President Chawla Sona sold 10,000 shares in Kohl’s Corporation (NYSE:KSS) for $214,159 in transaction occurred on 2018/09/26. After making this transaction, the President owns a direct stake of 746,900 shares, worth $14,969,714, as per the last closing price. On 2018/09/05 Streeter Stephanie A, Director at KSS, dumped 4,776 shares at an average price of $81.5 per share. The selling total is valued at $1,403,872.
Separately, it had been reported that some other KSS insiders also took part of the insider trading activity. President, Chawla Sona had divested 27,223 shares for $239,848 through a trade on 2018/09/05. Following this activity, the insider holds 2,202,885 shares worth $16,765,375 as of recent close. Wall Street’s most bullish Kohl’s Corporation (NYSE:KSS) analysts are predicting the share price to blow past $110 per share during the next 12 months. The current median share price forecast by them is $75, suggesting that the stock could increase 7.3% in that time frame. The average price target of $75.42 calls for a nearly 7.9% increase in the stock price.
Kohl’s Corporation (KSS) trading activity significantly improved as the volume at ready counter increased to 4,235,275 shares versus 3,839,495 in average daily trading volume over the past 20 days. So far this year, the volume has averaged about 4,175,717 shares. The share price rose 1.04% in recent trade and currently has a stock-market value of $11.78B. The shares finished at $69.9, after trading as low as $68.4 earlier in the session. It hit an intraday high Wednesday at $70.87. The stock is now 24.24% above against its bear-market low of $56.26 on January 10, 2018. It has retreated -19.14% since it’s 52-week high of $83.28 reached in November. Now the market price is up 22.85% on the year and up 5.37% YTD.
KSS’s 50 day simple moving average (SMA 50) price is $69.08 and its 200-day simple moving average (SMA 200) price is $70.6. The company’s stock currently has a total float of 162.98M shares. Its weekly volatility is hovering around 3.89% and felt 4.17% volatility in price over a month. On the upside, the share price will test short term resistance at around $71.05. On a downside, the stock is likely to find some support, which begins at $68.58. The failure to get near-term support could push it to $67.25.
It had seen a change in price target from analysts at Telsey Advisory Group, who reiterated the stock at Outperform on November 21 but moved PT from $99 to $90. Analysts at Goldman, started covering the stock on September 04 with a Buy rating. Brokerage firm Telsey Advisory Group, looks cautious as they stick to prior recommendation of Outperform, in a call on August 22. However, they did change the target price from $86 to $99. Wedbush, released new analyst coverage on August 10, calling the stock is Neutral.
When looking at valuations, Kohl’s Corporation (KSS) has a cheap P/E of 13.55x as compared to industry average of 65.3x. Moreover, it trades for 12.1 times the next 12 months of expected earnings. Also, it is trading at rather expensive levels at just over 2.1x price/book and 0.58x price/sales. Compared to others, Kohl’s Corporation is in a different league with regards to profitability, having net margins of 4.9%. To put some perspective around this, the industry’s average net margin is 4.56%. KSS’s ROE is 18.3%, which is also considerably better than the industry’s ROE of 13.67%. It’s also very liquid in the near term, with a current ratio of 1.6. The stock has a debt/capital of 0.72.
Shares of Kohl’s Corporation (KSS) have dropped -2.6% since the company’s Apr-19 earnings report. Over the past 12 fiscal quarters, Kohl’s Corporation (NYSE:KSS) has topped consensus earnings estimates in 10 quarters (83%), missed earnings in 2 quarters (16%), whereas at 0 occasion EPS met analyst expectations. KSS last reported earnings on November 20, 2018 when it released Oct-18 results that exceeded expectations. The company raked in $0.98 per share, -44.94% change on the same period last year. That was better than consensus for $0.96. Revenue for the recent quarter stood at $4.37 billion, up 1% on last year and above the $4.36 billion predicted by analysts. For this quarter, Wall Street analysts forecast revenue in a range of $3.95 billion to $4.03 billion, which should be compared with $0 generated last year. EPS is seen in a range of $0.62 to $0.81, against the $0.38 reported a year ago.