Kohl’s (NYSE:KSS) Updates FY25 Earnings Guidance

Kohl’s (NYSE:KSS) updated its FY25 earnings guidance on Tuesday. The company provided earnings per share guidance of $1.20-1.50 for the period, compared to the consensus earnings per share estimate of $1.81. The company issued revenue guidance of down 7-8% yr/yr to ~$15.26-15.42 billion, compared to the consensus revenue estimate of $15.68 billion. Kohl’s also updated its FY 2024 guidance to 1.200-1.500 EPS.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the stock. Evercore ISI dropped their price target on shares of Kohl’s from $22.00 to $20.00 and set an “in-line” rating on the stock in a report on Thursday, August 29th. Citigroup dropped their target price on shares of Kohl’s from $18.00 to $14.00 and set a “neutral” rating on the stock in a report on Wednesday. Robert W. Baird lowered shares of Kohl’s from an “outperform” rating to a “neutral” rating and decreased their target price for the company from $25.00 to $18.00 in a research note on Wednesday. Guggenheim dropped their price target on Kohl’s from $26.00 to $25.00 and set a “buy” rating on the stock in a research note on Wednesday. Finally, TD Cowen reduced their price objective on Kohl’s from $20.00 to $16.00 and set a “hold” rating for the company in a research report on Wednesday. Three analysts have rated the stock with a sell rating, seven have given a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat, Kohl’s presently has an average rating of “Hold” and a consensus target price of $17.22.

Kohl’s Stock Performance

NYSE:KSS opened at $14.75 on Friday. Kohl’s has a 52-week low of $14.22 and a 52-week high of $29.60. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.16 and a current ratio of 1.05. The firm has a market capitalization of $1.64 billion, a PE ratio of 6.64, a P/E/G ratio of 1.37 and a beta of 1.94. The stock has a 50-day simple moving average of $18.70 and a two-hundred day simple moving average of $20.68.

Kohl’s (NYSE:KSS) last issued its quarterly earnings results on Tuesday, November 26th. The company reported $0.20 earnings per share for the quarter, missing the consensus estimate of $0.28 by ($0.08). The firm had revenue of $3.71 billion for the quarter, compared to analysts’ expectations of $3.64 billion. Kohl’s had a net margin of 1.47% and a return on equity of 6.44%. Kohl’s’s revenue for the quarter was down 8.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.53 EPS. Analysts forecast that Kohl’s will post 1.35 EPS for the current year.

Kohl’s Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 24th. Shareholders of record on Wednesday, December 11th will be paid a $0.50 dividend. The ex-dividend date is Wednesday, December 11th. This represents a $2.00 dividend on an annualized basis and a yield of 13.56%. Kohl’s’s payout ratio is presently 90.09%.

Insider Buying and Selling at Kohl’s

In other news, EVP Feeney Siobhan Mc sold 16,367 shares of the business’s stock in a transaction on Thursday, October 3rd. The shares were sold at an average price of $19.27, for a total value of $315,392.09. Following the transaction, the executive vice president now owns 136,799 shares of the company’s stock, valued at approximately $2,636,116.73. The trade was a 10.69 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.86% 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.