Robert W. Baird Lowers Kohl’s (NYSE:KSS) Price Target to $25.00

Kohl’s (NYSE:KSS) had its price objective decreased by investment analysts at Robert W. Baird from $27.00 to $25.00 in a note issued to investors on Thursday, Benzinga reports. The brokerage presently has an “outperform” rating on the stock. Robert W. Baird’s target price would indicate a potential upside of 28.87% from the stock’s previous close.

KSS has been the topic of several other reports. Evercore ISI reduced their price objective on Kohl’s from $24.00 to $22.00 and set an “in-line” rating on the stock in a research note on Friday, May 31st. JPMorgan Chase & Co. downgraded shares of Kohl’s from a “neutral” rating to an “underweight” rating and set a $19.00 price objective for the company. in a research note on Thursday. Morgan Stanley downgraded shares of Kohl’s to an “underweight” rating and cut their target price for the company from $18.00 to $17.00 in a research note on Tuesday. StockNews.com cut shares of Kohl’s from a “buy” rating to a “hold” rating in a research report on Friday, May 31st. Finally, TD Cowen cut their price objective on Kohl’s from $31.00 to $25.00 and set a “buy” rating on the stock in a research report on Friday, May 31st. Three research analysts have rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $20.67.

Kohl’s Trading Down 1.9 %

NYSE KSS opened at $19.40 on Thursday. The company has a market cap of $2.16 billion, a P/E ratio of 7.82, a P/E/G ratio of 1.90 and a beta of 1.95. Kohl’s has a 12 month low of $17.68 and a 12 month high of $29.60. The company has a debt-to-equity ratio of 1.12, a current ratio of 1.21 and a quick ratio of 0.19. The company has a 50-day moving average of $20.99 and a 200-day moving average of $23.77.

Kohl’s (NYSE:KSS) last released its earnings results on Wednesday, August 28th. The company reported $0.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.46 by $0.13. The firm had revenue of $3.53 billion during the quarter, compared to the consensus estimate of $3.69 billion. Kohl’s had a net margin of 1.60% and a return on equity of 7.27%. Kohl’s’s revenue was down 4.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.52 earnings per share. As a group, equities analysts predict that Kohl’s will post 1.38 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of KSS. Hsbc Holdings PLC raised its position in shares of Kohl’s by 254.9% in the 4th quarter. Hsbc Holdings PLC now owns 794,677 shares of the company’s stock valued at $22,822,000 after purchasing an additional 570,745 shares in the last quarter. Hexagon Capital Partners LLC increased its stake in shares of Kohl’s by 49.9% in the second quarter. Hexagon Capital Partners LLC now owns 3,848 shares of the company’s stock worth $88,000 after buying an additional 1,281 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp raised its holdings in Kohl’s by 22.8% in the first quarter. Mitsubishi UFJ Trust & Banking Corp now owns 265,310 shares of the company’s stock valued at $7,787,000 after acquiring an additional 49,209 shares in the last quarter. Norges Bank bought a new position in Kohl’s during the 4th quarter valued at $34,583,000. Finally, Allianz Asset Management GmbH grew its holdings in Kohl’s by 6.4% during the 4th quarter. Allianz Asset Management GmbH now owns 3,340,746 shares of the company’s stock worth $95,813,000 after acquiring an additional 199,618 shares in the last quarter. Hedge funds and other institutional investors own 98.04% of the company’s stock.

Kohl’s Company Profile

Kohl's Corporation operates as an 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 Tek Gear, as well as Food Network, LC Lauren Conrad, Nine West, and Simply Vera Vera Wang.