Kohl’s Corporation (NYSE:KSS) has a beta value of 1.76 and has seen 2,094,515 shares traded in the recent trading session. The company, currently valued at $3.26 Billion, closed the recent trade at $20.69 per share which meant it lost $0 on the day or 0% during that session. The KSS stock price is -186.52% off its 52-week high price of $59.28 and 47.37% above the 52-week low of $10.89. If we look at the company’s 10-day average daily trading volume, we find that it stood at 9.22 Million shares traded. The 3-month trading volume is 11.74 Million shares.
The consensus among analysts is that Kohl’s Corporation (KSS) is a Hold stock at the moment, with a recommendation rating of 3. 1 analysts rate the stock as a Sell, while 1 rate it as Overweight. 14 out of 18 have rated it as a Hold, with 2 advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is -$1.06.
Kohl’s Corporation (NYSE:KSS) trade information
Despite being -2.17% in the red today, the stock has traded in the green over the last five days, with the highest price hit on Wednesday, Jun 24 when the KSS stock price touched $21.72- or saw a rise of 7.33%. Year-to-date, Kohl’s Corporation shares have moved -60.49%, while the 5-day performance has seen it change -8.5%. Over the past 30 days, the shares of Kohl’s Corporation (NYSE:KSS) have changed 4.73%. Short interest in the company has seen 20.01 Million shares shorted with days to cover at 1.7.
Wall Street analysts have a consensus price target for the stock at $20.16, which means that the shares’ value could jump -2.56% from current levels. The projected low price target is $15 while the price target rests at a high of $27. In that case, then, we find that the current price level is +30.5% off the targeted high while a plunge would see the stock lose -27.5% from current levels.
Kohl’s Corporation (KSS) estimates and forecasts
Figures show that Kohl’s Corporation shares have underperformed across the wider relevant industry. The company’s shares have lost -59.44% over the past 6 months, with this year growth rate of -174.69%, compared to NA% for the industry. Other than that, the company has, however, lowered its growth outlook for the 2020 fiscal year revenue. Growth estimates for the current quarter are -168.4% and -151.4% for the next quarter. Revenue growth from the last financial year stood is estimated to be -18.1%.
9 analysts offering their estimates for the company have set an average revenue estimate of $3.05 Billion for the current quarter. 9 have an estimated revenue figure of $3.96 Billion for the next quarter concluding in October 01, 2020. Year-ago sales stood $4.17 Billion for this quarter, and analysts expect sales will grow by -26.8% for the current quarter.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was +0.6% over the past 5 years. Earnings growth for 2020 is a modest -9.9% while over the next 5 years, the company’s earnings are expected to increase by -8.59%.
Kohl’s Corporation (NYSE:KSS)’s Major holders
Insiders own 1.14% of the company shares, while shares held by institutions stand at 100.66% with a share float percentage of 101.82%. Investors are also buoyed by the number of investors in a company, with Kohl’s Corporation having a total of 810 institutions that hold shares in the company. The top two institutional holders are Vanguard Group, Inc. (The) with over 18.77 Million shares worth more than $273.88 Million. As of March 30, 2020, Vanguard Group, Inc. (The) held 11.9% of shares outstanding.
The other major institutional holder is Blackrock Inc., with the holding of over 14.9 Million shares as of March 30, 2020. The firm’s total holdings are worth over $217.34 Million and represent 9.44% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Vanguard Mid-Cap Index Fund. As of March 30, 2020, the former fund manager holds about 2.96% shares in the company for having 4664977 shares of worth $68.06 Million while later fund manager owns 4.09 Million shares of worth $59.6 Million as of March 30, 2020, which makes it owner of about 2.59% of company’s outstanding stock.