Kohl’s (NYSE:KSS) Stock Price Down 3.8% – Time to Sell?

Kohl’s Corporation (NYSE:KSS)’s stock price dropped 3.8% during mid-day trading on Friday . The stock traded as low as $15.63 and last traded at $15.53. Approximately 317,131 shares were traded during trading, a decline of 97% from the average daily volume of 11,084,730 shares. The stock had previously closed at $16.14.

Analyst Upgrades and Downgrades

KSS has been the subject of several research analyst reports. Gordon Haskett upgraded shares of Kohl’s from a “hold” rating to an “accumulate” rating in a report on Wednesday, August 27th. Citigroup upped their price target on shares of Kohl’s from $8.00 to $16.00 and gave the stock a “neutral” rating in a report on Thursday, August 28th. The Goldman Sachs Group upped their price target on shares of Kohl’s from $7.00 to $11.00 and gave the stock a “sell” rating in a report on Thursday, August 28th. Telsey Advisory Group upped their price target on shares of Kohl’s from $9.00 to $16.00 and gave the stock a “market perform” rating in a report on Wednesday, August 27th. Finally, Robert W. Baird upped their price target on shares of Kohl’s from $9.00 to $15.00 and gave the stock a “neutral” rating in a report on Thursday, August 28th. One research analyst has rated the stock with a Buy rating, nine have issued a Hold rating and six have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Kohl’s currently has an average rating of “Reduce” and an average price target of $12.46.

Kohl’s Stock Down 5.2%

The firm has a market capitalization of $1.71 billion, a price-to-earnings ratio of 8.27 and a beta of 1.74. The stock has a fifty day moving average of $12.83 and a two-hundred day moving average of $9.81. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.36 and a quick ratio of 0.19.

Kohl’s (NYSE:KSS) last posted its quarterly earnings data on Wednesday, August 27th. The company reported $0.56 earnings per share for the quarter, beating analysts’ consensus estimates of $0.33 by $0.23. The business had revenue of $3.35 billion during the quarter, compared to the consensus estimate of $3.37 billion. Kohl’s had a return on equity of 4.62% and a net margin of 1.31%.Kohl’s’s quarterly revenue was down 5.0% on a year-over-year basis. During the same period in the prior year, the business posted $0.59 earnings per share. Kohl’s has set its FY 2025 guidance at 0.500-0.800 EPS. Sell-side analysts anticipate that Kohl’s Corporation will post 1.3 earnings per share for the current year.

Kohl’s Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 24th. Shareholders of record on Wednesday, September 10th will be given a dividend of $0.125 per share. The ex-dividend date of this dividend is Wednesday, September 10th. This represents a $0.50 dividend on an annualized basis and a yield of 3.3%. Kohl’s’s dividend payout ratio is 27.03%.

Institutional Trading of Kohl’s

A number of institutional investors have recently bought and sold shares of KSS. National Bank of Canada FI bought a new stake in Kohl’s during the first quarter valued at $25,000. Smartleaf Asset Management LLC boosted its position in Kohl’s by 161.8% during the first quarter. Smartleaf Asset Management LLC now owns 3,053 shares of the company’s stock valued at $26,000 after acquiring an additional 1,887 shares during the last quarter. CWM LLC boosted its position in Kohl’s by 49.7% during the first quarter. CWM LLC now owns 4,177 shares of the company’s stock valued at $34,000 after acquiring an additional 1,386 shares during the last quarter. State of Wyoming bought a new stake in Kohl’s during the fourth quarter valued at $35,000. Finally, Cheviot Value Management LLC bought a new stake in Kohl’s during the first quarter valued at $36,000. Institutional investors own 98.04% of the company’s stock.

Kohl’s Company Profile

Kohl’s Corporation operates as an omnichannel retailer in the United States. It offers branded apparel, footwear, accessories, beauty, and home products through its stores and website. The company provides its products primarily under the brand names of Croft & Barrow, Jumping Beans, SO, Sonoma Goods for Life, and Tek Gear, as well as Food Network, LC Lauren Conrad, Nine West, and Simply Vera Vera Wang.