The price of Kohl’s Corp. (NYSE:KSS) shares last traded on Wall Street rose 3.99% to $19.54.
KSS stock price is now -0.62% away from the 50-day moving average and -17.27% away from the 200-day moving average. The market capitalization of the company currently stands at $2.17B.
Top 5 Artificial Intelligence Stocks to Buy for 2024
By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it.
According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."
Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"
Sponsored
With the price target reduced from $25 to $21, TD Cowen Downgraded its rating from Buy to Hold for Kohl’s Corp. (NYSE: KSS). On August 29, 2024, JP Morgan Downgraded its previous ‘Neutral’ rating to ‘Underweight’ on the stock keeping its target price maintained at $19, while ‘Telsey Advisory Group’ rates the stock as ‘Market Perform’
In other news, Mc Feeney Siobhan, Sr EVP & Chief Tech & Digi Off sold 16,367 shares of the company’s stock on Oct 03 ’24. The stock was sold for $315,392 at an average price of $19.27. Upon completion of the transaction, the Sr EVP & Chief Tech & Digi Off now directly owns 136,799 shares in the company, valued at $2.67 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Oct 03 ’24, Officer Mc Feeney Siobhan bought 16,367 shares of the business’s stock. A total of $315,392 was incurred on buying the stock at an average price of $19.27. A total of 1.75% of the company’s stock is owned by insiders.
During the past 12 months, Kohl’s Corp. has had a low of $17.68 and a high of $29.60. As of last week, the company has a debt-to-equity ratio of 1.95, a current ratio of 1.08, and a quick ratio of 0.16. The fifty day moving average price for KSS is $19.6616 and a two-hundred day moving average price translates $23.6198 for the stock.
The latest earnings results from Kohl’s Corp. (NYSE: KSS) was released for 2024-08-03. The net profit margin was 1.66% and return on equity was 7.51% for KSS. The company reported revenue of $3.73 billion for the quarter, compared to $3.9 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -4.18 percent.
