Kohl’s (NYSE:KSS) Upgraded by ValuEngine to “Sell”

ValuEngine upgraded shares of Kohl’s (NYSE:KSS) from a strong sell rating to a sell rating in a research note published on Thursday, ValuEngine reports.

A number of other research analysts have also issued reports on KSS. JPMorgan Chase & Co. lowered shares of Kohl’s from an overweight rating to a neutral rating in a research note on Tuesday, May 21st. Robert W. Baird cut their price target on shares of Kohl’s from $80.00 to $70.00 and set an outperform rating on the stock in a research note on Wednesday, May 22nd. Telsey Advisory Group restated an outperform rating and set a $65.00 price target (down previously from $80.00) on shares of Kohl’s in a research note on Wednesday, May 22nd. Morgan Stanley cut their price objective on shares of Kohl’s from $58.00 to $50.00 and set an underweight rating on the stock in a research note on Thursday, May 23rd. Finally, Jefferies Financial Group cut their price objective on shares of Kohl’s from $100.00 to $95.00 and set a buy rating on the stock in a research note on Tuesday, May 21st. Four equities research analysts have rated the stock with a sell rating, nine have given a hold rating and eight have issued a buy rating to the company. Kohl’s presently has a consensus rating of Hold and an average target price of $69.67.

Shares of NYSE KSS traded up $0.53 during trading hours on Thursday, hitting $50.18. 3,912,581 shares of the stock were exchanged, compared to its average volume of 3,994,033. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.34 and a current ratio of 1.66. The firm has a market capitalization of $8.06 billion, a P/E ratio of 8.96, a PEG ratio of 1.00 and a beta of 0.98. The firm’s fifty day simple moving average is $48.80. Kohl’s has a 12 month low of $45.21 and a 12 month high of $83.28.

Kohl’s (NYSE:KSS) last posted its quarterly earnings data on Tuesday, May 21st. The company reported $0.61 EPS for the quarter, missing the consensus estimate of $0.67 by ($0.06). Kohl’s had a return on equity of 16.74% and a net margin of 3.91%. The firm had revenue of $3.82 billion for the quarter, compared to the consensus estimate of $3.97 billion. During the same quarter last year, the firm earned $0.64 EPS. The company’s revenue was down 3.3% compared to the same quarter last year. Research analysts predict that Kohl’s will post 5.31 EPS for the current year.

Institutional investors have recently bought and sold shares of the business. Cullen Frost Bankers Inc. bought a new position in shares of Kohl’s during the first quarter valued at approximately $33,000. TRUE Private Wealth Advisors purchased a new position in shares of Kohl’s during the 2nd quarter worth $33,000. Liberty Wealth Management LLC purchased a new position in shares of Kohl’s during the 4th quarter valued at $36,000. Princeton Capital Management LLC lifted its stake in shares of Kohl’s by 94.3% during the 1st quarter. Princeton Capital Management LLC now owns 544 shares of the company’s stock valued at $37,000 after buying an additional 264 shares in the last quarter. Finally, Thor Advisors LLC purchased a new position in shares of Kohl’s during the 1st quarter valued at $50,000.

Kohl’s Company Profile

Kohl's Corporation operates as an omni-channel retailer in the United States. Its stores and Website offer apparel, footwear, accessories, beauty, and home products. As of February 3, 2018, it operated 1,158 department stores; a Website Kohls.com; and 12 FILA outlets, and 4 Off-Aisle clearance centers.

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Analyst Recommendations for Kohl`s (NYSE:KSS)

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