Kohl’s (KSS) Earns “Outperform” Rating from Telsey Advisory Group

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Telsey Advisory Group reiterated their outperform rating on shares of Kohl’s (NYSE:KSS) in a report released on Friday morning, MarketBeat Ratings reports. Telsey Advisory Group currently has a $80.00 target price on the stock, down from their previous target price of $90.00.

Several other analysts have also recently commented on KSS. ValuEngine cut shares of Kohl’s from a buy rating to a hold rating in a research note on Tuesday, October 2nd. Bank of America reiterated a buy rating and issued a $90.00 price objective on shares of Kohl’s in a research note on Wednesday, October 10th. OTR Global upgraded shares of Kohl’s to a positive rating in a research note on Friday, November 2nd. Piper Jaffray Companies set a $68.00 price objective on shares of Kohl’s and gave the company a hold rating in a research note on Wednesday, November 21st. Finally, Royal Bank of Canada reduced their price objective on shares of Kohl’s to $73.00 and set a market perform rating for the company in a research note on Wednesday, November 21st. Two research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and nine have assigned a buy rating to the company. The company has a consensus rating of Hold and a consensus target price of $76.75.

Shares of NYSE KSS opened at $67.27 on Friday. The company has a quick ratio of 0.37, a current ratio of 1.58 and a debt-to-equity ratio of 0.70. Kohl’s has a 52 week low of $57.89 and a 52 week high of $83.28. The stock has a market capitalization of $11.54 billion, a P/E ratio of 16.05, a P/E/G ratio of 1.90 and a beta of 0.94.

Kohl’s (NYSE:KSS) last announced its quarterly earnings data on Tuesday, November 20th. The company reported $0.98 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.96 by $0.02. Kohl’s had a net margin of 4.94% and a return on equity of 16.06%. The firm had revenue of $4.37 billion during the quarter, compared to analysts’ expectations of $4.36 billion. During the same quarter last year, the business earned $0.70 earnings per share. The business’s revenue for the quarter was up 1.3% compared to the same quarter last year. As a group, research analysts anticipate that Kohl’s will post 5.53 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 26th. Shareholders of record on Wednesday, December 12th were issued a dividend of $0.61 per share. The ex-dividend date of this dividend was Tuesday, December 11th. This represents a $2.44 annualized dividend and a yield of 3.63%. Kohl’s’s dividend payout ratio (DPR) is currently 58.23%.

A number of large investors have recently bought and sold shares of the business. Vanguard Group Inc grew its holdings in shares of Kohl’s by 0.3% during the third quarter. Vanguard Group Inc now owns 18,645,902 shares of the company’s stock worth $1,390,053,000 after buying an additional 47,724 shares in the last quarter. AQR Capital Management LLC grew its holdings in shares of Kohl’s by 18.0% during the third quarter. AQR Capital Management LLC now owns 7,606,249 shares of the company’s stock worth $567,046,000 after buying an additional 1,162,802 shares in the last quarter. TIAA CREF Investment Management LLC grew its holdings in shares of Kohl’s by 153.6% during the third quarter. TIAA CREF Investment Management LLC now owns 2,551,899 shares of the company’s stock worth $190,244,000 after buying an additional 1,545,495 shares in the last quarter. Prudential Financial Inc. grew its holdings in shares of Kohl’s by 15.4% during the third quarter. Prudential Financial Inc. now owns 2,523,317 shares of the company’s stock worth $188,113,000 after buying an additional 336,708 shares in the last quarter. Finally, Janus Henderson Group PLC grew its holdings in shares of Kohl’s by 17.9% during the third quarter. Janus Henderson Group PLC now owns 2,107,039 shares of the company’s stock worth $157,080,000 after buying an additional 320,619 shares in the last quarter.

About Kohl’s

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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Analyst Recommendations for Kohl`s (NYSE:KSS)

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