Kohl’s Corporation’s Stock Is Sell After Today’s Bearish Options Activity

 Kohl's Corporation's Stock Is Sell After Today's Bearish Options Activity

In today’s session Kohl’s Corporation (KSS) recorded an unusually high (1,277) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the November, 2016 put, expecting serious KSS decrease. With 1,277 contracts traded and 30204 open interest for the Nov, 16 contract, it seems this is a quite bearish bet. The option with symbol: KSS161118P00042500 closed last at: $1.55 or 6.9% up. About 724,899 shares traded hands. Kohl’s Corporation (NYSE:KSS) has declined 5.66% since April 1, 2016 and is downtrending. It has underperformed by 6.88% the S&P500.

Analysts await Kohl’s Corporation (NYSE:KSS) to report earnings on November, 10. They expect $0.72 EPS, down 4.00% or $0.03 from last year’s $0.75 per share. KSS’s profit will be $127.78 million for 15.05 P/E if the $0.72 EPS becomes a reality. After $1.22 actual EPS reported by Kohl’s Corporation for the previous quarter, Wall Street now forecasts -40.98% negative EPS growth.

Kohl’s Corporation (NYSE:KSS) Ratings Coverage

Out of 16 analysts covering Kohl’s Corporation (NYSE:KSS), 6 rate it a “Buy”, 3 “Sell”, while 7 “Hold”. This means 38% are positive. $75 is the highest target while $37 is the lowest. The $47.47 average target is 9.55% above today’s ($43.33) stock price. Kohl’s Corporation has been the topic of 36 analyst reports since August 6, 2015 according to StockzIntelligence Inc. The firm has “Outperform” rating by Telsey Advisory Group given on Friday, February 26. The stock has “Neutral” rating given by UBS on Friday, August 12. The stock of Kohl’s Corporation (NYSE:KSS) has “Buy” rating given on Friday, September 30 by Guggenheim. Credit Suisse maintained the shares of KSS in a report on Wednesday, October 28 with “Neutral” rating. Telsey Advisory Group maintained Kohl’s Corporation (NYSE:KSS) rating on Friday, October 16. Telsey Advisory Group has “Outperform” rating and $60 price target. The rating was maintained by Telsey Advisory Group with “Outperform” on Friday, August 12. The rating was maintained by M Partners on Tuesday, November 10 with “Buy”. The rating was maintained by Telsey Advisory Group on Sunday, August 16 with “Buy”. On Friday, May 13 the stock rating was maintained by RBC Capital Markets with “Underperform”. The stock has “Buy” rating given by Miller Tabek on Thursday, March 31.

According to Zacks Investment Research, “Kohl’s Corporation operates family oriented, specialty department stores primarily in the Midwest, Mid-Atlantic and Northeast areas of the United States that feature quality, national brand merchandise priced to provide exceptional value to customers. The company’s stores sell moderately priced apparel, shoes, accessories and home products targeted to middle-income customers shopping for their families and homes. Kohl’s stores feature easily accessible locations, well laid out stores, central checkout and good in-stock.”

Insitutional Activity: The institutional sentiment increased to 1.07 in 2016 Q2. Its up 0.17, from 0.9 in 2016Q1. The ratio increased, as 74 funds sold all Kohl’s Corporation shares owned while 158 reduced positions. 64 funds bought stakes while 185 increased positions. They now own 167.65 million shares or 6.12% less from 178.57 million shares in 2016Q1.
Omers Administration owns 35,900 shares or 0.03% of their US portfolio. Dreman Value Management L L C has 19,586 shares for 0.46% of their US portfolio. Tdam Usa accumulated 14,847 shares or 0.03% of the stock. Perkins Investment Mgmt Ltd has invested 0.53% of its portfolio in Kohl’s Corporation (NYSE:KSS). Moreover, M&T State Bank has 0.01% invested in Kohl’s Corporation (NYSE:KSS) for 45,653 shares. Hightower Limited Com owns 44,624 shares or 0.02% of their US portfolio. The New York-based Tower Capital Lc (Trc) has invested 0.02% in Kohl’s Corporation (NYSE:KSS). Da Davidson accumulated 52,551 shares or 0.06% of the stock. Exxonmobil Invest Management Tx reported 47,553 shares or 0.04% of all its holdings. Keybank Association Oh has invested 0% of its portfolio in Kohl’s Corporation (NYSE:KSS). Raymond James & Associates last reported 27,008 shares in the company. Profund Advisors Limited Company has invested 0.01% of its portfolio in Kohl’s Corporation (NYSE:KSS). The Georgia-based Voya Limited Company has invested 0.02% in Kohl’s Corporation (NYSE:KSS). Whittier Trust owns 526 shares or 0% of their US portfolio. Moreover, Caisse De Depot Et Placement Du Quebec has 0.02% invested in Kohl’s Corporation (NYSE:KSS) for 228,900 shares.

Insider Transactions: Since August 11, 2016, the stock had 1 insider purchase, and 0 selling transactions for $26,980 net activity. 615 shares were bought by WATSON STEPHEN E, worth $26,980.

Kohl’s Corporation is an operator of department stores. The company has a market cap of $7.69 billion. The Firm also operates an e-commerce Website (www.Kohls.com). It has a 14.17 P/E ratio. The Firm operates over 1,160 department stores in approximately 50 states.

KSS Company Profile

Kohl’s Corporation (Kohl’s), incorporated on March 23, 1993, is an operator of department stores. The Firm also operates an e-commerce Website (www.Kohls.com). The Firm operates over 1,160 department stores in approximately 50 states. The Firm sells private label, exclusive and national brand apparel, footwear, accessories, beauty and home products. The Company’s Website includes merchandise, which is available in its stores, as well as merchandise, which is available only on-line.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Tags: , ,

Related posts

Leave a Comment