of 16.94, a P/E/G ratio of 2.16 and a beta of 1.24.

A number of hedge funds and other institutional investors have recently modified their holdings of KSS. Sentry Investment Management LLC raised its position in shares of Kohl's by 1.2% in the 2nd quarter. Sentry Investment Management LLC now owns 12,892 shares of the company’s stock worth $499,000 after acquiring an additional 158 shares in the last quarter. Ropes Wealth Advisors LLC raised its position in shares of Kohl's by 1.5% in the 2nd quarter. Ropes Wealth Advisors LLC now owns 11,717 shares of the company’s stock worth $453,000 after acquiring an additional 175 shares in the last quarter. Thrivent Financial For Lutherans raised its position in shares of Kohl's by 3.7% in the 2nd quarter. Thrivent Financial For Lutherans now owns 6,870 shares of the company’s stock worth $265,000 after acquiring an additional 245 shares in the last quarter. WFG Advisors LP raised its position in shares of Kohl's by 3.3% in the 2nd quarter. WFG Advisors LP now owns 9,154 shares of the company’s stock worth $354,000 after acquiring an additional 296 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. raised its position in shares of Kohl's by 3.1% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 15,667 shares of the company’s stock worth $606,000 after acquiring an additional 474 shares in the last quarter.

In other Kohl's news, Director Stephanie A. Streeter sold 4,173 shares of Kohl's stock in a transaction on Friday, December 22nd. The stock was sold at an average price of $53.85, for a total transaction of $224,716.05. Following the completion of the sale, the director now directly owns 21,960 shares of the company’s stock, valued at approximately $1,182,546. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Jonas Prising bought 4,725 shares of the firm’s stock in a transaction on Wednesday, November 15th. The shares were purchased at an average cost of $42.35 per share, with a total value of $200,103.75. Following the completion of the transaction, the director now owns 8,661 shares in the company, valued at $366,793.35. The disclosure for this purchase can be found here. 1.20% of the stock is currently owned by company insiders.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 20th. Investors of record on Wednesday, December 6th were paid a dividend of $0.55 per share. This represents a $2.20 dividend on an annualized basis and a dividend yield of 3.44%. The ex-dividend date was Tuesday, December 5th. Kohl's’s dividend payout ratio is currently 58.36%.

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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.

Earnings History and Estimates for Kohl's (NYSE:KSS)

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