The stock of Kohl’s Corporation (NYSE:KSS) is a huge mover today! About 1.19M shares traded hands. Kohl’s Corporation (NYSE:KSS) has declined 7.83% since March 1, 2016 and is downtrending. It has underperformed by 17.07% the S&P500.
The move comes after 9 months positive chart setup for the $7.61B company. It was reported on Oct, 4 by Barchart.com. We have $60.15 PT which if reached, will make NYSE:KSS worth $2.97B more.
Analysts await Kohl’s Corporation (NYSE:KSS) to report earnings on November, 10. They expect $0.72 earnings per share, down 4.00% or $0.03 from last year’s $0.75 per share. KSS’s profit will be $126.63 million for 15.02 P/E if the $0.72 EPS becomes a reality. After $1.22 actual earnings per share reported by Kohl’s Corporation for the previous quarter, Wall Street now forecasts -40.98% negative EPS growth.
Kohl’s Corporation (NYSE:KSS) Ratings Coverage
Out of 15 analysts covering Kohl’s Corporation (NYSE:KSS), 6 rate it a “Buy”, 2 “Sell”, while 7 “Hold”. This means 40% are positive. Kohl’s Corporation has been the topic of 35 analyst reports since August 6, 2015 according to StockzIntelligence Inc. Citigroup initiated the stock with “Neutral” rating in Wednesday, October 7 report. The stock has “Hold” rating given by Deutsche Bank on Saturday, August 15. On Friday, August 12 the stock rating was maintained by RBC Capital Markets with “Underperform”. Telsey Advisory Group maintained the shares of KSS in a report on Friday, February 26 with “Outperform” rating. Miller Tabek initiated the stock with “Buy” rating in Thursday, March 31 report. The stock of Kohl’s Corporation (NYSE:KSS) has “Outperform” rating given on Friday, October 16 by Telsey Advisory Group. Credit Suisse maintained the shares of KSS in a report on Wednesday, October 28 with “Neutral” rating. The stock of Kohl’s Corporation (NYSE:KSS) has “Outperform” rating given on Friday, August 14 by Telsey Advisory Group. The stock has “Buy” rating given by Stifel Nicolaus on Friday, May 13. The firm has “Buy” rating given on Friday, August 12 by Jefferies.
According to Zacks Investment Research, “Kohl’s Corporation operates family oriented, specialty department stores primarily in the Midwest, Mid-Atlantic and Northeast areas of the United States that feature quality, national brand merchandise priced to provide exceptional value to customers. The company’s stores sell moderately priced apparel, shoes, accessories and home products targeted to middle-income customers shopping for their families and homes. Kohl’s stores feature easily accessible locations, well laid out stores, central checkout and good in-stock.”
Insitutional Activity: The institutional sentiment increased to 1.07 in 2016 Q2. Its up 0.17, from 0.9 in 2016Q1. The ratio is positive, as 74 funds sold all Kohl’s Corporation shares owned while 158 reduced positions. 64 funds bought stakes while 185 increased positions. They now own 167.65 million shares or 6.12% less from 178.57 million shares in 2016Q1.
Commerzbank Aktiengesellschaft Fi has 5,488 shares for 0% of their US portfolio. Meeder Asset Management has invested 0.03% of its portfolio in Kohl’s Corporation (NYSE:KSS). Geode Cap Limited Liability Corp holds 0.03% of its portfolio in Kohl’s Corporation (NYSE:KSS) for 1.51 million shares. State Of Wisconsin Investment Board reported 219,173 shares or 0.03% of all its holdings. State Board Of Administration Of Florida Retirement has 0.04% invested in the company for 305,905 shares. Dynamic Capital Limited has invested 0.14% of its portfolio in Kohl’s Corporation (NYSE:KSS). The California-based Gemmer Asset Mgmt Ltd Llc has invested 0% in Kohl’s Corporation (NYSE:KSS). Bnp Paribas Arbitrage has 165,660 shares for 0.03% of their US portfolio. Gotham Asset Management Limited Liability Company, a New York-based fund reported 377,176 shares. Athena Glob Lc accumulated 86,643 shares or 5.06% of the stock. State Street Corporation owns 9.34M shares or 0.04% of their US portfolio. Natixis last reported 0.01% of its portfolio in the stock. Van Eck Assocs has 0.01% invested in the company for 27,978 shares. Menta Cap Limited Liability last reported 0.15% of its portfolio in the stock. Palouse Cap Management holds 70,218 shares or 1.08% of its portfolio.
Insider Transactions: Since August 11, 2016, the stock had 1 buying transaction, and 0 sales for $26,980 net activity. Shares for $26,980 were bought by WATSON STEPHEN E.
More recent Kohl’s Corporation (NYSE:KSS) news were published by: Investorplace.com which released: “Trade of the Day: Kohl’s Corporation (KSS) Has Good Things in Store” on September 22, 2016. Also Investorplace.com published the news titled: “Why Kohl’s Corporation Was Named a Top Dividend Stock (KSS)” on September 27, 2016. Seekingalpha.com‘s news article titled: “Buy Kohl’s For The Dividend, Future Growth To Come” with publication date: September 28, 2016 was also an interesting one.
KSS Company Profile
Kohl’s Corporation (Kohl’s), incorporated on March 23, 1993, is an operator of department stores. The Firm also operates an e-commerce Website (www.Kohls.com). The Firm operates over 1,160 department stores in approximately 50 states. The Firm sells private label, exclusive and national brand apparel, footwear, accessories, beauty and home products. The Company’s Website includes merchandise, which is available in its stores, as well as merchandise, which is available only on-line.
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