Kohl’s (NYSE:KSS) Raised to Buy at Wall Street Zen

by · The Cerbat Gem

Kohl’s (NYSE:KSS – Get Free Report) was upgraded by research analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a report issued on Friday.

KSS has been the subject of several other reports. Robert W. Baird upped their target price on shares of Kohl’s from $17.00 to $22.00 and gave the company a “neutral” rating in a research note on Wednesday. Telsey Advisory Group reissued a “market perform” rating and issued a $23.00 price objective (up from $16.00) on shares of Kohl’s in a research report on Tuesday, November 25th. The Goldman Sachs Group raised their target price on Kohl’s from $11.00 to $15.00 and gave the company a “sell” rating in a research note on Wednesday. Jefferies Financial Group lifted their target price on Kohl’s from $17.00 to $20.00 and gave the stock a “hold” rating in a research report on Tuesday. Finally, BTIG Research reissued a “neutral” rating on shares of Kohl’s in a report on Tuesday. One research analyst has rated the stock with a Buy rating, nine have given a Hold rating and six have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Kohl’s presently has an average rating of “Reduce” and a consensus target price of $15.18.

View Our Latest Report on Kohl’s

Kohl’s Price Performance

KSS stock opened at $24.68 on Friday. The firm has a market cap of $2.77 billion, a P/E ratio of 13.34 and a beta of 1.78. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.19 and a current ratio of 1.36. Kohl’s has a 1 year low of $6.04 and a 1 year high of $24.91. The stock has a 50-day simple moving average of $16.85 and a 200-day simple moving average of $13.20.

Kohl’s (NYSE:KSS – Get Free Report) last released its quarterly earnings results on Tuesday, November 25th. The company reported $0.10 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.19) by $0.29. Kohl’s had a return on equity of 4.62% and a net margin of 1.31%.The firm had revenue of $3.58 billion during the quarter, compared to analysts’ expectations of $3.37 billion. During the same quarter in the prior year, the business earned $0.20 EPS. Kohl’s’s quarterly revenue was down 3.6% compared to the same quarter last year. Kohl’s has set its FY 2025 guidance at 1.250-1.450 EPS. On average, equities analysts predict that Kohl’s will post 1.3 earnings per share for the current fiscal year.

Institutional Trading of Kohl’s

Several hedge funds have recently made changes to their positions in KSS. JPMorgan Chase & Co. boosted its position in Kohl’s by 3,123.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,011,182 shares of the company’s stock valued at $30,912,000 after purchasing an additional 1,948,783 shares during the period. Alyeska Investment Group L.P. acquired a new stake in Kohl’s in the first quarter worth $11,650,000. Hancock Whitney Corp bought a new stake in Kohl’s in the third quarter valued at $17,125,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in shares of Kohl’s during the first quarter valued at $7,818,000. Finally, AQR Capital Management LLC boosted its holdings in shares of Kohl’s by 88.1% during the first quarter. AQR Capital Management LLC now owns 1,774,244 shares of the company’s stock valued at $14,513,000 after acquiring an additional 831,055 shares during the period. Institutional investors own 98.04% of the company’s stock.

About Kohl’s

(Get Free Report)

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.

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