Kohl’s Corporation (NYSE:KSS), with -17.24% losses in previous 5 sessions, is under coverage of 24 analysts who collectively assign a hold rating on stock. 9 of the brokerages firms have a buy or better rating; the 0 sells versus 4 underperforms. The 21 stock analysts who cover the stock have an average PT at $46.57, with individual targets in the range of $32 to $65. The shares ended last trade at $41.43, implying that Wall Street analysts see shares climbing about 12.41 per cent in 12 months’ time.
Insider Trading News: Insiders at the company look pessimistic about the outlook as they seem to offload shares while they have -16.1 retreated so far this year. A CFO at Kohl’s Corporation (KSS) sold shares in a trading activity completed on Monday November 14, 2016. Mcdonald Wesley S offloaded 71,582 shares in the company at a per-share price of $55.45 and ended up generating $3,969,220 in proceeds. Mcdonald Wesley S retains 88,788 shares in the stock after this transaction. A CFO in the company, Mcdonald Wesley S, on Friday November 11, 2016 collected $1,434,780 from the sale of 27,376 shares at a per-share price of $55.45. Insiders are expected to have better knowledge about the health and prospects of their company, which is why insiders’ move deserves attention.
Kohl’s Corporation (NYSE:KSS) Earnings on Tap
Investors interested in trading KSS stock at the current market price of $41.43/share should know the company will next release quarterly results for the January 2017 quarter. For the reporting quarter, equity analysts expect the stock to deliver $1.36 in earnings per share (EPS). That would represent a -13.92 per cent year-over-year decrease. Revenue for the same quarter is predicted to arrive at $6.23B.
Historical Quarterly Earnings: Last quarter, Kohl’s Corporation generated nearly $4.33B in sales and net income of $0.8/share. That compares with the mean forecast $4.32B and $0.7/share, respectively. For the prior quarter revenue for the stock hit $4.18B, with EPS at $1.22.
Kohl’s Corporation (KSS) Analyst Rating News
Robert W. Baird is following shares of Kohl’s Corporation (KSS), so its rating change is noteworthy. The company stock was downgraded to Neutral from Outperform, wrote analysts at Robert W. Baird, in a research note issued to clients on Thursday January 05, 2017. There was another key research note provided by Telsey Advisory Group on Thursday January 05, 2017. The firm lowered its rating on KSS from Outperform to Market Perform.
Price Potential: Even though the stock has posted -1.38% fall in value, its new closing price reflects a -30.57% fall in value from company’s one year high of $59.67. The stock is currently holding below its 50-day SMA of $52.94 and below its 200-day SMA of $45.18. Over the last 3 months and over the last 6 months, the shares of Kohl’s Corporation (KSS), have changed -7.03% and 7.64%, respectively.
Kohl’s Corporation (NYSE:KSS) on January 4, 2017 reported that its comparable sales decreased 2.1 percent in the fiscal months of November and December 2016 combined, compared with the prior year period. Total sales for the combined fiscal November and December period decreased 2.7 percent.
From a line of business perspective, Men’s, Home and Footwear were the strongest categories while Accessories was the most challenging. On a regional basis, the Southeast, Mid-Atlantic and Northeast were the best performing regions.
On February 23, 2017, the Company will release its fourth quarter and fiscal 2016 results at 7:00 am ET and host its quarterly earnings conference call at 8:30 am ET.