Price Action Don’t Lie: Could Kohl’s Corporation Rise Even More? The Stock Had Another Big Increase Today

Price Action Don't Lie: Could Kohl's Corporation Rise Even More? The Stock Had Another Big Increase Today

The stock of Kohl’s Corporation (NYSE:KSS) is a huge mover today! About 1.89 million shares traded hands. Kohl’s Corporation (NYSE:KSS) has risen 18.28% since April 28, 2016 and is uptrending. It has outperformed by 12.36% the S&P500.
The move comes after 6 months positive chart setup for the $9.94B company. It was reported on Dec, 1 by Barchart.com. We have $59.03 PT which if reached, will make NYSE:KSS worth $596.40 million more.

Analysts await Kohl’s Corporation (NYSE:KSS) to report earnings on February, 23 before the open. They expect $1.63 EPS, up 3.16% or $0.05 from last year’s $1.58 per share. KSS’s profit will be $290.94 million for 8.54 P/E if the $1.63 EPS becomes a reality. After $0.80 actual EPS reported by Kohl’s Corporation for the previous quarter, Wall Street now forecasts 103.75% EPS growth.

Kohl’s Corporation (NYSE:KSS) Ratings Coverage

Out of 17 analysts covering Kohl’s Corporation (NYSE:KSS), 7 rate it a “Buy”, 3 “Sell”, while 7 “Hold”. This means 41% are positive. Kohl’s Corporation has been the topic of 39 analyst reports since August 6, 2015 according to StockzIntelligence Inc. The firm has “Buy” rating given on Monday, November 14 by Citigroup. The firm earned “Buy” rating on Thursday, March 31 by Miller Tabek. The firm has “Outperform” rating given on Friday, August 14 by Telsey Advisory Group. RBC Capital Markets maintained Kohl’s Corporation (NYSE:KSS) rating on Friday, August 12. RBC Capital Markets has “Underperform” rating and $44 price target. The firm has “Neutral” rating by Credit Suisse given on Wednesday, October 28. Atlantic Securities downgraded Kohl’s Corporation (NYSE:KSS) on Friday, February 5 to “Underweight” rating. UBS maintained the stock with “Neutral” rating in Friday, August 12 report. The stock of Kohl’s Corporation (NYSE:KSS) has “Outperform” rating given on Friday, August 12 by Telsey Advisory Group. On Friday, August 12 the stock rating was maintained by Jefferies with “Buy”. The rating was maintained by RBC Capital Markets with “Underperform” on Friday, May 13.

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 1.14 in Q2 2016. Its up 0.07, from 1.07 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.
Paloma Prtn Mgmt Company last reported 15,829 shares in the company. Aviance Cap has 0.35% invested in the company for 25,384 shares. Bridgewater Assoc Ltd Partnership holds 0.17% of its portfolio in Kohl’s Corporation (NYSE:KSS) for 353,509 shares. Schroder Inv Mgmt Group Incorporated, a Maine-based fund reported 583,972 shares. Flippin Bruce & Porter Inc owns 130,574 shares or 1.47% of their US portfolio. Aviva Public Lc owns 119,646 shares or 0.03% of their US portfolio. Monetary Mgmt Grp has 0.03% invested in the company for 1,475 shares. Gemmer Asset Ltd Liability Corporation accumulated 185 shares or 0% of the stock. State Common Retirement Fund reported 494,958 shares or 0.03% of all its holdings. Blair William And Il last reported 127,867 shares in the company. The Georgia-based Herndon Cap Limited Liability Corporation has invested 0% in Kohl’s Corporation (NYSE:KSS). Exxonmobil Investment Tx holds 0.04% of its portfolio in Kohl’s Corporation (NYSE:KSS) for 47,553 shares. Nordea Investment Ab last reported 1.61 million shares in the company. Alyeska Investment Gp Limited Partnership last reported 290,803 shares in the company. Thompson Invest Management holds 101,228 shares or 0.79% of its portfolio.

Insider Transactions: Since August 11, 2016, the stock had 1 buy, and 2 insider sales for $5.38 million net activity. 71,582 shares were sold by MCDONALD WESLEY S, worth $3.97M on Monday, November 14. 615 shares were bought by WATSON STEPHEN E, worth $26,980 on Thursday, August 11.

Another recent and important Kohl’s Corporation (NYSE:KSS) news was published by Businesswire.com which published an article titled: “Kohl’s Corporation Reports Third Quarter Financial Results” on November 10, 2016.

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.

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