Taking on analysts’ expectations and winning: Kohl’s Corporation (KSS)

Kohl’s Corporation (NYSE: KSS) stock fell -5.07% on Thursday to $19.67 against a previous-day closing price of $20.72. With 9.33 million shares changed hands, the volume of the stock remained heavier than its average volume of 5.15 million shares. The 52-week range on KSS shows that it touched its highest point at $47.63 and its lowest point at $18.61 during that stretch. It currently has a 1-year price target of $25.42. With its current market cap of 2.37 billion, KSS has annualized dividend of $2.00 while the current yield stands at 10.17%. Beta for the stock currently stands at 1.70.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of KSS was down-trending over the past week, with a drop of -4.88%, but this was down by -8.64% over a month. Three-month performance dropped to -32.68% while six-month performance fell -38.97%. The stock lost -45.63% in the past year, while it has lost -22.10% so far this year. A look at the trailing 12-month EPS for KSS yields -0.49 with Next year EPS estimates of 2.93. For the next quarter, that number is 0.73. This implies an EPS growth rate of -102.50% for this year and 26.46% for next year.

Float and Shares Shorts:

At present, 110.74 million KSS shares are outstanding with a float of 108.52 million shares on hand for trading. On May 14, 2023, short shares totaled 21.19 million, which was 19.14% higher than short shares on Apr 13, 2023. In addition to Mr. Thomas A. Kingsbury as the firm’s CEO & Director, Ms. Jill Timm serves as its Sr. EVP & CFO.

Institutional Ownership:

Through their ownership of 100.51% of KSS’s outstanding shares, institutional investors have majority control over the company. Other institutions hold 6.01% of KSS, in contrast to 53.48% held by mutual funds. Shares owned by individuals account for 48.15%. As the largest shareholder in KSS with 10.86% of the stake, BlackRock Fund Advisors holds 12,025,188 shares worth 12,025,188. A second-largest stockholder of KSS, The Vanguard Group, Inc., holds 11,055,543 shares, controlling over 9.98% of the firm’s shares. T. Rowe Price Associates, Inc. is the third largest shareholder in KSS, holding 9,463,458 shares or 8.55% stake. With a 3.11% stake in KSS, the iShares Core S&P Mid Cap ETF is the largest stakeholder. A total of 3,447,682 shares are owned by the mutual fund manager. The Vanguard Total Stock Market ETF, which owns about 3.11% of KSS stock, is the second-largest Mutual Fund holder. It holds 3,445,211 shares valued at 75.9 million. T Rowe Price Equity Income Fund holds 2.87% of the stake in KSS, owning 3,180,000 shares worth 70.06 million.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on Jan 27, 2023, KSS reported revenue of $3.71B and operating income of $82.00M. The EBITDA in the recently reported quarter was $282.00M and diluted EPS was $0.11.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for KSS since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential. With KSS analysts setting a high price target of $38.00 and a low target of $16.00, the average target price over the next 12 months is $23.69. Based on these targets, KSS could surge 93.19% to reach the target high and fall by -18.66% to reach the target low. Reaching the average price target will result in a growth of 20.44% from current levels.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy.

Summary of Insider Activity:

Insiders traded KSS stock several times over the past three months with 36 Buys and 25 Sells. In these transactions, 656,364 shares were bought while 98,955 shares were sold. The number of buy transactions has increased to 95 while that of sell transactions has risen to 34 over the past year. The total number of shares bought during that period was 971,829 while 119,389 shares were sold.

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