Kohl’s (NYSE:KSS) Issues FY25 Earnings Guidance

Kohl’s (NYSE:KSS) updated its FY25 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of $1.20-1.50 for the period, compared to the consensus estimate of $1.81. The company issued revenue guidance of down 7-8% yr/yr to ~$15.26-15.42 billion, compared to the consensus revenue estimate of $15.68 billion. Kohl’s also updated its FY 2024 guidance to 1.200-1.500 EPS.

Kohl’s Price Performance

Kohl’s stock opened at $15.24 on Wednesday. The stock has a fifty day moving average of $18.86 and a 200-day moving average of $20.77. The stock has a market capitalization of $1.69 billion, a P/E ratio of 5.97, a price-to-earnings-growth ratio of 1.30 and a beta of 1.94. The company has a debt-to-equity ratio of 0.98, a quick ratio of 0.16 and a current ratio of 1.08. Kohl’s has a 52 week low of $14.22 and a 52 week high of $29.60.

Kohl’s (NYSE:KSS) last posted its earnings results on Tuesday, November 26th. The company reported $0.20 EPS for the quarter, missing analysts’ consensus estimates of $0.28 by ($0.08). The company had revenue of $3.71 billion during the quarter, compared to the consensus estimate of $3.64 billion. Kohl’s had a return on equity of 7.43% and a net margin of 1.66%. The firm’s revenue was down 8.5% compared to the same quarter last year. During the same period last year, the company posted $0.53 EPS. On average, sell-side analysts expect that Kohl’s will post 1.77 earnings per share for the current fiscal year.

Kohl’s Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 24th. Shareholders of record on Wednesday, December 11th will be paid a dividend of $0.50 per share. The ex-dividend date is Wednesday, December 11th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 13.13%. Kohl’s’s payout ratio is presently 78.43%.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the company. Morgan Stanley reduced their price target on Kohl’s from $17.00 to $15.00 and set an “underweight” rating on the stock in a report on Monday. Gordon Haskett lowered Kohl’s from a “hold” rating to a “reduce” rating and set a $11.00 target price for the company. in a research report on Tuesday. Robert W. Baird cut Kohl’s from an “outperform” rating to a “neutral” rating and reduced their target price for the company from $25.00 to $18.00 in a report on Wednesday. Evercore ISI lowered their price target on shares of Kohl’s from $22.00 to $20.00 and set an “in-line” rating for the company in a report on Thursday, August 29th. Finally, Guggenheim reduced their price objective on shares of Kohl’s from $26.00 to $25.00 and set a “buy” rating on the stock in a research note on Wednesday. Three research analysts have rated the stock with a sell rating, six have given a hold rating and one has given a buy rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $18.22.

Insider Activity

In other news, EVP Feeney Siobhan Mc sold 16,367 shares of the business’s stock in a transaction that occurred on Thursday, October 3rd. The stock was sold at an average price of $19.27, for a total transaction of $315,392.09. Following the completion of the sale, the executive vice president now owns 136,799 shares in the company, valued at $2,636,116.73. The trade was a 10.69 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.86% of the stock is currently owned by company insiders.

About Kohl’s

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.