Kohl’s Corp (NYSE: KSS) Shares Might Go Down -44.45% This Year

In today’s recent session, 1.95 million shares of the Kohl’s Corp (NYSE:KSS) have been traded, and its beta is 1.90. Most recently the company’s share price was $14.65, and it changed around -$0.57 or -3.71% from the last close, which brings the market valuation of the company to $1.63B. KSS at last check was trading at a discount to its 52-week high of $29.60, offering almost -102.05% off that amount. The share price’s 52-week low was $14.22, which indicates that the recent value has risen by an impressive 2.94% since then. We note from Kohl’s Corp’s average daily trading volume that its 10-day average is 17.2 million shares, with the 3-month average coming to 8.52 million.

Kohl’s Corp stock received a consensus recommendation rating of Hold, based on a mean score of 3.50. If we narrow it down even further, the data shows that 2 out of 17 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 9 recommended KSS as a Hold, whereas 2 deemed it a Buy, and 4 rated it as Underweight. Kohl’s Corp is expected to report earnings per share of 0.79 for the current quarter.

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Kohl’s Corp (NYSE:KSS) trade information

Instantly KSS has been showing red trend so far today with a performance of -3.71% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 15.93 on recent trading dayincreased the stock’s daily price by 8.04%. The company’s shares are currently down -48.90% year-to-date, but still down -4.22% over the last five days. On the other hand, Kohl’s Corp (NYSE:KSS) is -21.59% down in the 30-day period. We can see from the shorts that 35.5 million shares have been sold at a short interest cover period of 6.47 day(s).

The consensus price target as assigned by Wall Street analysts is $22, which translates to bulls needing to increase their stock price by 33.41% from its current value. Analyst projections state that KSS is forecast to be at a low of $19 and a high of $25.

Kohl’s Corp (KSS) estimates and forecasts

Kohl’s Corp share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -34.92 percent over the past six months and at a -51.93% annual growth rate that is well below the industry average of -32.60%. The year-over-year growth rate is expected to be -5.14%, down from the previous year.

Consensus estimates provided by 7 financial analysts predict the company will bring in an average of 5.25B in revenue for the current quarter. 4 analysts expect Kohl’s Corp to make 3.18B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 5.71B and 3.18B respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -8.12%. Forecasts for the next quarter put sales growth at 0.14%.

Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -10.07%. Kohl’s Corp earnings are expected to increase by -53.93% in 2024, but the outlook is negative -13.00% per year for the next five years.

KSS Dividends

Kohl’s Corp’s next quarterly earnings report is expected to be released in January. The annual dividend yield of the stock is 13.65 percent and its annual dividend per share was 2.00. It is important to note, however, that the 13.65% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision. The average dividend yield for the past five years averaged 6.4 per year.

Kohl’s Corp (NYSE:KSS)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 1.58% of Kohl’s Corp shares, and 127.26% of them are in the hands of institutional investors. The stock currently has a share float of 129.30%. Kohl’s Corp stock is held by 499.0 institutions, with BLACKROCK INC. being the largest institutional investor. By 2024-06-30, it held 15.9042% of the shares, which is about 17.65 million shares worth $405.86 million.

VANGUARD GROUP INC, with 10.7673% or 11.95 million shares worth $274.77 million as of 2024-06-30, holds the second largest percentage of outstanding shares.