Is Kohl’s Corporation (KSS) Price Targeted To Increase?

At the last check on Monday, Kohl’s Corporation’s (NYSE:KSS) stock was up $0.17, moving up 0.59 percent to $29.10. The average number of shares traded per day over the past five days has been 3,142,160 shares. 3 times new highs have been achieved over the past 5 days, with a $0.87 gain in that time frame. In the last twenty days, the average volume was 3,227,010, while in the previous 50 days, it was 5,088,516.

Since last month, KSS stock rose 21.96%. Shares of the company fell to $23.35 on 07/06/23, the lowest level in the past month. A 52-week high of $36.60 was reached on 02/03/23 after having rallying from a 52-week low of $17.89. Since the beginning of this year, KSS’s stock price has risen by 15.25% or $3.85, and marked a new high 15 times. However, the stock has declined by -20.49% since its 52-week high.

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Sponsored

KSS stock investors should be aware that Kohl’s Corporation (KSS) stock had its last reported insider trading activity 129 days ago on Mar 29. Kingsbury Thomas, the Chief Executive Officer of the company, purchased of 92,500 shares for $21.82 on Mar 29. It resulted in a $2,018,350 investment by the insider. SCHLIFSKE JOHN E. added 3,413 shares at an average price of $29.29 on Aug 24. The insider now owns 46,937 shares following the transaction. On Aug 23, Director PRISING JONAS bought 10,000 shares at $29.67 apiece. The transaction was valued at $296,694.

Valuation Metrics

The stock’s beta is 1.77. Besides these, the trailing price-to-sales (P/S) ratio of 0.17, the price-to-book (PB) ratio of 0.86.

The latest dividend of $0.50 per share was paid out, remained unchanged from last year’s $0.50. On Monday February 28 2022, a $0.25 dividend increase was announced.

Financial Health

In the three months ended April 29, Kohl’s Corporation’s quick ratio stood at 0.20, while its current ratio was 1.20, showing that the company is not able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending April 29 was 1.17, and the total debt-to-equity ratio was 1.43. On the profitability front, the trailing twelve-month gross margin is 36.70% percent. In the year ended April 29, EBITDA margin amounted to 6.41%, whereas operating margins totaled 1.50%. Based on annual data, KSS earned $6.64 billion in gross profit and brought in $18.1 billion in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 3.30%. Return on equity (ROE) for the past 12 months was -0.50%.

In Kohl’s Corporation’s quarter-end financial report for April 29, it reported total debt of $1.64 billion. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. KSS’s revenue fell -4.03% to $6.02 billion during the quarter, while net income inched up to $3.57 billion. While analysts expected Kohl’s Corporation to report -$0.42 quarterly earnings, the actual figure was $0.13 per share, beating the consensus estimate by 131.00%. During the quarter, the company generated $286.0 million in EBITDA. The liabilities of Kohl’s Corporation were 10.99 billion at the end of its most recent quarter ended April 29, and its total debt was $8.06 billion. The value of shareholders’ equity is $110.59 million.

Technical Picture

This quick technical analysis looks at Kohl’s Corporation’s (KSS) price momentum. With a historical volatility rate of 32.97%, the RSI 9-day stood at 77.32% on 04 August.

With respect to its five-day moving average, the current Kohl’s Corporation price is up by +3.08% percent or $0.87. At present, KSS shares trade +20.20% above its 20-day simple moving average and +27.52% percent above its 100-day simple moving average. However, the stock is currently trading approximately +51.01% above its SMA50 and +3.74% above its SMA200.

Stochastic coefficient K was 90.55% and Stochastic coefficient D was 91.40%, while ATR was 1.01. Given the Stochastic reading of 88.32% for the 14-day period, the RSI (14) reading has been calculated as 74.14%. As of today, the MACD Oscillator reading stands at 0.63, while the 14-day reading stands at 1.54.

Analyst Ratings

TD Cowen upgraded its rating on Kohl’s Corporation (NYSE: KSS) to an Outperform in a note to investors on June 15, 2023. The analysts firm previously had a Market perform rating on the stock.Kohl’s Corporation (KSS) has been rated Hold by analysts. According to 3 brokerage firms, KSS is a sell, and 7 firms recommend it is a Hold. There are 1 analyst who say the stock is underweight. A total of 1 analyst rate Kohl’s Corporation stock as buy, with 4 recommending it as overweight.

With a median target price of $23.00, the current consensus forecast for the stock is $16.00 – $38.00. Based on these forecasts, analysts predict Kohl’s Corporation (KSS) will achieve an average price target of $24.23.

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