Kohl’s (NYSE:KSS) Given New $20.00 Price Target at Citigroup

Kohl’s (NYSE:KSS) had its target price cut by analysts at Citigroup from $23.00 to $20.00 in a research report issued on Thursday,Benzinga reports. The firm presently has a “neutral” rating on the stock. Citigroup’s price target would suggest a potential upside of 3.78% from the stock’s previous close.

A number of other brokerages have also recently commented on KSS. UBS Group lifted their target price on Kohl’s from $4.50 to $7.00 and gave the stock a “sell” rating in a report on Wednesday, November 26th. Robert W. Baird set a $24.00 price objective on shares of Kohl’s in a research note on Wednesday, December 17th. Zacks Research raised shares of Kohl’s from a “hold” rating to a “strong-buy” rating in a research note on Monday, December 1st. Telsey Advisory Group reaffirmed a “market perform” rating and set a $23.00 price target (up from $16.00) on shares of Kohl’s in a research note on Tuesday, November 25th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Kohl’s in a research report on Thursday, January 22nd. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, eight have issued a Hold rating and six have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Reduce” and an average target price of $15.27.

Kohl’s Price Performance

Shares of KSS stock traded down $0.05 during trading hours on Thursday, hitting $19.27. The stock had a trading volume of 2,235,320 shares, compared to its average volume of 3,477,951. The stock’s 50-day moving average price is $19.87 and its two-hundred day moving average price is $17.72. Kohl’s has a one year low of $6.04 and a one year high of $25.22. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.30 and a quick ratio of 0.12. The stock has a market capitalization of $2.16 billion, a price-to-earnings ratio of 11.18 and a beta of 1.44.

Kohl’s (NYSE:KSS) last posted its earnings results on Tuesday, November 25th. The company reported $0.10 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.19) by $0.29. Kohl’s had a net margin of 1.23% and a return on equity of 4.30%. The firm had revenue of $3.58 billion for the quarter, compared to the consensus estimate of $3.37 billion. During the same period in the previous year, the firm posted $0.20 EPS. The business’s quarterly revenue was down 3.6% on a year-over-year basis. Kohl’s has set its FY 2025 guidance at 1.250-1.450 EPS. Equities analysts forecast that Kohl’s will post 1.3 EPS for the current year.

Insider Buying and Selling at Kohl’s

In related news, CFO Jill Timm sold 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, December 10th. The shares were sold at an average price of $24.00, for a total value of $240,000.00. Following the completion of the transaction, the chief financial officer owned 325,561 shares of the company’s stock, valued at $7,813,464. The trade was a 2.98% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Corporate insiders own 1.00% of the company’s stock.

Institutional Trading of Kohl’s

Hedge funds and other institutional investors have recently made changes to their positions in the business. Harbor Capital Advisors Inc. purchased a new position in Kohl’s during the 3rd quarter worth approximately $28,000. IFP Advisors Inc lifted its position in Kohl’s by 3,777.6% during the third quarter. IFP Advisors Inc now owns 1,900 shares of the company’s stock valued at $31,000 after purchasing an additional 1,851 shares during the period. Caldwell Trust Co purchased a new stake in Kohl’s in the third quarter valued at $33,000. Farther Finance Advisors LLC boosted its holdings in Kohl’s by 233.9% in the fourth quarter. Farther Finance Advisors LLC now owns 1,666 shares of the company’s stock valued at $34,000 after purchasing an additional 1,167 shares during the last quarter. Finally, Future Financial Wealth Managment LLC grew its position in Kohl’s by 400.0% during the 3rd quarter. Future Financial Wealth Managment LLC now owns 2,500 shares of the company’s stock worth $38,000 after purchasing an additional 2,000 shares during the period. Hedge funds and other institutional investors own 98.04% of the company’s stock.

Kohl’s Company Profile

Kohl’s Corporation, founded in 1962 by Maxwell Kohl and headquartered in Menomonee Falls, Wisconsin, is a leading American department store retailer. The company operates approximately 1,100 stores across 49 states, offering a combination of value-oriented pricing, private-label brands and national labels. Since its initial public offering in 1992, Kohl’s has focused on broadening its product assortment and enhancing the in-store and online shopping experience.

The retailer’s merchandise portfolio spans apparel, footwear, accessories, and beauty products for women, men and children, as well as home goods, kitchenware and seasonal décor.