Experts predict Kohl’s Corp.’s (KSS) current quarter earnings growth rate

In the current trading session, Kohl’s Corp.’s (KSS) stock is trading at the price of $27.95, a gain of 0.92% over last night’s close. So, the stock is trading at a price that is -5.72% less than its 52-week high of $29.65 and 58.12% better than its 52-week low of $17.68. Based on the past 30-day period, the stock price is -5.15% below the high and +9.20% above the low.

The 200-day Simple moving average is often placed more emphasis on by traders because of daily price changes. Investors will use the SMA-200 in different situations in trading activity as a key indicator to determine their support and resistance levels, and at the moment, KSS’s SMA-200 is $24.47.

It is also essential to consider KSS stock ratios like the price-to-sales ratio, which is 0.18 for the last year.Likewise, its price to free cash flow for the last twelve months stands at 6.21. KSS’s price to book ratio for the most recent quarter was 0.83, resulting in an 16.29 price to cash per share for the period.

How does Kohl’s Corp. (KSS) stock rate among analysts? Buy, sell, or hold?

The key to trading is to concentrate on the future rather than on the past. During uncertain times, it can be hard to make decisions. The analysts who understand how a market works are usually the most accurate at forecasting its future. Currently, there are 12 brokerage firms that recommend the stock as a Hold. The ratings are commonly aggregated into a single number between 1 and 5. Buy or strong buy is scored 5, outperform is scored 4, hold is scored 3, underperform is scored 2 and strong sell is 1. Using a scale of 1-5, the current average recommendation is 2.92 in simple terms.

Kohl’s Corp. (KSS): Earnings History

If we examine Kohl’s Corp.’s recent earnings history, in the last quarter ended on 10/30/2023, it posted adjusted earnings per share of $0.53, slashing the consensus of $0.35. In other words, it topped the consensus by $0.18, resulting in a 51.40% surprise. In the 3 months period before the previous quarter which was closed on 10/30/2023, the stock recorded adjusted earnings per share of $0.53 in contrast with the Outlook of $0.35. That was a difference of $0.18 and a surprise of 51.40%.

Kohl’s Corp. (KSS): Earnings History

Most analysts expect public companies to report earnings and revenue in line with their projections, but sometimes these figures vary from what they actually expected. In the current quarter, the company had earnings predictions made by 7 different analysts, who are expecting earnings to fall in between the range of 1.34 and 1.08 with an average Earnings Estimate of 1.24 which is in contrast with the last year earnings estimate of -2.49 and also replicates 149.80% growth rate year over year.

Kohl’s Corp. (NYSE: KSS) Ownership Details

I will give a breakdown of the key shareholders in Kohl’s Corp. (KSS). Recent figures show that the company’s insiders hold 1.90% of shares. A total of 504 institutional investors hold shares in the company, making 126.57% of its stock and 129.02% of its float.

Jun 29, 2023, it was reported that the Company’s largest institutional holder is Blackrock Inc. holding total of 13.09 million shares that make 11.83% of the company’s total number of shares and are currently priced at 301.83 million.

The securities firm Vanguard Group Inc holds 11.22 million shares of KSS, making it the second largest institutional shareholder. Taking this into account, the holding percentage comes to 10.14%, and the holding percentage of shares is valued at 258.73 million.

An overview of Kohl’s Corp.’s technicals

In order to learn about trade movements and investor behavior, it is best to analyze the short, medium, and long term technical indicators along with the average volume of a stock. A 20-day average of the stock’s daily volume suggests Kohl’s Corp. (KSS) traded 3,989,131 shares per day, with a moving average of $27.46 and price change of +1.88. With the moving average of $27.15 and a price change of +0.23, about 4,608,554 shares changed hands on average over the past 50 days. Finally, KSS’s 100-day average volume is 5,275,515 shares, alongside a moving average of $25.27 and a price change of +8.29.

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