Kohl’s’ (KSS) Market Perform Rating Reiterated at Telsey Advisory Group

Kohl’s (NYSE:KSS)‘s stock had its “market perform” rating reiterated by stock analysts at Telsey Advisory Group in a research note issued to investors on Tuesday,Benzinga reports. They currently have a $13.00 target price on the stock. Telsey Advisory Group’s price target suggests a potential upside of 7.62% from the company’s current price.

Several other analysts have also recently commented on KSS. Gordon Haskett downgraded Kohl’s from a “hold” rating to a “reduce” rating and set a $11.00 target price on the stock. in a research note on Tuesday, November 26th. Robert W. Baird downgraded Kohl’s from an “outperform” rating to a “neutral” rating and dropped their price objective for the stock from $25.00 to $18.00 in a research note on Wednesday, November 27th. Baird R W lowered Kohl’s from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 27th. Morgan Stanley dropped their price target on shares of Kohl’s from $17.00 to $15.00 and set an “underweight” rating on the stock in a research report on Monday, November 25th. Finally, Jefferies Financial Group reduced their price objective on shares of Kohl’s from $15.00 to $12.00 and set a “hold” rating for the company in a research report on Tuesday, February 4th. Four research analysts have rated the stock with a sell rating and nine have assigned a hold rating to the stock. According to MarketBeat.com, Kohl’s has an average rating of “Hold” and a consensus price target of $15.84.

Kohl’s Price Performance

Shares of KSS opened at $12.08 on Tuesday. Kohl’s has a 12 month low of $10.91 and a 12 month high of $29.60. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.05 and a quick ratio of 0.12. The stock has a fifty day moving average price of $12.67 and a 200 day moving average price of $16.08. The company has a market cap of $1.34 billion, a P/E ratio of 5.44 and a beta of 1.92.

Kohl’s (NYSE:KSS) last released its quarterly earnings results on Tuesday, March 11th. The company reported $0.95 EPS for the quarter, topping the consensus estimate of $0.72 by $0.23. Kohl’s had a net margin of 1.47% and a return on equity of 6.44%. The business had revenue of $5.18 billion during the quarter, compared to analyst estimates of $5.25 billion. During the same quarter in the prior year, the firm earned $1.67 earnings per share. The company’s quarterly revenue was down 9.4% on a year-over-year basis. On average, research analysts forecast that Kohl’s will post 1.3 earnings per share for the current year.

Insider Activity at Kohl’s

In related news, EVP Feeney Siobhan Mc sold 3,827 shares of the company’s stock in a transaction on Friday, January 3rd. The stock was sold at an average price of $14.05, for a total transaction of $53,769.35. Following the transaction, the executive vice president now directly owns 133,091 shares of the company’s stock, valued at approximately $1,869,928.55. The trade was a 2.80 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.86% of the stock is owned by insiders.

Institutional Investors Weigh In On Kohl’s

A number of institutional investors have recently bought and sold shares of KSS. Brown Brothers Harriman & Co. boosted its holdings in shares of Kohl’s by 183.8% during the third quarter. Brown Brothers Harriman & Co. now owns 1,416 shares of the company’s stock worth $30,000 after purchasing an additional 917 shares during the period. Vident Advisory LLC lifted its position in Kohl’s by 9.3% in the 4th quarter. Vident Advisory LLC now owns 11,421 shares of the company’s stock worth $160,000 after buying an additional 967 shares in the last quarter. Grantham Mayo Van Otterloo & Co. LLC boosted its stake in shares of Kohl’s by 1.7% during the 4th quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 59,124 shares of the company’s stock valued at $830,000 after buying an additional 972 shares during the period. Farther Finance Advisors LLC grew its holdings in shares of Kohl’s by 117.5% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,914 shares of the company’s stock valued at $40,000 after acquiring an additional 1,034 shares in the last quarter. Finally, Russell Investments Group Ltd. grew its holdings in shares of Kohl’s by 7.6% during the 4th quarter. Russell Investments Group Ltd. now owns 17,526 shares of the company’s stock valued at $246,000 after acquiring an additional 1,232 shares in the last quarter. 98.04% of the stock is currently owned by institutional investors and hedge funds.

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.