In yesterday’s Wall Street session, Kohl’s Corp (NYSE:KSS) shares traded at $17.03, up 3.84% from the previous session.
KSS stock price is now -10.10% away from the 50-day moving average and -23.94% away from the 200-day moving average. The market capitalization of the company currently stands at $1.97B.
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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 $2.33 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 1.59% of the company’s stock is owned by insiders.
During the past 12 months, Kohl’s Corp has had a low of $16.12 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 $18.944 and a two-hundred day moving average price translates $22.3898 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.
