Kohl's (KSS) Rating Reiterated by Jefferies Group
Jefferies Group restated their buy rating on shares of Kohl's (NYSE:KSS) in a research report report published on Friday morning. Jefferies Group currently has a $100.00 target price on the stock. Jefferies Group also issued estimates for Kohl's’ FY2018 earnings at $4.08 EPS, Q1 2020 earnings at $0.88 EPS, Q2 2020 earnings at $2.16 EPS and Q3 2020 earnings at $1.42 EPS.
Several other equities analysts have also recently commented on the stock. Zacks Investment Research raised shares of Kohl's from a hold rating to a buy rating and set a $47.00 target price on the stock in a research report on Monday, October 16th. Telsey Advisory Group raised shares of Kohl's from a market perform rating to an outperform rating and lifted their target price for the stock from $43.00 to $50.00 in a research report on Monday, October 9th. Robert W. Baird raised shares of Kohl's from a neutral rating to an outperform rating and lifted their target price for the stock from $46.00 to $47.00 in a research report on Friday, November 10th. Northcoast Research assumed coverage on shares of Kohl's in a research report on Friday, December 8th. They set a neutral rating on the stock. Finally, Royal Bank of Canada reaffirmed a sell rating on shares of Kohl's in a report on Sunday, November 12th. Five research analysts have rated the stock with a sell rating, twelve have given a hold rating and nine have assigned a buy rating to the stock. Kohl's presently has a consensus rating of Hold and an average target price of $54.10.
Kohl's (NYSE:KSS) traded up $2.69 during trading on Friday, hitting $67.54. 5,559,480 shares of the company’s stock traded hands, compared to its average volume of 4,310,000. Kohl's has a 1 year low of $35.16 and a 1 year high of $67.55. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.30 and a current ratio of 1.63. The company has a market cap of $11,350.00, a PE ratio of 17.92, a P/E/G ratio of 2.39 and a beta of 1.24.
In other Kohl's news, Director Jonas Prising bought 4,725 shares of the stock in a transaction on Wednesday, November 15th. The shares were acquired at an average price of $42.35 per share, with a total value of $200,103.75. Following the acquisition, the director now directly owns 8,661 shares of the company’s stock, valued at approximately $366,793.35. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, Director Stephanie A. Streeter sold 4,173 shares of the business’s stock in a transaction on Friday, December 22nd. The shares were sold at an average price of $53.85, for a total transaction of $224,716.05. Following the sale, the director now directly owns 21,960 shares in the company, valued at approximately $1,182,546. The disclosure for this sale can be found here. Insiders own 1.20% of the company’s stock.
Hedge funds have recently modified their holdings of the business. VNBTrust National Association bought a new stake in Kohl's during the 4th quarter valued at $212,000. Raymond James Trust N.A. bought a new stake in Kohl's during the 3rd quarter valued at $200,000. Keybank National Association OH bought a new stake in Kohl's during the 3rd quarter valued at $207,000. Ingalls & Snyder LLC bought a new stake in Kohl's during the 3rd quarter valued at $219,000. Finally, Steward Partners Investment Advisory LLC bought a new stake in Kohl's during the 3rd quarter valued at $221,000.
Kohl’s Corporation (Kohl’s) is an operator of department stores. The Company operates approximately 1,154 Kohl’s department stores, a Website (www.Kohls.com), approximately 12 FILA outlets, and approximately three Off-Aisle clearance centers. The Company’s stores and Website sell moderately-priced private label and national brand apparel, footwear, accessories, beauty and home products.
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