Kohl’s Corporation (NYSE:KSS) saw a downside of -0.69% to close Tuesday at $28.67 after subtracting -$0.2 on the day. The 5-day average trading volume is 3,006,460 shares of the company’s common stock. It has gained $29.65 in the past week and touched a new high 3 times within the past 5 days. An average of 3,129,580 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 4,382,114.
KSS’s 1-month performance is 19.16% or $4.46 on its low of $23.55 reached on 07/10/23. The company’s shares have touched a 52-week low of $17.89 and high of $36.60, with the stock’s rally to the 52-week high happening on 02/03/23. YTD, KSS has achieved 13.54% or $3.42 and has reached a new high 15 times. However, the current price is down -21.67% from the 52-week high price.
Valuation Metrics
KSS stock has a beta of 1.77. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 0.18 while the price-to-book (PB) in the most recent quarter is 0.85.
Kohl’s Corporation’s quick ratio for the period ended April 29 was 0.20, with the current ratio over the same period at 1.20. As well, the company’s long term debt to equity for the quarter ending April 29 was 1.17, while the total debt to equity was 1.43.. In terms of profitability, the gross margin trailing 12 months is 36.70%. The trailing 12-month EBITDA margin is 6.41% while for the period ending April 29, Kohl’s Corporation’s operating margin was 1.50%. The firm’s gross profit as reported stood at $6.64 billion against revenue of $18.1 billion.
Earnings Surprise
For the quarterly period ending April 29 this year, Net income and sales went down compared to those figures reported in the previous quarter. Net income shrunk 0.0% to $14.0 million, while revenue of -$273.0 million was 2050.0% off the previous quarter. Analysts expected KSS to announce -$0.42 per share in earnings in its latest quarter, but it posted $0.13, representing a 131.00% surprise. EBITDA for the quarter stood at more than $286.0 million. KSS stock balance sheet for the quarter ending April 29 shows that total liabilities totaled 10.99 billion, with total debt at $8.06 billion. Shareholders hold equity totaling $110.59 million.
Let’s look briefly at Kohl’s Corporation (KSS) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 08 August was 68.74% to suggest the stock is trending Neutral, with historical volatility in this time period at 20.60%.
The stock’s 5-day moving average is $28.79, reflecting a -0.24% or -$0.07 change from its current price. KSS is currently trading +13.63% above its 20-day SMA, +23.63% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +45.75% and SMA200 by+0.63%.
Stochastic %K and %D was 83.65% and 87.75% and the average true range (ATR) pointed at 1.03. The RSI (14) points at 69.12%, while the 14-day stochastic is at 79.19% with the period’s ATR at 1.01. The stock’s 9-day MACD Oscillator is pointing at 0.33 and 1.14 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for Kohl’s Corporation (NYSE: KSS), TD Cowen upgraded it to an Outperform rating. They previously had a Market perform rating on the stock.
