Zacks: Analysts Anticipate Kohl’s (KSS) to Announce $0.49 EPS

Wall Street brokerages expect Kohl’s (NYSE:KSS) to post earnings per share (EPS) of $0.49 for the current quarter, according to Zacks Investment Research. Four analysts have issued estimates for Kohl’s’ earnings. The lowest EPS estimate is $0.39 and the highest is $0.63. Kohl’s posted earnings of $0.39 per share in the same quarter last year, which would suggest a positive year over year growth rate of 25.6%. The company is expected to report its next earnings report before the market opens on Tuesday, May 22nd.

On average, analysts expect that Kohl’s will report full-year earnings of $5.25 per share for the current year, with EPS estimates ranging from $4.82 to $6.30. For the next financial year, analysts forecast that the business will report earnings of $5.55 per share, with EPS estimates ranging from $4.15 to $7.55. Zacks’ earnings per share averages are a mean average based on a survey of analysts that cover Kohl’s.

Get Kohl’s alerts:

Kohl’s (NYSE:KSS) last released its quarterly earnings data on Thursday, March 1st. The company reported $1.87 earnings per share for the quarter, topping the consensus estimate of $1.77 by $0.10. Kohl’s had a return on equity of 13.73% and a net margin of 4.50%. The business had revenue of $6.78 billion during the quarter, compared to analysts’ expectations of $6.74 billion. During the same quarter last year, the business posted $1.44 EPS. The business’s revenue was up 9.2% on a year-over-year basis.

KSS has been the subject of a number of research analyst reports. Telsey Advisory Group restated an “outperform” rating and issued a $55.00 target price (up previously from $50.00) on shares of Kohl’s in a research note on Tuesday, January 9th. Robert W. Baird restated a “buy” rating and issued a $61.00 target price on shares of Kohl’s in a research note on Tuesday, January 9th. Zacks Investment Research upgraded Kohl’s from a “hold” rating to a “buy” rating and set a $64.00 target price for the company in a research note on Tuesday, January 9th. Guggenheim restated a “buy” rating and issued a $60.00 target price on shares of Kohl’s in a research note on Wednesday, January 10th. Finally, Citigroup raised their target price on Kohl’s from $65.00 to $69.00 and gave the company a “buy” rating in a research note on Wednesday, January 10th. Four equities research analysts have rated the stock with a sell rating, nine have given a hold rating and twelve have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $60.81.

NYSE KSS opened at $63.10 on Wednesday. Kohl’s has a fifty-two week low of $35.16 and a fifty-two week high of $69.48. The company has a debt-to-equity ratio of 0.81, a current ratio of 2.01 and a quick ratio of 0.67. The company has a market capitalization of $10,616.22, a price-to-earnings ratio of 15.05, a price-to-earnings-growth ratio of 1.80 and a beta of 1.27.

In other Kohl’s news, CEO Kevin Mansell sold 142,552 shares of Kohl’s stock in a transaction on Wednesday, March 21st. The stock was sold at an average price of $64.20, for a total transaction of $9,151,838.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Stephen E. Watson sold 18,340 shares of Kohl’s stock in a transaction on Thursday, April 5th. The shares were sold at an average price of $66.37, for a total value of $1,217,225.80. Following the transaction, the director now owns 12,213 shares of the company’s stock, valued at approximately $810,576.81. The disclosure for this sale can be found here. Insiders have sold 310,006 shares of company stock valued at $20,025,940 in the last quarter. 1.20% of the stock is owned by company insiders.

A number of large investors have recently made changes to their positions in KSS. NuWave Investment Management LLC increased its holdings in shares of Kohl’s by 6,537.0% in the 1st quarter. NuWave Investment Management LLC now owns 1,792 shares of the company’s stock worth $117,000 after purchasing an additional 1,765 shares in the last quarter. Cerebellum GP LLC bought a new stake in shares of Kohl’s in the 4th quarter worth $121,000. Focused Wealth Management Inc bought a new stake in shares of Kohl’s in the 4th quarter worth $201,000. CIBC World Markets Inc. bought a new stake in shares of Kohl’s in the 4th quarter worth $202,000. Finally, Calton & Associates Inc. bought a new stake in shares of Kohl’s in the 4th quarter worth $202,000.

Kohl’s Company Profile

Kohl's Corporation operates as an omni-channel retailer in the United States. Its stores and Website offer apparel, footwear, accessories, beauty, and home products. As of February 3, 2018, it operated 1,158 department stores; a Website Kohls.com; and 12 FILA outlets, and 4 Off-Aisle clearance centers.