Kohl’s (NYSE:KSS) Releases FY25 Earnings Guidance

Kohl’s (NYSE:KSS) issued an update on its FY25 earnings guidance on Tuesday morning. The company provided EPS guidance of $1.20-1.50 for the period, compared to the consensus EPS estimate of $1.81. The company issued revenue guidance of down 7-8% yr/yr to ~$15.26-15.42 billion, compared to the consensus revenue estimate of $15.68 billion. Kohl’s also updated its FY 2024 guidance to 1.200-1.500 EPS.

Kohl’s Stock Performance

KSS opened at $14.74 on Thursday. The company has a market cap of $1.64 billion, a price-to-earnings ratio of 5.78, a PEG ratio of 1.30 and a beta of 1.94. The firm’s fifty day simple moving average is $18.78 and its two-hundred day simple moving average is $20.73. The company has a quick ratio of 0.16, a current ratio of 1.08 and a debt-to-equity ratio of 0.98. Kohl’s has a 52-week low of $14.22 and a 52-week high of $29.60.

Kohl’s (NYSE:KSS) last posted its quarterly earnings data on Tuesday, November 26th. The company reported $0.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.28 by ($0.08). The firm had revenue of $3.71 billion during the quarter, compared to analyst estimates of $3.64 billion. Kohl’s had a return on equity of 7.43% and a net margin of 1.66%. The company’s quarterly revenue was down 8.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.53 earnings per share. Equities analysts anticipate that Kohl’s will post 1.77 earnings per share for the current fiscal year.

Kohl’s Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 24th. Stockholders of record on Wednesday, December 11th will be issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 13.57%. The ex-dividend date is Wednesday, December 11th. Kohl’s’s dividend payout ratio is presently 78.43%.

Analysts Set New Price Targets

A number of research firms have recently issued reports on KSS. Morgan Stanley reduced their price target on shares of Kohl’s from $17.00 to $15.00 and set an “underweight” rating on the stock in a research note on Monday. Telsey Advisory Group cut their target price on Kohl’s from $23.00 to $17.00 and set a “market perform” rating on the stock in a research report on Wednesday. Robert W. Baird lowered Kohl’s from an “outperform” rating to a “neutral” rating and lowered their price target for the stock from $25.00 to $18.00 in a research report on Wednesday. Evercore ISI dropped their price objective on Kohl’s from $22.00 to $20.00 and set an “in-line” rating for the company in a research note on Thursday, August 29th. Finally, JPMorgan Chase & Co. lowered Kohl’s from a “neutral” rating to an “underweight” rating and set a $19.00 target price on the stock. in a research note on Thursday, August 29th. Three equities research analysts have rated the stock with a sell rating, seven have given a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $17.22.

Insider Activity at Kohl’s

In other Kohl’s news, EVP Feeney Siobhan Mc sold 16,367 shares of the company’s stock in a transaction dated Thursday, October 3rd. The stock was sold at an average price of $19.27, for a total transaction of $315,392.09. Following the sale, the executive vice president now owns 136,799 shares in the company, valued at $2,636,116.73. This represents a 10.69 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.86% of the stock is currently owned by company insiders.

Kohl’s Company Profile

Kohl’s Corporation operates as an omnichannel retailer in the United States. It offers branded apparel, footwear, accessories, beauty, and home products through its stores and website. The company provides its products primarily under the brand names of Croft & Barrow, Jumping Beans, SO, Sonoma Goods for Life, and Tek Gear, as well as Food Network, LC Lauren Conrad, Nine West, and Simply Vera Vera Wang.