Economy

Q3 Earnings Miss Sends Kohl's Corporation Stock Falling

The institutional investor owned 356,600 shares of the company's stock after purchasing an additional 114,300 shares during the quarter. Kohl's Corp now has $6.63B valuation. Strs Ohio now owns 152,264 shares of the company's stock worth $6,950,000 after acquiring an additional 50,000 shares in the last quarter. City Holding Co. raised its stake in Kohl's Corp.by 19.8% in the second quarter. Cornerstone Investment Partners LLC now owns 23,496 shares of the company's stock worth $891,000 after buying an additional 8,276 shares during the last quarter. About shares traded. Ieg Holdings Corp (OTCMKTS:IEGH) has 0.00% since November 9, 2016 and is. 518,065 shares of the company's stock traded hands, compared to its average volume of 3,449,255. Simple moving average analysis helps investors to quickly identify if a security is in an uptrend or downtrend. Kohl's Corporation has a 12 month low of $35.16 and a 12 month high of $59.67. Narrowing in a bit closer, the 5 month price index is 1.10313, the 3 month is 1.0331, and the 1 month is now 0.93904.

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Among 22 analysts covering Kohl's Corporation (NYSE:KSS), 7 have Buy rating, 2 Sell and 13 Hold. Piper Jaffray maintained Kohl's Corporation (NYSE:KSS) rating on Wednesday, October 18. It was also a blow to KSS stock by coming in below Wall Street's earnings per share estimate of 72 cents for the quarter. Pnc Financial Group reported 0% of its portfolio in Kohl's Corporation (NYSE:KSS). This is down from the earnings per share of 80 cents reported in the same period of the year prior. Gross margin for the quarter was 36.8%, as compared to 37.1% the same time previous year. On average, equities analysts anticipate that Kohl's Corp. will post $3.93 EPS for the current fiscal year.

The Return on Invested Capital (aka ROIC) for Kohl's Corporation (NYSE:KSS) is 0.130481. The first value is calculated by adding the dividend yield to the percentage of repurchased shares. Kohl's Corp.'s payout ratio is 61.16%. Buckingham Research lowered shares of Kohl's Corp. from a "buy" rating to a "neutral" rating and set a $56.00 price objective for the company.in a report on Tuesday, November 15th.

How is Kohl's going to perform in the future?

TheStreet upgraded shares of Kohl's Corporation from a "c+" rating to a "b-" rating in a research note on Monday, August 14th.

Kohl's Corp. was covered by a number of analysts recently, 4 rated the stock as Buy, 13 rated Hold, 0 rated sell and 3 gave an Underperform. Piper Jaffray has "Hold" rating and $37.0 target.

In other news, CFO Wesley S. Mcdonald sold 71,582 shares of the company's stock in a transaction dated Monday, November 14th. It was previously looking for 2017 earnings per share to range from $3.50 to $3.80. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Equity analysts will routinely provide stock price target projections. With a commitment to inspiring and empowering families to lead fulfilled lives, Kohl's offers wonderful national and exclusive brands, incredible savings and an easy shopping experience in our stores, online at Kohls.com and on Kohl's mobile app. The Company operates approximately 1,154 Kohl's department stores, a Website (www.Kohls.com), approximately 12 FILA outlets, and approximately three Off-Aisle clearance centers. The company's stores sell moderately priced apparel, shoes, accessories and home products targeted to middle-income customers shopping for their families and homes.



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