Q1 2020 EPS Estimates for Kohl’s Boosted by Analyst (KSS)

Kohl’s (NYSE:KSS) – Equities researchers at Piper Jaffray Companies increased their Q1 2020 earnings estimates for Kohl’s in a note issued to investors on Tuesday, May 22nd. Piper Jaffray Companies analyst E. Murphy now anticipates that the company will post earnings per share of $0.68 for the quarter, up from their prior estimate of $0.45. Piper Jaffray Companies has a “Hold” rating and a $60.00 price objective on the stock.

Kohl’s (NYSE:KSS) last released its quarterly earnings data on Tuesday, May 22nd. The company reported $0.64 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.50 by $0.14. Kohl’s had a net margin of 4.46% and a return on equity of 14.28%. The firm had revenue of $3.95 billion during the quarter, compared to analysts’ expectations of $3.96 billion. During the same period last year, the business earned $0.39 earnings per share. Kohl’s’s revenue was up 3.6% compared to the same quarter last year.

Several other equities research analysts have also recently issued reports on KSS. MKM Partners set a $67.00 price objective on shares of Kohl’s and gave the stock a “hold” rating in a research report on Tuesday, May 15th. Zacks Investment Research upgraded shares of Kohl’s from a “hold” rating to a “buy” rating and set a $71.00 price objective for the company in a research report on Monday, May 21st. Guggenheim reiterated a “buy” rating and set a $75.00 price target on shares of Kohl’s in a research report on Tuesday. ValuEngine cut shares of Kohl’s from a “strong-buy” rating to a “buy” rating in a research report on Monday, April 2nd. Finally, Credit Suisse Group reiterated a “neutral” rating and set a $72.00 price target on shares of Kohl’s in a research report on Friday, May 11th. Four analysts have rated the stock with a sell rating, ten have assigned a hold rating and eleven have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $61.19.

Kohl’s opened at $65.28 on Thursday, Marketbeat Ratings reports. Kohl’s has a 12-month low of $35.16 and a 12-month high of $69.48. The stock has a market cap of $10.46 billion, a P/E ratio of 15.58, a PEG ratio of 1.75 and a beta of 1.27. The company has a quick ratio of 0.67, a current ratio of 1.76 and a debt-to-equity ratio of 0.72.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 27th. Stockholders of record on Wednesday, June 13th will be paid a $0.61 dividend. This represents a $2.44 annualized dividend and a dividend yield of 3.74%. The ex-dividend date is Tuesday, June 12th. Kohl’s’s payout ratio is 58.23%.

In other news, insider Richard D. Schepp sold 20,480 shares of the firm’s stock in a transaction that occurred on Wednesday, March 21st. The shares were sold at an average price of $65.00, for a total value of $1,331,200.00. Following the completion of the transaction, the insider now owns 189,407 shares of the company’s stock, valued at $12,311,455. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Peter Boneparth sold 7,500 shares of the firm’s stock in a transaction that occurred on Tuesday, March 6th. The shares were sold at an average price of $66.18, for a total transaction of $496,350.00. The disclosure for this sale can be found here. In the last three months, insiders sold 310,006 shares of company stock valued at $20,025,940. Insiders own 1.20% of the company’s stock.

Several hedge funds and other institutional investors have recently bought and sold shares of KSS. Flippin Bruce & Porter Inc. lifted its stake in Kohl’s by 0.4% in the first quarter. Flippin Bruce & Porter Inc. now owns 231,855 shares of the company’s stock worth $15,189,000 after acquiring an additional 860 shares during the last quarter. Arizona State Retirement System lifted its stake in Kohl’s by 2.2% in the fourth quarter. Arizona State Retirement System now owns 42,712 shares of the company’s stock worth $2,316,000 after acquiring an additional 900 shares during the last quarter. Hourglass Capital LLC lifted its stake in Kohl’s by 22.2% in the first quarter. Hourglass Capital LLC now owns 5,500 shares of the company’s stock worth $360,000 after acquiring an additional 1,000 shares during the last quarter. Public Employees Retirement Association of Colorado lifted its stake in Kohl’s by 3.1% in the fourth quarter. Public Employees Retirement Association of Colorado now owns 33,121 shares of the company’s stock worth $1,796,000 after acquiring an additional 1,010 shares during the last quarter. Finally, Kwmg LLC lifted its stake in Kohl’s by 2.6% in the fourth quarter. Kwmg LLC now owns 40,657 shares of the company’s stock worth $2,205,000 after acquiring an additional 1,029 shares during the last quarter.

About Kohl’s

Kohl's Corporation operates as an omni-channel retailer in the United States. Its stores and Website offer apparel, footwear, accessories, beauty, and home products. As of February 3, 2018, it operated 1,158 department stores; a Website Kohls.com; and 12 FILA outlets, and 4 Off-Aisle clearance centers.

Earnings History and Estimates for Kohl`s (NYSE:KSS)

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