Equities analysts predict that Kohl’s Co. (NYSE:KSS) will announce sales of $4.48 billion for the current quarter, Zacks Investment Research reports. Five analysts have provided estimates for Kohl’s’ earnings, with estimates ranging from $4.44 billion to $4.57 billion. Kohl’s posted sales of $4.57 billion in the same quarter last year, which would indicate a negative year over year growth rate of 2%. The company is expected to issue its next earnings report on Tuesday, August 20th.
On average, analysts expect that Kohl’s will report full-year sales of $19.93 billion for the current financial year, with estimates ranging from $18.98 billion to $20.20 billion. For the next financial year, analysts expect that the business will report sales of $20.03 billion, with estimates ranging from $18.79 billion to $20.39 billion. Zacks Investment Research’s sales calculations are a mean average based on a survey of analysts that that provide coverage for Kohl’s.
Kohl’s (NYSE:KSS) last announced its earnings results on Tuesday, May 21st. The company reported $0.61 EPS for the quarter, missing the consensus estimate of $0.67 by ($0.06). The company had revenue of $3.82 billion for the quarter, compared to the consensus estimate of $3.97 billion. Kohl’s had a return on equity of 16.74% and a net margin of 3.91%. The business’s quarterly revenue was down 3.3% on a year-over-year basis. During the same period in the previous year, the firm posted $0.64 EPS.
NYSE KSS traded up $0.59 during trading on Friday, reaching $48.71. The company’s stock had a trading volume of 2,858,797 shares, compared to its average volume of 3,978,997. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.66 and a quick ratio of 0.34. The stock has a market cap of $7.89 billion, a price-to-earnings ratio of 8.70, a price-to-earnings-growth ratio of 0.90 and a beta of 0.98. Kohl’s has a 12 month low of $45.21 and a 12 month high of $83.28. The company has a 50 day moving average of $48.38.
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 26th. Investors of record on Wednesday, June 12th were issued a dividend of $0.67 per share. The ex-dividend date of this dividend was Tuesday, June 11th. This represents a $2.68 dividend on an annualized basis and a yield of 5.50%. Kohl’s’s dividend payout ratio (DPR) is presently 47.86%.
A number of hedge funds and other institutional investors have recently bought and sold shares of KSS. Norges Bank purchased a new position in shares of Kohl’s in the fourth quarter worth about $127,565,000. Maj Invest Holding A S purchased a new position in shares of Kohl’s in the first quarter worth about $112,085,000. Delek Group Ltd. purchased a new position in shares of Kohl’s in the first quarter worth about $15,344,000. Legal & General Group Plc increased its stake in shares of Kohl’s by 24.2% in the fourth quarter. Legal & General Group Plc now owns 1,126,086 shares of the company’s stock worth $74,634,000 after purchasing an additional 219,666 shares in the last quarter. Finally, Geode Capital Management LLC increased its stake in shares of Kohl’s by 6.4% in the fourth quarter. Geode Capital Management LLC now owns 2,939,284 shares of the company’s stock worth $194,900,000 after purchasing an additional 177,898 shares in the last quarter.
Kohl’s Company Profile
Kohl's Corporation operates as an omni-channel retailer in the United States. Its stores and Website offer apparel, footwear, accessories, beauty, and home products. As of February 3, 2018, it operated 1,158 department stores; a Website Kohls.com; and 12 FILA outlets, and 4 Off-Aisle clearance centers.
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