A share of Kohl’s Corporation (NYSE:KSS) closed at $31.10 per share on Wednesday, up from $29.26 day before. While Kohl’s Corporation has overperformed by 6.29%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, KSS fell by -39.32%, with highs and lows ranging from $64.38 to $26.07, whereas the simple moving average fell by -37.67% in the last 200 days.
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On July 07, 2022, Gordon Haskett Downgraded Kohl’s Corporation (NYSE: KSS) to Hold. A report published by BofA Securities on July 07, 2022, Downgraded its rating to ‘Underperform’ for KSS. Citigroup also Downgraded KSS shares as ‘Neutral’, setting a target price of $39 on the company’s shares in a report dated May 23, 2022. BofA Securities Initiated an Neutral rating on March 08, 2022, and assigned a price target of $60. Gordon Haskett February 10, 2022d its ‘Buy’ rating to ‘Accumulate’ for KSS, as published in its report on February 10, 2022. UBS’s report from January 07, 2022 suggests a price prediction of $38 for KSS shares, giving the stock a ‘Sell’ rating. UBS also rated the stock as ‘Neutral’.
Analysis of Kohl’s Corporation (KSS)
It’s important to note that KSS shareholders are currently getting $2.00 per share in dividends, so investors will receive a return regardless of how the company performs. Further, the quarter-over-quarter decrease in sales is -4.40%, showing a negative trend in the upcoming months.
Kohl’s Corporation’s future performance can be predicted by a variety of well-rounded types of analysis and research, with equity being one of the most crucial ones. The goal here is to ensure that your current return on equity of 19.50% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.30, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can be an extremely valuable indicator of volatility, and KSS is registering an average volume of 5.43M. On a monthly basis, the volatility of the stock is set at 4.88%, whereas on a weekly basis, it is put at 4.93%, with a gain of 14.97% over the past seven days. Furthermore, long-term investors anticipate a median target price of $33.73, showing growth from the present price of $31.10, which can serve as yet another indication of whether KSS is worth investing in or should be passed over.
How Do You Analyze Kohl’s Corporation Shares?
A giant in the Department Stores market, Kohl’s Corporation (KSS) is based in the USA. When comparing Kohl’s Corporation shares with other companies under Consumer Cyclical, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 4.79, there is a growth in quarterly earnings of 20.90%.
Besides checking the fundamentals, you should also know how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 1.30%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 96.20% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
Are institutional investors increasing their holdings in KSS shares?
The recent increase in stakes in KSS appears to be a result of several institutional investors and hedge funds increasing their positions. The Vanguard Group, Inc.’s position in KSS has decreased by -2.81% in the first quarter. The company now owns 13,465,287 shares of the stock, with a value of $480.58 million, following the sale of -389,234 additional shares during the last quarter. BlackRock Fund Advisors made another decreased to its shares in KSS during the first quarter, downing its stake by -10.46%. During the last quarter, the company dropped down -1,224,548 additional shares for a total stake of worth $374.31 million, bringing number of shares owned by the company to 10,487,877.
During the first quarter, Macellum Advisors LP subtracted a -550,000 position in KSS. T. Rowe Price Associates, Inc. sold an additional -0.52 million shares in the last quarter, decreasing its holdings by -7.72%, now holding 6.27 million shares worth $223.82 million. At the end of the first quarter, JPMorgan Investment Management, I decreased its KSS holdings by -7.57% and now holds 6.12 million KSS shares valued at $218.4 million with the lessened -0.5 million shares during the period. KSS shares are owned by institutional investors to the tune of 96.20% at present.