Stocks of Kohl’s Corp. (NYSE:KSS) traded higher last session on Wall Street, up 3.37% to $24.24.
According to the data, Kohl’s Corp. (NYSE:KSS) has 16 analysts covering its stock. The consensus rating among analysts is ‘Hold’. As we calculate the median target price by taking the range between a high of $38.00 and a low of $15.00, we find $24.00. Given the previous closing price of $23.45, this indicates a potential upside of 2.35 percent. KSS stock price is now 11.87% away from the 50-day moving average and 3.18% away from the 200-day moving average. The market capitalization of the company currently stands at $2.68B.
A total of 8 analysts have issued a hold rating and 3 have given it a buy rating. Brokers who have rated the stock have averaged $24.21 as their price target over the next twelve months.
With the price target reduced from $29 to $25, Telsey Advisory Group maintained Market Perform rating for Kohl’s Corp. (NYSE: KSS).
In other news, Kingsbury Thomas, Chief Executive Officer bought 92,500 shares of the company’s stock on Mar 29. The stock was bought for $2,018,350 at an average price of $21.82. Upon completion of the transaction, the Chief Executive Officer now directly owns 228,993 shares in the company, valued at $5.55 million. Insiders disposed of 123,585 shares of company stock worth roughly $3.0 million over the past 1 year. A total of 4.75% of the company’s stock is owned by insiders.
Friday’s opening bell rang with an opening price of $23.51 for Kohl’s Corp. (NYSE: KSS). During the past 12 months, Kohl’s Corp. has had a low of $17.68 and a high of $35.77. As of last week, the company has a debt-to-equity ratio of 2.15, a current ratio of 1.14, and a quick ratio of 0.12. The fifty day moving average price for KSS is $21.74 and a two-hundred day moving average price translates $23.45 for the stock.
The latest earnings results from Kohl’s Corp. (NYSE: KSS) was released for Oct, 2023. According to the Department Stores Company, earnings per share came in at $0.53, beating analysts’ expectations of $0.35 by 0.18. This compares to $0.82 EPS in the same period last year. The net profit margin was -0.81% and return on equity was -3.62% for KSS. The company reported revenue of $4.05 billion for the quarter, compared to $4.28 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -5.21 percent. For the current quarter, analysts expect KSS to generate $5.68B in revenue.
Kohl’s Corp.(KSS) Company Profile
Kohl’s Corporation operates as a 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 Sonoma Goods for Life, as well as Food Network, LC Lauren Conrad, Nine West, and Simply Vera Vera Wang. Kohl’s Corporation was founded in 1988 and is headquartered in Menomonee Falls, Wisconsin.
