In today’s recent session, 0.5 million shares of the Kohl’s Corporation (NYSE:KSS) have been traded, and its beta is 1.69. Most recently the company’s share price was $41.52, and it changed around -$0.81 or -1.91% from the last close, which brings the market valuation of the company to $5.45B. KSS at last check was trading at a discount to its 52-week high of $64.38, offering almost -55.06% off that amount. The share price’s 52-week low was $34.64, which indicates that the recent value has risen by an impressive 16.57% since then. We note from Kohl’s Corporation’s average daily trading volume that its 10-day average is 6.0 million shares, with the 3-month average coming to 4.03 million.
Kohl’s Corporation stock received a consensus recommendation rating of a Hold, based on a mean score of 2.50. If we narrow it down even further, the data shows that 2 out of 16 analysts rate the stock as a Sell; another 4 rate it as Overweight. Among the rest, 7 recommended KSS as a Hold, whereas 3 deemed it a Buy, and 0 rated it as Underweight. Kohl’s Corporation is expected to report earnings per share of $1.95 for the current quarter.
Kohl’s Corporation (NYSE:KSS) trade information
Instantly KSS has been showing red trend so far today with a performance of -1.91% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 45.00 on Tuesday, 06/21/22 increased the stock’s daily price by 7.73%. The company’s shares are currently down -14.29% year-to-date, but still up 4.42% over the last five days. On the other hand, Kohl’s Corporation (NYSE:KSS) is -6.02% up in the 30-day period. We can see from the shorts that 11.78 million shares have been sold at a short interest cover period of 2.46 day(s).
The consensus price target as assigned by Wall Street analysts is $50.54, which translates to bulls needing to increase their stock price by 17.85% from its current value. Analyst projections state that KSS is forecast to be at a low of $32.00 and a high of $68.00. In order for the stock price to hit the forecast high, the stock would need to plunge -63.78% from its current level, while the stock would need to crash 22.93% from its current level to reach the projected low.
Kohl’s Corporation (KSS) estimates and forecasts
Kohl’s Corporation share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -11.50 percent over the past six months and at a -10.23% annual growth rate that is well above the industry average of -18.90%. Moreover, analysts have decided to roll up on their fiscal year 2022 revenue estimates. The rating firms predict that it will loss -21.40% in revenue this quarter, and will report an increase of 5.50% in the next quarter. The year-over-year growth rate is expected to be -0.10%, down from the previous year.
Consensus estimates provided by 8 financial analysts predict the company will bring in an average of $4.11 billion in revenue for the current quarter. 8 analysts expect Kohl’s Corporation to make $4.44 billion in revenue for the quarter ending Oct 2022.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 15.30%. Kohl’s Corporation earnings are expected to increase by 698.80% in 2022, but the outlook is positive 6.14% per year for the next five years.
Kohl’s Corporation’s next quarterly earnings report is expected to be released around August 17 and August 22. The annual dividend yield of the stock is 4.72 percent and its annual dividend per share was 2.00. It is important to note, however, that the 4.72% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.
Kohl’s Corporation (NYSE:KSS)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 1.22% of Kohl’s Corporation shares, and 96.37% of them are in the hands of institutional investors. The stock currently has a share float of 97.57%. Kohl’s Corporation stock is held by 616 institutions, with Vanguard Group, Inc. (The) being the largest institutional investor. By Mar 30, 2022, it held 10.64% of the shares, which is about 13.67 million shares worth $826.24 million.
Blackrock Inc., with 9.12% or 11.71 million shares worth $708.11 million as of Mar 30, 2022, holds the second largest percentage of outstanding shares.
Vanguard Total Stock Market Index Fund and iShares Core S&P Midcap ETF were the top two Mutual Funds as of Mar 30, 2022. The former held 4.0 million shares worth $241.76 million, making up 3.11% of all outstanding shares. On the other hand, iShares Core S&P Midcap ETF held roughly 3.96 million shares worth around $229.35 million, which represents about 3.08% of the total shares outstanding.