Kohl’s Corp. (NYSE: KSS) Shares Are Heading Higher

In the last trading session, 9.14 million shares of the Kohl’s Corp. (NYSE:KSS) were traded, and its beta was 2.04. Most recently the company’s share price was $24.70, and it changed around $1.51 or 6.51% from the last close, which brings the market valuation of the company to $2.74B. KSS currently trades at a discount to its 52-week high of $29.65, offering almost -20.04% off that amount. The share price’s 52-week low was $17.68, which indicates that the current value has risen by an impressive 28.42% since then. We note from Kohl’s Corp.’s average daily trading volume that its 3-month average coming to 5.42 million.

Kohl’s Corp. stock received a consensus recommendation rating of Hold, based on a mean score of 3.06. If we narrow it down even further, the data shows that 4 out of 21 analysts rate the stock as a Sell; another 5 rate it as Overweight. Among the rest, 10 recommended KSS as a Hold, whereas 2 deemed it a Buy, and 0 rated it as Underweight. Kohl’s Corp. is expected to report earnings per share of $0.05 for the current quarter.

Kohl’s Corp. (NYSE:KSS) trade information

Instantly KSS has showed a green trend with a performance of 6.51% at the end of last trading. The performance over the last five days has remained in the green territory. The company’s shares are currently down -13.88% year-to-date, but still up 11.11% over the last five days. On the other hand, Kohl’s Corp. (NYSE:KSS) is -10.18% down in the 30-day period.

The consensus price target as assigned by Wall Street analysts is $39.69, which translates to bulls needing to increase their stock price by 37.77% from its current value. Analyst projections state that KSS is forecast to be at a low of $24 and a high of $75.

Kohl’s Corp. (KSS) estimates and forecasts

Kohl’s Corp. 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 risen 18.81 percent over the past six months and at a -21.40% annual growth rate that is well above the industry average of -23.70%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will loss -61.50% in revenue this quarter, and will report an increase of 36.50% in the next quarter. The year-over-year growth rate is expected to be -0.20%, down from the previous year.

Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -10.07%.

KSS Dividends

Kohl’s Corp.’s next quarterly earnings report is expected to be released in May. The annual dividend yield of the stock is 8.10 percent and its annual dividend per share was 2.00. It is important to note, however, that the 8.10% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.