Kohl’s (NYSE:KSS) Downgraded by Gordon Haskett to “Hold”

Kohl’s (NYSE:KSS) was downgraded by investment analysts at Gordon Haskett from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Friday. They currently have a $14.00 price target on the stock. Gordon Haskett’s target price would suggest a potential upside of 17.18% from the stock’s previous close.

Other research analysts have also issued reports about the stock. BTIG Research reissued a “neutral” rating on shares of Kohl’s in a report on Tuesday, March 10th. Wall Street Zen cut shares of Kohl’s from a “buy” rating to a “hold” rating in a research report on Saturday, February 14th. Bank of America decreased their price target on Kohl’s from $18.00 to $15.00 and set an “underperform” rating for the company in a research note on Thursday, March 12th. The Goldman Sachs Group lowered their price objective on Kohl’s from $15.00 to $13.00 and set a “sell” rating for the company in a report on Wednesday, March 11th. Finally, Citigroup reduced their target price on Kohl’s from $23.00 to $20.00 and set a “neutral” rating on the stock in a report on Thursday, February 19th. Ten analysts have rated the stock with a Hold rating and six have given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and a consensus price target of $14.77.

Kohl’s Trading Down 1.1%

Shares of KSS opened at $11.95 on Friday. Kohl’s has a one year low of $7.47 and a one year high of $25.22. The stock has a 50-day moving average price of $13.69 and a 200 day moving average price of $17.34. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.37 and a current ratio of 1.46. The company has a market capitalization of $1.34 billion, a P/E ratio of 5.06 and a beta of 1.46.

Kohl’s (NYSE:KSS) last announced its earnings results on Tuesday, March 10th. The company reported $1.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.86 by $0.21. Kohl’s had a return on equity of 4.72% and a net margin of 1.75%.The company had revenue of $5.17 billion for the quarter, compared to analyst estimates of $5.08 billion. During the same period in the prior year, the company posted $0.95 EPS. Kohl’s’s quarterly revenue was down 3.9% on a year-over-year basis. Kohl’s has set its FY 2026 guidance at 1.000-1.600 EPS. Sell-side analysts forecast that Kohl’s will post 1.31 EPS for the current fiscal year.

Hedge Funds Weigh In On Kohl’s

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. IFP Advisors Inc grew its holdings in shares of Kohl’s by 3,777.6% during the third quarter. IFP Advisors Inc now owns 1,900 shares of the company’s stock valued at $31,000 after purchasing an additional 1,851 shares during the last quarter. Farther Finance Advisors LLC boosted its position in Kohl’s by 233.9% during the 4th quarter. Farther Finance Advisors LLC now owns 1,666 shares of the company’s stock valued at $34,000 after purchasing an additional 1,167 shares during the period. iSAM Funds UK Ltd acquired a new position in Kohl’s during the 3rd quarter valued at approximately $39,000. Annis Gardner Whiting Capital Advisors LLC grew its stake in Kohl’s by 3,855.1% during the 3rd quarter. Annis Gardner Whiting Capital Advisors LLC now owns 2,729 shares of the company’s stock worth $42,000 after buying an additional 2,660 shares during the last quarter. Finally, Plato Investment Management Ltd acquired a new stake in Kohl’s in the fourth quarter worth $42,000. 98.04% of the stock is currently owned by institutional investors and hedge funds.

About Kohl’s

Kohl’s Corporation, founded in 1962 by Maxwell Kohl and headquartered in Menomonee Falls, Wisconsin, is a leading American department store retailer. The company operates approximately 1,100 stores across 49 states, offering a combination of value-oriented pricing, private-label brands and national labels. Since its initial public offering in 1992, Kohl’s has focused on broadening its product assortment and enhancing the in-store and online shopping experience.

The retailer’s merchandise portfolio spans apparel, footwear, accessories, and beauty products for women, men and children, as well as home goods, kitchenware and seasonal décor.