Excluding items, the company earned US$1.22 per share.
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TheStreet Ratings rated this stock as a “hold” with a ratings score of C.
For the next one year, EPS estimate is set at $3.97 by 23 analysts although a year ago the analysts recommended the company’s EPS at $3.84.
The US homeware and fashion retailer saw sales slip by 2.0% to $4.2bn over the three months to 30 July (consensus: $4.161bn), despite which earnings rose sharply as a result of better margins and lower overheads.
Kohl’s Corp. (NYSE:KSS) last released its quarterly earnings data on Thursday, August 11th. The company has a market cap of $8.09B and now has 183M shares outstanding.
According to Zacks, “Kohl’s Corporation delivered better-than-expected earnings and revenues in the second quarter of fiscal 2016”. Morgan Stanley now owns 1,038,924 shares of the company’s stock worth $49,484,000 after buying an additional 504,130 shares in the last quarter. The firm has a 50 day moving average of $38.99 and a 200-day moving average of $41.89. Analysts polled by Consensus Metrix had expected a decline of 1.7%. Shareholders of record on Wednesday, September 7th will be given a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 4.53%.
Sales at stores open at least a year, a key indicator of a retailer’s health, fell 1.8 percent.
Without ever trading a single share of stock, without buying an option and Without ever touching a mutual friend.
The upbeat results follow a disastrous first quarter, when Kohl’s sales fell for the first time in six quarters. Berkshire Asset Management LLC PA boosted its stake in Kohl’s Corp.by 0.7% in the second quarter.
Stock prices often move to the upside on recommendations and new price targets of professional brokerage firms.
Additionally, the company has a PE ratio of 95.47 and has EPS of 0.47.
The company plans to repurchase shares worth $600 million at an average price of $50 per share. Shares were Reiterated by Telsey Advisory Group on May 13, 2016 to “Outperform” and Lowered the Price Target to $ 44 from a previous price target of $55.Shares were Reiterated by RBC Capital Mkts on May 13, 2016 to “Underperform” and Lowered the Price Target to $ 37 from a previous price target of $42.Shares were Reiterated by Stifel on May 13, 2016 to “Buy” and Lowered the Price Target to $ 45 from a previous price target of $54. Finally, Oarsman Capital Inc. increased its position in Kohl’s Corp.by 67.6% in the fourth quarter.
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Kohl’s Corporation (Kohl’s) is a specialty department store. The Company sells private label and national brand apparel footwear accessories beauty and home products.
