Analysts Set Kohl’s Co. (NYSE:KSS) Target Price at $21.29

Kohl’s Co. (NYSE:KSS) has been given a consensus rating of “Reduce” by the seven ratings firms that are currently covering the stock, MarketBeat reports. Two analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and one has assigned a buy recommendation to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $21.29.

Several equities analysts have recently weighed in on the stock. Evercore ISI dropped their price objective on shares of Kohl’s from $22.00 to $20.00 and set an “in-line” rating on the stock in a report on Thursday, August 29th. TD Cowen downgraded Kohl’s from a “buy” rating to a “hold” rating and dropped their price target for the stock from $25.00 to $21.00 in a research note on Friday, August 30th. Telsey Advisory Group reissued a “market perform” rating and issued a $23.00 price objective on shares of Kohl’s in a research note on Wednesday, August 28th. JPMorgan Chase & Co. lowered Kohl’s from a “neutral” rating to an “underweight” rating and set a $19.00 target price on the stock. in a research report on Thursday, August 29th. Finally, Morgan Stanley downgraded shares of Kohl’s to an “underweight” rating and reduced their price target for the company from $18.00 to $17.00 in a research report on Tuesday, August 27th.

Insider Activity at Kohl’s

In related news, EVP Feeney Siobhan Mc sold 16,367 shares of the stock in a transaction on Thursday, October 3rd. The stock was sold at an average price of $19.27, for a total value of $315,392.09. Following the completion of the sale, the executive vice president now directly owns 136,799 shares of the company’s stock, valued at approximately $2,636,116.73. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.86% of the stock is owned by insiders.

Institutional Investors Weigh In On Kohl’s

Large investors have recently made changes to their positions in the business. Security National Bank bought a new stake in shares of Kohl’s in the second quarter valued at approximately $34,000. Farther Finance Advisors LLC raised its position 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 buying an additional 1,034 shares in the last quarter. CWM LLC lifted its holdings in shares of Kohl’s by 97.1% during the 2nd quarter. CWM LLC now owns 1,924 shares of the company’s stock worth $44,000 after acquiring an additional 948 shares during the last quarter. Abich Financial Wealth Management LLC purchased a new position in Kohl’s in the second quarter worth $49,000. Finally, Summit Securities Group LLC increased its stake in Kohl’s by 50.0% in the second quarter. Summit Securities Group LLC now owns 2,400 shares of the company’s stock valued at $55,000 after acquiring an additional 800 shares during the last quarter. 98.04% of the stock is owned by hedge funds and other institutional investors.

Kohl’s Trading Down 2.3 %

NYSE KSS opened at $18.26 on Friday. The stock has a market capitalization of $2.03 billion, a P/E ratio of 7.33, a P/E/G ratio of 1.21 and a beta of 1.94. The business has a 50 day simple moving average of $19.39 and a 200 day simple moving average of $21.29. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.08 and a quick ratio of 0.16. Kohl’s has a one year low of $17.41 and a one year high of $29.60.

Kohl’s (NYSE:KSS) last announced its quarterly earnings data on Wednesday, August 28th. The company reported $0.59 EPS for the quarter, topping the consensus estimate of $0.46 by $0.13. Kohl’s had a net margin of 1.66% and a return on equity of 7.43%. The company had revenue of $3.53 billion during the quarter, compared to the consensus estimate of $3.69 billion. During the same quarter last year, the firm posted $0.52 EPS. The company’s quarterly revenue was down 4.2% on a year-over-year basis. Research analysts expect that Kohl’s will post 1.81 earnings per share for the current year.

Kohl’s Company Profile

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.