The stock of Kohl’s Corporation (NYSE:KSS) is a huge mover today! About 2.40M shares traded hands. Kohl’s Corporation (NYSE:KSS) has declined 8.07% since March 11, 2016 and is downtrending. It has underperformed by 13.53% the S&P500.
The move comes after 9 months negative chart setup for the $7.75 billion company. It was reported on Oct, 14 by Barchart.com. We have $40.47 PT which if reached, will make NYSE:KSS worth $620.00M less.
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 $126.85M for 15.27 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. The stock of Kohl’s Corporation (NYSE:KSS) has “Hold” rating given on Saturday, August 15 by Deutsche Bank. The rating was maintained by M Partners on Tuesday, November 10 with “Buy”. Telsey Advisory Group maintained it with “Outperform” rating and $75 target price in Friday, August 14 report. The stock of Kohl’s Corporation (NYSE:KSS) has “Neutral” rating given on Friday, August 12 by Citigroup. The firm has “Buy” rating given on Friday, August 14 by M Partners. Citigroup initiated it with “Neutral” rating and $50 target price in Wednesday, October 7 report. The firm earned “Neutral” rating on Thursday, February 4 by M Partners. Credit Suisse maintained Kohl’s Corporation (NYSE:KSS) rating on Wednesday, October 28. Credit Suisse has “Neutral” rating and $42 price target. The firm has “Underweight” rating by Atlantic Securities given on Friday, February 5. RBC Capital Markets maintained Kohl’s Corporation (NYSE:KSS) on Friday, August 12 with “Underperform” rating.
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 Q2 2016. 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.
State Board Of Administration Of Florida Retirement Sys owns 305,905 shares or 0.04% of their US portfolio. Pinebridge Lp has 0% invested in the company for 1,401 shares. Tradewinds Cap Mgmt Limited last reported 0% of its portfolio in the stock. Suntrust Banks has 105,450 shares for 0.02% of their US portfolio. Guggenheim Cap Limited Liability Company has 921,309 shares for 0.11% of their US portfolio. Credit Suisse Ag owns 285,987 shares or 0.01% of their US portfolio. Tdam Usa reported 14,847 shares or 0.03% of all its holdings. Centurylink last reported 0.25% of its portfolio in the stock. Moreover, South State has 0.26% invested in Kohl’s Corporation (NYSE:KSS) for 45,230 shares. Palouse Mngmt accumulated 70,218 shares or 1.08% of the stock. Security Tru accumulated 0% or 225 shares. Dynamic Advsrs Solutions owns 50,820 shares or 0.78% of their US portfolio. Evercore Wealth Management Limited Liability has invested 0% of its portfolio in Kohl’s Corporation (NYSE:KSS). Moreover, Hills Retail Bank & Tru has 0.35% invested in Kohl’s Corporation (NYSE:KSS) for 25,162 shares. Janus Cap Mngmt Limited Company holds 0% or 100,783 shares in its portfolio.
Insider Transactions: Since August 11, 2016, the stock had 1 insider purchase, and 0 sales for $26,980 net activity. $26,980 worth of Kohl’s Corporation (NYSE:KSS) was bought by WATSON STEPHEN E.
More news for Kohl’s Corporation (NYSE:KSS) were recently published by: Investorplace.com, which released: “Why Kohl’s Corporation Was Named a Top Dividend Stock (KSS)” on September 27, 2016. Investorplace.com‘s article titled: “Trade of the Day: Kohl’s Corporation (KSS) Has Good Things in Store” and published on September 22, 2016 is yet another important article.
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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