Kohl’s (KSS) Issues FY19 Earnings Guidance

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Kohl’s (NYSE:KSS) issued an update on its FY19 earnings guidance on Thursday morning. The company provided EPS guidance of $5.50-5.55 for the period, compared to the Thomson Reuters consensus EPS estimate of $5.51.

Shares of KSS stock opened at $67.27 on Friday. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.58 and a quick ratio of 0.37. The company has a market cap of $11.54 billion, a PE ratio of 16.05, a price-to-earnings-growth ratio of 1.90 and a beta of 0.94. Kohl’s has a 1-year low of $57.89 and a 1-year high of $83.28.

Kohl’s (NYSE:KSS) last announced its earnings results on Tuesday, November 20th. The company reported $0.98 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.96 by $0.02. The business had revenue of $4.37 billion during the quarter, compared to the consensus estimate of $4.36 billion. Kohl’s had a return on equity of 16.06% and a net margin of 4.94%. The business’s quarterly revenue was up 1.3% on a year-over-year basis. During the same period in the prior year, the company posted $0.70 EPS. On average, sell-side analysts forecast that Kohl’s will post 5.53 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 26th. Stockholders of record on Wednesday, December 12th were paid a dividend of $0.61 per share. This represents a $2.44 annualized dividend and a dividend yield of 3.63%. The ex-dividend date was Tuesday, December 11th. Kohl’s’s payout ratio is 58.23%.

Several analysts recently commented on the company. ValuEngine cut Kohl’s from a buy rating to a hold rating in a research report on Tuesday, October 2nd. OTR Global upgraded Kohl’s to a positive rating in a research report on Friday, November 2nd. Bank of America reiterated a buy rating and set a $90.00 price target on shares of Kohl’s in a research report on Wednesday, October 10th. Credit Suisse Group dropped their price target on Kohl’s from $78.00 to $67.00 and set a neutral rating for the company in a research report on Wednesday, November 21st. Finally, Citigroup dropped their price target on Kohl’s from $79.00 to $71.00 and set a neutral rating for the company in a research report on Wednesday, November 21st. Two equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and nine have assigned a buy rating to the company. Kohl’s has a consensus rating of Hold and a consensus target price of $76.75.

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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.

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

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