Kohl’s Corporation (NYSE:KSS) finished Thursday with a subtraction of -$1.37 to close at $25.66, a downside of -5.07 percent. An average of 6,381,960 shares of common stock have been traded in the last five days. There was a fall of -$1.51 in the past week, and it reached a new high 9 times over the past 12 months. The last 20 days have seen an average of 4,044,690 shares traded, while the 50-day average volume stands at 3,799,214.
KSS stock has decreased by -8.09% in the last month. The company shares reached their 1-month lowest point of $25.22 on 08/23/23. With the stock rallying to its 52-week high on 02/03/23, shares of the company touched a low of $17.89 and a high of $35.77 in 52 weeks. It has reached a new high 15 times so far this year and achieved 1.62% or $0.41 in price. In spite of this, the price is down -28.26% from the 52-week high.
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Valuation Metrics
Kohl’s Corporation (KSS) stock’s beta is 1.77. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.15, the price-to-book (PB) ratio at 0.76.
Financial Health
The quick ratio of Kohl’s Corporation for the three months ended July 30 was 0.20, and the current ratio was 1.20, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 1.17 and a total debt to equity ratio of 1.43 for the quarter ending July 30. Kohl’s Corporation’s EBITDA margin for the year ending July 30 is 6.41%, while its operating margin for the same period stands at 1.50%. Its gross profit as reported stood at $6.64 billion compared to revenue of $18.1 billion.
Earnings Surprise
For the three-month period that ended July 30, Kohl’s Corporation had $1.64 billion in total debt. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of $14.0 million in the quarter, while revenues were shrunk 0.0%. The analyst consensus anticipated Kohl’s Corporation’s latest quarter earnings to come in at $0.22 per share, but it turned out to be $0.52, a 136.40% surprise. For the quarter, EBITDA amounted to $286.0 million. Shareholders own equity worth $110.59 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Kohl’s Corporation (KSS) price momentum. RSI 9-day as of the close on 24 August was 37.97%, suggesting the stock is Neutral, with historical volatility in this time frame at 70.97%.
As of today, KSS’s price is $27.05 -5.56% or -$1.51 from its 5-day moving average. KSS is currently trading -6.83% lower than its 20-day SMA and +9.01% higher than its 100-day SMA. However, the stock’s current price level is +10.22% above the SMA50 and -5.31% below the SMA200.
The stochastic %K and %D were 17.53% and 30.82%, respectively, and the average true range (ATR) was 1.34. With the 14-day stochastic at 10.73% and the average true range at 1.22, the RSI (14) stands at 42.90%. The stock has reached -1.07 on the 9-day MACD Oscillator while the 14-day reading was at -1.42.
Analyst Ratings
Telsey Advisory Group reiterated its a Market perform rating on Kohl’s Corporation (NYSE: KSS), but raised their price target to $24, indicating a potential price decrease of -6.92% for the stock. The consensus rating for Kohl’s Corporation (KSS) among analysts is Hold. According to current brokerage recommendations, 3 brokerage firms advise that investors sell KSS, while 7 suggest investors hold. There are 1 analyst who rate the stock as underweight. The stock is rated overweight by 1 analysts, while 4 others rate it as a “buy”.
