Kohl’s (NYSE:KSS) Reaches New 52-Week Low – Should You Sell?

Kohl’s Co. (NYSE:KSS) hit a new 52-week low on Monday . The stock traded as low as $13.77 and last traded at $13.78, with a volume of 1697167 shares changing hands. The stock had previously closed at $14.36.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on KSS. Robert W. Baird downgraded Kohl’s from an “outperform” rating to a “neutral” rating and decreased their target price for the stock from $25.00 to $18.00 in a research report on Wednesday, November 27th. Citigroup decreased their price objective on Kohl’s from $18.00 to $14.00 and set a “neutral” rating for the company in a report on Wednesday, November 27th. Morgan Stanley dropped their price objective on shares of Kohl’s from $17.00 to $15.00 and set an “underweight” rating on the stock in a report on Monday, November 25th. Gordon Haskett downgraded shares of Kohl’s from a “hold” rating to a “reduce” rating and set a $11.00 target price for the company. in a research note on Tuesday, November 26th. Finally, Guggenheim cut shares of Kohl’s from a “buy” rating to a “neutral” rating in a research note on Monday, December 2nd. Three research analysts have rated the stock with a sell rating and eight have given a hold rating to the company’s stock. Based on data from MarketBeat, Kohl’s presently has an average rating of “Hold” and a consensus price target of $17.22.

Kohl’s Trading Up 1.3 %

The company has a debt-to-equity ratio of 0.97, a current ratio of 1.05 and a quick ratio of 0.12. The company has a market cap of $1.56 billion, a PE ratio of 6.32, a PEG ratio of 1.38 and a beta of 1.88. The firm’s 50 day moving average is $16.32 and its 200 day moving average is $19.04.

Kohl’s (NYSE:KSS) last released its quarterly earnings results on Tuesday, November 26th. The company reported $0.20 earnings per share for the quarter, missing the consensus estimate of $0.28 by ($0.08). The firm had revenue of $3.71 billion during the quarter, compared to the consensus estimate of $3.64 billion. Kohl’s had a return on equity of 6.44% and a net margin of 1.47%. The company’s revenue for the quarter was down 8.5% compared to the same quarter last year. During the same period in the previous year, the company posted $0.53 EPS. On average, equities analysts anticipate that Kohl’s Co. will post 1.3 earnings per share for the current year.

Kohl’s Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 24th. Investors of record on Wednesday, December 11th were given a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 14.25%. The ex-dividend date of this dividend was Wednesday, December 11th. Kohl’s’s dividend payout ratio (DPR) is 90.09%.

Insider Buying and Selling at Kohl’s

In other Kohl’s news, EVP Feeney Siobhan Mc sold 16,367 shares of the firm’s stock in a transaction dated Thursday, October 3rd. The stock was sold at an average price of $19.27, for a total transaction of $315,392.09. Following the sale, the executive vice president now owns 136,799 shares in the company, valued at $2,636,116.73. This trade represents a 10.69 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.86% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Kohl’s

A number of hedge funds and other institutional investors have recently modified their holdings of KSS. Signaturefd LLC lifted its position in Kohl’s by 14.1% in the 3rd quarter. Signaturefd LLC now owns 3,965 shares of the company’s stock worth $84,000 after buying an additional 491 shares during the last quarter. Arizona State Retirement System boosted its stake in shares of Kohl’s by 2.0% in the 2nd quarter. Arizona State Retirement System now owns 31,049 shares of the company’s stock valued at $714,000 after purchasing an additional 623 shares in the last quarter. Insight Folios Inc grew its holdings in shares of Kohl’s by 3.4% during the 3rd quarter. Insight Folios Inc now owns 21,444 shares of the company’s stock valued at $452,000 after purchasing an additional 701 shares during the last quarter. Brown Brothers Harriman & Co. raised its position in Kohl’s by 183.8% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 1,416 shares of the company’s stock worth $30,000 after purchasing an additional 917 shares during the period. Finally, Farther Finance Advisors LLC lifted its stake in Kohl’s by 117.5% in the third quarter. Farther Finance Advisors LLC now owns 1,914 shares of the company’s stock worth $40,000 after purchasing an additional 1,034 shares during the last quarter. 98.04% of the stock is currently owned by hedge funds and other institutional investors.

Kohl’s Company Profile

Kohl’s Corporation operates as an omnichannel retailer in the United States. It offers branded apparel, footwear, accessories, beauty, and home products through its stores and website. The company provides its products primarily under the brand names of Croft & Barrow, Jumping Beans, SO, Sonoma Goods for Life, and Tek Gear, as well as Food Network, LC Lauren Conrad, Nine West, and Simply Vera Vera Wang.