Kohl’s (NYSE:KSS) updated its FY 2019 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of $5.15-5.45 for the period, compared to the Thomson Reuters consensus estimate of $5.23. Kohl’s also updated its FY20 guidance to $5.15-5.45 EPS.
Several brokerages have issued reports on KSS. JPMorgan Chase & Co. downgraded shares of Kohl’s from an overweight rating to a neutral rating in a research report on Tuesday, May 21st. Atlantic Securities downgraded shares of Kohl’s from a neutral rating to an underweight rating and set a $42.00 price objective for the company. in a research report on Tuesday, June 4th. Robert W. Baird cut their price objective on shares of Kohl’s from $80.00 to $70.00 and set an outperform rating for the company in a research report on Wednesday, May 22nd. Deutsche Bank restated a hold rating and set a $52.00 price objective (down from $58.00) on shares of Kohl’s in a research report on Wednesday. Finally, Citigroup cut their price objective on shares of Kohl’s from $71.00 to $60.00 and set a neutral rating for the company in a research report on Wednesday, May 22nd. Four analysts have rated the stock with a sell rating, nine have issued a hold rating and eight have given a buy rating to the company. The stock currently has a consensus rating of Hold and a consensus target price of $68.72.
Shares of KSS opened at $44.88 on Wednesday. Kohl’s has a 12 month low of $43.33 and a 12 month high of $83.28. The firm’s 50 day moving average is $49.08 and its 200-day moving average is $59.41. The stock has a market capitalization of $7.37 billion, a PE ratio of 8.01, a P/E/G ratio of 0.87 and a beta of 1.00. The company has a current ratio of 1.66, a quick ratio of 0.34 and a debt-to-equity ratio of 1.06.
Kohl’s (NYSE:KSS) last announced its earnings results on Tuesday, August 20th. The company reported $1.55 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.51 by $0.04. Kohl’s had a net margin of 3.91% and a return on equity of 16.74%. The company had revenue of $4.43 billion for the quarter, compared to analysts’ expectations of $4.25 billion. During the same period last year, the firm earned $1.76 earnings per share. The business’s revenue for the quarter was down 3.1% on a year-over-year basis. Equities research analysts predict that Kohl’s will post 5.23 earnings per share for the current fiscal year.
Kohl’s Company Profile
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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