Kohl’s’ (KSS) “Hold” Rating Reiterated at Deutsche Bank

Deutsche Bank reiterated their hold rating on shares of Kohl’s (NYSE:KSS) in a research report sent to investors on Wednesday, The Fly reports. The firm currently has a $52.00 price target on the stock, down from their prior price target of $58.00.

A number of other research analysts have also issued reports on KSS. TheStreet lowered shares of Kohl’s from a b- rating to a c+ rating in a report on Tuesday, June 18th. Robert W. Baird reduced their target price on shares of Kohl’s from $80.00 to $70.00 and set an outperform rating on the stock in a report on Wednesday, May 22nd. UBS Group reduced their target price on shares of Kohl’s from $72.00 to $57.00 and set a neutral rating on the stock in a report on Friday, May 24th. Telsey Advisory Group restated an outperform rating and issued a $65.00 target price (down from $80.00) on shares of Kohl’s in a report on Wednesday, May 22nd. Finally, JPMorgan Chase & Co. lowered shares of Kohl’s from an overweight rating to a neutral rating in a report on Tuesday, May 21st. Four analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have given a buy rating to the company. The stock has an average rating of Hold and an average price target of $61.47.

NYSE:KSS opened at $45.18 on Wednesday. The firm has a market cap of $7.32 billion, a price-to-earnings ratio of 8.07, a price-to-earnings-growth ratio of 0.85 and a beta of 1.00. The company has a current ratio of 1.65, a quick ratio of 0.34 and a debt-to-equity ratio of 1.06. The company’s 50-day moving average is $49.05 and its two-hundred day moving average is $59.11. Kohl’s has a 12-month low of $43.33 and a 12-month high of $83.28.

Kohl’s (NYSE:KSS) last released its earnings results on Tuesday, August 20th. The company reported $1.55 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.51 by $0.04. The company had revenue of $4.43 billion for the quarter, compared to analyst estimates of $4.25 billion. Kohl’s had a net margin of 3.69% and a return on equity of 15.94%. The firm’s quarterly revenue was down 3.1% on a year-over-year basis. During the same period in the prior year, the firm earned $1.76 EPS. On average, equities research analysts forecast that Kohl’s will post 5.24 earnings per share for the current fiscal year.

Hedge funds have recently made changes to their positions in the company. Wakefield Asset Management LLLP increased its position in Kohl’s by 3.3% during the 1st quarter. Wakefield Asset Management LLLP now owns 4,779 shares of the company’s stock worth $329,000 after purchasing an additional 153 shares in the last quarter. Eagle Asset Management Inc. increased its position in Kohl’s by 2.9% during the 1st quarter. Eagle Asset Management Inc. now owns 7,928 shares of the company’s stock worth $545,000 after purchasing an additional 226 shares in the last quarter. LS Investment Advisors LLC grew its position in Kohl’s by 2.3% in the first quarter. LS Investment Advisors LLC now owns 10,252 shares of the company’s stock valued at $705,000 after acquiring an additional 227 shares in the last quarter. First Midwest Bank Trust Division grew its position in Kohl’s by 3.1% in the second quarter. First Midwest Bank Trust Division now owns 8,434 shares of the company’s stock valued at $402,000 after acquiring an additional 256 shares in the last quarter. Finally, Princeton Capital Management LLC grew its position in Kohl’s by 94.3% in the first quarter. Princeton Capital Management LLC now owns 544 shares of the company’s stock valued at $37,000 after acquiring an additional 264 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.

Read More: Coverage Ratio

The Fly

Analyst Recommendations for Kohl`s (NYSE:KSS)

Receive News & Ratings for Kohl's Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kohl's and related companies with MarketBeat.com's FREE daily email newsletter.