The stock of Kohl’s Corporation (NYSE:KSS) increased by $1.9 on Monday to finish at $25.78, up 7.96 percent. The last five days have seen an average of 7,303,160 shares of common stock traded. 15 times new highs were reached in the current year, with a gain of $0.53. The average number of shares traded over the last 20 days was 4,424,965, while the average volume over the last 50 days totaled 3,850,048.
KSS stock dropped -8.68% since last month. On 08/25/23, the company’s shares reached a one-month low of $23.79. The stock touched a high of $35.77 on 02/03/23, after rallying from a low of $17.89 in 52 weeks. The price of KSS stock has risen by 2.10% or $0.53 this year, reaching a new high 15 times. Still, the stock price is down -27.93% from the 52-week high.
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Insider Transactions
KSS stock investors should be aware that Kohl’s Corporation (KSS) stock had its last reported insider trading activity 153 days ago on Mar 29. On Mar 29, Chief Executive Officer Kingsbury Thomas acquired 92,500 shares at $21.82 each. This transaction resulted in the insider spending $2,018,350.
Valuation Metrics
Beta for the stock is 1.80. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 0.17, the price-to-book (PB) ratio of 0.76.
Company paid $0.50 per share in dividends, remained unchanged from $0.50 last year.
Financial Health
For the three months ended July 30, Kohl’s Corporation’s quick ratio was 0.20, while its current ratio was 1.20, indicating its inability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending July 30 is 1.17, and the total debt to equity ratio is 1.43. As far as profitability goes, gross margin for the trailing twelve months is 36.50% percent. Kohl’s Corporation’s EBITDA margin for the year ended July 30 was 6.41%, whereas its operating margin stood at 1.40% for the same period. Based on annual data, it had gross profit of $6.64 billion and revenue of $18.1 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. KSS’s return on assets (ROA) during the last 12 months has been -0.10%. There was a 3.30% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was -0.50%.
Earnings Surprise
According to Kohl’s Corporation’s quarterly financial report for the quarter that ended July 30. A lower net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $3.57 billion, while revenues fell by -4.03% to $6.02 billion. It was predicted that Kohl’s Corporation’s quarterly earnings would be $0.52, but it ended up being $0.22, beating the consensus by 136.40%. EBITDA was $286.0 million for the quarter. At the end of Kohl’s Corporation’s most recent quarter ended July 30, its liabilities totaled 10.99 billion, while its total debt was $7.99 billion. Equity owned by shareholders amounts to $110.59 million.
Technical Picture
Here’s a quick look at Kohl’s Corporation’s (KSS) price momentum from a technical perspective. As of 28 August, the RSI 9-day stood at 44.20%, suggesting the stock is Neutral, with a 90.46% historical volatility rate.
The stochastic %K and %D were 17.65% and 17.66% respectively, while the average true range (ATR) was 1.52. Based on the 14-day stochastic reading of 40.41%, the RSI (14) reading is 46.07%. On the 9-day MACD Oscillator, the stock is at -1.49, and the 14-day reading is at -1.89.
Analyst Ratings
In a note to investors, Telsey Advisory Group maintained its a Market perform rating on Kohl’s Corporation (NYSE: KSS). However, the firm raised their price target to $29, indicating a possible decrease of -7.42% in the stock price. Analysts have assigned Kohl’s Corporation (KSS) an Hold rating. KSS is a stock that is recommended for selling by 3 brokerage firms, while 7 companies recommend holding. The stock is underweighted by 1 analyst. Among the analysts who rate the stock, 2 rates it overweight and 3 others recommend it as a buy.
What is KSS’s price target for the next 12 months?
The current consensus forecast for the stock is between $16.00 and $38.00, with a median target price of $27.00. In analyzing these forecasts, the average price target given by analysts for Kohl’s Corporation (KSS) is $27.00.
