Robert W. Baird Analysts Give Kohl's (KSS) a $57.00 Price Target

Robert W. Baird set a $57.00 price target on Kohl's (NYSE:KSS) in a research note issued to investors on Monday morning. The firm currently has a buy rating on the stock.

Several other brokerages have also issued reports on KSS. Royal Bank of Canada reissued a sell rating on shares of Kohl's in a report on Sunday, November 12th. Citigroup boosted their price target on shares of Kohl's from $44.00 to $51.00 and gave the company a buy rating in a report on Thursday, September 21st. Jefferies Group reissued a buy rating and issued a $50.00 price target on shares of Kohl's in a report on Wednesday, September 27th. ValuEngine raised shares of Kohl's from a hold rating to a buy rating in a report on Friday, December 1st. Finally, Gordon Haskett raised shares of Kohl's from a hold rating to an accumulate rating in a report on Thursday, November 9th. Six investment analysts have rated the stock with a sell rating, ten have given a hold rating and eight have assigned a buy rating to the company’s stock. The stock has a consensus rating of Hold and a consensus price target of $43.26.

Shares of Kohl's (NYSE:KSS) opened at $55.29 on Monday. The company has a market cap of $9,550.00, a price-to-earnings ratio of 14.67, a price-to-earnings-growth ratio of 2.14 and a beta of 1.24. Kohl's has a 1 year low of $35.16 and a 1 year high of $57.28. The company has a current ratio of 1.63, a quick ratio of 0.30 and a debt-to-equity ratio of 0.88.

Kohl's (NYSE:KSS) last issued its earnings results on Thursday, November 9th. The company reported $0.70 EPS for the quarter, missing the consensus estimate of $0.72 by ($0.02). The business had revenue of $4.33 billion for the quarter, compared to the consensus estimate of $4.30 billion. Kohl's had a net margin of 3.47% and a return on equity of 12.72%. The business’s revenue was up .1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.80 EPS. equities research analysts forecast that Kohl's will post 3.75 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 20th. Stockholders of record on Wednesday, December 6th were paid a dividend of $0.55 per share. The ex-dividend date of this dividend was Tuesday, December 5th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 3.98%. Kohl's’s dividend payout ratio is 58.36%.

In other Kohl's news, Director Jonas Prising acquired 4,725 shares of Kohl's stock in a transaction dated Wednesday, November 15th. The stock was bought at an average cost of $42.35 per share, for a total transaction of $200,103.75. Following the purchase, the director now directly owns 8,661 shares in the company, valued at approximately $366,793.35. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Stephanie A. Streeter sold 4,173 shares of the company’s stock in a transaction dated Friday, December 22nd. The shares were sold at an average price of $53.85, for a total transaction of $224,716.05. Following the completion of the sale, the director now directly owns 21,960 shares in the company, valued at $1,182,546. The disclosure for this sale can be found here. Corporate insiders own 1.20% of the company’s stock.

Several hedge funds have recently modified their holdings of KSS. Balyasny Asset Management LLC raised its holdings in Kohl's by 28,709.6% in the 2nd quarter. Balyasny Asset Management LLC now owns 1,667,786 shares of the company’s stock valued at $64,493,000 after acquiring an additional 1,661,997 shares during the period. Northern Trust Corp raised its holdings in Kohl's by 34.9% in the 2nd quarter. Northern Trust Corp now owns 5,400,841 shares of the company’s stock valued at $208,851,000 after acquiring an additional 1,396,006 shares during the period. Alyeska Investment Group L.P. bought a new position in Kohl's in the 3rd quarter valued at about $46,574,000. Royal Bank of Canada raised its holdings in Kohl's by 220.4% in the 2nd quarter. Royal Bank of Canada now owns 460,527 shares of the company’s stock valued at $17,810,000 after acquiring an additional 843,101 shares during the period. Finally, Parametric Portfolio Associates LLC increased its holdings in shares of Kohl's by 115.2% during the second quarter. Parametric Portfolio Associates LLC now owns 1,220,851 shares of the company’s stock worth $47,210,000 after purchasing an additional 653,659 shares during the period.

TRADEMARK VIOLATION NOTICE: “Robert W. Baird Analysts Give Kohl's (KSS) a $57.00 Price Target” was originally reported by Community Financial News and is the sole property of of Community Financial News. If you are reading this article on another site, it was illegally copied and republished in violation of US and international copyright and trademark law. The correct version of this article can be viewed at https://www.com-unik.info/2017/12/28/robert-w-baird-analysts-give-kohls-kss-a-57-00-price-target.html.

About Kohl's

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.

Analyst Recommendations for Kohl's (NYSE:KSS)

What are top analysts saying about Kohl's? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Kohl's and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit