TD Cowen has recently reduced Kohls Corp (KSS) stock to Hold rating, as announced on August 30, 2024, according to Finviz. Earlier, on August 29, 2024, JP Morgan had reduced the stock from a Neutral to Underweight, setting a price target of $19. Telsey Advisory Group also reiterated Market Perform rating with a price target of $23. Additionally, Telsey Advisory Group reiterated Market Perform rating on March 13, 2024, with a target price of $28. Telsey Advisory Group analysts, in their report published on November 22, 2023, also reiterated Market Perform rating and set a price target of $25 for Kohls Corp’s stock. Analyst ratings are significant because they provide insights into stock performance expectations, influencing investor decisions and market sentiment.
Kohls Corp (KSS) Stock Trading Recap
On Wednesday, Kohls Corp (KSS) stock saw a decline, ending the day at $19.39 which represents a decrease of $-0.97 or -4.76% from the prior close of $20.36. The stock opened at $20.11 and touched a low of $19.32 during the day, reaching a high of $20.25. The volume of shares traded was 5.14 million falling short of the average volume of 6.69 million.
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KSS Stock Performance and Moving Averages
In recent trading, Kohls Corp (KSS) stock price has shown some volatility, fluctuating -2.07% over the last five trades and -1.87% over the past 30 trades. This represents a notable shift from earlier in the year. Over the last six months, the stock has risen by -22.10%, and it has plunged by -3.29% in the previous three months. Currently, KSS is trading at -2.45%, -1.56%, and -16.83% relative to its 20-Day, 50-Day, and 200-Day Simple Moving Averages, respectively.
As of the latest trading close, KSS, a Consumer Cyclical sector stock, is trading -34.49% below its 52-week high but remains 8.38% above its 52-week low. The Average True Range (ATR) (14 days) of 0.83 highlights the stock’s average volatility, providing insight into how much the price typically fluctuates. This measure is crucial for understanding potential price swings and assessing overall market risk.
Kohls Corp’s Profitability and Valuation Ratios
Kohls Corp’s profitability metrics reveal strong financial health. The company currently boasts an operating margin of 3.88% and a profit margin of 1.66%, with a gross margin of -22.10%. The profit margin, also known as the revenue ratio or gross profit ratio, measures how efficiently a company converts sales into net income; higher margins indicate greater profitability.
In terms of valuation, Kohls Corp’s market capitalization stands at $2.16 billion. Market cap represents the total value of all outstanding shares and is a key indicator of a company’s market value. The stock’s price-to-earnings (P/E) ratio is 7.59, assessing the company’s valuation relative to its earnings. The forward P/E ratio, which uses projected earnings for the next financial year, is 9.79. Additionally, the Price-to-Sales Ratio is 0.13, reflecting the market’s valuation of the company’s sales, while the Price-to-Book Ratio is 0.56, comparing the market value to the company’s book value.
Understanding Insider Trading
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 1.74% of Kohls Corp (KSS)’s shares, while financial institutions hold 121.53%.
Notable insider trades include Mc Feeney Siobhan, Sr EVP & Chief Tech & Digi Off at Kohls Corp (KSS), who sold 16367 shares on Oct 03 ’24, at $19.27 each, totaling $0.32 million.
