Kohl’s (NYSE:KSS) Receives “Hold” Rating from Deutsche Bank

Deutsche Bank reissued their hold rating on shares of Kohl’s (NYSE:KSS) in a research report released on Wednesday morning, The Fly reports. The firm currently has a $52.00 price objective on the stock, down from their prior price objective of $58.00.

KSS has been the topic of several other reports. Morgan Stanley reduced their price objective on Kohl’s from $58.00 to $50.00 and set an underweight rating on the stock in a research report on Thursday, May 23rd. Robert W. Baird reduced their price objective on Kohl’s from $80.00 to $70.00 and set an outperform rating on the stock in a research report on Wednesday, May 22nd. Atlantic Securities downgraded Kohl’s from a neutral rating to an underweight rating and set a $42.00 target price on the stock. in a research report on Tuesday, June 4th. Wedbush reiterated a neutral rating and set a $48.00 target price (down from $58.00) on shares of Kohl’s in a research report on Thursday, August 15th. Finally, ValuEngine upgraded Kohl’s from a strong sell rating to a sell rating in a research report on Thursday, August 1st. Four equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have issued a buy rating to the company. Kohl’s currently has an average rating of Hold and a consensus price target of $61.47.

Shares of NYSE:KSS opened at $45.18 on Wednesday. The company has a quick ratio of 0.34, a current ratio of 1.65 and a debt-to-equity ratio of 1.06. Kohl’s has a 52-week low of $43.33 and a 52-week high of $83.28. The stock’s fifty day simple moving average is $49.05 and its 200-day simple moving average is $59.11. The company has a market capitalization of $7.67 billion, a P/E ratio of 8.80, a P/E/G ratio of 0.90 and a beta of 1.00.

Kohl’s (NYSE:KSS) last issued its quarterly earnings data on Tuesday, August 20th. The company reported $1.55 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.51 by $0.04. Kohl’s had a return on equity of 15.94% and a net margin of 3.69%. The business had revenue of $4.43 billion for the quarter, compared to the consensus estimate of $4.25 billion. During the same period in the prior year, the business earned $1.76 earnings per share. The business’s revenue was down 3.1% on a year-over-year basis. On average, sell-side analysts anticipate that Kohl’s will post 5.23 earnings per share for the current year.

Several hedge funds have recently bought and sold shares of the company. Geode Capital Management LLC raised its stake in Kohl’s by 6.4% during the fourth quarter. Geode Capital Management LLC now owns 2,939,284 shares of the company’s stock valued at $194,900,000 after purchasing an additional 177,898 shares in the last quarter. FMR LLC raised its stake in Kohl’s by 1.7% during the fourth quarter. FMR LLC now owns 74,150 shares of the company’s stock valued at $4,919,000 after purchasing an additional 1,209 shares in the last quarter. IFM Investors Pty Ltd raised its stake in Kohl’s by 13.6% during the first quarter. IFM Investors Pty Ltd now owns 11,596 shares of the company’s stock valued at $797,000 after purchasing an additional 1,392 shares in the last quarter. CWM LLC raised its stake in Kohl’s by 40.4% during the first quarter. CWM LLC now owns 1,634 shares of the company’s stock valued at $112,000 after purchasing an additional 470 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV purchased a new stake in Kohl’s during the first quarter valued at $823,000.

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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