Kohl’s (KSS) Scheduled to Post Quarterly Earnings on Tuesday

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Kohl’s (NYSE:KSS) is set to announce its earnings results before the market opens on Tuesday, November 20th. Analysts expect the company to announce earnings of $0.96 per share for the quarter. Kohl’s has set its FY19 guidance at $5.15-5.55 EPS.

Kohl’s (NYSE:KSS) last posted its quarterly earnings results on Tuesday, August 21st. The company reported $1.76 EPS for the quarter, topping the Zacks’ consensus estimate of $1.64 by $0.12. The business had revenue of $4.57 billion during the quarter, compared to the consensus estimate of $4.27 billion. Kohl’s had a return on equity of 15.55% and a net margin of 4.79%. The company’s revenue for the quarter was up 4.0% compared to the same quarter last year. During the same period last year, the firm earned $1.24 earnings per share. On average, analysts expect Kohl’s to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

NYSE:KSS opened at $80.75 on Tuesday. The stock has a market capitalization of $13.67 billion, a P/E ratio of 19.27, a PEG ratio of 2.25 and a beta of 1.10. Kohl’s has a one year low of $40.90 and a one year high of $83.28. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.82 and a quick ratio of 0.53.

A number of equities analysts recently commented on KSS shares. Zacks Investment Research upgraded Kohl’s from a “hold” rating to a “buy” rating and set a $79.00 price target for the company in a research note on Tuesday, July 17th. ValuEngine downgraded Kohl’s from a “buy” rating to a “hold” rating in a research note on Thursday, August 2nd. Wedbush assumed coverage on Kohl’s in a research note on Friday, August 10th. They issued a “neutral” rating and a $75.00 target price for the company. Cowen restated a “buy” rating and issued a $90.00 target price on shares of Kohl’s in a research note on Thursday, August 16th. Finally, Guggenheim restated a “buy” rating and issued a $85.00 target price on shares of Kohl’s in a research note on Tuesday, August 21st. Two equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and nine have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $78.20.

In other news, EVP Ratnakar Lavu sold 12,205 shares of the business’s stock in a transaction that occurred on Tuesday, September 4th. The stock was sold at an average price of $82.00, for a total transaction of $1,000,810.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Stephanie A. Streeter sold 4,776 shares of the business’s stock in a transaction that occurred on Wednesday, September 5th. The stock was sold at an average price of $81.50, for a total value of $389,244.00. Following the transaction, the director now owns 24,860 shares of the company’s stock, valued at $2,026,090. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 75,788 shares of company stock valued at $6,104,331. Insiders own 1.20% of the company’s stock.

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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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Earnings History for Kohl`s (NYSE:KSS)

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