$3.9 Billion in Sales Expected for Kohl's Co. (KSS) This Quarter
- Author: Zachary Reyes May 11, 2017,
May 11, 2017, 17:42
(NYSE:KSS) last announced its quarterly earnings results on Thursday, February 23rd.
Zacks presents analysts with an ABR (Average Broker Rating), based on the sell-side recommendations. For the next year, analysts anticipate that the business will report sales of $18.43 billion per share, with estimates ranging from $18.08 billion to $19.07 billion. Comparatively, the peers have a net margin 3.57%, and the sector's average is 55.75%. Atlantic Securities downgraded Kohl's Corporation (NYSE:KSS) on Friday, February 5 to "Underweight" rating. The Hamlin Capital Management Llc holds 1.51M shares with $74.34M value, up from 1.31 million last quarter. Kohl's Co. The firm had revenue of $6.21 billion for the quarter, compared to the consensus estimate of $6.22 billion. Kohl's Co. Kohl's Co.'s quarterly revenue was down 2.8% on a year-over-year basis.
Excluding non-recurring items, net income for the first-quarter rose 14 percent to $66 million from the prior year's $58 million, with adjusted earnings per share improving to $0.39 from $0.31 last year. Cantor Fitzgerald reissued an "overweight" rating and issued a $9.00 price objective on shares of Cerus in a research report on Wednesday, March 8th. Zacks Investment Research raised Kohl's Co. from a "strong sell" rating to a "hold" rating in a research note on Wednesday, April 19th. Earnings of 39 cents a share exceeded analysts' expectations of 29 cents a share, but total sales of $3.84 billion missed the consensus estimate of $3.9 billion. Piper Jaffray Companies restated a "hold" rating and set a $38.00 price objective on shares of Kohl's Co.in a report on Monday, April 3rd. Seven investment analysts have rated the stock with a sell rating, twelve have issued a hold rating, five have given a buy rating and one has given a strong buy rating to the stock. (KSS)'s stock to Neutral with no specific Price Target. If you are accessing this story on another publication, it was illegally stolen and reposted in violation of US & worldwide copyright and trademark legislation. "(KSS) Earns Media Impact Rating of 0.01" was originally posted by Transcript Daily and is the property of of Transcript Daily.
Investors and Traders continue to monitor technical levels of shares of Kohl's Corporation (KSS). 14,628 shares valued at $619,057 were sold by SICA FRANK V on Thursday, March 2. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
Hedge funds and other institutional investors have recently modified their holdings of the stock.
Several investment firms issued their expert ratings on Kohl's Corp.
To gauge your chances of picking a winning stock, take a close look at its fundamentals, especially its earnings-per-share growth. It has a 36-month beta of 1.13, so you might be in for a bumpy ride. Dnb Asset As holds 0% of its portfolio in Kohl's Corporation (NYSE:KSS) for 15,259 shares. King Luther Cap Mgmt Corp holds 0.1% of its portfolio in Kohl's Corporation (NYSE:KSS) for 217,347 shares.
The number of Kohl's Corporation shares in issue is 172,356,000 which have a current share price of 40.31 bringing Kohl's Corporation's market capitalisation to 6.95B United States dollars. Finally, Virtus Investment Advisers Inc. acquired a new stake in shares of Kohl's Co. during the third quarter worth about $202,000. Cedar Wealth Management LLC now owns 3,624 shares of the company's stock worth $159,000 after buying an additional 195 shares in the last quarter.
Shares of Kohl's Co. Mitsubishi Ufj Tru And Banking has 0.04% invested in Kohl's Corporation (NYSE:KSS). The stock of Kohl's Corporation (NYSE:KSS) earned "Buy" rating by Telsey Advisory Group on Sunday, August 16. The company has a 50 day moving average price of $39.19 and a 200-day moving average price of $44.21. The share last price represents downtick move of -31.86% in value from company's 52-Week high price and shows 24.17% above change in value from its 52-Week low price.