After Making 52-Week High, Is Kohl's Corporation (KSS)’s Near-Term Analysis Positive?

January 19, 2018 - By Ellis Scott

Investors sentiment increased to 0.94 in 2017 Q3. Its up 0.08, from 0.86 in 2017Q2. It increased, as 46 investors sold Kohl's Corporation shares while 169 reduced holdings. 73 funds opened positions while 129 raised stakes. 175.28 million shares or 0.56% less from 176.27 million shares in 2017Q2 were reported.
Hills National Bank And Tru Co stated it has 43,327 shares. Chevy Chase Holdg Incorporated invested in 0.03% or 147,399 shares. Guardian Life Insurance Of America owns 386 shares for 0% of their portfolio. Japan-based Mitsubishi Ufj Trust & Bk Corp has invested 0.03% in Kohl's Corporation (NYSE:KSS). Barrow Hanley Mewhinney & Strauss Ltd reported 0% stake. Laurion Capital Mgmt L P holds 52,733 shares or 0.01% of its portfolio. 49,126 were accumulated by Comerica State Bank. Alabama-based Retirement Of Alabama has invested 0.02% in Kohl's Corporation (NYSE:KSS). Td Asset stated it has 91,819 shares or 0.01% of all its holdings. Peapack Gladstone stated it has 0.01% of its portfolio in Kohl's Corporation (NYSE:KSS). Samlyn Limited Liability Corp accumulated 316,056 shares. Dreman Value L L C has 0.31% invested in Kohl's Corporation (NYSE:KSS). Alpha Windward Ltd Liability Corp holds 0.36% or 12,836 shares. Profund Advisors Lc stated it has 0.01% in Kohl's Corporation (NYSE:KSS). Oarsman Capital stated it has 2% of its portfolio in Kohl's Corporation (NYSE:KSS).

The stock of Kohl's Corporation (NYSE:KSS) hit a new 52-week high and has $72.25 target or 8.00 % above today’s $66.90 share price. The 9 months bullish chart indicates low risk for the $11.24 billion company. The 1-year high was reported on Jan, 19 by Barchart.com. If the $72.25 price target is reached, the company will be worth $899.12M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock increased 3.16% or $2.0468 during the last trading session, reaching $66.8968. About 2.11M shares traded. Kohl's Corporation (NYSE:KSS) has risen 7.16% since January 19, 2017 and is uptrending. It has underperformed by 9.54% the S&P500.

Analysts await Kohl's Corporation (NYSE:KSS) to report earnings on February, 22. They expect $1.45 earnings per share, up 0.69 % or $0.01 from last year’s $1.44 per share. KSS’s profit will be $243.61 million for 11.53 P/E if the $1.45 EPS becomes a reality. After $0.70 actual earnings per share reported by Kohl's Corporation for the previous quarter, Wall Street now forecasts 107.14 % EPS growth.

Kohl's Corporation (NYSE:KSS) Ratings Coverage

Among 28 analysts covering Kohl’s Corporation (NYSE:KSS), 12 have Buy rating, 2 Sell and 14 Hold. Therefore 43% are positive. Kohl’s Corporation has $75 highest and $31 lowest target. $47.28’s average target is -29.32% below currents $66.8968 stock price. Kohl’s Corporation had 92 analyst reports since August 6, 2015 according to SRatingsIntel. As per Tuesday, August 29, the company rating was maintained by RBC Capital Markets. Robert W. Baird maintained the shares of KSS in report on Thursday, December 21 with “Buy” rating. The firm has “Neutral” rating given on Friday, August 14 by UBS. On Friday, February 10 the stock rating was initiated by Susquehanna with “Neutral”. As per Thursday, August 10, the company rating was downgraded by Gordon Haskett. RBC Capital Markets maintained Kohl's Corporation (NYSE:KSS) on Thursday, November 9 with “Sell” rating. RBC Capital Markets maintained Kohl's Corporation (NYSE:KSS) rating on Tuesday, October 3. RBC Capital Markets has “Sell” rating and $39.0 target. The company was initiated on Wednesday, October 7 by Citigroup. The firm has “Outperform” rating by Telsey Advisory Group given on Friday, May 13. On Thursday, January 5 the stock rating was downgraded by Robert W. Baird to “Neutral”.

More notable recent Kohl's Corporation (NYSE:KSS) news were published by: Fool.com which released: “Why Kohl’s Corporation Stock Rose 6% This Morning” on January 12, 2018, also Fool.com with their article: “Why Kohl’s Corporation Stock Jumped 13% in December” published on January 03, 2018, Fool.com published: “How Kohl’s Corporation Sharpened Its Retail Edge” on January 17, 2018. More interesting news about Kohl's Corporation (NYSE:KSS) were released by: Seekingalpha.com and their article: “What I Did With Kohl’s Up 40%” published on January 11, 2018 as well as Seekingalpha.com‘s news article titled: “Kohl’s Corporation: Don’t Believe The Recent Optimism” with publication date: January 17, 2018.

Kohl's Corporation operates department stores in the United States. The company has market cap of $11.24 billion. It offers private label, exclusive, and national brand apparel, footwear, accessories, beauty, and home products to children, men, and women customers. It has a 17.66 P/E ratio. The firm also sells its products online through Website Kohls.com.

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